Overview
Description
The Vanguard Mid-Cap Growth ETF is an exchange-traded fund that focuses on providing investors with exposure to mid-cap companies exhibiting growth characteristics. These companies generally have market capitalizations ranging from $2 billion to $10 billion, making them larger than small-cap stocks but smaller than large-cap stocks. The primary purpose of this ETF is to capture the growth potential of medium-sized companies that are still expanding, offering a balance between stability and the dynamic potential for higher returns compared to larger, more established firms. The fund impacts a variety of sectors, with significant allocations typically in technology, healthcare, and consumer discretionary industries, reflecting the innovative and expansion-driven nature of its underlying equity holdings. In the broader financial market, the Vanguard Mid-Cap Growth ETF serves as a vehicle for investors seeking diversification and growth within the mid-cap space, playing a crucial role in balancing risk and reward within diversified portfolios. It aligns with the long-term investment strategy of harnessing growth trajectories through well-researched equity selection, thus maintaining its significance in the landscape of equity exchange-traded funds.
About
CEO
Employees
0
Address
—
Phone
800-523-1036
Website
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Instrument type
Common stock
Sector
Industry
Country
United Kingdom
MIC code
XLON