Data as of Oct 28, 2026.
FBCG vs MGK: Differences, Returns & Fees
Over the year to Oct 28, 2026, FBCG returned +9.5% to MGK's +7.8%; 57% of their weight is in the same names.
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Net assets on Sep 30, 2026: $7.6bn for Fidelity Blue Chip Growth ETF and $34.9bn for Vanguard Morningstar Mega Cap Growth ETF.
Pair scorecard
MGK costs 0.52 points a year less; their one-year returns differ by 1.7 points; MGK is 4.6 times larger.
| Measure | FBCG | MGK |
|---|---|---|
| Return | ||
| Total return, 1 year | +9.5% | +7.8% |
| Drawdown | ||
| Below its high | 5.7%, high on Oct 6, 2026 | 4.4%, high on Oct 6, 2026 |
| Benchmark | ||
| What it tracks | No index, actively managed | Morningstar US Mega Cap Growth Index |
| Cost and size | ||
| Expense ratio | 0.57% | 0.05% |
| Net assets, as of Sep 30, 2026 | $7.6bn | $34.9bn |
| Holdings | ||
| Holdings in common | 57% | |
| Top ten holdings, share of the fund | 57.2% | 64.5% |
Holdings in common uses holdings dated Jul 31, 2026 and Sep 30, 2026. Method
Risk and return
Jun 12, 2020 to Oct 23, 2026 · 332 weekly returnsFBCG returned slightly more: +197.7% to +192.0%. MGK swung less: 21.2% to 23.9%. MGK fell less at its worst: −35.2% to −42.6%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | FBCG | MGK | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +197.7% | +192.0% | FBCG (slight) | Price change plus distributions, reinvested. |
| Annualized | +18.6% | +18.3% | Tie | Total return as a yearly rate. |
| Price return | +197.2% | +182.4% | FBCG (slight) | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 23.9% | 21.2% | MGK | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 15.5% | 13.7% | MGK | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −42.6% | −35.2% | MGK | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.71 | 0.75 | MGK (slight) | Return above Treasury bills per unit of volatility. |
| Sortino | 1.09 | 1.17 | MGK (slight) | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.44 | 0.52 | MGK | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 332 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, FBCG and MGK hold 57% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Sep 30, 2026.
half
57% in common
Only in one fund ↓
Side by side
FBCG and MGK on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
FBCG and MGK are built for the same job. How do they differ in cost, holdings and results?
- What each follows. FBCG follows No index, actively managed and MGK follows Morningstar US Mega Cap Growth Index.
- Number of holdings. FBCG holds 230 positions and MGK holds 54.
- Cost. FBCG charges 0.57% of assets a year and MGK 0.05%, a gap of 0.52 points.
Data as of Oct 28, 2026.
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FBCG
FBCG is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +9.5% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.57% a year. By its holdings filed for Jul 31, 2026, 85% of the fund by weight is stocks the S&P 500 also holds, across 230 positions, with the top ten at 57.2%. It sat 5.7% below its high of Oct 6, 2026 on Oct 28, 2026.
MGK
MGK tracks an index of Mega Cap Growth. Over the year to Oct 28, 2026 it returned +7.8% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 54 positions, with the top ten at 64.5%. It sat 4.4% below its high of Oct 6, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, FBCG or MGK?
- In the year to Oct 28, 2026, with distributions reinvested, FBCG returned +9.5% and MGK +7.8%.
- Which is cheaper, FBCG or MGK?
- MGK is cheaper, by 0.52 percentage points a year. That is about $52 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, FBCG against MGK, data as of Oct 28, 2026. https://etfiq.com/compare/any/fbcg-vs-mgk
ETFIQ. (Oct 28, 2026). FBCG against MGK. Retrieved from https://etfiq.com/compare/any/fbcg-vs-mgk
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