About VONG ETF
ETF Name: Vanguard Russell Growth ETF (VONG)
Sector: VONG has invested in Technology (42%), Consumer Cyclical (17%), Healthcare (14%), Industrials (12%), Consumer Non-Cyclical (5%).
Geography: VONG has invested 100% of its assets in the US.
Fund Manager: Vanguard
ETF Description: VONG holds 600+ growth stocks selected from Russell 1000 Index, based on three fundamental factors: book-to-price, medium-term growth forecasts, and sales per share growth. Since it draws from the Russell 1000 Index, a significant minority of VONG's portfolio is allocated to midcaps.
What ETFdb says about it: Investors with a longer-term horizon ought to consider the importance of growth stocks and the diversification benefits they can add to any well-balanced portfolio.
Why is that Kristal there? A complete pool of 2100+ ETFs are screened on various qualitative and quantitative parameters to evaluate efficiency, tradability and fit. The metrics used were alpha, beta and R-Squared with respect to the segment benchmark and ETF specific metrics such as expense ratio, drawdown, volatility and the overall rating. We evaluate all ETFs and assign a composite score based on our analysis and then select the top ones in a category based on that comprehensive score by the inhouse research / quant analysts team. VONG trades well, with small spreads, and large investors should be able to get solid execution thanks to strong underlying liquidity. A very efficient fund, VONG combines a low fee with tight tracking to keep holding costs low. The strategy is rebalanced on a quarterly basis with the rebalancing mechanism being determined by an algorithm that takes into account the overall performance of the strategy so far.
Fund Manager Description: Founded in 1975, Vanguard is the second largest asset manager in the world managing $5.1T. It is the largest provider of mutual funds and the second-largest provider of exchange-traded funds (ETFs) in the world after BlackRock's iShares
