Vanguard Communication Services ETF Continues to Outperform The Vanguard Communication Services ETF (VOX) is thriving in 2025, driven by strong performances from Alphabet and Meta, which make up nearly half of its holdings. With a 1% yield and a 23 P/E ratio, the ETF offers a cost-effective way to invest in the communications sector, outperforming the S&P 500.2