The "Magnificent Seven" stocks make up over 57% of this ETF. The ETF has outperformed the S&P 500 since its inception.
Vanguard doesn't offer any AI-specific ETFs. However, three of its funds have heavy concentrations in leading AI stocks.
Vanguard Mega Cap Growth Index Fund ETF Shares tracks CRSP US Mega Cap Growth Index. The index defines growth based on future and historical EPS growth, sales growth, investment to-assets ratio, and return on assets. The fund has high position risk, sector risk, cap-weighted risk and growth risk.
Looking for broad exposure to the Large Cap Growth segment of the US equity market? You should consider the Vanguard Mega Cap Growth ETF (MGK), a passively managed exchange traded fund launched on 12/17/2007.
The Vanguard Growth ETF invests in growth stocks, no matter the sector. Go big or go home with the Vanguard Mega Cap Growth ETF's top-heavy composition.