Want to Invest in Top Growth Stocks Like Amazon, Apple, and Microsoft but Avoid Nvidia? Consider This Low-Cost Vanguard ETF That’s Up 24.8% This Year.

详细摘要

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Investors who want to avoid Nvidia (NASDAQ:NVDA) but put capital to work in growth-focused, exchange-traded funds (ETFs) face a difficult challenge. Nvidia is an integral part of index funds and exchange-traded funds (ETFs) -- as the second-largest S&P 500 (SNPINDEX:^GSPC) and Nasdaq Composite (NASDAQINDEX:^IXIC) holding behind Apple (NASDAQ:AAPL). Nvidia also joined the Dow Jones Industrial Average (DJINDICES:^DJI) in 2024. And Nvidia carries an especially high weighting in many growth ETFs and tech sector ETFs.

However, there is a unique low-cost Vanguard ETF that doesn't own Nvidia yet still holds Amazon (NASDAQ:AMZN), Apple, and Microsoft (NASDAQ:MSFT) as its top three holdings.

Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »

The Vanguard Russell 1000 Value ETF (NASDAQ:VONV) is a modern take on value stocks. While the Vanguard Growth ETF, Vanguard S&P 500 Growth ETF, and Vanguard Mega Cap Growth ETF label most major tech-focused companies as growth stocks, the Vanguard Russell 1000 Value ETF takes a nuanced approach.

The Russell 1000 is the 1,000 largest U.S. listed companies by market cap. It includes smaller large-cap and mid-cap stocks, whereas the S&P 500 just has large-cap stocks.

FTSE Russell, a subsidiary of the London Stock Exchange Group, has a semi-annual reconstitution whereby it roughly splits the market cap weighting of the Russell 1000 into two indexes -- the Russell 1000 Value Index (which the Vanguard Russell 1000 Value ETF tracks) and the Russell 1000 Growth Index -- which is mirrored by the Vanguard Russell 1000 Growth ETF. If FTSE Russell categorized all tech-focused companies as growth stocks, then the growth index would have a far higher market cap than the value index.

As a result, the Russell 1000 Value ETF's three largest…

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