Vanguard Mega Cap Growth ETF: The Cream Of The Crop

Summary

• The Vanguard Mega Cap Growth fund gives investors exposure to the largest growth companies in the US market.
• The fund has a 0.07% expense fee and a 10-year average annual return of 15.62%, beating the S&P 500 by 1%+.
• The top 3 holdings are Apple, Microsoft, and Google: the cream-of-the-crop in the technology sector.
• For investors looking to add a diversified group of mega-cap tech stocks to their portfolio, given the fund's YTD performance (-19.5%), now is a good time to initiate or add to an existing position in MGK.

P_Wei

The Vanguard Mega Cap Growth ETF (NYSEARCA:MGK) gives investors relatively concentrated exposure to the United States' largest and fastest-growing companies. The fund has not weathered the bear market very well and is down 19.5% year to date. However, MGK has rallied off

Analyst’s Disclosure:I/we have a beneficial long position in the shares of AMZN, GOOG, VOO, SCHG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I am an electronics engineer, not a CFA. The information and data presented in this article were obtained from company documents and/or sources believed to be reliable, but have not been independently verified. Therefore, the author cannot guarantee their accuracy. Please do your own research and contact a qualified investment advisor. I am not responsible for the investment decisions you make.