From NASDAQ: 2024-04-03 06:20:06

The Vanguard Russell 1000 Growth ETF (VONG) offers exposure to the Large Cap Growth segment of the US equity market with over $19.12 billion in assets. Large Cap companies tend to be stable with predictable cash flows. The ETF has a low expense ratio and a 0.67% dividend yield.

VONG allocates heavily to the Information Technology sector, holding top positions in Apple Inc, Microsoft Corp, and Amazon.com Inc. The fund aims to match the performance of the Russell 1000 Growth Index, delivering a 10.36% return this year and 37.59% in the last year.

Alternatives to VONG include Vanguard Growth ETF (VUG) and Invesco QQQ, which have similar indexes but different asset sizes and expense ratios. VONG has a Zacks ETF Rank of 2 (Buy), making it a solid choice for investors seeking Large Cap Growth exposure. Passively managed ETFs offer low costs and transparency for long-term investors.



Read more at NASDAQ: Should Vanguard Russell 1000 Growth ETF (VONG) Be on Your Investing Radar?