ETF Versus

MGK vs VOO

Vanguard Mega Cap Growth Index Fund vs Vanguard S&P 500 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
VOO

Vanguard S&P 500 ETF (VOO) is an exchange-traded fund that provides exposure to large-cap U.S. equities across growth and value styles. Launched in 2010, the fund has a 16-year track record.

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

Quick Verdict

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

Key Metrics

Metric MGK VOO
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)

75 100 125 150 175 200 2021-04 2022-06 2023-09 2024-12 2026-04
MGK +73.1%
VOO +61.3%

Performance Comparison

Period MGK VOO Difference
1 Month -3.59% -3.74% +0.15%
3 Months -9.52% -4.14% -5.38%
6 Months -8.71% -2.45% -6.26%
YTD -9.52% -4.14% -5.38%
1 Year +18.42% +16.07% +2.35%
3 Years +81.85% +59.52% +22.33%
5 Years +73.14% +61.27% +11.87%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period MGK Fees VOO 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 VOO
Annualized Volatility 22.6% 16.8%
Max Drawdown -36.4% -25.4%
Sharpe Ratio 0.40 0.39

Dividend Comparison

Metric MGK VOO
Annual Dividend (per share) $1.43 $7.13
Dividend Yield 0.39% 1.18%
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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