VOOG ETF

In 2024, the S&P 500 achieved a return of about 23%, which is more than twice its average yearly gain of 10.6% since it started in 1957. However, if you had invested in the Vanguard S&P 500 Growth ETF (VOOG -0.86%), your return would have been an impressive 38%.

If you want to gain a wide understanding of the Large Cap Growth part of the US stock market, consider the Vanguard S&P 500 Growth ETF (VOOG). This is a passively managed exchange-traded fund that started on September 9, 2010.

Many people aspire to create an investment portfolio valued at $1 million or more, but only a small number actually succeed. A 2023 survey by Empower found that the average answer for what constitutes "high net worth" was $400,000, and 74% of those surveyed felt they would never reach that amount.

Many investors are familiar with the Vanguard S&P 500 ETF, which is a simple way to invest in the overall market. However, Vanguard offers over 80 different exchange-traded funds (ETFs) that cater to a wide range of investor needs.

You can find many different types of exchange-traded funds (ETFs) available for purchase in the market. State Street was the first to introduce the concept of ETFs when it created the SPDR S&P 500 ETF Trust in 1993. Nowadays, there are numerous ETFs, some that follow indexes containing hundreds or thousands of stocks, and others that feature carefully selected portfolios.

Creating long-term wealth can be challenging, but investing in the stock market is one of the easiest methods to achieve it. By making smart investments, you can develop a portfolio that could be worth hundreds of thousands of dollars or even more.

This year, the stock market is performing exceptionally well. The S&P 500, a key index, has increased by 29%, which is nearly three times its usual yearly growth since it started in 1957.

This index fund is doing better than the S&P 500 this year.

By investing in these two ETFs, investors can gain access to both growth stocks and dividend stocks.