Key Facts on the Vanguard Russell 1000 Growth ETF (VONG)
The Vanguard Russell 1000 Growth ETF (NASDAQ: VONG), which launched in September 2010, has produced an average annual return of 16.5%, significantly higher than the stock market’s average of 9-10%. This ETF holds 391 large U.S. companies, predominantly in the technology sector, which comprises 59.7% of its portfolio. The fund charges a low expense ratio of 0.06%, making it accessible for long-term investors.
If an investor contributes $500 per month into VONG, they could accumulate approximately $323,000 after 15 years and exceed $1 million after 22 years, assuming consistent annual returns of 16.5%. The top five holdings include Nvidia (12.7%), Apple (10.8%), Microsoft (9.2%), Amazon (4.8%), and Broadcom (4.6%).
