Key Facts on Vanguard Information Technology ETF
The Vanguard Information Technology ETF (NYSEMKT: VGT) has achieved a year-to-date return of 12.1% as of September 1, 2023, surpassing the S&P 500‘s 9.8% return. This ETF provides exposure to a diverse portfolio of 317 tech stocks, with a notably low expense ratio of 0.09%.
Major holdings in the fund include Nvidia (18.2%), Microsoft (15.4%), and Apple (12.7%), together accounting for nearly half of the ETF’s total assets. The fund is noted for its effective representation of key players in the AI sector and has averaged a 22.4% annual return over the last decade.
Investors benefit from automated rebalancing, allowing them to gain exposure to emerging AI leaders without needing to make frequent trades. As the technology sector continues to dominate investment performance, the Vanguard Information Technology ETF remains a strategic choice for those focused on AI-related growth.
