ETF Versus

MGC vs VONG

Vanguard Mega Cap Index Fund vs Vanguard Russell 1000 Growth 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
VONG

Vanguard Russell 1000 Growth Index Fund ETF Shares (VONG) is an exchange-traded fund that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. Launched in 2010, the fund has a 16-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 2010-09-22

Quick Verdict

Both funds have delivered similar 1-year returns (17.1% vs 17.2%), tracking closely.

Key Metrics

Metric MGC VONG
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)

80 103 126 149 172 195 2021-04 2022-06 2023-09 2024-12 2026-04
MGC +65.6%
VONG +71.4%

Performance Comparison

Period MGC VONG Difference
1 Month -3.61% -4.15% +0.54%
3 Months -5.14% -8.85% +3.71%
6 Months -3.23% -9.02% +5.79%
YTD -5.14% -8.85% +3.71%
1 Year +17.08% +17.23% -0.15%
3 Years +65.68% +75.87% -10.19%
5 Years +65.63% +71.39% -5.76%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period MGC Fees VONG 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 VONG
Annualized Volatility 17.3% 21.3%
Max Drawdown -26.6% -33.2%
Sharpe Ratio 0.41 0.40

Dividend Comparison

Metric MGC VONG
Annual Dividend (per share) $2.42 $0.56
Dividend Yield 1.01% 0.50%
Distribution Frequency Quarterly Quarterly

Related Comparisons

IJR vs MGC IJR vs VONG ITOT vs MGC ITOT vs VONG IVV vs MGC IVV vs VONG IWD vs MGC IWD vs VONG