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Performance and Investment Outlook for Vanguard Information Technology ETF

The Motley Fool +1 ·

VGT
VGT Vanguard Information Technology ETF
$127.98 +0.57%
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  1. 1Investing $1,000 in the Vanguard Information Technology ETF with an average annual growth of 35% for 20 years would result in a value exceeding $400,000.
  2. 2The assets under management (AUM) for the Vanguard Information Technology ETF is $170 billion.
  3. 3The fund is filled with growth stocks and may drop sharply during market corrections, but it could be effective for long-term investors.

So what's the key point?

Investing $1,000 in the Vanguard Information Technology ETF and growing it by 35% every year for 20 years results in a large sum of money. Prices may fall significantly when the market is volatile, but it is good for long-term investing.

Source The Motley Fool +1 · View original ↗

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