What is the expense ratio of MGK vs SPY?

MGK has an expense ratio of N/A%, while SPY has an expense ratio of N/A%.

MGK vs SPY

Vanguard Mega Cap Growth Index Fund vs State Street SPDR S&P 500 ETF Trust

Last updated: 2026-04-02

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

SPY

State Street SPDR S&P 500 ETF Trust (SPY) is an exchange-traded fund that provides exposure to large-cap U.S. equities across growth and value styles. Launched in 1993, the fund has a 33-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 1993-01-29

Quick Verdict

MGK has edged ahead over the past year (18.4% vs 16.1%).

Key Metrics

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

Performance Chart

Indexed to 100 at start (5-year comparison)

MGK +73.1%

SPY +61.2%

Performance Comparison

Period	MGK	SPY	Difference
1 Month	-3.59%	-3.69%	+0.10%
3 Months	-9.52%	-4.09%	-5.43%
6 Months	-8.71%	-2.44%	-6.27%
YTD	-9.52%	-4.09%	-5.43%
1 Year	+18.42%	+16.07%	+2.35%
3 Years	+81.85%	+59.45%	+22.40%
5 Years	+73.14%	+61.25%	+11.89%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment	Period	MGK Fees	SPY 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	SPY
Annualized Volatility	22.6%	17.1%
Max Drawdown	-36.4%	-25.4%
Sharpe Ratio	0.40	0.38

Dividend Comparison

Metric	MGK	SPY
Annual Dividend (per share)	$1.43	$7.38
Dividend Yield	0.39%	1.13%
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.

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