Equity: U.S. - Large Cap Growth
With 20 ETFs and over $185.87B in combined AUM, the Equity: U.S. - Large Cap Growth segment provides exposure to the U.S. space with a focus on Large Cap securities.
Year-to-date, the best-performing ETF in the segment is the Direxion Russell 1000 Growth Over Value ETF (RWGV), with a total return of 33.00%. Meanwhile, the most popular ETF is the Vanguard Growth ETF (VUG) with $57.29BB in assets under management.
Investors should take a look at the Vanguard Mega Cap Growth ETF (MGK). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. MGK tracks the CRSP US Mega Cap Growth Index. The index selects growth stocks from the top 70% of investable market capitalization. MGK has an expense ratio of 0.07% and tracks the CRSP US Mega Cap Growth Index.
ETF.com Efficiency Insight
The average efficiency score in the Equity: U.S. - Large Cap Growth segment is 94 out of 100, with the Schwab U.S. Large-Cap Growth ETF(SCHG) obtaining the highest rating of 100 out of 100.
Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.24% per year, with the SoFi Next 500 ETF (SFYX) having the lowest expense ratio, charging investors 0% yearly.
Investors should look for funds with tight tracking, such as the SPDR Portfolio S&P 500 Growth ETF (SPYG), with a 12-month median tracking difference of -0.02%.
ETF.com Tradability Insight
The average tradability score in the Equity: U.S. - Large Cap Growth segment is 90 out of 100, with the Vanguard Mega Cap Growth ETF(MGK) obtaining the highest rating of 100 out of 100.
The iShares Russell 1000 Growth ETF (IWF) is the undisputed segment leader when it comes to liquidity. The fund trades 306.79M in daily average volume. Investors should also find ample liquidity in the Vanguard Growth ETF (VUG), with $201.98M in daily dollar volume.
Use limit orders to trade funds such as the SoFi Next 500 ETF(SFYX), due to their double-digit market spreads.
ETF.com Fit Insight
The MSCI USA Large Cap Growth Index has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.
Investors trying to match a broad market exposure should pay attention to MGK. This fund obtains a high Fit score and investors should capture market-like returns.
Other funds diverge from the market, by nature of their investment mandates; for example, SFYX follows a Growth strategy and obtains a low Fit score compared with our neutral benchmark.