1 Unstoppable Vanguard ETF to Buy During the S&P 500 Bull Market

Core Insights - The Vanguard S&P 500 ETF has returned 96.8% since the current bull market began on October 12, 2022, highlighting the effectiveness of a basic investment approach [1] - The "Magnificent Seven" stocks have significantly contributed to the performance of the Vanguard S&P 500 ETF, accounting for 63% of its upside in 2023, down from 53.7% the previous year [2] - The Vanguard Mega Cap Growth ETF is positioned as a strong investment option, benefiting from the ongoing performance of the "Magnificent Seven" stocks [3] ETF Performance and Composition - The Vanguard Mega Cap Growth ETF has been utilizing a mega-cap growth strategy for nearly 18 years, reflecting the rising popularity of the "Magnificent Seven" stocks [4] - The top three holdings in the Mega Cap Growth ETF—Nvidia, Microsoft, and Apple—make up 38% of the fund, indicating its heavy reliance on these leading tech stocks [6] - At the end of Q3, the technology sector, including communication services, represented 68.40% of the Mega Cap Growth ETF's portfolio, aligning it with the stocks driving the current bull market [7] Market Outlook - Despite potential shifts in sector leadership, the current bull market has shown little indication of growth or tech losing their investment appeal, positioning the Vanguard fund as a leader among ETFs [8] - The Vanguard Mega Cap Growth ETF offers a straightforward investment approach, holding 66 mega-cap stocks and weighting them by market cap, which leverages market wisdom [10] - The ETF's low expense ratio of 0.07% makes it an attractive option for investors looking to invest in a basket of growth stocks [11]