에 대한 최신 뉴스 Vanguard Mega Cap Growth ETF (ARCA:MGK)

Vanguard Mega Cap Growth ETF

Technology

Consumer Cyclical

Healthcare

Financial Services

Basic Materials

Communication Services

Industrials

Real Estate

Consumer Defensive

Energy

The fund employs an indexing investment approach designed to track the performance of the index. The index is a float-adjusted, market-capitalization-weighted index designed to measure equity market performance of mega-capitalization growth stocks in the United States. The Advisor attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund is non-diversified.

Microsoft Corp

Apple Inc

Nvidia Corp.

Amazon.Com Inc

Meta Platforms, Inc.

Alphabet Inc

Eli Lilly Corp

Alphabet, Inc.- Cl C

Tesla, Inc.

Visa Inc

Sector ETFs

Tech

ETFs

AAPL

AMZN

FNGS

GOOG

GOOGL

MAGS

MSFT

NVDA

TSLA

4분기 실적 시즌이 한창 진행 중이며, 모두의 시선이 인공지능(AI) 붐과 이 분야에서의 지배력 덕분에 시장의 주목을 받고 있는 기술 대기업들인 매그니피센트 7에 집중되고 있다.

매그니피센트 7의 실적 전망 요약: 이들의 실적에 영향 받는 3개의 ETF

Equities

Large Cap

Broad U.S. Equity ETFs

New ETFs

Markets

IUSG

SCHG

SPYG

VONG

탄탄한 수익 성장, 높은 가치 평가, 강력한 혁신 잠재력을 특징으로 하는 성장 주식에 초점을 맞춘 상장지수펀드(ETF)는 6월에 자금 유입이 증가했다. 성장연계 펀드에 대한 관심의 급증은 기술 부문에 대한 투자자의 신뢰 증가와 인공 지능과 같은 파괴적인 혁신을 반영하여 가치주에 비해 성장주의 상당한 성과와 일치했다.

기술, AI로 성장 ETF로 6월 122억 달러 유입, 가치 ETF 대비 기록적인 성과 달성

The fourth-quarter earnings season is in full swing, and <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/43054693/magnificent-7-earnings-hinge-on-ai-payoff-analyst-flags-top-risks">all eyes are on the Magnificent 7,</a> a group of tech giants that enjoy the market&#8217;s attention, thanks in part to the ongoing artificial intelligence boom and their dominance in this space.
These stocks are Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), NVIDIA Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>). <a href="https://www.benzinga.com/etfs">ETFs that focus</a> heavily on these stocks have also become attractive options for investors seeking diversified exposure ahead of their earnings results.
If you're looking to ride the earnings wave, here are three ETFs worth considering:
The Roundhill Magnificent Seven ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAGS#NASDAQ">MAGS</a>) was the first ETF offering equal-weight exposure to these seven stocks. It has an expense ratio of 0.29% and an AUM of $639.75 million. The ETF has grown 61% in the last year.
For a slightly broader yet targeted approach, the MicroSectors FANG+ ETN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNGS#NYSE">FNGS</a>) could be a good choice. The fund tracks the NYSE FANG+ Index and maintains a 10% share in each of the seven stocks. The expense ratio is 0.58%.
Meanwhile, the Vanguard Mega Cap Growth ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGK#NYSE">MGK</a>) allocates around 59% of its assets to the Magnificent 7. The ETF has $21.60 billion in AUM and an expense ratio of 0.06%, making this a pocket-friendly option.
<h1 class="wp-block-heading">What's Next For The Magnificent 7?</h1>
As the earnings season progresses, the Magnificent 7 stocks are expected to report earnings growth of 18% in 2025, marking a slowdown, according to a December 2024 report by Bloomberg. 
Tesla, Microsoft and Meta Platforms will kick off earnings with reports scheduled after market close on Wednesday. Apple follows Thursday, while Alphabet and Amazon are set to announce results on Feb. 4 and Feb. 6, respectively. Nvidia is likely to release its earnings later in February.
<a href="https://www.benzinga.com/25/01/43232316/deepseek-jitters-shatter-us-tech-stocks-wipe-out-12-trillion-on-wall-street-analyst-eyes-four-chinese-giants-set-" target="_blank" rel="noreferrer noopener">Hangzhou, China-based AI startup</a> DeepSeek launched a new AI model that poses a challenge to U.S. competitors, including Nvidia&#8217;s core business. Industry experts like venture capitalist Marc Andreessen called this moment a "Sputnik moment" for U.S. AI companies as this could be a ground-breaker in the AI space, reported Reuters.
Nvidia shares rebounded Tuesday after analysts called the&nbsp;market&#8217;s reaction an &#8220;overreaction.&#8221; Analysts believe advancements like these could drive even more investment in AI, which can be beneficial for companies including Nvidia. Moreover, Nvidia has already said that DeepSeek's inference requires &#8220;significant numbers of Nvidia GPUs and high-performance networking."
See Also: <a href="https://www.benzinga.com/economics/macro-economic-events/25/01/43283732/tech-rebounds-after-black-monday-nvidia-rallies-6-gm-plummets-whats-driving-marke">Tech Rebounds After Black Monday, Nvidia Rallies 6%, GM Plummets: What&#8217;s Driving Markets Tuesday?</a>
Tesla has faced mixed fortunes recently. The EV maker reclaimed its trillion-dollar market cap thanks to a favorable policy environment. Yet it hit a roadblock with its fourth-quarter delivery numbers. The company missed estimates and reported its first-ever year-over-year decline in full-year vehicle deliveries. 
Adding to the challenges, recent rollbacks of pro-EV policies weighed on Tesla's stock, which fell 2.5% year-to-date. Despite these shortfalls, Tesla's leadership in EV scale and technology gives it an edge, particularly in markets where tariffs might restrict cheaper imports from Chinese competitors.
Microsoft continues to shine as a key AI forerunner with substantial investments in data centers and AI development. The company expects $10 billion in AI-related revenues next quarter.
Meta looks promising, with analysts raising their price targets ahead of its earnings release. Wedbush and BofA Global Securities now peg Meta's stock at $700 and $710, respectively. The social media company expects to generate revenues of $45-$48 billion in the fourth quarter but also anticipates increased spending on AI and infrastructure projects. This might shrink the margins.
Despite rolling out new AI-driven applications late last year, Apple has struggled to gain momentum, particularly in international markets. Its latest iPhone 16 has seen muted sales. Jefferies recently downgraded Apple to Underperform. Looking ahead, Apple expects low to mid-single-digit sales growth in its fiscal first quarter.
Alphabet is currently staring at antitrust lawsuits and increasing competition in the generative AI space. Analysts remain concerned about the long-term impact of AI on Alphabet's core search business.
Amazon continues to dominate e-commerce and cloud computing, while its AI business is growing rapidly. The company's fourth-quarter revenues are projected to land between $181.5 billion and $188.5 billion. Amazon's investments in AI infrastructure, including data centers and custom chips, position it well for sustained growth in this sector.
See Next: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/upgrades/25/01/43284333/nvidia-positioned-for-400-billion-ai-boom-with-advanced-gpus-new-product-launches-drivin">Nvidia Positioned For $400 Billion AI Boom With Advanced GPUs, New Product Launches Driving Revenue Growth, Say Analysts</a></li>
</ul>
Photo: Shutterstock.

Magnificent 7 Earnings Ahead: 3 ETFs To Ride The Wave

Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)&nbsp;supplier Foxconn Technology Group will begin manufacturing its AirPods wireless earphones in India in early 2025.
Foxconn will start assembling AirPods at a new factory near Hyderabad in Telangana state in the first quarter of 2025, Bloomberg <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-12-13/apple-to-begin-airpods-assembly-in-southern-india-by-early-2025?srnd=phx-technology&amp;sref=TBDibEcD" rel="noreferrer noopener">reports</a>.
The factory has started its trials of AirPods and will ramp up manufacturing after production begins.
Also Read: <a target="_blank" href="https://www.benzinga.com/24/12/42421148/aurora-innovation-set-to-lead-trucking-revolution-analyst-says" rel="noreferrer noopener">Aurora&#8217;s Self-Driving Trucks Poised for Growth, Analyst Forecasts Considerable Upside</a>
Driven by government subsidies, earphone devices became the second primary Apple product to be assembled in India after the iPhone.&nbsp;
The pandemic prompted U.S. companies to diversify their semiconductor supply chain beyond China, which faced disruption during the 2020 pandemic, triggering a crisis for semiconductor chips used in electronic gadgets and vehicles.
Donald Trump&#8217;s re-election in the U.S. could further amplify the shift away from China.
Reports indicated Apple weighing <a target="_blank" href="https://in.benzinga.com/content/39658652/apple-may-resume-plans-to-manufacture-ipads-and-airpod-cases-in-india-report" rel="noreferrer noopener">plans to manufacture</a>&nbsp;iPads and AirPod cases&nbsp;in India.
Apple has reportedly revealed its <a href="https://in.benzinga.com/news/24/11/41863192/apple-looks-beyond-iphones-launches-first-r-d-subsidiary-in-india" target="_blank" rel="noreferrer noopener">research and development</a> subsidiary debut in India, focused on developing new technologies and existing products. After successfully launching its first two stores in Delhi and Mumbai, the company eyed <a href="https://www.benzinga.com/news/24/10/41509413/apple-hires-400-new-workers-for-retail-stores-as-it-looks-to-ramp-up-india-presence" target="_blank" rel="noreferrer noopener">four new retail stores</a> in Bengaluru, Pune, Delhi-NCR and Mumbai. Apple&#8217;s two stores have generated ~INR800 crore ($94.3 million) in revenues in their first year, with 60% of sales coming from the smaller Delhi store.
Apple iPhone <a target="_blank" href="https://in.benzinga.com/news/24/10/41592667/apples-iphone-exports-from-india-reach-50-000-cr-report" rel="noreferrer noopener">exports reached $6 billion</a>, up by 33% in the six months ending September. Apple seems on track to breach its ~$10 billion export target for 2024.
Investors can gain exposure to Apple through Vanguard Mega Cap Growth ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGK#NYSE">MGK</a>) and iShares Russell Top 200 Growth ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWY#NYSE">IWY</a>).
Price Action: AAPL stock is up 0.37% at $248.88 premarket at last check Friday morning.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/24/12/42420972/c3ais-growth-boosted-by-microsoft-partnership-and-ai-expansion-drive-analysts-up-price-target" target="_blank" rel="noreferrer noopener">C3.ai&#8217;s Growth Boosted by Microsoft Partnership And AI Expansion Drive, Analysts Up Price Forecast</a></li>
</ul>

Government

News

Regulations

Retail Sales

Apple's AirPods Production Shifts To India: Foxconn Will Begin Manufacturing In 2025

Exchange-traded funds (ETFs) focused on growth equities &#8211; characterized by robust revenue growth, high valuations, and strong potential for innovation – experienced elevated <a href="https://www.benzinga.com/etfs">inflows in June.</a>
This surge in interest towards growth-linked funds coincided with a significant outperformance of growth over value stocks, reflecting increased investor confidence in the tech sector and disruptive innovations like artificial intelligence.
The eight largest growth-linked ETFs by assets under management (AUM) collectively experienced a substantial $12.2 billion in inflows from the beginning of the month through June 24.
Leading the pack, the Vanguard Growth ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VUG#NYSE">VUG</a>) saw the highest monthly inflows among its peers, attracting an impressive $5.68 billion. This remarkable figure is set to mark the Vanguard Growth ETF&#8217;s record monthly inflows, ranking second in June only to the nearly $10 billion attracted by the broader iShares Core S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVV#NYSE">IVV</a>). 
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Growth ETF</th>
<th>AUM</th>
<th>June Flows (as of June 24)</th>
</tr>
</thead>
<tbody>
<tr>
<td>Vanguard Growth ETF </td>
<td>$139.84B</td>
<td>$5.68B</td>
</tr>
<tr>
<td>IShares Russell 1000 Growth ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWF#NYSE">IWF</a>)</td>
<td>$97.00B</td>
<td>$0.03B</td>
</tr>
<tr>
<td>IShares S&amp;P 500 Growth ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVW#NYSE">IVW</a>)</td>
<td>$52.96B</td>
<td>$4.01B</td>
</tr>
<tr>
<td>Schwab U.S. Large-Cap Growth ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHG#NYSE">SCHG</a>)</td>
<td>$30.62B</td>
<td>$0.44B</td>
</tr>
<tr>
<td>SPDR Portfolio S&amp;P 500 Growth ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPYG#NYSE">SPYG</a>)</td>
<td>$29.40B</td>
<td>$0.47B</td>
</tr>
<tr>
<td>Vanguard Mega Cap Growth ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGK#NYSE">MGK</a>)</td>
<td>$22.39B</td>
<td>$1.08B</td>
</tr>
<tr>
<td>Vanguard Russell 1000 Growth ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VONG#NYSE">VONG</a>)</td>
<td>$20.81B</td>
<td>$0.08B</td>
</tr>
<tr>
<td>IShares Core S&amp;P U.S. Growth ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IUSG#NYSE">IUSG</a>)</td>
<td>$18.94B</td>
<td>$0.15B</td>
</tr>
<tr>
<td>Vanguard Small-Cap Growth ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VBK#NYSE">VBK</a>)</td>
<td>$17.25B</td>
<td>$0.26B</td>
</tr>
</tbody>
<tfoot>
<tr>
<td>Total</td>
<td></td>
<td>$12.2B</td>
</tr>
</tfoot>
</table>
<figcaption class="wp-element-caption">Source: TradingView</figcaption></figure>
<h3 class="wp-block-heading">Growth Stocks Surge To Record Highs Against Value</h3>
The Vanguard Growth ETF&#8217;s relative performance against its counterpart, the Vanguard Value ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTV#NYSE">VTV</a>), set new record highs in June, surpassing the previous peaks achieved in November 2021, as illustrated in the chart below, <a href="https://www.benzinga.com/pro/register0524b?utm_source=BZprocontent062524&amp;t=be2bearmibe3na1">sourced from Benzinga Pro.</a>
The primary drivers of the growth style&#8217;s outperformance in June were tech giants Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), which saw robust rallies of 15% and 8.8%, respectively. 
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/pro/register0524b?utm_source=BZprocontent062524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="1024" height="460" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/25160222/image-56-1024x460.png" alt="" class="wp-image-405212" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/25160222/image-56-1024x460.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/25160222/image-56-300x135.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/25160222/image-56-768x345.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/25160222/image-56-1536x690.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/25160222/image-56.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Read Next:
<ul>
<li> <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39440559/growth-stocks-leave-value-stocks-in-the-dust-4-reasons-for-biggest-monthly-lead-in-">Growth Stocks Leave Value Stocks In The Dust: 4 Reasons For Biggest Monthly Lead In Over A Year</a></li>
</ul>
Image generated using artificial intelligence via Midjourney.

Tech, AI Drive $12.2B Inflows Into Growth ETFs, Marking Record Outperformance Over Value

All eyes are on technology giant Apple (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>), which is set to release second-quarter fiscal 2024 results after market close on May 2. Since Apple accounts for nearly 7% of the total market capitalization of the entire technology sector on the S&amp;P 500 Index, it is worth taking a look at its fundamentals ahead of its quarterly results. 
Apple shares are down about 7.6% over the past three months, underperforming the industry&#39;s decline of 3.9%. The trend is expected to reverse, given that the tech giant has a reasonable chance to beat earnings estimates. It saw positive earnings estimate revision activity, which is generally a precursor to an earnings beat. 
This has put investors&#39; focus on ETFs having the largest allocation to the tech titan. Technology Select Sector SPDR Fund (ARCA:XLK), Vanguard Information Technology ETF (ARCA:VGT), MSCI Information Technology Index ETF (ARCA:FTEC), iShares US Technology ETF (ARCA:IYW) and Vanguard Mega Cap Growth ETF (ARCA:MGK) have Apple as the top or second firm with a double-digit allocation and sport a Zacks ETF Rank #1 (Strong Buy) or 2 (Buy).
<h3>Inside Our Methodology</h3>
Apple has an Earnings ESP of +0.93% and a Zacks Rank #3 (Hold). According to our methodology, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 increases the chances of an earnings beat. 
Apple saw a positive earnings estimate revision of a penny over the past 30 days for the fiscal second quarter. Analysts raising estimates right before earnings &mdash; with the most up-to-date information possible &mdash; is a good indicator for the stock. The Zacks Consensus Estimate indicates modest year-over-year decline of 0.7% for earnings and 5.1% for revenues. The company has a strong track record of positive earnings surprises. It delivered an average earnings surprise of 5.20% in the trailing four quarters. 
The stock has a top Growth Score of A. It currently has an average brokerage recommendation&nbsp;of 1.73 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 28 brokerage firms. The current ABR compares to an ABR of 1.80 a month ago based on 28 recommendations. Of the 28 recommendations deriving the current ABR, 17 are Strong Buy and three are Buy. Strong Buy and Buy, respectively, account for 60.71% and 10.71% of all recommendations. A month ago, Strong Buy made up 57.14%, while Buy represented 10.71%. 
Based on short-term price targets offered by 28 analysts, the average price target for Apple comes to $204.88. The forecasts range from a low of $158.00 to a high of $250.00.
<h3>What to Watch</h3>
On the last earnings call, the tech giant offered a cautious outlook for the ongoing quarter. Apple CFO Luca Maestri indicated that iPhone sales in the March quarter would be similar to last year&#39;s $51.33 billion in revenues. This excludes $5 billion in sales attributed to outperformance a year ago as supply recovered from COVID-19 shutdowns and caught up with demand.
<h3>Are Apple iPhone Sales a Concern?</h3>
Apple stock has been struggling with concerns about iPhone sales, particularly in China. Sales of its flagship product are facing significant headwinds in the crucial Chinese market due to rising competition from domestic smartphone makers as well as national security concerns. Additionally, consumers globally are holding their iPhone devices for longer before upgrading, further weighing on demand and sales growth. 
According to the preliminary data from research firm IDC, Apple lost its crown to South Korean rival Samsung as the world&#39;s biggest mobile phone seller after its shipments fell about 10% in the quarter ended March. Samsung retook the lead in the global market with a 20.8% share, beating Apple&#39;s 17.3% share, which has been dented by slowing sales in China. 
IDC revealed that Apple shipped 50.1 million iPhones in the quarter ended March, down from the 55.4 million units in the year-ago quarter. It was the biggest drop in iPhone sales since COVID-19 lockdowns caused global supply chain chaos in 2022. A separate new report from market research firm Counterpoint Research shows that Apple&#39;s iPhone sales dropped sharply by 19.1% year over year in the quarter ended March in China amid strong competition from domestic brand Huawei.
<h3>ETFs in Focus</h3>
Technology Select Sector SPDR Fund 
Technology Select Sector SPDR Fund targets the broad technology sector and follows the Technology Select Sector Index. It holds about 65 securities in its basket, with Apple making up 20.3% share. Technology Select Sector SPDR Fund has key holdings in software, semiconductors and semiconductor equipment, and technology hardware, storage and peripherals. 
Technology Select Sector SPDR Fund is the most popular and heavily traded ETF, with an AUM of $62.7 billion and an average daily volume of 7 million shares. The fund charges 9 bps in fees per year. 
Vanguard Information Technology ETF 
Vanguard Information Technology ETF manages $62.6 billion in its asset base and provides exposure to 313 technology stocks. It currently tracks the MSCI US Investable Market Information Technology 25/50 Index. Here, Apple accounts for a 15.4% share. Semiconductors, systems software, technology hardware storage &amp; peripheral, and application software are the top four sectors. 
Vanguard Information Technology ETF has an expense ratio of 0.10%, whereas volume is solid at nearly 433,000 shares. 
MSCI Information Technology Index ETF 
MSCI Information Technology Index ETF is home to 303 technology stocks with an AUM of $9.3 billion. It follows the MSCI USA IMI Information Technology Index. Apple accounts for a 15.4% share in the basket. 
MSCI Information Technology Index ETF has an expense ratio of 0.08%, while volume is solid at 246,000 shares a day. 
iShares US Technology ETF 
iShares Dow Jones US Technology ETF tracks the Russell 1000 Technology RIC 22.5/45 Capped Index, giving investors exposure to 131 U.S. electronics, computer software and hardware, and informational technology companies. Apple makes up 15.3% of the assets. 
iShares Dow Jones US Technology ETF has an AUM of $15.7 billion and charges 40 bps in fees and expenses. Volume is good as it exchanges 931,000 shares a day. 
Vanguard Mega Cap Growth ETF 
Vanguard Mega Cap Growth ETF offers diversified exposure to the largest growth stocks in the U.S. market. It tracks the CRSP US Mega Cap Growth Index and holds 79 securities in its basket, with Apple accounting for 11.9% of the total assets. 
Vanguard Mega Cap Growth ETF charges 7 bps in annual fees and trades in a good volume of around 303,000 shares a day on average. The fund has an AUM of $18.4 billion.
<a href="https://www.zacks.com/stock/news/2266312/will-apple-beat-on-q2-earnings-amid-iphone-slump-etfs-in-focus?cid=CS-BENZ-FT-etf_news_and_commentary-2266312">To read this article on Zacks.com click here.</a>

Earnings

Earnings Beats

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FTEC

iShares Dow Jones US Technology Sector Index Fund

Will Apple Beat on Q2 Earnings Amid iPhone Slump? ETFs in Focus

There&#39;s no shortage of commentary and concern regarding the size of the S&amp;P 500&#39;s top several names and their influence on the broader market.
Throw in Netflix (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nflx#NASDAQ">NFLX</a>) further down the list by market value and its clear the FAAMNG stocks are propping the domestic equity market up this year. Those names are Facebook (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fb#NASDAQ">FB</a>), Apple (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>), Amazon (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amzn#NASDAQ">AMZN</a>), Microsoft (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/msft#NASDAQ">MSFT</a>), Netflix and Google parent Alphabet (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goog#NASDAQ">GOOG</a>).
<h3>What To Know</h3>
Investors looking for broader exposure to the FAAMNG group can consider the Vanguard Mega Cap Growth ETF (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mgk#NYSE">MGK</a>), CFRA Research&#39;s focus ETF for <a href="https://www.benzinga.com/trading-ideas/long-ideas/20/05/15940978/4-sector-etfs-for-may-2-to-buy-2-to-avoid">the month of May.</a> The FAAMNG group accounts for six of MGK&#39;s top 10 holdings and that&#39;s good news because as <a href="https://www.cfraresearch.com/">CFRA Research </a>Director of ETF &amp; Mutual Fund Research Todd Rosenbluth points out, the research firm has Buy&nbsp;or Strong Buy&nbsp;ratings on nine of the Vanguard fund&#39;s top 10 holdings.
MGK&#39;s top 10 holdings combine for over 52% of the fund&#39;s roster.
&ldquo;While CFRA does not believe past performance is the sole reason to choose an ETF, we do consider short- and intermediate-term relative performance in our star ratings MGK was up 17% in the one-month period ended May 1 and up 11% in the past year,&rdquo; said Rosenbluth. &ldquo;This compares quite favorably to the S&amp;P 500 Index.&rdquo;
<h3>Why It&#39;s Important </h3>
As is the case with other growth ETFs, MGK is heavily allocated to the technology and consumer discretionary sectors. Those groups <a href="https://investor.vanguard.com/etf/profile/MGK">combine for 65%</a> of the fund&#39;s roster. Growth dominated value during the recently deceased bull market, but not much is changing on that front this year despite the March meltdown in equities.
Including Microsoft, CFRA is bullish on three of MGK&#39;s marquee components.
&ldquo;CFRA Equity Analyst John Freeman recently reiterated a Buy recommendation on MSFT and a 12-month target price of $197,&rdquo; said Rosenbluth. &ldquo;He viewed quarterly results as quite strong despite Covid-19&#39;s negative impact on discretionary spending and on the supply chain for Windows PCs and Surface products as MSFT warned in February. MSFT&#39;s quarterly revenue grew 15% and EPS rose by 23% in the past year and both beat consensus forecasts. Freeman.&rdquo;
<h3>What&#39;s Next </h3>
MGK is attractively priced at 0.07% per year, or $7 on a $10,000 investment. While the fund is trading slightly lower this year, Rosenbluth sees upside potential.
&ldquo;CFRA finds MGK to offer extremely high reward potential, as the fund earns a score of 99 out of 100, yet the fund is also relatively safe as evidenced by an above-average risk score of 67; in CFRA&#39;s scoring system, a higher risk score is better as it connotes lower risk,&rdquo; he said.

Analyst Color

Long Ideas

Analyst Ratings

NFLX

A Low-Cost, FAAMNG-Heavy ETF For May

One of the primary reasons investors have embraced exchange-traded funds over the years is lower fees relative to actively managed equivalents. ETF issuers continue rewarding that faith with a &ldquo;race to the bottom&rdquo; outlook on ETF expenses.
Predictably, Vanguard plays a big role in the trend of lower ETF fees, and after a recent spate of fee cuts from rival issuers, the Pennsylvania-based fund giant is again making its low fee presence felt.
On Thursday, Vanguard, the second-largest U.S. ETF issuer, announced fee reductions on 35 mutual fund classes, including 11 ETFs. But before we get to that good news, there is some bad news ... sort of.
<h3>Fee Raise</h3>
Vanguard slightly raised the annual expense ratio on the Vanguard Health Care ETF (NYSE: <a class="ticker" href="/stock/vht#NYSE">VHT</a>) to 0.1 percent from 0.09 percent. Fidelity, one of Vanguard&#39;s chief competitors, offers the ETF industry&#39;s<a href="http://www.benzinga.com/trading-ideas/long-ideas/16/10/8556957/fidelity-has-a-say-in-etf-fee-tussle"> least expensive lineup</a> of sector ETFs.
<h3>Fee Cuts</h3>
The 11 ETF fee cuts unveiled by Vanguard include a significant portion of the issuer&#39;s fixed income lineup. All of the following saw annual fees reduced to 0.07 percent from 0.1 percent:
<ul>
<li>Vanguard Extended Duration Treasury ETF (NYSE: <a class="ticker" href="/stock/edv#NYSE">EDV</a>).</li>
<li>Vanguard Intermediate-Term Bond ETF (NYSE: <a class="ticker" href="/stock/biv#NYSE">BIV</a>).</li>
<li> Vanguard Intmdte Tm Govt Bd ETF (NASDAQ: <a class="ticker" href="/stock/vgit#NASDAQ">VGIT</a>).</li>
<li>Vanguard Long Term Corporate Bond ETF (NASDAQ: <a class="ticker" href="/stock/vclt#NASDAQ">VCLT</a>).</li>
<li>Vanguard Lg Term Govt Bd ETF (NASDAQ: <a class="ticker" href="/stock/vglt#NASDAQ">VGLT</a>).</li>
<li>Vanguard Mortgage Bkd Sects ETF (NASDAQ: <a class="ticker" href="/stock/vmbs#NASDAQ">VMBS</a>).</li>
<lI>and the Vanguard Short Term Corporate Bond ETF (NASDAQ: <a class="ticker" href="/stock/vcsh#NASDAQ">VCSH</a>).</li>
</ul>
Three of Vanguard&#39;s mega-cap equity ETFs now sport annual expense ratios <a href="https://pressroom.vanguard.com/nonindexed/Fact-sheet-first-wave-expense-ratio-changes-122216.pdf">of 0.07 percent</a>, down from 0.09 percent. Those ETFs are the Vanguard Mega Cap ETF (NYSE: <a class="ticker" href="/stock/mgc#NYSE">MGC</a>), Vanguard Mega Cap 300 Growth Index ETF (NYSE: <a class="ticker" href="/stock/mgk#NYSE">MGK</a>) and the Vanguard Mega Cap Value Index ETF (NYSE: <a class="ticker" href="/stock/mgv#NYSE">MGV</a>).
<h3>Fee Wars</h3>
&ldquo;In 2004, when Vanguard managed $6 billion in ETF assets, the average expense ratio for Vanguard&rsquo;s ETFs was 0.22 percent. Today, Vanguard manages $593 billion in U.S. ETF assets. The average expense ratio of the firm&rsquo;s ETFs is 0.12 percent, or less than one-third that of the 0.53 percent industry average,&rdquo; said Vanguard<a href="https://pressroom.vanguard.com/news/Press-release-VG-announces-first-wave-expense-ratio-changes-12-22-16.html"> in a statement</a>.
Vanguard&#39;s latest fee cuts answer <a href="https://www.benzinga.com/trading-ideas/long-ideas/16/12/8824318/blackrock-fee-cuts-extend-into-smart-beta-realm">two such moves </a>this year, including one this month, by rival BlackRock, Inc. (NYSE: <a class="ticker" href="/stock/blk#NYSE">BLK</a>) and one fee reduction announcement by Charles Schwab Corp (NYSE: <a class="ticker" href="/stock/schw#NYSE">SCHW</a>).

Bonds

Specialty ETFs

SCHW

VCLT

VCSH

VGIT

VGLT

VMBS

Vanguard Has Its Say In ETF Fee War

One of the primary reasons advisors and investor love Vanguard exchange traded funds are the low fees. Pennsylvania-based Vanguard, the third-largest U.S. ETF issuer, has some of the lowest fees in the ETF business, and the company has consistently shown during its time in the ETF industry that as its funds swell in size, it will pare annual expense ratios.

	&nbsp;

	Forgive the Christmas comparison, but Santa arrived a few days early for Vanguard investors this year as the company said Tuesday it is lowering fees on 21 of its ETFs. That includes Vanguard&#39;s group of 10 sector ETFs. With the new, lower fees, Vanguard undercuts rival Fidelity as having the least expensive sector ETFs on the market today.

	&nbsp;

	Previously, Vanguard sector ETFs charged 0.12 percent a year, or $12 per $10,000 on its sector ETFs. Now, the Vanguard Health Care ETF (NYSE: <a class="ticker" href="/stock/vht#NYSE">VHT</a>) sports an annual fee of just 0.09 percent while other popular Vanguard sector offerings, such as the Vanguard Information Technology ETF (NYSE: <a class="ticker" href="/stock/vgt#NYSE">VGT</a>) and the Vanguard Consumer Staples ETF (NYSE: <a class="ticker" href="/stock/vdc#NYSE">VDC</a>), will charge 0.1 percent per year. VGT is known for having <a href="http://www.benzinga.com/trading-ideas/long-ideas/15/10/5941514/with-one-exception-apple-etfs-calm-ahead-of-earnings">one of the largest weights</a> to Apple Inc. (NASDAQ: <a class="ticker" href="/stock/aapl#NASDAQ">AAPL</a>) among all ETFs.&nbsp;

	&nbsp;

	&ldquo;Vanguard continues to set the standard as the industry&rsquo;s low-cost leader, reducing costs not just on a subset of products, but across our funds and ETFs,&rdquo; said Vanguard CEO Bill McNabb <a href="https://pressroom.vanguard.com/content/press_release/Press_Release_Vanguard_Reports_Lower_Expense_Ratios_53_Funds_ETFs_122215.html">in a statement</a>. &ldquo;We have a track record of nearly 40 years of lowering the cost of investing for our clients and we have every intention of continuing to lower the cost of investing.&rdquo;&nbsp;

	&nbsp;

	Eight fixed income ETFs issued by Vanguard also saw annual fees reduced by 17 percent to 0.1 percent from 0.12 percent. The group includes the Vanguard Long-Term Corporate Bond ETF (NASDAQ: <a class="ticker" href="/stock/vclt#NASDAQ">VCLT</a>), Vanguard Long-Term Government Bond ETF (NASDAQ: <a class="ticker" href="/stock/vglt#NASDAQ">VGLT</a>), Vanguard Mortgage-Backed Securities Index ETF (NASDAQ: <a class="ticker" href="/stock/vmbs#NASDAQ">VMBS</a>) and the Vanguard Intermediate-Term Bond ETF (NYSE: <a class="ticker" href="/stock/biv#NYSE">BIV</a>).

	&nbsp;

	Vanguard also announced lower fees on its mega-cap style ETFs. The Vanguard Mega Cap ETF (NYSE: <a class="ticker" href="/stock/mgc#NYSE">MGC</a>) and the Vanguard Mega Cap Value ETF (NYSE: <a class="ticker" href="/stock/mgv#NYSE">MGV</a>) now charge 0.06 percent per year, down from 0.08 percent, while the Vanguard Mega Cap Growth ETF (NYSE: <a class="ticker" href="/stock/mgk#NYSE">MGK</a>) is charging 0.08 percent, down from 0.1 percent.

Intraday Update

Vanguard Is At It Again; Lowers Fees On 21 ETFs

<div class="entry-content">

		The large-cap growth style ranks the best out of the twelve fund styles as detailed in my <a href="http://blog.newconstructs.com/2012/07/16/roadmap-to-the-best-worst-etf-mutual-fund-styles/">style roadmap</a>. It gets my Neutral rating, which is based on aggregation of ratings of 26 ETFs and 724 mutual funds in the large-cap growth style as of July 16, 2012. Reports on the best &amp; worst ETFs and mutual funds in every sector and style are <a href="http://www.newconstructs.com/nc/research/report/etf-and-fund-reports.htm">here</a>.

		Figures 1 and 2 show the five best and worst-rated ETFs and mutual funds in the style. Not all large-cap growth style ETFs and mutual funds are created the same. The number of holdings varies widely (from 12 &nbsp;to 589), which creates drastically different investment implications and ratings. The best ETFs and mutual funds allocate more value to Attractive-or-better-rated stocks than the worst, which allocate too much value to Neutral-or-worse-rated stocks.

		To <a href="http://blog.newconstructs.com/2012/04/03/how-to-find-the-best-etfs/">identify the best</a> and <a href="http://blog.newconstructs.com/2012/04/05/how-to-avoid-the-worst-etfs/">avoid the worst</a> ETFs and mutual funds within the large-cap growth style, investors need a <a href="http://blog.newconstructs.com/2011/11/23/predictive-fund-rating-methodology/">predictive rating</a> based on (1) <a href="http://blog.newconstructs.com/2011/11/22/portfolio-management-rating-methodology/">stocks ratings</a> of the holdings and (2) the <a href="http://blog.newconstructs.com/2011/10/28/total-annual-costs-methodology/">all-in expenses</a> of each ETF and mutual fund. Investors need not rely on backward-looking ratings. My fund rating methodology is detailed <a href="http://blog.newconstructs.com/2011/11/23/predictive-fund-rating-methodology/">here</a>.

		Investors seeking exposure to the large-cap growth style should buy one of the Attractive-or-better rated ETFs or mutual funds from Figures 1 and 2.

		See ratings and reports on all ETFs and mutual funds in this style on my free <a href="http://www.newconstructs.com/nc/fundscreener/fund-screener.htm?task=ACTION_CATEGORY_TYPE_SEARCH&amp;selectedTypes=0,1&amp;selectedCategoryIds=5d8f358c114e11e1a32f00188b533b34">mutual fund and ETF screener</a>.
<div>

			Figure 1: ETFs with the Best &amp; Worst Ratings &ndash; Top 5
</div>

		<a href="http://blog.newconstructs.com/wp-content/uploads/2012/07/LargeCapGrowth1.jpg"><img alt="" class="aligncenter size-full wp-image-4276" height="235" src="http://blog.newconstructs.com/wp-content/uploads/2012/07/LargeCapGrowth1.jpg" title="LargeCapGrowth1" width="329" /></a>

		* Best ETFs exclude ETFs with less NAV&rsquo;s less than 100 million.
<div>

			Sources: New Constructs, LLC and company filings
</div>

		Vanguard S&amp;P 500 Growth ETF (NYSE: VOOG) is excluded from Figure 1 because its total net assets (TNA) are below $100 million and do not meet our liquidity standards.
<div>

			Figure 2: Mutual Funds with the Best &amp; Worst Ratings &ndash; Top 5
</div>

		<a href="http://blog.newconstructs.com/wp-content/uploads/2012/07/LargeCapGrowth2.jpg"><img alt="" class="aligncenter size-full wp-image-4275" height="235" src="http://blog.newconstructs.com/wp-content/uploads/2012/07/LargeCapGrowth2.jpg" title="LargeCapGrowth2" width="329" /></a>

		* Best mutual funds exclude funds with NAV&rsquo;s less than 100 million.
<div>

			Sources: New Constructs, LLC and company filings
</div>

		Virtus Insigh Funds Trust: Virtus Core Equity Funds (NYSE: HGRIX) and (NYSE: PICCX) are excluded from Figure 2 because their total net assets (TNA) are below $100 million and do not meet our liquidity standards.

		Vanguard Mega Cap 300 Growth (NYSE: <a class="ticker" href="/stock/mgk#NYSE">MGK</a>) is my top-rated large-cap growth ETF and FundVantage Trust: Polen Growth Fund (NYSE: POLIX) is my top-rated large-cap growth mutual fund. Both earn my ATTRACTIVE rating.

		First Trust Large Cap Growth AlphaDEX Fund (NYSE: <a class="ticker" href="/stock/ftc#NYSE">FTC</a>) is my worst-rated large-cap growth ETF and Ivy Funds: Ivy Tax-Managed Equity Fund (NYSE: <a class="ticker" href="/stock/iyeax#NYSE">IYEAX</a>) is my worst-rated large-cap growth mutual fund. Both earn a Neutral-or-worse rating.

		Per figure 3, Investors are demonstrating their ability to identify investment worthy ETFs. 61% of the capital allocated to large-cap growth ETFs is allocated to Attractive-or-better-rated ETFs. The same cannot be said for mutual funds investors since less than 1% of the capital allocated to mutual funds is allocated to investment worthy mutual funds.

		The takeaway is: mutual fund managers allocate too much capital to low-quality stocks and investors are unable to identify investment worthy mutual funds.
<div>

			Figure 3: Large-cap Growth Style Landscape For ETFs, Mutual Funds &amp; Stocks
</div>
<div>

			<a href="http://blog.newconstructs.com/wp-content/uploads/2012/07/LargeCapGrowth3.jpg"><img alt="" class="aligncenter size-full wp-image-4274" height="137" src="http://blog.newconstructs.com/wp-content/uploads/2012/07/LargeCapGrowth3.jpg" title="LargeCapGrowth3" width="410" /></a>

			Sources: New Constructs, LLC and company filings
</div>

		As detailed in &ldquo;<a href="http://blog.newconstructs.com/2012/05/09/low-cost-funds-dupe-investors/">Cheap Funds Dupe Investors</a>&rdquo;, the fund industry offers many cheap funds but very few funds with high-quality stocks, or with what I call good <a href="http://blog.newconstructs.com/2011/11/22/portfolio-management-rating-methodology/">portfolio management</a>.

		Investors need to tread carefully when considering large-cap growth ETFs and mutual funds. Only 7 ETFs and 30 mutual funds in the large-cap growth style allocate enough value to Attractive-or-better-rated stocks to earn an Attractive rating.

		QUALCOMM Inc. (NASDAQ: <a class="ticker" href="/stock/qcom#NASDAQ">QCOM</a>) is one of my favorite stocks held by large-cap growth ETFs and mutual funds and earns my Attractive rating. QCOM&rsquo;s management has proven to be effective stewards of capital by generating a return on invested capital (<a href="http://www.newconstructs.com/nc/help/glossary.htm#roicDef">ROIC</a>) of 35% in fiscal year end 2011. This places the company in the 96th percentile of all Russell 3000 companies. In spite of strong past performance, the market is setting a low hurdle for QCOM&rsquo;s future performance. To justify its current stock price (~$54.98), QCOM has to increase its after-tax profits (<a href="http://www.newconstructs.com/nc/help/glossary.htm#nopat">NOPAT</a>) by 18.3% for only one year. This is a low hurdle given that QCOM&rsquo;s average profit growth over the past 14 years has been 52%. QCOM is positioned to beat market expectations.

		Hyatt Hotels Corp (NYSE: <a class="ticker" href="/stock/h#NYSE">H</a>) is one of my least favorite stocks held by large-cap growth ETFs and mutual funds and earns my Dangerous rating. Hyatt is a value destroyer. The company has failed to earn an <a href="http://www.newconstructs.com/nc/help/glossary.htm#roicDef">ROIC</a> over its <a href="http://www.newconstructs.com/nc/help/glossary.htm#helpWacc">WACC</a> in each of the three years I&rsquo;ve covered the company, which has resulted in negative <a href="http://www.newconstructs.com/nc/help/glossary.htm#epDef">economic earnings</a>. At fiscal year end 2011, Hyatt&rsquo;s economic earnings where an astounding negative $320 million. This places Hyatt in the bottom 7th percentile of all Russell 3000 companies. To make matters worse, to justify its current stock price (~$34.54), the company must grow profits by 9.8% compounded annually for 36 years. Poor past performance coupled with a high performance hurdle make Hyatt a poor risk/reward tradeoff.

		Figures 4 and 5 show the rating landscape of all large-cap growth ETFs and mutual funds.

		Our <a href="http://blog.newconstructs.com/2012/07/16/roadmap-to-the-best-worst-etf-mutual-fund-styles/">style roadmap</a> report ranks all styles and highlights those that offer the best investments.
<div>

			Figure 4: Separating the Best ETFs From the Worst Funds
</div>
<div>

			<a href="http://blog.newconstructs.com/wp-content/uploads/2012/07/LargeCapGrowth4.jpg"><img alt="" class="aligncenter size-full wp-image-4273" height="245" src="http://blog.newconstructs.com/wp-content/uploads/2012/07/LargeCapGrowth4.jpg" title="LargeCapGrowth4" width="409" /></a>

			Sources: New Constructs, LLC and company filings
</div>
<div>

			Figure 5: Separating the Best Mutual Funds From the Worst Funds
</div>
<div>

			<a href="http://blog.newconstructs.com/wp-content/uploads/2012/07/LargeCapGrowth5.jpg"><img alt="" class="aligncenter size-full wp-image-4272" height="245" src="http://blog.newconstructs.com/wp-content/uploads/2012/07/LargeCapGrowth5.jpg" title="LargeCapGrowth5" width="409" /></a>

			Sources: New Constructs, LLC and company filings
</div>

		Review my <a href="http://www.newconstructs.com/nc/fundscreener/fund-screener.htm?task=ACTION_CATEGORY_TYPE_SEARCH&amp;selectedTypes=0,1&amp;selectedCategoryIds=5d8f358c114e11e1a32f00188b533b34">full list</a> of ratings and rankings along with free reports on all 26 ETFs and 724 mutual funds in the large-cap growth style.

		Disclosure:&nbsp; I receive no compensation to write about any specific stock, sector, style or&nbsp;theme.
</div>

First Trust Large Cap Growth Opportunities AlphaDEX Fund

IYEAX

QCOM

Best & Worst ETFs and Mutual Funds: Large-cap Growth Style

When a stock trades up to $600, that's impressive. Problem is when we're talking about Apple (Nasdaq: <a class="ticker" href="/stock/aapl#Nasdaq">AAPL</a>), and that's exactly what we're doing here, it's also depressing. Depressing because a lot of investors want to get in on the action, but at $600, 100 shares costs $60,000. That's an entire portfolio for some investors.

One option for relief from this quandary comes from ETFs, scores of which <a href="http://www.benzinga.com/trading-ideas/long-ideas/12/03/2428879/apple-and-etfs-questions-and-answers">offer decent exposure to Apple</a>. 

Fortunately, there are no "Apple ETFs" trading for $600. In fact, none of the ETFs that can be used for decent Apple exposure even trade in the triple digits. At least not yet. Here are some more "Apple on the cheap" ETF options to consider beyond the PowerShares QQQ (Nasdaq: <a class="ticker" href="/stock/qqq#Nasdaq">QQQ</a>), the Technology Select Sector SPDR (NYSE: <a class="ticker" href="/stock/xlk#NYSE">XLK</a>) and the iShares Dow Jones US Technology Index Fund (NYSE: <a class="ticker" href="/stock/iyw#NYSE">IYW</a>).

Global X NASDAQ 500 ETF (Nasdaq: QQQV)
The Global X NASDAQ 500 ETF debuted in December 2011, so it's still fair to call this fund a new ETF and it might be that rookie status that has folks glossing over this fund as a legitimate way of getting solid exposure to Apple. That's too bad because since QQQV debuted, it's up 17.4% and that's not including today's gains. That performance is triple what QQQ has offered over the same time frame.

What's interesting about QQQV as it pertains to Apple is that the ETF's exposure to the tech juggernaut is increasing. In mid-February <a href="http://www.benzinga.com/trading-ideas/long-ideas/12/02/2343618/not-the-usual-suspects-other-etfs-benefiting-from-apples-run-">Apple accounted for less than 13%</a> of QQQV's weight. As of March 23, Apple accounted for 14.4% of QQQV's weight.

iShares S&amp;P Global Technology Index Fund (NYSE: <a class="ticker" href="/stock/ixn#NYSE">IXN</a>)
The iShares S&amp;P Global Technology Index Fund can be slightly overlooked in the Apple ETF conversation, at least comparison to funds such as QQQ and XLK. That said, with over $647 million in assets under management, IXN is by no means a small ETF and given that the fund is up about 20% year-to-date, it's by no means a slack performer.

As of March 23, Apple accounted for 16.57% of IXN's weight, meaning investors get a decent slice of Apple pie for less than $71. Factor in Qualcomm (Nasdaq: <a class="ticker" href="/stock/qcom#Nasdaq">QCOM</a>) and a couple of other IXN constituents that make components for Apple products and the ETF's Apple exposure jumps to over 20%.

PowerShares Dynamic Semiconductors Portfolio (NYSE: <a class="ticker" href="/stock/psi#NYSE">PSI</a>)
No, the PowerShares Dynamic Semiconductors Portfolio does NOT feature any direct Apple exposure. And yes, the ETF is thinly traded. PSI's utility is derived from what semiconductor names it does offer allocations to. Translation: Qualcomm and Broadcom (Nasdaq: <a class="ticker" href="/stock/brcm#Nasdaq">BRCM</a>) account for over 10% of this fund's weight and that likely explains why PSI is up more than 15% year-to-date. PSI is a decent backdoor avenue to Apple, especially for less than $17.

Vanguard Mega Cap 300 Growth Index ETF (NYSE: <a class="ticker" href="/stock/mgk#NYSE">MGK</a>)
As is the case with QQQV, Apple's weight within the Vanguard Mega Cap 300 Growth Index ETF has been on the rise thanks to the stock's ever-increasing market cap. At the end of the fourth quarter, MGK's allocation to Apple was 7.4%. By the start of March, that weight had jumped to 9%. Home to 176 stocks, MGK is probably the most conservative fund on this list and it's certainly cost-effective with an expense ratio of just 0.12%.

Short Ideas

Movers

BRCM

iShares Trust S&P Global Information Technology Sector Index Fund

PowerShares Exchange-Traded Fund Trust Dynamic Semiconductor Portfolio

How to Buy Shares of Apple for Less Than $30 (AAPL, IXN, QQQV)

A yield curve slowing would mean a pullback for mega-cap tech

VONG: Time To Take Some Gains

AOTG: Extremely Aggressive High-Priced Growth ETF With A Novel Strategy

Another reason why mega-cap concentration will likely remain high – Barclays

MGK: A DeepSeek Re-Evaluation

How does Nvidia's $593B market cap wipeout compare to Mag 7 peers?

What did we learn from the DeepSeek scare?

Looking Back At Equity Factors In Q4 2024 With WisdomTree

Powell: Asset prices 'elevated by many metrics' with 'good part' of that due to AI, tech

Dividends and growth: SA spotlights 13 names offering both

AOTG

AVGO

DGRO

FBCG

FQAL

ILCG

ILCV

IQLT

IUSV

JQUA

KNTK

KVUE

NOBL

ONEQ

QGRW

QQEW

QQQE

QQXT

QUAL

RSPT

SCHD

SCHV

SEIQ

SPGP

SPHQ

SPXU

SPYV

UPRO

VFQY

VICI

VONE

VOOG

VOOV

4분기 실적 시즌이 한창 진행 중이며, <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/01/43054693/magnificent-7-earnings-hinge-on-ai-payoff-analyst-flags-top-risks">모두의 시선이 인공지능(AI) 붐과 이 분야에서의 지배력 덕분에 시장의 주목을 받고 있는 기술 대기업들인 매그니피센트 7</a>에 집중되고 있다.
이 주식들은 애플(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), 마이크로소프트(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), 알파벳(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), 아마존닷컴(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), 엔비디아(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), 테슬라(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) 및 메타 플랫폼스(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)이다. <a href="https://www.benzinga.com/etfs">이 주식들에 집중 투자하는 ETF들</a>도 실적 발표를 앞두고 다양하게 노출을 원하시는 투자자들에게 매력적인 옵션이 되고 있다.
실적 파도를 타고 싶다면, 고려할 만한 ETF 세 가지를 소개다:
Roundhill Magnificent Seven ETF(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAGS#NASDAQ">MAGS</a>)는 이 7개 주식에 균등 비중으로 투자할 수 있는 첫 번째 ETF이다. 이 ETF는 0.29%의 경비 비율과 6억 3,975만 달러의 자산 규모(AUM)를 보유하고 있으며, 지난 1년 동안 61% 성장했다.
조금 더 넓은 접근 방식을 원하신다면, MicroSectors FANG+ ETN(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNGS#NYSE">FNGS</a>)가 좋은 선택이 될 수 있다. 이 펀드는 NYSE FANG+ 지수를 추적하며, 7개 주식 각각에 10%의 비중을 유지한다. 경비 비율은 0.58%이다.
한편, Vanguard Mega Cap Growth ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGK#NYSE">MGK</a>)는 매그니피센트 7에 약 59%의 자산을 할당하고 있다. 이 ETF는 216억 달러의 자산 규모(AUM)를 보유하고 있으며, 경비 비율은 0.06%로 경제적인 옵션이다.
<h1 class="wp-block-heading">매그니피센트 7의 미래는?</h1>
실적 시즌이 진행됨에 따라, 매그니피센트 7 주식들은 2025년에 18%의 실적 성장을 보고할 것으로 예상되며, 이는 둔화세를 나타낸다다. 이는 2024년 12월 블룸버그의 보도에 따른 것이다.
테슬라, 마이크로소프트 및 메타 플랫폼스는 수요일 시장 마감 후 실적 보고를 시작한다. 애플의 목요일에 이어 알파벳과 아마존은 각각 2월 4일과 2월 6일에 실적을 발표할 예정이다. 엔비디아는 2월 말에 실적을 발표할 것으로 보인다.
<a href="https://www.benzinga.com/25/01/43232316/deepseek-jitters-shatter-us-tech-stocks-wipe-out-12-trillion-on-wall-street-analyst-eyes-four-chinese-giants-set-" target="_blank" rel="noreferrer noopener">중국 항저우에 본사를 둔 AI 스타트업</a> 딥시크(DeepSeek)가 미국 경쟁자들에게 도전이 되는 새로운 AI 모델을 출시했다. 이는 엔비디아의 핵심 사업에도 영향을 미칠 수 있다. 벤처 자본가인 마크 앤드리슨과 같은 업계 전문가들은 이 순간을 미국 AI 회사들에게 &#8220;스푸트니크 순간&#8221;이라고 불렀다. 이는 AI 분야에서의 획기적인 사건이 될 수 있다고 보도되었다.
엔비디아의 주식은 분석가들이 시장의 반응을 &#8220;과민 반응&#8221;이라고 평가한 후 화요일에 반등했다. 분석가들은 이러한 발전이 AI에 대한 투자를 더욱 촉진할 수 있으며, 이는 엔비디아를 포함한 회사들에게 긍정적일 수 있다고 믿고 있다. 또한, 엔비디아는 딥시크의 추론이 &#8220;상당한 수의 엔비디아 GPU 및 고성능 네트워킹을 필요로 한다&#8221;고 이미 언급한 바 있다.
관련 기사: <a href="https://www.benzinga.com/economics/macro-economic-events/25/01/43283732/tech-rebounds-after-black-monday-nvidia-rallies-6-gm-plummets-whats-driving-marke">블랙 먼데이 이후 기술주 반등, 엔비디 6% 반등, GM 급락: 화요일 시장 동향은?</a>
테슬라는 최근 혼재된 성과를 보여주고 있다. 이 전기차(EV) 제조사는 우호적인 정책 환경 덕분에 다시 1조 달러의 시장 가치를 회복했다. 그러나 4분기 배송 수치에서는 장애물에 부딪혔다. 이 회사는 예상치를 밑도는 실적을 보고하고, 연간 차량 배송 수치에서 처음으로 전년 대비 감소를 기록했다.
또한, 최근 친환경 전기차 정책이 철회되면서 테슬라 주식에 부정적인 영향을 미쳤고, 올해 들어 2.5% 하락했다. 이러한 단점에도 불구하고, 테슬라의 EV 규모와 기술력은 특히 관세가 중국 경쟁자들의 저렴한 수입품을 제한할 수 있는 시장에서 우위를 제공한다.
마이크로소프트는 데이터 센터와 AI 개발에 대한 상당한 투자로 주요 AI 선두주자로서의 입지를 계속 강화하고 있다. 이 회사는 다음 분기에 AI 관련 매출이 100억 달러에 이를 것으로 예상하고 있다.
메타는 실적 발표를 앞두고 애널리스트들이 목표 주가를 상향 조정하면서 긍정적인 전망을 보이고 있다. 웨드부시와 BofA 글로벌 증권은 각각 메타 주식을 700달러와 710달러로 평가하고 있다. 이 소셜 미디어 회사는 4분기에 450억~480억 달러의 매출을 예상하고 있지만, AI 및 인프라 프로젝트에 대한 지출 증가도 예상하고 있다. 이는 마진을 축소시킬 수 있다.
애플은 지난해 말 새로운 AI 기반 애플리케이션을 출시했음에도 불구하고, 특히 국제 시장에서 모멘텀을 얻는 데 어려움을 겪고 있다. 최신 아이폰 16의 판매도 저조하게 나타났다. 제프리스는 최근 애플을 &#8220;부진&#8221;으로 하향 조정했다. 앞으로 애플은 1분기 매출 성장률이 낮거나 중간 단일 숫자에 이를 것으로 예상하고 있다.
알파벳은 현재 반독점 소송과 생성적 AI 분야에서의 경쟁 심화에 직면해 있다. 애널리스트들은 AI가 알파벳의 핵심 검색 사업에 미치는 장기적인 영향에 대해 우려하고 있다.
아마존은 전자상거래 및 클라우드 컴퓨팅에서 여전히 지배적인 위치를 차지하고 있으며, AI 사업도 빠르게 성장하고 있다. 이 회사의 4분기 매출은 1,815억 달러에서 1,885억 달러 사이로 예상된다. 아마존의 데이터 센터 및 맞춤형 칩에 대한 AI 인프라 투자로 이 부문에서 지속적인 성장이 가능해 보인다.

다음 기사: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/upgrades/25/01/43284333/nvidia-positioned-for-400-billion-ai-boom-with-advanced-gpus-new-product-launches-drivin">엔비디아는 4천억 달러 AI 붐에 대비하고 있으며, 새로운 제품 출시와 고급 GPU가 매출 성장을 이끌 것이라고 분석가들이 말했습니다.</a></li>
</ul>
사진 출처: Shutterstock.
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<a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor" target="_blank" rel="noreferrer noopener">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.

탄탄한 수익 성장, 높은 가치 평가, 강력한 혁신 잠재력을 특징으로 하는 성장 주식에 초점을 맞춘 상장지수펀드(ETF)는 <a href="https://www.benzinga.com/etfs">6월에 자금 유입</a>이 증가했다.
성장연계 펀드에 대한 관심의 급증은 기술 부문에 대한 투자자의 신뢰 증가와 인공 지능(AI)과 같은 파괴적인 혁신을 반영하여 가치주에 비해 성장주의 상당한 성과와 일치했다.
운용자산(AUM) 기준으로 가장 큰 8개 성장연계 ETF는 이달 초부터 6월 24일까지 총 122억 달러 상당의 자금이 유입되었다.
선두를 달리고 있는 뱅가드 성장 ETF(Vanguard Growth ETF)(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VUG#NYSE">VUG</a>)는 ETF 동종 업계 중 가장 높은 월별 유입을 기록하며 인상적인 56억 8천만 달러를 유치했다. 이 놀라운 수치는 Vanguard Growth ETF의 월간 최고 유입으로 기록될 예정이며, 6월에는 iShares Core S&amp;P 500 ETF(NYE:<a class="ticker" href="https://www.benzinga.com/stock/IVV#NYSE">IVV</a>)가 유치한 약 100억 달러에 이어 2위를 차지했다.
<figure class="wp-block-table is-style-stripes">
<table style="overflow:auto; height: 90px; display: block;">
<thead>
<tr>
<th>성장 ETF</th>
<th>AUM</th>
<th>6월 자금 유입(6월 24일 기준)</th>
</tr>
</thead>
<tbody>
<tr>
<td>뱅가드 성장 ETF</td>
<td>139.84B 달러</td>
<td>5.68B 달러</td>
</tr>
<tr>
<td>IShares Russell 1000 성장 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWF#NYSE">IWF</a>)</td>
<td>97.00B 달러</td>
<td>0.03B 달러</td>
</tr>
<tr>
<td>IShares S&amp;P 500 성장 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVW#NYSE">IVW</a>)</td>
<td>52.96B 달러</td>
<td>4.01B 달러</td>
</tr>
<tr>
<td>슈왑 U.S. 대형주 성장 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCHG#NYSE">SCHG</a>)</td>
<td>30.62B 달러</td>
<td>0.44B 달러</td>
</tr>
<tr>
<td>SPDR 포트폴리오 S&amp;P 500 성장 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPYG#NYSE">SPYG</a>)</td>
<td>29.40B 달러</td>
<td>0.47B 달러</td>
</tr>
<tr>
<td>뱅가드 메가캡 성장 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MGK#NYSE">MGK</a>)</td>
<td>22.39B 달러</td>
<td>1.08B 달러</td>
</tr>
<tr>
<td>뱅가드 러셀 1000 성장 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VONG#NYSE">VONG</a>)</td>
<td>20.81B 달러</td>
<td>0.08B 달러</td>
</tr>
<tr>
<td>IShares 코어 S&amp;P U.S. 성장 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IUSG#NYSE">IUSG</a>)</td>
<td>18.94B 달러</td>
<td>0.15B 달러</td>
</tr>
<tr>
<td>뱅가드 스몰캡 성장 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VBK#NYSE">VBK</a>)</td>
<td>17.25B 달러</td>
<td>0.26B 달러</td>
</tr>
</tbody>
<tfoot>
<tr>
<td>총계</td>
<td></td>
<td>12.2B 달러</td>
</tr>
</tfoot>
</table><figcaption class="wp-element-caption">출처: TradingView</figcaption></figure>
<h3 class="wp-block-heading">가치에 비해 매출 급증한 성장주</h3>
동료인 Vanguard Value ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTV#NYSE">VTV</a>)에 대한 Vanguard Growth ETF의 상대 성과는 6월에 새로운 최고 기록을 세웠으며, <a href="https://www.benzinga.com/pro/register0524b?utm_source=BZprocontent062524&amp;t=be2bearmibe3na1">Benzinga Pro</a>의 아래 차트에 설명된 바와 같이 2021년 11월에 달성한 이전 최고치를 넘어섰다.
6월 성장 스타일의 뛰어난 성과를 이끈 주요 원동력은 거대 기술 기업인 엔비디아(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)와 애플(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)이며, 각각 15%와 8.8%의 강력한 상승세를 보였다.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/pro/register0524b?utm_source=BZprocontent062524&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" class="wp-image-405212" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/25160222/image-56-1024x460.png" sizes="(max-width: 1024px) 100vw, 1024px" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/25160222/image-56-1024x460.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/25160222/image-56-300x135.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/25160222/image-56-768x345.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/25160222/image-56-1536x690.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/06/25160222/image-56.png 1920w" alt="" width="1024" height="460" /></a></figure>
다음 기사
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39440559/growth-stocks-leave-value-stocks-in-the-dust-4-reasons-for-biggest-monthly-lead-in-">성장주가 가치주를 뒤흔들다: 지난 1년 동안 월간 상승폭이 가장 컸던 4가지 이유</a></li>
</ul>

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Vanguard Mega Cap Growth ETF

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화요일, 6월 25, 2024

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