Vanguard Russell 1000 Growth ETF (VONG) — ()
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3 Growth ETFs With Big Upside Potential
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Sentiment: Positive ()
While growth stocks may look risky in the near-term, over the long-term they tend to outperform.
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About Vanguard Russell 1000 Growth ETF VONG
Invests in stocks in the Russell 1000 Growth Index, a broadly diversified index predominantly made up of growth stocks of large U.S. companies.Seeks to closely track the index’s return, which is considered a gauge of large-cap growth U.S. stock returns.Offers high potential for investment growth; share value typically rises and falls more sharply than that of funds holding bonds.More appropriate for long-term goals where your money’s growth is essential.With respect to 75% of its total assets, the fund may not: (1) purchase more than 10% of the outstanding voting securities of any one issuer or (2) purchase securities of any issuer if, as a result, more than 5% of the fund’s total assets would be invested in that issuer’s securities; except as may be necessary to approximate the composition of its target index. This limitation does not apply to obligations of the U.S. government or its agencies or instrumentalities.