Investment objective & strategy
As of Jan. 28, 2026 · prospectusObjective. Vanguard Wellington U.S. Growth Active ETF (the Fund) seeks to provide long-term capital appreciation.
Strategy. The Fund employs an active management approach, investing primarily in large- and mid-capitalization stocks of U.S. companies considered to have above-average earnings growth. Under normal circumstances, the Fund will invest at least 80% of its assets, plus the amount of any borrowings for investment purposes, in U.S. securities. For the purposes of the 80% policy, a U.S. security is any security that is issued by a U.S. company. The Fund is considered nondiversified, as defined under the Investment Company Act of 1940, which means that it may invest a greater percentage of its assets in the securities of particular issuers as compared with diversified funds. The Fund employs an active management approach, investing primarily in large- and mid-capitalization stocks of U.S. companies considered to have above-average earnings growth. Under normal circumstances, the Fund will invest at least 80% of its assets, plus the amount of any borrowings for investment purposes, in U.S. securities. For the purposes of the 80% policy, a U.S. security is any security that is issued by a U.S. company. The Fund is considered nondiversified, as defined under the Investment Company Act of 1940, which means that it may invest a greater percentage of its assets in the securities of particular issuers as compared with diversified funds.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| NVIDIA CORP | — | $3.50M | 15.15% |
| MICROSOFT CORP | — | $2.67M | 11.56% |
| APPLE INC | — | $1.96M | 8.46% |
| ALPHABET INC CL A | — | $1.80M | 7.80% |
| AMAZON.COM INC | — | $1.39M | 6.02% |
| BROADCOM INC | — | $1.08M | 4.68% |
| MASTERCARD INC CL A | — | $865.41K | 3.74% |
| LILLY ELI and CO | — | $711.90K | 3.08% |
| iShares Russell 1000 Growth ETF | — | $662.20K | 2.86% |
| TAIWAN SEMIC-ADR | — | $611.35K | 2.64% |
Portfolio moves
Dec 31, 2025 → Mar 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Nuveen Growth Opportunities ETF · NUGO | 64% | 0.56% |
| U.S. Growth Fund · JSGAX, JSGIX, JSGBX, JSGCX, JSGRX, JHSGX, JSGTX | 64% | 0.60% |
| U.S. Growth Trust · JAFGX, JAFHX, JAFJX | 64% | 0.59% |
Footnotes
- Expense ratio as of January 28, 2026, from the fund's prospectus.
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
Machine-readable: JSON · Markdown. Programmatic access via the agent surface.