Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Tesla are the leading tech companies in the world, often referred to as the "Magnificent Seven." They've generally been excellent investments to hang on to recently.
MGK has outperformed peers and the broader market, driven by a concentrated mega-cap tech stocks portfolio. I expect continued strong momentum over the next 18 months, supported by robust earnings, economic growth, and anticipated interest rate cuts. MGK's low expense ratio, high liquidity, and exposure to dominant tech names make it a compelling long-term buy-and-hold investment.
The Vanguard Mega Cap Growth ETF (MGK) was launched on 12/17/2007, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Growth segment of the US equity market.
The stock market has been volatile the past few months, but if there's one silver lining right now, it's that many higher-priced investments are on sale.
Stock market volatility can be disconcerting, especially for newer investors. However, volatility is the short-term price you pay to reap gains over the long run.
Launched on 12/17/2007, the Vanguard Mega Cap Growth ETF (MGK) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Growth segment of the US equity market.
While growth stocks may look risky in the near-term, over the long-term they tend to outperform.
Market retractions offer opportunities to accumulate high-quality stocks at discounted valuations, and ETFs like Vanguard's MGK provide efficient exposure to large-cap growth companies. MGK focuses on a smaller number of high-growth tech stocks, leading to potential outperformance but also greater volatility compared to more diversified ETFs. With a low expense ratio of 0.07%, MGK is an affordable way to gain significant exposure to the booming AI and technology sectors.
Thanks to their extremely low management fees, Vanguard's exchange-traded funds (ETFs) are consistently on the radars of investors keen on maximizing the returns on their investments -- and not losing money to fund managers.
The Vanguard Mega Cap Growth ETF (MGK) was launched on 12/17/2007, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Growth segment of the US equity market.
The S&P 500 (SNPINDEX: ^GSPC) is coming off a total return of 25% in 2024, which was more than double its average annual gain of 10.5% dating back to when it was established in 1957. The strong result was driven by a group of technology giants dubbed the Magnificent Seven, which earned the title for their incredible size and ability to consistently outperform the broader market.
The stock market has been a rocket ship over the past two years. What is the main fuel powering the upward climb?