Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTOmor Ibne EhsanWed, July 15, 2026 at 7:45 PM GMT+2 5 min readQuick ReadVUG returned 411% over 10 years at just 0.03% annually, beating the S&P 500 in roughly 95% of rolling five-year windows.NVDA and MSFT combine for about 22% of VUG's portfolio, making thisVUG works best as a portfolio sleeve of 10 to 20% for investors with a horizon of a decade or more who can sit through a 30% drawdown without selling.Many financial professionals are salespeople paid on what they push, not whether you end up wealthier. A fiduciary is the opposite. The SEC legally requires them to put your interests first. Advisor.com's free matching tool pairs you with vetted fiduciaries from major national firms, all in under three minutes. See who you match with today.The pitch for the Vanguard Growth ETF (NYSEARCA:VUG) is almost too clean. You pay 0.03% a year, roughly three cents per $100, and get the mega-cap growth trade that has driven US equity returns for the better part of a decade. Over the last ten years, VUG returned 413% against the S&P 500's 309%. Vanguard's historical data shows VUG beating the S&P 500 in about 95% of rolling five-year windows, a hit rate that ends most portfolio arguments before they start.Tapati Rinchumrus / Shutterstock.comThe interesting question is whether the underlying machinery still looks like a diversified fund, or has become a levered bet on four stocks.What You're Actually BuyingVUG tracks the CRSP US Large Cap Growth Index, which sounds broad and technically is. Then you open the holdings. NVIDIA (NASDAQ:NVDA) is 13.3% of the fund. Apple (NASDAQ:AAPL) is 12.3%. Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) is 9.9%, and Microsoft (NASDAQ:MSFT) is 9.1%. Those four names alone account for 44.6% of the portfolio, and the top ten holdings account for 65%.Are You Ready To Retire, Or Years Behind?Most Americans suspect they're behind on retirement and never find out.