MGK

Vanguard Mega Cap Growth ETF

$408.56
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Vanguard Mega Cap Growth ETF seeks to track the performance of a benchmark index that measures the investment return of the largest growth stocks in the U.S. market.

Overview

ETF tracking Vanguard Mega Cap Growth ETF

Category Large Cap
Issuer Vanguard
Inception Date 2007-12-21
Market Cap $31.3B
Average Volume N/A
Dividend Yield 0.38%
52-Week Range $273.67 - $425.89
VWAP $408.06

Performance

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Investment Summary

📎 Investment Objective

The Vanguard Mega Cap Growth ETF seeks to track the performance of a benchmark index that measures the investment return of the largest growth stocks in the U.S. market.

🎯 Investment Strategy

The ETF employs a passively managed, full-replication approach to track the CRSP US Mega Cap Growth Index, which includes the largest U.S. growth stocks by market capitalization. The fund invests in a representative sample of the index's holdings to replicate its performance.

✨ Key Features

  • Provides exposure to the largest growth stocks in the U.S. market
  • Employs a low-cost, passively managed index-tracking approach
  • Diversified portfolio across multiple sectors and industries
  • Potential for long-term capital appreciation

⚠️ Primary Risks

  • Market risk: The value of the fund's holdings may decline due to general market conditions
  • Concentration risk: The fund's performance is heavily dependent on the largest growth stocks
  • Style risk: The fund's focus on growth stocks may underperform during periods when value stocks are in favor
  • Liquidity risk: The fund may have difficulty trading some of its holdings due to low trading volume

👤 Best For

The Vanguard Mega Cap Growth ETF may be suitable for long-term investors seeking exposure to the largest growth stocks in the U.S. market as part of a diversified portfolio. Investors with a higher risk tolerance and a focus on capital appreciation may find this fund appropriate.