The Vanguard Growth ETF exclusively invests in America's largest growth stocks. This result isn't a one-off, because the exchange-traded fund (ETF) has outperformed the S&P 500 every year since it was established in 2004. Here's why I predict the Vanguard ETF will beat the index yet again in 2026. The table displays their weightings in the ETF relative to their weightings in the S&P 500:Stock Vanguard ETF Weighting S&P 500 Weighting 1. The Vanguard ETF could beat the S&P 500 again in 2026The Vanguard Growth ETF has delivered a compound annual return of 11.9% since it was established in 2004, which beats the average annual gain of 10.4% in the S&P 500 over the same period.