Even at an All-Time High, The Vanguard S&P 500 ETF Isn't as Expensive as It Seems
The Vanguard S&P 500 ETF is trading near all-time highs, with an 8.5% year-to-date gain. While the index appears expensive compared to historical metrics, technological advancements and increased business efficiency justify its higher valuation.
https://www.fool.com/investing/2025/08/14/all-time-high-buy-sp-500-stocks/?source=iedfolrf0000001