Four Vanguard ETFs, focused on growth stocks like Microsoft and Apple, soared over 20% year-to-date.
From Nasdaq: 2024-07-03 05:49:00
Four Vanguard ETFs have soared over 20% in the first half of 2024, with the Vanguard S&P 500 Growth Index Fund ETF leading the pack at close to 24% year-to-date. The common denominator among these ETFs is a focus on growth stocks, with Microsoft, Apple, Nvidia, Amazon, and Meta Platforms as top holdings.
The Vanguard Mega Cap Growth Index Fund ETF follows closely behind with a year-to-date gain of 22%, owning 79 of the largest U.S. growth stocks with an average market cap of $1.8 trillion. Both the Vanguard Russell 1000 Growth Index Fund ETF and the Vanguard Growth Index Fund ETF are up around 21% this year, tracking various growth indexes and holding hundreds of large-cap growth stocks.
All four Vanguard ETFs have low costs, with expense ratios ranging from 0.04% to 0.10%. The Vanguard Russell 1000 Growth Index Fund ETF, with its lower market cap stocks and largest number of holdings, could be the most likely to continue flying higher due to potential impacts of an interest rate cut later in the year.
Investors should consider the top 10 stocks identified by the Motley Fool Stock Advisor analyst team, which could offer significant returns in the future. While the Vanguard Russell 1000 Growth ETF outperformed the top 10 list, the potential for substantial growth in the identified stocks is noteworthy, based on historical performance and market trends.
Read more at Nasdaq: These 4 Vanguard ETFs Soared Over 20% in the First Half of 2024. Here’s Which One Is Most Likely to Fly Even Higher.
