ETF Versus

MGC vs MGK

Vanguard Mega Cap Index Fund vs Vanguard Mega Cap Growth Index Fund

Last updated: 2026-04-02

MGC

Vanguard Mega Cap Index Fund (MGC) is an exchange-traded fund that provides exposure to large-cap U.S. equities across growth and value styles. Launched in 2007, the fund has a 19-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 2007-12-27
MGK

Vanguard Mega Cap Growth Index Fund (MGK) is an exchange-traded fund that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. Launched in 2007, the fund has a 19-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 2007-12-27

Quick Verdict

MGK has edged ahead over the past year (18.4% vs 17.1%).

Key Metrics

Metric MGC MGK
Expense Ratio N/A N/A
Dividend Yield N/A N/A
Fund Family N/A N/A
Category US Large Cap Blend US Large Cap Growth

Performance Chart

Indexed to 100 at start (5-year comparison)

75 100 125 150 175 200 2021-04 2022-06 2023-09 2024-12 2026-04
MGC +65.6%
MGK +73.1%

Performance Comparison

Period MGC MGK Difference
1 Month -3.61% -3.59% -0.02%
3 Months -5.14% -9.52% +4.38%
6 Months -3.23% -8.71% +5.48%
YTD -5.14% -9.52% +4.38%
1 Year +17.08% +18.42% -1.34%
3 Years +65.68% +81.85% -16.17%
5 Years +65.63% +73.14% -7.51%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period MGC Fees MGK Fees You Save
$10,000 10 years $0 $0 $0
$10,000 20 years $0 $0 $0
$10,000 30 years $0 $0 $0
$50,000 10 years $0 $0 $0
$50,000 30 years $0 $0 $0
$100,000 30 years $0 $0 $0

Risk Metrics

Based on 5 years of daily returns

Metric MGC MGK
Annualized Volatility 17.3% 22.6%
Max Drawdown -26.6% -36.4%
Sharpe Ratio 0.41 0.40

Dividend Comparison

Metric MGC MGK
Annual Dividend (per share) $2.42 $1.43
Dividend Yield 1.01% 0.39%
Distribution Frequency Quarterly Quarterly

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