We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
For investors seeking momentum, Vanguard Growth ETF (VUG - Free Report) is probably on the radar. The fund just hit a 52-week high and is up 51.51% from its 52-week low price of $260.65/share.
But are more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook on it to get a better idea of where it might be headed:
VUG in Focus
The underlying CRSP US Large Cap Growth Index measures the performance of the large-capitalization growth sector. The ETF has a major tilt toward the information technology sector, with a share of 57.76% of the assets, followed by consumer discretionary (18.40%) and industrials (8.51%). The product charges 4 bps in annual fees (See: All Large Cap Growth ETFs).
Why the Move?
The growth segment of the broader market, which tends to outperform during an uptrend, is becoming an attractive investment option, given the robust rally in the U.S. stock market.
The rally in the market — fueled by increasing interest rate cut expectations, moderating inflation levels and AI developments— led to strong returns in the segment.
More Gains Ahead?
Currently, VUG has a Zacks ETF Rank #2 (Buy) with a Medium risk outlook. However, it might continue its strong performance in the near term, with a positive weighted alpha of 44 (as per Barchart.com), which gives cues of a further rally.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Growth ETF (VUG) Hits New 52-Week High
For investors seeking momentum, Vanguard Growth ETF (VUG - Free Report) is probably on the radar. The fund just hit a 52-week high and is up 51.51% from its 52-week low price of $260.65/share.
But are more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook on it to get a better idea of where it might be headed:
VUG in Focus
The underlying CRSP US Large Cap Growth Index measures the performance of the large-capitalization growth sector. The ETF has a major tilt toward the information technology sector, with a share of 57.76% of the assets, followed by consumer discretionary (18.40%) and industrials (8.51%). The product charges 4 bps in annual fees (See: All Large Cap Growth ETFs).
Why the Move?
The growth segment of the broader market, which tends to outperform during an uptrend, is becoming an attractive investment option, given the robust rally in the U.S. stock market.
The rally in the market — fueled by increasing interest rate cut expectations, moderating inflation levels and AI developments— led to strong returns in the segment.
More Gains Ahead?
Currently, VUG has a Zacks ETF Rank #2 (Buy) with a Medium risk outlook. However, it might continue its strong performance in the near term, with a positive weighted alpha of 44 (as per Barchart.com), which gives cues of a further rally.