Category Review
U.S. aggregate bond funds lost 3.6% in the third quarter and are up 0.2% over 12 months
Vanguard Morningstar Mega Cap ETF
$268.11−12.90 (−4.59%)
- 0.05%
- $10.3B
- +8.4%
- 0.96%
- 87.2K sh
- low $228.37high $289.10
The ETF.net MGC Grade
A
Score 74 out of 100
- 1 of 6
Score 74 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A88 out of 100Rank 1 of 6Mission
Whether the fund did what it promised, tested against its stated mandate.A98 out of 100Rank 2 of 6Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C43 out of 100Rank 3 of 6Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C49 out of 100Rank 4 of 6Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B57 out of 100Rank 3 of 6Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A75 out of 100Rank 2 of 6
Our read on MGC
In short
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.
Stated mandate
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
Worth knowing
MGC Holdings
- Stocks
- 173
- 47%
- NVDA
Sectors
- Technology45.1%
- Communication11.6%
- Financials10.9%
- Health Care9.2%
- Consumer Discretionary8.4%
- Industrials5.7%
- Consumer Staples4.2%
- Energy2.5%
- Materials1.0%
- Real Estate0.9%
- Utilities0.6%
Geography
- United States100.00%
MGC Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
MGC$10,839
Returns run to the Nov 5, 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 | +7.6% |
| 1 month | −6.5% |
| 3 months | −4.7% |
| 1 year | +8.4% |
| 3 years | +21.4% |
| 5 years | +11.4% |
| 10 years | +16.0% |
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 | +7.6% | |
| 2025 | +19.3% | |
| 2024 | +27.2% | |
| 2023 | +29.8% | |
| 2022 | −20.0% | |
| 2021 | +27.6% | |
| 2020 | +21.5% |
MGC in the news
MGC Dividends
- 0.96%
- $2.58
- $0.65 per share
- Quarterly
MGC Risk
- 13.0%
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.
- 1.41
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.
- 1.02
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
MGC Cost
Cheapest in US Mega-Cap
$1,060
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
MGC 0.05%
$1,060
Cost over time
Year by year
| Year | MGC |
|---|---|
| 10 | $92 |
| 20 | $360 |
| 30 | $1,060 |
Other funds in US Mega-Cap
- BUSMCPrincipal U.S. Mega-Cap ETFExpense ratio 0.12%1 year return +5.4%
- BBBLUEA Bridgeway Blue Chip ETFExpense ratio 0.15%1 year return +13.8%
- BOEFiShares S&P 100 ETFExpense ratio 0.20%1 year return +6.6%
- CTOPTiShares Top 20 U.S. Stocks ETFExpense ratio 0.20%1 year return +4.5%
- DSIXAETC 6 Meridian Mega Cap Equity ETFExpense ratio 0.46%1 year return +18.4%
