This Unstoppable ETF Has Doubled the S&P 500 This Year. Is It a Buy Right Now?
This ETF has consistently beaten the S&P 500 over the last 10 years.
This Unstoppable ETF Has Doubled the S&P 500 This Year. Is It a Buy Right Now?
Overview
The S&P 500 is having a solid year. The broad market index is up nearly 8% year-to-date despite the impacts of the war with Iran.
However, as good as the S&P 500 has been this year, the Vanguard Information Technology Index Fund (NYSEMKT: VGT) has been even more unstoppable. It has more than doubled the broader market index with a 22% return. Here's a look at whether it's a buy right now.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
