As the Swiss Guards protect the privacy of the papal conclave in the
magnificent Sistine Chapel, we have a Vanguard fund in today’s top 10. No funny looking suit on the 7th
place Vanguard Growth Index Fund though.
Replicating the MSCI US Prime Market Growth Index, VUG holds all 410 positions
at their respective index weights. While
those Swiss guards wear the traditional Medici blue, red and yellow, VUG’s tear
sheet has pie charts resembling the myriad colored ribbons of a US general’s
uniform.
Its 33% weighting in info tech with almost 9% in Apple hasn’t hurt
performance too much. Year to date it is
up about 8% compared to the S&P 500’s 9% but it is tracking that benchmark
tightly on this latest leg up since February 25th. The other colors on those pie charts represent
holdings in all 10 S&P sectors where consumer discretionary, industrials, consumer
staples and health care also have weightings above 10%. The constituent list shows a who’s who of US large
cap companies and you will have to dig deep before seeing a name you don’t
recognize. All that diversification
combined with Vanguard’s heft provides a high Quality Score of 90.9 and its
other metrics are formidable too. Fully
participating in the explosive broad market US rally translates into a very
nice 71.9 technical score which hasn’t hurt its also strong 70.9 Fundamental
Score. What’s new today is the higher
than normal 68.9 sentiment score getting a boost from a jump in its put/call
score up to 93. All that figures into
VUG’s striking 9.27 Green Diamond Reward Rating with only 3.01 Red Risk
Diamonds, keeping with Quant’s current low risk theme.
Our prayers are with those cardinals in the Sistine Chapel as they
choose the next leader of the world’s more than 1 billion Catholics, but
investing requires more than faith. It
requires vigorous self examination of one’s objectives and risk tolerance and an
asset allocation strategy that fits both.
Once you decide on your equity allocation, Quant provides a proven tool
for achieving your objectives. Our top
ranked funds consistently outperform the rest and Quant points to the Vanguard
Growth Index fund (VUG) as one of those today. For your allocations to other
asset classes, our Red Diamond Risk Ratings will help you keep within your
tolerances. As those Swiss Guards support the Vatican conclave,
ETFGsm is pleased to support your investment decisions. If you need any guidance beyond what you see
on the site please contact us at support@etfg.com
for personal help. At ETF Globalsm we appreciate the faith you place in us.
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