Meet the Magnificent Vanguard ETF With 37.6% of Its Portfolio Invested in Nvidia, Apple, and Microsoft

This chart features all eight American technology stocks with valuations of $1 trillion or more, and their respective returns in 2024 so far. Their average return for the year works out to around 67%. By comparison, the S&P 500 is up by just 26%. Here's why that's important. Those eight tech giants have a combined weighting of 35.9% in the S&P 500, meaning investors who don't own them are almost certainly underperforming the index. Since themes like artificial intelligence (AI) will likely continue driving ...