A better grasp of the current tariff situation and a generally strong earnings season have helped the market rally in recent weeks, with the major indexes all recovering significantly from losses earlier this year.
Many of the exchange-traded funds (ETFs) that follow these indexes have recovered as well. The Vanguard Communications ETF (VOX 0.44%) soared 9.3% in just eight trading days, from market close on April 21 to May 1.
Top holdings in the ETF, including Alphabet (GOOG 0.14%) (GOOGL 0.12%), Meta Platforms (META 0.34%), and Netflix (NFLX -1.95%), all reported strong earnings to help lead the ETF higher. Here’s why it’s not too late to buy the ETF even after its recent run-up.
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Leadership from the top
Netflix kicked off earnings season with excellent results, reporting strong revenue and profit growth.
The company has…