Price vs Value
Vanguard showed a 1.94% discount on an energy fund that closed two cents above its value
Vanguard Morningstar Mega Cap Growth ETF
$94.19+0.12 (+0.12%)
- 0.05%
- $33.7B
- +19.5%
- 0.32%
- 1.4M sh
- $94.05
- low $63.74high $95.53
The ETF.net MGK Grade
B
Score 69 out of 100
- 9 of 35
Score 69 of 100 falls in the B 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.A79 out of 100Rank 5 of 35Mission
Whether the fund did what it promised, tested against its stated mandate.A99 out of 100Rank 7 of 32Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C43 out of 100Rank 20 of 35Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C53 out of 100Rank 14 of 35Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F23 out of 100Rank 35 of 35Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A79 out of 100Rank 7 of 35
Our read on MGK
BThe growth half of America's giants, roughly 70 names, for five basis points. Vanguard has run it since 2007, and it charges a quarter of what the typical mega-cap fund does.
Seeks to track a benchmark measuring the return of large-capitalization growth stocks in the United States. The fund uses passive indexing to track the CRSP US Mega Cap Growth Index.
Why people hold it
- 0.05% a year against a 0.20% median in its mega-cap peer group. Only Vanguard's own MGC matches that price.
- Tracks the CRSP US Mega Cap Growth Index about as tightly as index funds get, one of the strongest implementations in its cohort.
- The index takes the growth side of the top 70% of US market cap and moves names between size bands gradually, which keeps turnover down.crsp.orgcrsp.org
- Listed in December 2007 and now a multi-billion-dollar fund that trades actively, which usually shows up as tight spreads.
Worth knowing
- About 70 stocks, weighted by float-adjusted market cap. The handful at the top set the tone for the whole fund.crsp.org
- Growth only. Value-leaning mega caps sit outside the index; sibling MGC holds the full mega-cap slice at the same 0.05%.
- Distributions land quarterly, but a mega-cap growth mandate means income is a byproduct, not the job.
MGK Holdings
- Stocks
- 59
- 67%
- NVDA
Sectors
- Technology60.1%
- Communication15.6%
- Consumer Discretionary11.0%
- Health Care4.8%
- Financials4.4%
- Industrials2.3%
- Real Estate1.2%
- Materials0.4%
- Consumer Staples0.4%
Geography
- United States100.00%
MGK Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
MGK$11,954
Returns run to the Oct 12, 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 | MGK |
|---|---|
| Year to date | +14.3% |
| 1 month | +4.7% |
| 3 months | +5.7% |
| 1 year | +19.5% |
| 3 years | +26.5% |
| 5 years | +15.3% |
| 10 years | +19.3% |
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 | MGK |
|---|---|---|
| 2026 YTD | +14.3% | |
| 2025 | +20.7% | |
| 2024 | +32.9% | |
| 2023 | +51.7% | |
| 2022 | −33.6% | |
| 2021 | +28.6% | |
| 2020 | +41.0% |
MGK in the news
MGK Dividends
- 0.32%
- $0.30
- $0.08 per share
- Quarterly
Distribution history
MGK Risk
- 17.3%
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.
- 1.24
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.
- −36.0%
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.
- 1.27
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MGK Cost
0.05%
MGK0.05%
- The middle half of US Growth Index funds
- Median 0.18%
4 of the 35 US Growth Index funds charge less.
Other funds in US Growth Index
- BISCGiShares Morningstar Small-Cap Growth ETFExpense ratio 0.06%1 year return +15.5%
- BIVWiShares S&P 500 Growth ETFExpense ratio 0.18%1 year return +22.7%
- BVOOGVanguard S&P 500 Growth ETFExpense ratio 0.07%1 year return +22.8%
- BIWFiShares Russell 1000 Growth ETFExpense ratio 0.18%1 year return +11.1%
- BVTWGVanguard Russell 2000 Growth ETFExpense ratio 0.06%1 year return +12.3%