5 Best Large-Cap Growth ETFs

4. Vanguard Russell 1000 Growth Index Fund ETF Shares (NASDAQ:VONG)

5-Year Share Price Performance as of May 3: 105.72%

Vanguard Russell 1000 Growth Index Fund ETF Shares (NASDAQ:VONG) is placed 4th on our list of the best large-cap growth ETFs. Vanguard Russell 1000 Growth Index Fund ETF Shares (NASDAQ:VONG) invests in stocks from the Russell 1000 Growth Index, which primarily consist of growth stocks from large US corporations. The fund was introduced on September 20, 2010. VONG features an expense ratio of 0.08% as of December 22, 2023. As of March 31, 2024, the ETF’s net assets amount to $26.3 billion, with a portfolio comprising 440 stocks.

Broadcom Inc. (NASDAQ:AVGO) is one of the biggest holdings of Vanguard Russell 1000 Growth Index Fund ETF Shares (NASDAQ:VONG). Hedge fund movement in Broadcom Inc. (NASDAQ:AVGO) increased to 91 in Q4 2023, compared to 87 funds holding the stock in Q3.

Carillon Eagle Growth & Income Fund stated the following regarding Broadcom Inc. (NASDAQ:AVGO) in its fourth quarter 2023 investor letter:

“Broadcom Inc. (NASDAQ:AVGO) traded higher after closing on its acquisition of VMware. The company also announced earnings that were relatively in line with estimates with some benefit of better operating expenses. The stock appears to be one of the first real beneficiaries of generative artificial intelligence (AI) with meaningful revenue expected to show up in 2024.”

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