Three Stocks Joining the S&P 500: Impact on VOO Returns
On September 21, 2026, three companies—Bloom Energy (BE), Illumina (ILMN), and another unnamed firm—are set to join the S&P 500 index. This change will affect Vanguard's S&P 500 ETF (VOO) as it rebalances its holdings. Bloom Energy is entering due to a significant surge in product revenue, driven by AI power demand from hyperscalers. Illumina returns after several years of challenges and has seen improved financial performance with higher guidance for earnings per share. The three companies exiting the index are Molson Coors (TAP), The Trade Desk (TTD), and Builders FirstSource (BLDR). These departures reflect declining revenue growth, particularly in TTD's case where it dropped from 19% to just 3%. VOO remains heavily concentrated in its top ten holdings, with megacap stocks like NVIDIA driving the majority of returns. The new additions are expected to have minimal impact on overall fund performance due to their low initial weightings. From a market perspective, this rebalancing shifts the index's composition slightly toward high-growth sectors such as AI and healthcare while reducing exposure to cyclical industries at or near cycle lows.
Tickers: $BLDR $ILMN $TAP $TTD $VOO
Topics: Bloom Energy ETF performance Illumina Molson Coors S&P 500 The Trade Desk VOO (Vanguard S&P 500 ETF)