Vanguard Information Technology ETF (VGT)
Vanguard Information Technology ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $120.89, down 0.13% on the session, giving a market capitalisation of $140.84B. Its beta of 1.35 implies it has historically moved more than the broad market.
This fund aims to mirror the financial performance of a specific benchmark index, which tracks the investment returns of companies operating in the information technology industry. It is overseen with a passive management approach, predominantly using a full-replication strategy to hold all index constituents when feasible. However, should regulatory constraints arise, it will implement a sampling strategy. The portfolio includes equities of businesses that support the electronics and computer sectors, or those that develop products grounded in advanced scientific principles.
Vanguard Information Technology ETF is most often compared with the following Financial Services names: