Vanguard Growth Funds: A Tale of Two Markets in a Quiet March

The first, akin to a river that flows with the certainty of seasons, tracks the CRSP U.S. Large Cap Growth Index-an unbroken pulse of the nation’s philosopher-entrepreneurs. The second, VONG, traces the Russell 1000 Growth Index-more akin to a forest dense with countless trees, each a different story, a different song. When one compares their holdings, it is like observing two ancient trees-one with a sparser canopy, one with a lush, tangled crown; their roots intertwined yet their shadows cast differently upon the soil of investors’ hopes.

