ETF Versus

MGC vs SCHB

Vanguard Mega Cap Index Fund vs Schwab U.S. Broad Market 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
SCHB

Schwab U.S. Broad Market ETF (SCHB) is an exchange-traded fund that provides exposure to the total U.S. stock market across all capitalizations. 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

Both funds have delivered similar 1-year returns (17.1% vs 16.3%), tracking closely.

Key Metrics

Metric MGC SCHB
Expense Ratio N/A N/A
Dividend Yield N/A N/A
Fund Family N/A N/A
Category US Large Cap Blend US Total Market

Performance Chart

Indexed to 100 at start (5-year comparison)

80 100 120 140 160 180 2021-04 2022-06 2023-09 2024-12 2026-04
MGC +65.6%
SCHB +53.3%

Performance Comparison

Period MGC SCHB Difference
1 Month -3.61% -3.62% +0.01%
3 Months -5.14% -3.84% -1.30%
6 Months -3.23% -2.43% -0.80%
YTD -5.14% -3.84% -1.30%
1 Year +17.08% +16.27% +0.81%
3 Years +65.68% +58.12% +7.56%
5 Years +65.63% +53.27% +12.36%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period MGC Fees SCHB 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 SCHB
Annualized Volatility 17.3% 17.3%
Max Drawdown -26.6% -26.2%
Sharpe Ratio 0.41 0.32

Dividend Comparison

Metric MGC SCHB
Annual Dividend (per share) $2.42 $0.30
Dividend Yield 1.01% 1.17%
Distribution Frequency Quarterly Quarterly

Related Comparisons

IJR vs MGC IJR vs SCHB ITOT vs MGC ITOT vs SCHB IVV vs MGC IVV vs SCHB IWD vs MGC IWD vs SCHB