5 Best Growth ETFs to Buy

2. Vanguard Mega Cap Growth Index Fund (NYSE:MGK)

5 Yr. Annualized Return: 14.10%

The Vanguard Mega Cap Growth Index Fund (NYSE:MGK) is a Vanguard ETF that was set up in 2008. It invests in only the top of the top stocks, namely mega cap giants with a market capitalization that is generally greater than $200 billion. The fund tracks the CRSP US Mega Cap Growth Index and it has $14.4 billion in net assets. There are 96 stocks in Vanguard Mega Cap Growth Index Fund (NYSE:MGK)’s portfolio, and its P/E ratio is 36.1. All the stocks it has invested in are U.S. stocks and the dominant sector is technology which accounts for more than half of the holdings.