FELG vs MGK: Differences, Returns & Fees
FELG and MGK hold 65% of their weight in the same names, and MGK returned +11.9% over the year. Net assets on Sep 30, 2026: $5.8bn for Fidelity Enhanced Large Cap Growth ETF and $34.9bn for Vanguard Morningstar Mega Cap Growth ETF.
MGK costs 0.13 points a year less; their one-year returns differ by 5.1 points; MGK is 6.0 times larger.
| FELG | MGK | |
|---|---|---|
| Expense ratio | 0.18% | 0.05% |
| Net assets, as of Sep 30, 2026 | $5.8bn | $34.9bn |
| Total return, 1 year | +6.8% | +11.9% |
| What it tracks | No index, actively managed | Morningstar US Mega Cap Growth Index |
| Holdings in common | 65% | |
| Top ten holdings, share of the fund | 54.6% | 64.5% |
| Below its high | 5.2%, high on Oct 6, 2026 | 4.5%, high on Oct 6, 2026 |
Holdings in common uses holdings dated Jun 30, 2026 and Sep 30, 2026.
FELG and MGK are built for the same job. How do they differ in cost, holdings and results?
- What each follows. FELG follows No index, actively managed and MGK follows Morningstar US Mega Cap Growth Index.
- One-year total return. Over 1 year to Oct 20, 2026 FELG returned +6.8% and MGK +11.9% with distributions reinvested, a gap of 5.1 points.
- Cost. FELG charges 0.18% of assets a year and MGK 0.05%, a gap of 0.13 points.
Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.
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What they hold in common
By the books each fund has filed, FELG and MGK hold 65% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Sep 30, 2026.
half
65% in common
On the same fields
FELG and MGK on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.
About FELG
FELG is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +6.8% with distributions reinvested. The prospectus expense ratio is 0.18% a year. By its holdings filed for Jun 30, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 142 positions, with the top ten at 54.6%. It sat 5.2% below its high of Oct 6, 2026 on Oct 20, 2026.
About MGK
MGK tracks an index of Mega Cap Growth. Over the year to Oct 20, 2026 it returned +11.9% 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 4.5% below its high of Oct 6, 2026 on Oct 20, 2026.
Questions people ask
- Which returned more over the last year, FELG or MGK?
- In the year to Oct 20, 2026, with distributions reinvested, FELG returned +6.8% and MGK +11.9%.
- Which is cheaper, FELG or MGK?
- MGK is cheaper, by 0.13 percentage points a year. That is about $13 on $10,000 held for a year. Fees come from each fund's prospectus.
ETFIQ links to the documents behind every figure; a link is not an endorsement. 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.
Cite this pageCitation, APA and Markdown
ETFIQ, FELG against MGK, data as of Oct 20, 2026. https://etfiq.com/compare/any/felg-vs-mgk
ETFIQ. (Oct 20, 2026). FELG against MGK. Retrieved from https://etfiq.com/compare/any/felg-vs-mgk
[FELG against MGK (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/any/felg-vs-mgk)
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