The “Magnificent Seven” tech stocks have surged 98% in the past two years, now representing 34% of the S&P 500. While they are strong investments, history shows new stocks will rise to challenge them. Consider the Vanguard Mega Cap Growth ETF as an easy, cheap way to invest in an expanded group of large growth stocks.

The ETF tracks the US Mega Cap Growth Index, with top holdings in Nvidia, Microsoft, Apple, and Amazon. It has seen a 14% YTD return and has a low expense ratio of 0.07%, making it a highly diversified and affordable option for investors looking to capitalize on growth stocks.

While the Magnificent Seven are solid investments, it’s wise to also consider the companies that may replace them as top performers in the future. Investing in the Vanguard Mega Cap Growth ETF offers a balanced approach to growth stocks and aligns with the investment principles of Vanguard founder Jack Bogle. With a history of strong returns, the ETF provides exposure to potential future market leaders.

The Motley Fool Stock Advisor team has identified the 10 best stocks to buy now, and Vanguard Mega Cap Growth ETF isn’t one of them. Consider joining Stock Advisor to access their top picks and potentially capitalize on future market winners. Past recommendations like Netflix and Nvidia have delivered significant returns, showcasing the potential for growth in the stock market. Join Stock Advisor to stay informed on the latest investment opportunities.

Read more at Nasdaq: This Large-Cap Growth Fund Takes You Beyond the Mag 7