Buy 2 Vanguard Index Funds to Beat the S&P 500 in the Next Year, According to Wall Street Analysts

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Wall Street's median forecast puts the S&P 500 ( ^GSPC +0.38% ) at 8,988 by July 2027. That implies 20% upside from its current level of 7,518. The driving force will be particularly large gains in the communication services and technology sectors, which are projected to increase 25% and 27%, respectively, over the same period, according to FactSet Research . Put differently, most Wall Street analysts think investors can beat the S&P 500 during the next year if they buy index funds that track those market sectors. Two good options are the Vanguard Communication Services ETF ( VOX +0.17% ) and Vanguard Information Technology ETF ( VGT +1.32% ) . The Vanguard Communication Services ETF measures the performance of 114 stocks in the communications services sector . The index fund is most heavily weighted toward three industries: telecommunications, interactive media, and entertainment. The five largest holdings are, as listed by weight:

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Wall Street analysts forecast that the S&P 500 will rise by approximately 20% from its current 7,518 to 8,988 by July 2027. Notably, the Communication Services and Technology sectors are expected to outperform the market with high growth rates of 25% and 27%, respectively. Investors can look forward to excess returns relative to the market through Vanguard ETFs that track these sectors.

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