VGT Holders Bought ‘Tech' and Own No Google, Meta, or Amazon: The Sector Rule That Decides What's Inside

The article highlights that Vanguard Information Technology ETF (VGT) excludes three major technology-related companies because of index-classification rules, despite investors often assuming the fund provides exposure to them. The exclusion can materially affect portfolio sector concentration and diversification, underscoring the need to assess ETF methodology and underlying holdings rather than relying on a fund's label.