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Millennials are latching onto ETFs faster than older generations. These are the most popular ETFs among young investors, according to TD Ameritrade.
Growth stocks are focused on building their business for tomorrow, not paying out dividends today.
Thanks to impressive innovation and the rebounding economy, the Vanguard Growth ETF has more than doubled over the past five years. Its biggest holdings look like a who's who of household American tech and consumer stocks, including Apple (AAPL), Google (GOOGL), Walt Disney (DIS) and Facebook (FB).
Related: Calm down. U.S. stocks likely to keep going up for now