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Vanguard Growth ETF Assets Tumble as Value Rotation Accelerates - Bloomberg
"Vanguard's growth ETF has climbed 5.5 percent since Donald Trump's Nov. 8 election, while its value fund has jumped more than 8 percent.", "On Tuesday, withdrawals from Vanguard's growth exchange traded fund, ticker VUG, reached $900 million, the second most in its 12 year history."
'"Looks like a big investor betting the recent rally in growth is over," said Eric Balchunas, ETF analyst at Bloomberg Intelligence. '
'Growth stocks, those whose earnings are expected to rise faster than the market average, tend to outperform during stretches in which expansion is muted. '
'Your guide to the most important business stories of the day, every day. '
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[–] derram 0 points 1 point 1 point (+1|-0) ago
https://archive.is/EfvpJ | https://vgy.me/0wIz3H.png :
"Vanguard's growth ETF has climbed 5.5 percent since Donald Trump's Nov. 8 election, while its value fund has jumped more than 8 percent.", "On Tuesday, withdrawals from Vanguard's growth exchange traded fund, ticker VUG, reached $900 million, the second most in its 12 year history."
'"Looks like a big investor betting the recent rally in growth is over," said Eric Balchunas, ETF analyst at Bloomberg Intelligence. '
'Growth stocks, those whose earnings are expected to rise faster than the market average, tend to outperform during stretches in which expansion is muted. '
'Your guide to the most important business stories of the day, every day. '
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