Vanguard Information Technology ETF Surges 790% Over Decade
The Vanguard Information Technology ETF (NYSEMKT: VGT) has experienced a remarkable 790% increase over the past ten years, with a $1,000 investment growing to approximately $8,900 as of Monday. Including dividends, total gains rise to 874%, translating to over $9,740 for the same initial investment.
VGT consists of 323 stocks within the information technology sector, with top holdings like Nvidia, Apple, and Microsoft making up nearly 42% of the ETF’s portfolio. This significant appreciation in value can largely be attributed to the recent AI boom. Notably, VGT outperformed other prominent ETFs, such as the Invesco QQQ Trust ETF, despite excluding major companies often classified as tech, like Amazon and Alphabet, due to their revenue classifications.
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