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This Vanguard ETF Is Up 27% This Year: Is It Still a Buy for Long-Term Investors?

The Vanguard Information Technology Index Fund ETF should continue to outpace the S&P 500.

The Vanguard Information Technology Index Fund ETF (VGT) has delivered a remarkable 27% return this year, outperforming the S&P 500. This impressive performance can be attributed to the fund's heavy concentration in chipmakers, with Nvidia (NVDA) accounting for 17% of its assets and the top four holdings together making up 11%. While many investors may have missed out on the rally when stocks or ETFs gain momentum, VGT's strong year-to-date performance suggests there may be more to the story than initially apparent.

Brief written by urgent.news from Motley Fool's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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