Vanguard Morningstar Mega Cap Value ETF
$164.38−0.50 (−0.30%)
- Expense ratio
- 0.05%
- Fund size
- $13.9B
- 1Y return
- +22.4%
- Yield · Last 12 months
- 1.85%
- Holdings
- 127
- Volume · 30D
- 0.2M sh
- NAV per share
- $164.93
- 52W range
The ETF.net MGV Grade
Score 78 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 100Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 72Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 85Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 51Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 60Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 88Category rank
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
- 127
- 29%
- MU
Sectors
- Financials24.2%
- Health Care17.8%
- Technology16.1%
- Industrials12.9%
- Cons. Staples10.5%
- Energy6.4%
- Consumer Discr.3.6%
- Communication3.4%
- Materials2.4%
- Utilities1.8%
- Real Estate1.0%
Geography
- United States95.79%
- Ireland2.61%
- United Kingdom1.05%
- Switzerland0.55%
MGV 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 | MGV |
|---|---|
| Year to date | +18.0% |
| 1 month | −2.0% |
| 3 months | +1.0% |
| 1 year | +22.4% |
| 3 years | +19.5% |
| 5 years | +13.4% |
| 10 years | +12.9% |
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 | +18.0% | |
| 2025 | +15.4% | |
| 2024 | +16.9% | |
| 2023 | +9.2% | |
| 2022 | −1.2% | |
| 2021 | +25.9% | |
| 2020 | +2.4% |
MGV in the news
ETF.net Research hasn’t filed on MGV yet — coverage lands here as it’s written.
MGV Dividends
- 1.85%
- $3.05
- $0.73 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 26, 2026 | Jun 30, 2026 | $0.73 |
| Mar 27, 2026 | Mar 31, 2026 | $0.79 |
| Dec 22, 2025 | Dec 24, 2025 | $0.82 |
| Sep 29, 2025 | Oct 1, 2025 | $0.70 |
| Jun 30, 2025 | Jul 2, 2025 | $0.68 |
| Mar 27, 2025 | Mar 31, 2025 | $0.68 |
| Dec 23, 2024 | Dec 26, 2024 | $0.72 |
| Sep 26, 2024 | Sep 30, 2024 | $0.72 |
| Jun 27, 2024 | Jul 1, 2024 | $0.73 |
| Mar 21, 2024 | Mar 26, 2024 | $0.70 |
| Dec 21, 2023 | Dec 27, 2023 | $0.77 |
| Sep 21, 2023 | Sep 26, 2023 | $0.68 |
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.
- 0.65
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
- The middle half of US Factor Index funds
- Median 0.30%
No US Factor Index fund charges less.