ETF Overview
Vanguard Mega Cap Growth ETF (MGK) owns a portfolio of mega-cap growth stocks in the U.S. The fund has a high exposure to technology sector. This is advantageous because this sector should benefit from several megatrends in the next decade such as artificial intelligence, electric vehicle, 5G, and cloud computing. In addition, these technology stocks will benefit in a post-COVID-19 world as many people are forced to work from home. MGK’s shares are currently trading at a premium valuation. To mitigate this risk, investors may want to wait for a pullback