Investing in megacap stocks with market caps over $200 billion can help diversify and protect your portfolio. The Vanguard Mega Cap Growth ETF (NYSEMKT: MGK) focuses on these stocks, with tech dominating the portfolio. The top three holdings are Nvidia, Apple, and Microsoft, making up over 38% of the ETF.

Tech stocks have been performing well due to AI advancements, contributing to the ETF’s 18% gain this year. The fund has outperformed the S&P 500 in eight of the past nine years, showing strong historical returns. While past performance isn’t a guarantee, investing in top growth stocks like these has yielded significant returns.

While the heavy tech focus may pose risks, the ETF can be a good long-term investment for growth-oriented investors. With minimal fees and exposure to leading global companies, the Vanguard Mega Cap Growth ETF offers potential for market-beating returns. Consider the risks and your investment timeline before buying.

Read more at Yahoo Finance: Is This Low-Cost Megacap ETF a No-Brainer Buy for the Long Haul?