These ETFs Owned Small-Cap Winners Before Their 400%+ Surge - Vanguard Russell 2000 Growth ETF (NASDAQ:VT

Investors searching for the biggest stock winners of 2026 may be surprised to learn they already own some of them through small-cap ETFs.

Applied Optoelectronics Inc (NASDAQ:AAOI), Rackspace Technology, Inc. (NASDAQ:RXT), Aehr Test Systems (NASDAQ:AEHR), Maxlinear Inc (NASDAQ:MXL) and Agilon Health Inc (NYSE:AGL) have each surged nearly 400% or more this year, making them some of the best-performing stocks in the Russell 2000 Index. While the companies operate in vastly different industries, several appear together across a handful of small-cap growth and broad-market ETFs.

• What is going on with VTWG stock today?

This highlights that some of the strongest AI-related gains have come not from mega-cap technology companies, but from smaller firms supplying optical networking equipment, semiconductor testing systems and data-center connectivity products.

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