The Nasdaq-100 Is Outperforming Nvidia, Microsoft, Amazon, Meta Platforms, Alphabet, and Tesla This Year. Here’s My Favorite Low-Cost ETF to Buy the Dip.

The Nasdaq-100 Is Outperforming Nvidia, Microsoft, Amazon, Meta Platforms, Alphabet, and Tesla This Year. Here’s My Favorite Low-Cost ETF to Buy the Dip.

By Daniel Foelber, The Motley Fool
Publication Date: 2026-11-04 21:05:00

The market’s leadership has changed. Many of the mega-ap growth stocks that drove the indexes to new heights in recent years are now lagging.

The Nasdaq-100, which is the 100 largest non-financial stocks in the Nasdaq Composite (NASDAQINDEX: ^IXIC), is up 12.4% year-to-date (YTD) at the time of this writing. Nvidia (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), and Amazon (NASDAQ: AMZN) have produced smaller gains, while Meta Platforms (NASDAQ: META), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), and Tesla (NASDAQ: TSLA) are down YTD. This means that six “Magnificent Seven” stocks are underperforming the Nasdaq-100 YTD — the only exception being Apple (NASDAQ: AAPL).

Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of Nvidia. Continue »

Here’s why the Vanguard Morningstar Mega Cap Growth ETF (NYSEMKT: MGK) is an excellent low-cost way to buy the dip on top growth stocks.

Image source: Getty Images.

The Mega Cap Growth ETF has 67.6% in 10 stocks

The Mega Cap Growth ETF is essentially a more concentrated version of the Vanguard Morningstar Growth ETF (NYSEMKT: VUG). The Mega Cap ETF has 52 holdings compared to 135 for the Growth ETF. The expense ratio of the Mega Cap ETF is 0.05% — only slightly higher than the Growth…