Vanguard Morningstar Mega Cap Value ETF
$163.48−0.97 (−0.59%)
- 0.05%
- $13.9B
- +24.1%
- 1.87%
- 0.3M sh
- $164.44
- low $135.48high $169.84
The ETF.net MGV Grade
A
Score 79 out of 100
- 1 of 30
Score 79 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.A100 out of 100Rank 1 of 30Mission
Whether the fund did what it promised, tested against its stated mandate.A72 out of 100Rank 14 of 23Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A90 out of 100Rank 1 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C50 out of 100Rank 15 of 30Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B60 out of 100Rank 12 of 30Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A89 out of 100Rank 1 of 30
Our read on MGV
AMost "value" ETFs slide down into mid caps. MGV stays at the very top of the US market and buys the value half of it for five basis points. Vanguard's plain, cheap way to own the old-guard giants.
The ETF seeks to track the Morningstar US Mega Cap Value Index and provides passive, diversified exposure to the largest value stocks in the U.S. market.
Why people hold it
- At 0.05% it is the cheapest fund in its factor peer group, where the median charges 0.28%. It undercuts fellow top-rated peers SIZE (0.15%) and SUSA (0.25%).advisors.vanguard.com
- Launched December 2007, straight into the crash, and now a multi-billion-dollar fund. Long history, quarterly distributions, Vanguard plumbing behind it.
- One of the strongest overall showings in its US factor peer group, built on cost and staying power rather than a clever screen.
Worth knowing
- About 130 names, all mega caps. The biggest holdings carry real weight, and small and mid caps are absent by design.
- It tracks a Morningstar index of the largest US value stocks, so it leaves out the market's growth giants and can move very differently from a total-market fund.advisors.vanguard.com
- Moderately traded rather than a household-name ticker, so limit orders and mid-session trading matter more here than with the very largest index ETFs.
MGV Holdings
- Stocks
- 124
- 29%
- MU
Sectors
- Financials24.2%
- Health Care17.8%
- Technology16.1%
- Industrials12.9%
- Consumer Staples10.5%
- Energy6.4%
- Consumer Discretionary3.6%
- Communication3.4%
- Materials2.4%
- Utilities1.8%
- Real Estate1.0%
Geography
- United States100.00%
MGV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
MGV$12,406
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 | MGV |
|---|---|
| Year to date | +18.2% |
| 1 month | −0.7% |
| 3 months | +1.0% |
| 1 year | +24.1% |
| 3 years | +20.4% |
| 5 years | +13.3% |
| 10 years | +13.0% |
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 | MGV |
|---|---|---|
| 2026 YTD | +18.2% | |
| 2025 | +15.4% | |
| 2024 | +16.9% | |
| 2023 | +9.2% | |
| 2022 | −1.2% | |
| 2021 | +25.9% | |
| 2020 | +2.4% |
MGV in the news
MGV Dividends
- 1.87%
- $3.07
- $0.72 per share
- Quarterly
Distribution history
MGV Risk
- 11.1%
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.
- 1.25
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.
- −16.5%
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.
- 0.66
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
MGV Cost
0.05%
MGV0.05%
- The middle half of US Factor Index funds
- Median 0.30%
No US Factor Index fund charges less.
Other funds in US Factor Index
- AUSCAXtrackers MSCI USA Climate Action Equity ETFExpense ratio 0.07%1 year return +15.7%
- ASIZEiShares MSCI USA Size Factor ETFExpense ratio 0.15%1 year return +15.4%
- ASUSAiShares ESG Optimized MSCI USA ETFExpense ratio 0.25%1 year return +20.4%
- ADXUVU.S. Vector Equity Portfolio ETF Class SharesExpense ratio 0.26%1 year return +21.8%
- BGARPiShares MSCI USA Quality GARP ETFExpense ratio 0.15%1 year return +33.6%