ETF Versus

MGC vs SCHA

Vanguard Mega Cap Index Fund vs Schwab U.S. Small-Cap ETF

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
SCHA

Schwab U.S. Small-Cap ETF (SCHA) is an exchange-traded fund that provides exposure to small-cap U.S. equities with higher growth potential and volatility. Launched in 2009, the fund has a 17-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 2009-11-03

Quick Verdict

Over the past year, SCHA has significantly outperformed with a 23.1% return vs 17.1%.

Key Metrics

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

Performance Chart

Indexed to 100 at start (5-year comparison)

75 96 117 138 159 180 2021-04 2022-06 2023-09 2024-12 2026-04
MGC +65.6%
SCHA +15.6%

Performance Comparison

Period MGC SCHA Difference
1 Month -3.61% -2.75% -0.86%
3 Months -5.14% +1.91% -7.05%
6 Months -3.23% +3.60% -6.83%
YTD -5.14% +1.91% -7.05%
1 Year +17.08% +23.11% -6.03%
3 Years +65.68% +40.06% +25.62%
5 Years +65.63% +15.59% +50.04%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period MGC Fees SCHA 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 SCHA
Annualized Volatility 17.3% 22.0%
Max Drawdown -26.6% -31.6%
Sharpe Ratio 0.41 0.04

Dividend Comparison

Metric MGC SCHA
Annual Dividend (per share) $2.42 $0.34
Dividend Yield 1.01% 1.16%
Distribution Frequency Quarterly Quarterly

Which One Should You Choose?

Choose SCHA if...

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

Related Comparisons

IJR vs MGC IJR vs SCHA ITOT vs MGC ITOT vs SCHA IVV vs MGC IVV vs SCHA IWD vs MGC IWD vs SCHA