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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

MGK vs XLB: how they differ

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

Vanguard Mega Cap Growth Index Fund and State Street(R) Materials Select Sector SPDR(R) ETF.

What they hold in common

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

Positions MGK and XLB both hold, largest shared weight first
HoldingMGKXLB
Ecolab Inc0.42%4.73%
Largest positions each one holds and the other does not
Only in MGKOnly in XLB
NVIDIA Corp 13.29%Linde PLC 14.08%
Apple Inc 12.19%Newmont Corp 5.85%
Microsoft Corp 7.52%Freeport-McMoRan Inc 5.31%
Alphabet Inc 5.93%Corteva Inc 4.97%
Alphabet Inc 4.67%Sherwin-Williams Co/The 4.95%
Amazon.com Inc 4.47%Vulcan Materials Co 4.72%
Broadcom Inc 4.28%CRH PLC 4.67%
Meta Platforms Inc 4.08%Air Products and Chemicals Inc 4.63%

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.

MGK and XLB on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
MGK
Vanguard Mega Cap Growth Index Fund
XLB
State Street(R) Materials Select Sector SPDR(R) ETF
Where it sitsCore index fundCore index fund
IssuerVanguardState Street
What it isMega Cap GrowthMaterials
Total return, 1 year+14.9%+12.0%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−2.6 pts−5.5 pts
Expense ratio0.07%0.08%
Already in the S&P 50099.2%100.0%
Holdings5626

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%.

XLB in plain words

XLB is an index equity fund tracking the Materials. Over the year to Sep 11, 2026 it returned +12.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 26 positions, with the top ten at 58.5%. It sat 5.1% below its high of Aug 26, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, MGK or XLB?
In the year to Sep 12, 2026, with distributions reinvested, MGK returned +14.9% and XLB returned +12.0%, so MGK returned more. One year is one year; the longer windows are in the table.
Which is cheaper, MGK or XLB?
MGK charges 0.07% a year and XLB charges 0.08%, so MGK is cheaper. Fees come from each fund's prospectus.
How much do MGK and XLB overlap with the S&P 500?
By their latest filed holdings, 99% of MGK and 100% of XLB 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.

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

A comparison is not a recommendation. Standards and sources