The S&P SmallCap 600 Growth Vanguard ETF (VIOG) is an exchange-traded fund that aims to track the performance of the S&P SmallCap 600 Growth Index. This index measures the performance of small-capitalization growth companies in the United States.
The ETF holds a diversified portfolio of small-cap growth stocks, with a focus on companies with strong earnings growth potential. The fund employs a passively managed, full-replication strategy, seeking to hold all the securities in the underlying index in the same proportion as their weight in the index.
The S&P SmallCap 600 Growth Index consists of small-cap companies within the S&P SmallCap 600 Index that have higher price-to-book ratios and higher forecasted earnings growth rates. As of January 31, 2023, the index had a price-to-earnings ratio of 28.57 and a dividend yield of 0.54%.
Investors seeking exposure to small-cap growth companies in the US may consider VIOG as a potential investment option. However, as with all investments, it is important to conduct thorough research and consider one's financial goals, risk tolerance, and investment horizon before making any investment decisions.
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