VANGUARD GROWTH ETF $106.09 (New York symbol VUG; buy or sell through brokers) aims to track the Center for Research in Security Prices (CRSP) U.S. Large Cap Growth Index. It’s a broadly diversified index that mainly consists of big U.S. companies.
The $50.6 billion fund holds Apple, Alphabet, Facebook, Amazon.com, Coca-Cola, Home Depot, and Walt Disney. Other top holdings include Philip Morris International, Comcast, Visa, Gilead Sciences and Oracle Corp. Vanguard launched the ETF on January 26, 2004. Its MER is just 0.08%.
The fund’s breakdown by industry is as follows: Technology, 23.6%; Consumer Services, 22.1%; Health Care, 15.0%; Financials, 12.5%; Industrials, 11.3%; Consumer Goods, 11.2%; Oil and Gas, 3.0%; Materials, 0.9%; and Telecom Services, 0.3%.
Vanguard Growth ETF is a buy.