Published on 13 Apr 2024 on Motley Fool via Yahoo Finance
This Vanguard ETF Has Skyrocketed 40% in 12 Months. Is It a No-Brainer Buy Right Now?
Many investors might think exchange-traded funds (ETFs) are like the tortoise and the hare in Aesop's fable about the race between these two unlikely competitors. In their view, ETFs can win the race over the long term by plodding along slowly but steadily.
This stereotype might be true for some ETFs. However, there are exceptions. One Vanguard ETF has skyrocketed 40% over the last 12 months.