When Will the Ultra-Low-Cost Vanguard Growth ETF Return to Its Previous Highs?
Over the past decade-plus, growth stocks have been largely responsible for leading the major U.S. stock market indexes to new heights. Growth-driven exchange-traded funds (ETFs) -- like the Vanguard Growth ETF (NYSEMKT: VUG) -- have significantly outperformed the S&P 500. With just a 0.04% expense ratio, the Vanguard Growth ETF is a great way to achieve exposure without racking up high fees.The Vanguard Growth ETF made an all-time high in December and nearly broke through to a new high in February. But a lot has changed in less than two months. Now, the Vanguard Growth ETF is down a staggering 22% from its all-time high -- which is worse than the S&P 500's 17% drawdown.Here's what it would take for the ETF to recover and whether the fund is worth buying now.Continue reading
Over the past decade-plus, growth stocks have been largely responsible for leading the major U.S. stock market indexes to new heights. Growth-driven exchange-traded funds (ETFs) -- like the Vanguard Growth ETF (NYSEMKT: VUG) -- have significantly outperformed the S&P 500. With just a 0.04% expense ratio, the Vanguard Growth ETF is a great way to achieve exposure without racking up high fees.
The Vanguard Growth ETF made an all-time high in December and nearly broke through to a new high in February. But a lot has changed in less than two months. Now, the Vanguard Growth ETF is down a staggering 22% from its all-time high -- which is worse than the S&P 500's 17% drawdown.
Here's what it would take for the ETF to recover and whether the fund is worth buying now.
