5 Best Large-Cap Growth ETFs

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1. Technology Select Sector SPDR Fund (NYSEARCA:XLK)

5-Year Price Performance: 129.8%

Total Net Assets as of September 18, 2023: $50.94 billion

Expense Ratio: 0.10%

Number of Holdings: 65

Technology Select Sector SPDR Fund (NYSEARCA:XLK) tracks the Technology Select Sector Index, which includes IT companies in the S&P 500 across various technology-related segments, including hardware, equipment, software, and semiconductors.

As of September 2023, the ETF’s biggest holdings include Apple Inc. (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), NVIDIA Corporation (NASDAQ:NVDA), Broadcom Inc. (NASDAQ:AVGO) and Adobe Inc. (NASDAQ:ADBE). The ETF has numerous similarities to the Vanguard Information Technology Index Fund (NYSEARCA:VGT) and attracts investors looking to go overweight on high-growth and large-cap growth stocks, driven by the increasing IT spending trends.

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