ETF Versus

MGC vs VONV

Vanguard Mega Cap Index Fund vs Vanguard Russell 1000 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
VONV

Vanguard Russell 1000 Value Index Fund ETF Shares (VONV) is an exchange-traded fund that provides exposure to large-cap U.S. value stocks trading at below-market valuations. 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

MGC has edged ahead over the past year (17.1% vs 13.5%).

Key Metrics

Metric MGC VONV
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 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%
VONV +39.4%

Performance Comparison

Period MGC VONV Difference
1 Month -3.61% -3.32% -0.29%
3 Months -5.14% +1.28% -6.42%
6 Months -3.23% +4.67% -7.90%
YTD -5.14% +1.28% -6.42%
1 Year +17.08% +13.48% +3.60%
3 Years +65.68% +40.36% +25.32%
5 Years +65.63% +39.42% +26.21%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period MGC Fees VONV 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 VONV
Annualized Volatility 17.3% 14.8%
Max Drawdown -26.6% -20.2%
Sharpe Ratio 0.41 0.22

Dividend Comparison

Metric MGC VONV
Annual Dividend (per share) $2.42 $1.71
Dividend Yield 1.01% 1.81%
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.

Related Comparisons

IJR vs MGC IJR vs VONV ITOT vs MGC ITOT vs VONV IVV vs MGC IVV vs VONV IWD vs MGC IWD vs VONV