Vanguard Information Technology ETF: 3 Reasons Why Investors Need to Own VGT Right Now
Briefly

The Vanguard Information Technology ETF (VGT) has demonstrated strong historical performance, achieving a compounded average return of 23.3% over the past five years, nearly tripling an initial investment.
The top five holdings in VGT—Apple, Microsoft, Nvidia, Broadcom, and Oracle—account for approximately half of the ETF's portfolio, showcasing its significant focus on mega-cap growth stocks.
The rapid adoption of AI technology has positively impacted the ETF's returns, making it an attractive option for investors who are optimistic about the future of artificial intelligence.
With over 300 holdings, VGT stands out for its performance amid broader market conditions, highlighting the benefits of targeting the technology sector through an index fund.
Read at 24/7 Wall St.
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