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Many LC-Growth Funds Are Nondiversified

Many large-cap-growth ETFs are now nondiversified: MGK; IWF VONG; VUG; IVW, VOOG, etc. This is unusual for a broad index like LC-growth, but not so unusual for sector & factor ETFs. Active LC-growth funds can be diversified or nondiversified.

https://ybbpersonalfinance.proboards.com/thread/307/diversified-nondiversified-funds

Comments

  • Thank you for pointing this out. Thinking out loud I wonder if the folks investing in these funds are getting just wanted they wanted?
  • All M* 9-boxes (broad) fund categories (LCV, LC, LCG; MCV, MC, MCG, SCV, SC, SCG) are diversified EXCEPT LCG.
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