NEW YORK ( TheStreet) -- Growth stocks have been outdoing value lately, and plenty of financial advisors think the trend will continue. With the economy sluggish, investors will gravitate to companies with reliable earnings, advisors argue. If you want to emphasize growth, you can buy an ETF like SPDR S&P 500 Growth (SPYG) or Vanguard Growth (VUG)For even more juice in a growth rally, consider a pure fund like Guggenheim S&P 500 Pure Growth (RPG) or iShares Morningstar Large Growth (JKE). "If you decide to bet on growth--and you have a lot of conviction--then pure funds are the way to go," says Matt Hougan, president of ETF analytics for IndexUniverse.com.
Pure funds can deliver extra juice because of their unusual construction. To build growth and value portfolios, conventional funds divide the universe roughly in half. Stocks with faster earnings or higher prices go in the growth basket, while lower-priced shares go into value. But some stocks have a mix of growth and value traits. These blend stocks can be placed in both growth and value funds. The blend group includes such familiar names as Exxon Mobil (XOM - Get Report) and Microsoft (MSFT - Get Report), which are in both SPDR S&P 500 Growth and SPDR S&P 500 Value (SPYV).