MGK - This Vanguard ETF Just Hit an All-Time High as It Continues to Outperform the S&P 500 and the Nasdaq Composite Over the Last 5 Years
2024-05-23 07:30:00 ET
Investors often take on the challenge of picking individual stocks to beat the market or simply invest in a way that suits their risk tolerance and helps accomplish their financial goals. But finding a quality, low-cost, exchange-traded fund (ETF) that achieves diversification and can beat the market is a passive investors' dream come true.
If you had Invested in the S&P 500 (SNPINDEX: ^GSPC) five years ago, you would have doubled your money. The Nasdaq Composite (NASDAQINDEX: ^IXIC) put up an even better return. But the Vanguard Mega Cap Growth ETF (NYSEMKT: MGK) takes the cake with a 138% total return over the last five years.
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This Vanguard ETF Just Hit an All-Time High as It Continues to Outperform the S&P 500 and the Nasdaq Composite Over the Last 5 Years