The Vanguard Mega Cap Growth ETF (NYSEARCA:MGK | MGK Price Prediction) has 63 holdings, which sounds diversified until you check the weights.
MGK Holds 46 Percent in Just Five Stocks, And That Concentration Is Driving Most of Its Recent Gains
The Vanguard Mega Cap Growth ETF (NYSEARCA:MGK | MGK Price Prediction) has 63 holdings, which sounds diversified until you check the weights.