Vanguard Morningstar Mega Cap ETF
$284.79−2.02 (−0.71%)
- Expense ratio
- 0.05%
- Fund size
- $10.9B
- 1Y return
- +18.0%
- Yield · Last 12 months
- 0.88%
- Holdings
- 189
- Volume · 30D
- 0.1M sh
- NAV per share
- $286.76
- 52W range
The ETF.net MGC Grade
Score 76 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 88Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 50Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 53Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 58Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 78Category rank
Our read on MGC
AMega cap without the guesswork. MGC owns roughly 190 of the largest US companies for 0.05% a year, a fraction of what most rivals in its aisle charge, and has run that way since 2007.
The fund seeks to track the CRSP US Mega Cap Index and provide diversified exposure to the largest U.S. stocks through passive full replication.
Why people hold it
- 0.05% a year, against 0.20% at the two iShares mega-cap options (OEF, TOPT) and 0.47% at SIXA. Same neighborhood of stocks, much smaller toll.
- Roughly 190 names versus 100 in OEF and 20 in TOPT: the widest net in the mega-cap group, without wandering into mid or small caps.
- No engineering to decode. It buys the CRSP US Mega Cap Index outright, full replication, and has tracked that index about as tightly as an index fund can.
- Trading since 2007 and now a multi-billion-dollar fund, it sits among the strongest implementations in its mega-cap peer group.
Worth knowing
- Giants only, by design. No mid or small caps, so the mix leans wherever the biggest US companies happen to cluster.
- Moderately traded rather than one of the tape's busiest tickers, so spreads can run a touch wider than the largest broad-market funds.
- Distributions land quarterly, not monthly.
MGC Holdings
- Stocks
- 189
- 45%
- NVDA
Sectors
- Technology41.6%
- Financials12.1%
- Communication11.5%
- Health Care9.4%
- Consumer Discr.9.2%
- Industrials6.5%
- Cons. Staples4.5%
- Energy2.5%
- Materials1.0%
- Real Estate0.9%
- Utilities0.8%
Geography
- United States98.16%
- Ireland1.03%
- United Kingdom0.42%
- Switzerland0.22%
- Singapore0.17%
MGC Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | MGC |
|---|---|
| Year to date | +14.8% |
| 1 month | +2.4% |
| 3 months | +5.3% |
| 1 year | +18.0% |
| 3 years | +24.6% |
| 5 years | +14.4% |
| 10 years | +16.3% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | MGC |
|---|---|---|
| 2026 YTD | +14.8% | |
| 2025 | +19.3% | |
| 2024 | +27.2% | |
| 2023 | +29.8% | |
| 2022 | −20.0% | |
| 2021 | +27.6% | |
| 2020 | +21.5% |
MGC in the news
ETF.net Research hasn’t filed on MGC yet — coverage lands here as it’s written.
MGC Dividends
- 0.88%
- $2.52
- $0.65 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 26, 2026 | Jun 30, 2026 | $0.65 |
| Mar 27, 2026 | Mar 31, 2026 | $0.69 |
| Dec 22, 2025 | Dec 24, 2025 | $0.60 |
| Sep 29, 2025 | Oct 1, 2025 | $0.58 |
| Jun 30, 2025 | Jul 2, 2025 | $0.55 |
| Mar 27, 2025 | Mar 31, 2025 | $0.60 |
| Dec 23, 2024 | Dec 26, 2024 | $0.63 |
| Sep 26, 2024 | Sep 30, 2024 | $0.62 |
| Jun 27, 2024 | Jul 1, 2024 | $0.62 |
| Mar 21, 2024 | Mar 26, 2024 | $0.58 |
| Dec 21, 2023 | Dec 27, 2023 | $0.67 |
| Sep 21, 2023 | Sep 26, 2023 | $0.57 |
MGC Risk
- 13.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.23
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −25.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.03
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MGC Cost
- The middle half of US Mega-Cap funds
- Median 0.17%
No US Mega-Cap fund charges less.