Vanguard Russell 1000 Growth ETF

What this fund is

Vanguard Russell 1000 Growth ETF is an exchange-traded fund (ETF) from Vanguard, traded under the ticker VONG (ISIN US92206C6802). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. At its core it is a focused, thematic fund: it concentrates on the technology part of the market, so it lives or dies by that one area rather than the economy as a whole. Underneath, it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't. It follows the Russell 1000 Growth Index index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include NVIDIA Corp., Apple Inc. and Microsoft Corp..

It holds around 387 positions (the ten largest ≈ 61.2%), spreading risk so no single holding decides your outcome. By geography it is weighted towards ~98.2% United States, ~0.5% Ireland and ~0.2% Luxembourg. Its heaviest sectors are ~53.1% Technology and ~12.6% Consumer Discretionary. A focused fund like this is typically held as a smaller 'satellite' position around a broader core — a way to lean into one theme, not usually a portfolio's only holding. Its ongoing charge (TER) is 0.06% a year — about €6 a year on a €10,000 holding, taken automatically from the fund.

It holds the underlying investments directly (physical replication); it is domiciled in the United States and trades in USD. Its price has swung about 16.5% over the past year, which describes how much its price tends to move rather than whether it is good. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from Vanguard.)