The Vanguard Mega Cap Growth ETF (MGK) aims to replicate the performance of the CRSP US Mega Cap Growth Index. It achieves this through a passively managed, full-replication strategy, meaning it invests in all constituents of the index. This provides investors with a straightforward and diversified avenue to gain exposure to the largest, growth-oriented companies within the U.S. market. For 75% of its total assets, specific investment limitations are in place: the fund is generally prohibited from acquiring more than 10% of the outstanding voting shares of any single company. Additionally, it typically cannot invest more than 5% of its total assets in the securities of any one issuer, unless necessary to closely align the portfolio with the target index's composition. These limitations do not, however, extend to obligations issued by the U.S. government or its associated agencies and instrumentalities.
Holdings and distributions sourced from Vanguard fund filingsupdated daily
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Dividends
Full historyIs MGK a good investment?
MGK is an equity ETF that provides exposure to technology companies. It holds approximately 69 securities and charges an annual expense ratio of 0.05%. Technology makes up 59% of the portfolio, so performance leans heavily on that sector.
Strengths
- Low 0.05% expense ratio, equal to approximately $5.00 a year on every $10,000 invested
- Dividend has grown ~2% annually over the past decade
- Spread across 69 holdings, the largest just 14.3% of the fund
- Five-year total return of +93.6% has outperformed the S&P 500's +87.2%
Trade-offs
- One-year total return of +14.6% has trailed the S&P 500's +16.3%
- Technology is 59% of the fund, so sector shifts move it
- Higher volatility (beta 1.28) than the broad market
- Yield of 0.32% is below dedicated income funds
This is an analysis of the fund's characteristics, not a recommendation. Whether MGK suits any individual depends on their goals, time horizon, risk tolerance and the rest of their portfolio.
Performance & returns
Full performance| Price return | YTD | 1 year | 3 year | 5 year | 10 year | Since incept. |
|---|---|---|---|---|---|---|
| MGK | +10.1% | +14.2% | +91.8% | +88.9% | +424.5% | +799.9% |
| S&P 500 (SPY) | +11.7% | +15.0% | +71.7% | +75.5% | +256.9% | — |
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Type =WISE("MGK","dividend yield","ttm") or =WISEFUNDS("MGK","expense ratio") in Excel or Google Sheets and the fund's data lands in your sheet, ready to be refreshed when you want.
Get The Add-in - FreeMGK frequently asked questions
MGK charges a 0.05% expense ratio, yields 0.32% and has grown its distribution roughly 2% a year over the past decade. Whether it suits any individual depends on their goals, time horizon, risk tolerance and the rest of their portfolio, and this is not investment advice.
MGK has an expense ratio of 0.05%, which works out to $5.00 per year on a $10,000 investment. That is at the low end for an ETF, so more of the return stays with the investor.
MGK pays dividends quarterly, four times a year. Its distribution has grown roughly 2% per year over the past decade. See the full payment history and ex-dates.
MGK holds 69 positions. Its largest sectors are technology, communication services, consumer cyclical and healthcare. The largest position is NVIDIA at 14.3% of the fund. See the full holdings page for the largest positions and sector weights.