ETF Research and Analysis

by Alex Bryan, CFA
Vanguard Mega Cap Growth ETF MGK sacrifices some diversification by focusing on only the largest growth stocks, but it is still fairly well-diversified among established firms with enviable businesses. This well-crafted   Read more 

Bull Case

This is one of the cheapest growth funds available.
Profitable, wide-moat companies anchor the portfolio.
Mega-cap growth stocks tend to be less volatile than their smaller counterparts. Read more 

Bear Case

The fund’s focus on mega-cap stocks results in a more concentrated portfolio than a broader large-growth index alternative.
The fund does not impose a valuation discipline in its stock selection approach. If its holdings fall short of the high growth expectations embedded in their valuations, they may underperform.
Smaller growth stocks offer greater growth potential.  Read more 

Do thematic ETFs belong in your portfolio? 
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