The Vanguard Mega Cap Growth ETF (MGK) traded near its high of the day yesterday, on July 11, up 0.2%. This ETF focuses on the largest of large companies and selects those that exhibit 6 sustainable growth components: future long-term growth in earnings per share (EPS), short-term EPS growth, historical EPS growth, historical sales per share growth, current investment-to-assets ratio, and return on assets. The fund also smartly allocates weights based on the composite score of these values.

With a substantial 275% increase in value over the past 10 years, the Vanguard Mega Cap ETF has demonstrated its potential for long-term appreciation and could be the best option for investors looking for high growth. The fund's portfolio is heavily concentrated, with approximately 45% of its assets allocated to well-established technology giants such as Apple (AAPL), Google-Alphabet (GOOGL), Microsoft (MSFT), Amazon (AMZN), and Nvidia (NVDA).

Looking at weekly change of shares outstanding among a selected spectrum of ETFs, one standout was the Vanguard Mega Cap Growth ETF where an approximate $232.9 million dollar inflow was detected, representing a 1.7% increase week over week (WoW) in outstanding units. Among the largest holdings of MGK, in trading today Lowe's Companies Inc (LOW) is up about 2.4%, Standard and Poors Global Inc (SPGI) is up about 1.6%, and Applied Materials, Inc. (AMAT) is higher by about 0.7%.

Before 2H 2023 earnings reporting season kick-started, holding a basket of high-growth names would be a good idea: history of the U.S. stock market show it would be extremely unlikely to face any kind of broad market corrections – let along selloffs – as market participants are taking their low start positions in anticipations of public companies’ new records.