ETF Versus

MGC vs VB

Vanguard Mega Cap Index Fund vs Vanguard Small-Cap Index Fund ETF Shares

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
VB

Vanguard Small-Cap Index Fund ETF Shares (VB) is an exchange-traded fund that provides exposure to small-cap U.S. equities with higher growth potential and volatility. Launched in 2004, the fund has a 22-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 2004-01-30

Quick Verdict

Both funds have delivered similar 1-year returns (17.1% vs 16.5%), tracking closely.

Key Metrics

Metric MGC VB
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%
VB +20.7%

Performance Comparison

Period MGC VB Difference
1 Month -3.61% -3.87% +0.26%
3 Months -5.14% +0.71% -5.85%
6 Months -3.23% +2.02% -5.25%
YTD -5.14% +0.71% -5.85%
1 Year +17.08% +16.54% +0.54%
3 Years +65.68% +39.02% +26.66%
5 Years +65.63% +20.71% +44.92%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period MGC Fees VB 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 VB
Annualized Volatility 17.3% 20.8%
Max Drawdown -26.6% -28.8%
Sharpe Ratio 0.41 0.07

Dividend Comparison

Metric MGC VB
Annual Dividend (per share) $2.42 $3.50
Dividend Yield 1.01% 1.33%
Distribution Frequency Quarterly Quarterly

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