ETF Versus

MGC vs QQQ

Vanguard Mega Cap Index Fund vs Invesco QQQ Trust

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
QQQ

Invesco QQQ Trust (QQQ) is an exchange-traded fund that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. Launched in 1999, the fund has a 27-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 1999-03-10

Quick Verdict

Over the past year, QQQ has significantly outperformed with a 22.7% return vs 17.1%.

Key Metrics

Metric MGC QQQ
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 99 123 147 171 195 2021-04 2022-06 2023-09 2024-12 2026-04
MGC +65.6%
QQQ +76.5%

Performance Comparison

Period MGC QQQ Difference
1 Month -3.61% -2.87% -0.74%
3 Months -5.14% -4.70% -0.44%
6 Months -3.23% -3.85% +0.62%
YTD -5.14% -4.70% -0.44%
1 Year +17.08% +22.72% -5.64%
3 Years +65.68% +82.51% -16.83%
5 Years +65.63% +76.50% -10.87%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period MGC Fees QQQ 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 QQQ
Annualized Volatility 17.3% 22.4%
Max Drawdown -26.6% -35.6%
Sharpe Ratio 0.41 0.42

Dividend Comparison

Metric MGC QQQ
Annual Dividend (per share) $2.42 $2.81
Dividend Yield 1.01% 0.48%
Distribution Frequency Quarterly Quarterly

Which One Should You Choose?

Choose QQQ if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

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