Why MGK ETF Is the Smart Play for AI-Driven Growth Investors
The Vanguard Mega Cap Growth ETF (MGK) has emerged as a top choice for investors eager to capitalize on the artificial intelligence boom. The fund, tracking leading megacap growth stocks, has delivered robust returns over the past decade. With AI stocks recently retreating, some analysts now view MGK as an appealing entry point for long-term investors.
MGK tracks the CRSP US Mega Cap Growth Index, a benchmark comprising the largest growth companies in the US. The index is reviewed quarterly, keeping turnover low while maintaining exposure to high-performing stocks. Over the past 10 years, the ETF has averaged annual returns of 18.3%, rising to 19.3% over five years and 33.2% over the last three.
MGK remains one of the strongest ways to gain broad exposure to AI-driven megacap growth stocks. The ETF's concentrated portfolio and historical performance have made it a resilient choice in volatile markets. For investors seeking long-term growth, its current valuation may present a timely opportunity.
