Vanguard Growth Index Fund ETF Shares (NYSE:VUG) is a sector-specific exchange-traded fund (ETF) that focuses on enabling its investors to gain exposure to the growth segment of the U.S. equity market. Primarily, it tracks the performance of the CRSP US Large Cap Growth Index, comprising stocks of large U.S. companies that are expected to grow at an above-average rate compared to others. Vanguard Growth Index Fund ETF Shares aims to provide high investment returns by investing in stocks of companies in sectors such as technology, consumer services, and health care, which exhibit growth characteristics. The fund's objective is to closely mirror the investment performance of the index, offering investors a diversified portfolio through a single, efficiently managed investment.