The Best Growth ETF to Invest $1,000 in Right Now

Growth stocks are dominating the market this year, fueled by megacap technology companies leading the AI revolution. The transformative potential of artificial intelligence is only beginning to unfold, with its impact on productivity expected to be significant over the next decade. Key players like Nvidia, Microsoft, Alphabet, Amazon, and Meta are at the forefront, driving innovation through AI infrastructure, cloud computing, and integrated large language models.

For investors seeking exposure to these AI leaders, the Vanguard Growth ETF (VUG) offers a streamlined approach. The fund tracks the CRSP US Large Cap Growth Index, effectively capturing the growth segment of the S&P 500. With holdings in approximately 165 large-cap growth stocks, the ETF provides concentrated exposure to the market's top performers.