Vanguard’s VCR ETF Carries 40% Amazon and Tesla Exposure Dressed as Consumer Discretionary
Vanguard Consumer Discretionary ETF (NYSEARCA:VCR) is down nearly 9% year-to-date, but the story behind that number matters more than the number itself. This fund carries the “consumer discretionary” label, yet nearly 40% of its portfolio sits in just two stocks that behave more like technology b...