ETF Versus

MGK vs SCHA

Vanguard Mega Cap Growth Index Fund vs Schwab U.S. Small-Cap ETF

Last updated: 2026-04-02

MGK

Vanguard Mega Cap Growth Index Fund (MGK) is an exchange-traded fund that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. Launched in 2007, the fund has a 19-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 2007-12-27
SCHA

Schwab U.S. Small-Cap ETF (SCHA) is an exchange-traded fund that provides exposure to small-cap U.S. equities with higher growth potential and volatility. 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

SCHA has edged ahead over the past year (23.1% vs 18.4%).

Key Metrics

Metric MGK SCHA
Expense Ratio N/A N/A
Dividend Yield N/A N/A
Fund Family N/A N/A
Category US Large Cap Growth US Small Cap

Performance Chart

Indexed to 100 at start (5-year comparison)

75 100 125 150 175 200 2021-04 2022-06 2023-09 2024-12 2026-04
MGK +73.1%
SCHA +15.6%

Performance Comparison

Period MGK SCHA Difference
1 Month -3.59% -2.75% -0.84%
3 Months -9.52% +1.91% -11.43%
6 Months -8.71% +3.60% -12.31%
YTD -9.52% +1.91% -11.43%
1 Year +18.42% +23.11% -4.69%
3 Years +81.85% +40.06% +41.79%
5 Years +73.14% +15.59% +57.55%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period MGK Fees SCHA 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 MGK SCHA
Annualized Volatility 22.6% 22.0%
Max Drawdown -36.4% -31.6%
Sharpe Ratio 0.40 0.04

Dividend Comparison

Metric MGK SCHA
Annual Dividend (per share) $1.43 $0.34
Dividend Yield 0.39% 1.16%
Distribution Frequency Quarterly Quarterly

Which One Should You Choose?

Choose SCHA if...

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

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