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VUG - Don't Get Ambushed By The FANG/FANMAG Factor
Vanguard Growth
It’s been said time and again that one of the advantages of owning shares of an ETF is the one-trade access it provides to a diversified portfolio. Whether the ETF is oriented toward an asset class, a region, a line of business or a general combination of these, we should at least be expecting the ETF to be implementing a “top-down” view of some sort of defined “market” and spare us the burden of obsessing over the unique - idiosyncratic - characteristics of specific securities. Be careful, though, about ETFs that are, in fact, requiring