Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
MGK vs QQQ: how they differ
MGK and QQQ hold 62% of their weight in the same names, and QQQ returned more over the year.
Vanguard Mega Cap Growth Index Fund and Invesco QQQ Trust.
What they hold in common
By the books each fund has filed, MGK and QQQ hold 62% of their money in the same securities at the same weight.
| Holding | MGK | QQQ |
|---|---|---|
| NVIDIA Corp | 13.29% | 8.16% |
| Apple Inc | 12.19% | 7.29% |
| Microsoft Corp | 7.52% | 5.32% |
| Amazon.com Inc | 4.47% | 4.62% |
| Alphabet Inc | 5.93% | 3.52% |
| Tesla Inc | 3.93% | 3.46% |
| Broadcom Inc | 4.28% | 3.37% |
| Alphabet Inc | 4.67% | 3.26% |
| Advanced Micro Devices Inc | 3.20% | 3.70% |
| Meta Platforms Inc | 4.08% | 2.97% |
| Lam Research Corp | 1.93% | 1.75% |
| Applied Materials Inc | 1.13% | 1.57% |
| Only in MGK | Only in QQQ |
|---|---|
| Eli Lilly & Co 3.41% | Micron Technology, Inc. 4.80% |
| Visa Inc 1.82% | Walmart Inc. 2.48% |
| Mastercard Inc 1.47% | Cisco Systems, Inc. 2.09% |
| GE Vernova Inc 1.21% | Costco Wholesale Corp. 1.86% |
| Oracle Corp 0.95% | Texas Instruments Inc. 1.22% |
| Corning Inc 0.90% | QUALCOMM Inc. 1.18% |
| Amphenol Corp 0.89% | Linde PLC 1.01% |
| Arista Networks Inc 0.77% | T-Mobile US, Inc. 0.91% |
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 Jun 30, 2026 and May 31, 2026.
| MGK Vanguard Mega Cap Growth Index Fund | QQQ Invesco QQQ Trust | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Vanguard | Invesco |
| What it is | Mega Cap Growth | Nasdaq-100, book from QQQM |
| Total return, 1 year | +14.9% | +23.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −2.6 pts | +5.5 pts |
| Expense ratio | 0.07% | 0.18% |
| Already in the S&P 500 | 99.2% | 96.7% |
| Holdings | 56 | 101 |
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%.
QQQ in plain words
QQQ is an index equity fund tracking the Nasdaq-100. Over the year to Sep 11, 2026 it returned +23.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for May 31, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 101 positions, with the top ten at 47.5%. It sat 4.1% below its high of Jun 2, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, MGK or QQQ?
- In the year to Sep 12, 2026, with distributions reinvested, MGK returned +14.9% and QQQ returned +23.0%, so QQQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, MGK or QQQ?
- MGK charges 0.07% a year and QQQ charges 0.18%, so MGK is cheaper. Fees come from each fund's prospectus.
- How much do MGK and QQQ overlap with the S&P 500?
- By their latest filed holdings, 99% of MGK and 97% of QQQ by weight is stocks the S&P 500 already holds. Between the two funds, 62% 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.
Cite this page. ETFIQ, MGK against QQQ, data as of Sep 12, 2026. https://etfiq.com/compare/any/MGK-QQQ Free to use with attribution; the underlying files are at Open data.
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