Meet the Low-Cost Vanguard ETF That Has 20% of Its Holdings in Nvidia, Broadcom, and AMD

Core Insights - Megacap technology stocks are becoming increasingly expensive, particularly following recent price movements in Nvidia and AMD [1] - Investing in megacaps through an ETF, such as the Vanguard Mega Cap Growth ETF, is a viable strategy for exposure to large growth stocks [2] Fund Overview - The Vanguard Mega Cap Growth ETF tracks the CRSP U.S. Mega Cap Growth Index, consisting of 69 stocks, with a low expense ratio of 0.07% [3][4] - The fund's largest holdings include Nvidia (14%), Microsoft (13.1%), and Apple (12%), with significant allocations to AI chip stocks [5][6] Investment Strategy - The concentration of Nvidia, Broadcom, and AMD in the fund accounts for approximately 20% of its total assets, suggesting a focused investment in high-growth technology sectors [6] - Given the stretched valuations of these stocks, a gradual investment approach may be advisable [6]