Investors are drawn to the “Magnificent Seven” stocks like Apple, Amazon, Alphabet, Meta Platforms, Microsoft, Nvidia, and Tesla. For those seeking growth, the Vanguard Growth ETF offers a diverse portfolio with an annual fee of only 0.04%. The ETF holds 165 stocks, with top holdings including Microsoft, Nvidia, and Apple.

The Vanguard Growth ETF tracks the CRSP U.S. Large Cap Growth Index, focusing on large-cap companies with above-average growth rates. With 60% of assets in the technology sector and a low expense ratio of 0.04%, the ETF offers investors exposure to top-performing companies like Microsoft, Nvidia, and Apple.

For those seeking diversification with less concentration, the Invesco S&P 500 Equal Weight ETF could be a good option. This ETF holds each of its 500-some components in equal proportion, providing a balanced approach to investing. The Vanguard Growth ETF has outperformed the S&P 500 ETF in recent years, offering solid gains for long-term investors.

While the Vanguard Growth ETF has delivered strong returns, there’s no guarantee it will always outperform. Growth stocks can be volatile, as seen in the ETF’s 2022 drop of 33% compared to the S&P 500’s 18% decline. Despite this, the ETF has provided solid overall gains for investors, making it a potential option for growth-stock needs.

Investors looking for the next big stock to buy might want to explore other opportunities beyond the Vanguard Growth ETF. The Motley Fool Stock Advisor team has identified the 10 best stocks for investors to buy now, which could potentially offer significant returns in the coming years. Don’t miss out on the latest top picks available with Stock Advisor.

*Stock Advisor returns as of August 13, 2025. Selena Maranjian has positions in Alphabet, Amazon, Apple, Broadcom, Meta Platforms, Microsoft, Nvidia, and Vanguard Index Funds-Vanguard Growth ETF. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, Tesla, and Vanguard Index Funds-Vanguard Growth ETF. The Motley Fool recommends Broadcom and offers options strategies for Microsoft.

Read more at Yahoo Finance: The Best Growth Stock ETF to Invest $100 in Right Now