Reported 12 months ago
As the S&P 500 index experienced a 15% return in 2024 driven by large-cap tech stocks like Nvidia, Microsoft, Apple, Amazon, and Meta Platforms, investors are advised to consider buying Vanguard Mega Cap Growth ETF (NYSEMKT: MGK) and Vanguard Growth ETF (NYSEMKT: VUG) for diversified exposure to the technology sector. The Mega Cap Growth ETF focuses on large U.S. growth companies with heavy tech sector exposure and has outperformed the S&P 500 historically. On the other hand, the Growth ETF offers a more diversified option with slightly different top holdings and has a lower expense ratio. Both ETFs can provide investors with exposure to high-growth trends like artificial intelligence and tech stocks driving the market, with potential for long-term returns.
Source: YAHOO