Despite strong share price gains so far in 2023, Vanguard S&P 500 Growth Index Fund ETF Shares have more upside potential due to improving broader market fundamentals. Falling inflation and rising chances of a rate cut in the second half are likely to boost investor confidence in high-beta ETFs like VOOG. Growth stocks have already reached a bottom in 2022, and 2023 is expected to be a recovery year with significant upside potential for high-beta stocks in the second half.
