Mid-cap ETFs, which track mid-sized companies, are an important diversifier as they are generally not as volatile as small caps but often have higher growth potential than large-caps. Let's take a look at the two most popular ETFs within the mid-cap space. The Vanguard Mid-Cap ETF (NYSEMKT: VO) is the second largest mid-cap ETF with about $50 billion in assets under management.
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