ETF Versus

MGC vs VBR

Vanguard Mega Cap Index Fund vs Vanguard Small-Cap Value 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
VBR

Vanguard Small-Cap Value Index Fund ETF Shares (VBR) is an exchange-traded fund that provides exposure to us small cap value securities. 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

MGC has edged ahead over the past year (17.1% vs 15.0%).

Key Metrics

Metric MGC VBR
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 Value

Performance Chart

Indexed to 100 at start (5-year comparison)

85 104 123 142 161 180 2021-04 2022-06 2023-09 2024-12 2026-04
MGC +65.6%
VBR +29.6%

Performance Comparison

Period MGC VBR Difference
1 Month -3.61% -4.01% +0.40%
3 Months -5.14% +1.73% -6.87%
6 Months -3.23% +3.54% -6.77%
YTD -5.14% +1.73% -6.87%
1 Year +17.08% +15.02% +2.06%
3 Years +65.68% +37.32% +28.36%
5 Years +65.63% +29.61% +36.02%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period MGC Fees VBR 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 VBR
Annualized Volatility 17.3% 19.9%
Max Drawdown -26.6% -25.1%
Sharpe Ratio 0.41 0.14

Dividend Comparison

Metric MGC VBR
Annual Dividend (per share) $2.42 $4.14
Dividend Yield 1.01% 1.90%
Distribution Frequency Quarterly Quarterly

Which One Should You Choose?

Choose MGC if...

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

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