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What's the Best-Performing Vanguard ETF of 2024 So Far?

Victor HaleThursday, Nov 7, 2024 5:02 am ET
1min read
As we approach the midway point of 2024, investors are eager to know which Vanguard exchange-traded funds (ETFs) have delivered the strongest performance. Vanguard is renowned for its low-cost index funds and ETFs, offering investors broad market exposure and diversification. In this article, we will explore the best-performing Vanguard ETF of 2024 so far and analyze the factors contributing to its success.

The Vanguard S&P 500 Growth ETF (VOOG) has been the standout performer among Vanguard ETFs in 2024, with a total return of over 28%. This ETF focuses on growth stocks in the S&P 500, providing investors with exposure to companies with exceptional growth prospects. VOOG's top holdings include Apple, Microsoft, Nvidia, Amazon, and Meta, which together make up around 45.8% of the ETF's portfolio. These tech giants have significantly contributed to VOOG's strong performance this year, with Nvidia's shares skyrocketing 175%.


The ongoing surge in demand for artificial intelligence (AI) applications has been a significant driver of VOOG's performance. Many of the ETF's top holdings are at the forefront of AI innovation, benefiting from the increasing adoption of AI technologies across various industries. Additionally, the ETF's low expense ratio of 0.1% ensures that costs do not significantly impact returns, allowing investors to retain more of the fund's gains.


VOOG's success can also be attributed to its diversification and risk management strategies. The ETF owns 234 stocks, with its top five holdings making up around 45.8% of the portfolio. This diversification helps mitigate risk by spreading investments across various sectors and companies. Furthermore, VOOG's focus on growth stocks, which tend to outperform in bullish markets, has contributed to its impressive performance.

While VOOG has been the best-performing Vanguard ETF of 2024 so far, it is essential to remember that past performance is not indicative of future results. Investors should consider their risk tolerance, investment goals, and time horizon when selecting ETFs. Additionally, it is crucial to maintain a diversified portfolio to spread risk and maximize potential returns.

In conclusion, the Vanguard S&P 500 Growth ETF (VOOG) has been the best-performing Vanguard ETF of 2024 so far, driven by its exposure to growth stocks, particularly in the technology sector, and the ongoing surge in demand for AI applications. VOOG's low expense ratio, diversification, and risk management strategies have further contributed to its success. As the year progresses, investors should continue to monitor the performance of VOOG and other Vanguard ETFs to make informed investment decisions.
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Thomas
11/07

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zaneguers
11/07
$NVDA This doesn’t make sense to me. If you're considering buying in, go ahead. I'm holding off for now. If you do decide to chase, set a stop-loss, because this stock is likely to drop quickly once it reaches the top.
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Puzzleheaded-Mood544
11/07
$META stock is about to surge by $600. Get ready!
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FiscalSentry
11/07
$MSFT just made a $420 commitment for 1DTE and is eyeing a $425 cashout today. 🤑
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Anteater_Able
11/07
$META
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applesandpearss
11/07
$AAPL dividends and buybacks
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paperboiko
11/07
$META A $600 windfall is on the way!
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xX_codgod420_Xx
11/07
$AAPL rising after the initial 5 mins challenge: highly unlikely
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Interesting_Award_86
11/07
$NVDA Just hit a new all-time high at $147+
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howtospellsisyphus
11/07
$AAPL
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acg7
11/07
$META lets loose
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Oleksandr_G
11/07
$AMZN It's great to see many of the bears stop posting. I don't like it when people aggressively push their theories, and they don't take responsibility for being wrong. Keep an eye on the people you follow. Best wishes to everyone for a great day! LFG to $230!
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