ETF Versus

MGK vs SCHB

Vanguard Mega Cap Growth Index Fund vs Schwab U.S. Broad Market 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
SCHB

Schwab U.S. Broad Market ETF (SCHB) is an exchange-traded fund that provides exposure to the total U.S. stock market across all capitalizations. 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

MGK has edged ahead over the past year (18.4% vs 16.3%).

Key Metrics

Metric MGK SCHB
Expense Ratio N/A N/A
Dividend Yield N/A N/A
Fund Family N/A N/A
Category US Large Cap Growth US Total Market

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%
SCHB +53.3%

Performance Comparison

Period MGK SCHB Difference
1 Month -3.59% -3.62% +0.03%
3 Months -9.52% -3.84% -5.68%
6 Months -8.71% -2.43% -6.28%
YTD -9.52% -3.84% -5.68%
1 Year +18.42% +16.27% +2.15%
3 Years +81.85% +58.12% +23.73%
5 Years +73.14% +53.27% +19.87%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period MGK Fees SCHB 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 SCHB
Annualized Volatility 22.6% 17.3%
Max Drawdown -36.4% -26.2%
Sharpe Ratio 0.40 0.32

Dividend Comparison

Metric MGK SCHB
Annual Dividend (per share) $1.43 $0.30
Dividend Yield 0.39% 1.17%
Distribution Frequency Quarterly Quarterly

Which One Should You Choose?

Choose MGK if...

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

Related Comparisons

IJR vs MGK IJR vs SCHB ITOT vs MGK ITOT vs SCHB IVV vs MGK IVV vs SCHB IWD vs MGK IWD vs SCHB