Two months ago, I called the Vanguard Information Technology ETF (NYSEMKT: VGT) the best Vanguard fund to buy. Since then, the artificial intelligence (AI) boom has only accelerated — and this fund has captured nearly every dollar of value created.
Through September 1, the fund has returned 12.1% year to date, beating the S&P 500‘s 9.8% return. That outperformance might seem modest, but it masks a more important truth: This single exchange-traded fund (ETF) owns virtually every company that matters in the AI revolution.
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