Javed Mirza
Vanguard Mega Cap Growth Index Fund ETF
MGK-N
COMMENT
Oct 17, 2024
Will rotation hold, or revert to tech addiction?
The MGK is a mega-cap growth ETF. Great way to look at all the big-cap tech bellwethers. We're seeing early signs that that's slowing down, which would be in line with this rotation out of some of the mega-cap leaders and into the broader market.
In his work he's seeing broadly a big rotation, which is positive. But it means we're pushing to the late cycle.
The MGK is a mega-cap growth ETF. Great way to look at all the big-cap tech bellwethers. We're seeing early signs that that's slowing down, which would be in line with this rotation out of some of the mega-cap leaders and into the broader market.
In his work he's seeing broadly a big rotation, which is positive. But it means we're pushing to the late cycle.