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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

JAAA vs MGK: how they differ

JAAA and MGK hold 0% of their weight in the same names, and MGK returned more over the year.

Janus Henderson AAA CLO ETF and Vanguard Mega Cap Growth Index Fund.

What they hold in common

By the books each fund has filed, JAAA and MGK hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in JAAAOnly in MGK
KKR CLO 35 Ltd. 0.96%NVIDIA Corp 13.29%
AB BSL CLO 1 Ltd. 0.88%Apple Inc 12.19%
Anchorage Capital CLO 16 Ltd. 0.82%Microsoft Corp 7.52%
Anchorage Capital CLO 17 Ltd. 0.80%Alphabet Inc 5.93%
Carlyle US CLO Ltd. 0.70%Alphabet Inc 4.67%
Carlyle US CLO Ltd. 0.67%Amazon.com Inc 4.47%
Regatta XIX Funding Ltd. 0.67%Broadcom Inc 4.28%
Magnetite XXXII Ltd. 0.67%Meta Platforms Inc 4.08%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.

JAAA and MGK on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
JAAA
Janus Henderson AAA CLO ETF
MGK
Vanguard Mega Cap Growth Index Fund
Where it sitsCore index fundCore index fund
IssuerJanusVanguard
What it isHenderson AAA CLOMega Cap Growth
Total return, 1 year+4.9%+14.9%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−12.6 pts−2.6 pts
Expense ratio0.20%0.07%
Already in the S&P 5000.0%99.2%
Holdings60056

JAAA in plain words

JAAA is an index equity fund tracking the Henderson AAA CLO. Over the year to Sep 11, 2026 it returned +4.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.20% a year. By its holdings filed for Apr 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 600 positions, with the top ten at 7.5%.

MGK in plain words

MGK is an index equity fund tracking the Mega Cap Growth. Over the year to Sep 11, 2026 it returned +14.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.07% a year. By its holdings filed for Jun 30, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 56 positions, with the top ten at 63.8%.

Questions people ask

Which returned more over the last year, JAAA or MGK?
In the year to Sep 12, 2026, with distributions reinvested, JAAA returned +4.9% and MGK returned +14.9%, so MGK returned more. One year is one year; the longer windows are in the table.
Which is cheaper, JAAA or MGK?
JAAA charges 0.20% a year and MGK charges 0.07%, so MGK is cheaper. Fees come from each fund's prospectus.
How much do JAAA and MGK overlap with the S&P 500?
By their latest filed holdings, 0% of JAAA and 99% of MGK by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

JAAA against MGK, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, JAAA against MGK, data as of Sep 12, 2026. https://etfiq.com/compare/any/JAAA-MGK Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources