This Vanguard ETF Is Up 27% This Year: Is It Still a Buy for Long-Term Investors?

The Vanguard Information Technology Index Fund ETF (VGT) has surged 27% year-to-date, significantly outperforming the S&P 500. The fund's strong performance is driven by heavy exposure to chipmakers like Nvidia (17% of assets), Broadcom, Micron, and AMD, which are benefiting from AI infrastructure demand. With a 24.4% annualized return over the past decade and a low 0.09% expense ratio, the fund appears well-positioned for continued growth as the AI industry is projected to grow at 30.6% CAGR through 2033.