From Nasdaq:

Investing in an ETF like Vanguard Mega Cap Growth Index Fund ETF (MGK) allows for easy diversification with holdings in the “Magnificent Seven” stocks like Microsoft, Apple, Amazon, and more. The ETF targets U.S. megacap growth stocks, offering a strong average annual return of 19.59% over five years with a low 0.07% expense ratio.

While the Vanguard Mega Cap Growth Index Fund ETF has skyrocketed over 50% in the last 12 months, its high price-to-earnings ratio of 38.3x may give investors pause. However, for those seeking strong growth prospects and willing to endure potential volatility, this ETF could be a solid choice for long-term gains.

Despite the impressive performance of the Vanguard Mega Cap Growth Index Fund ETF, it was not among the Motley Fool’s top 10 stock recommendations. The Stock Advisor service provides investors with expert guidance and stock picks that have outperformed the S&P 500 since 2002, offering a proven blueprint for success in the market.



Read more at Nasdaq: 59% of This Vanguard ETF Is Invested in the “Magnificent Seven” Stocks. Is It a No-Brainer Buy Right Now?