This Vanguard ETF Just Hit an All-Time High as It Continues to Outperform the S&P 500 and the Nasdaq Composite Over the Last 3 Years
Over the past three years, the S 500 has produced a total return (capital gains and dividends) of 32.4%, beating the Nasdaq Composite's 26.8% total return. Still, both indices have done well during this time period, especially considering that 2022 was the worst calendar year in the stock market since 2008.
Despite a widespread sell-off of growth stocks in 2022, Vanguard's tech sector exchange-traded fund (ETF) has produced a total return of just over 50% in the last three years and 187.6% over the last five years. The Vanguard Information Technology ETF (NYSEMKT: VGT) includes top stocks like , Apple, and Nvidia. And with a mere 0.10% expense ratio, or $10 in annual fees for every $10,000 invested, it's an ultra-low-cost way to invest in the sector.
Here's a breakdown of the fund and why it may be worth buying now.
Source Fool.com