MGC vs SCHB: Differences, Returns & Fees

MGC and SCHB hold 73% of their weight in the same names, and MGC returned +18.0% over the year. Net assets: $10.3bn on Sep 30, 2026 for Vanguard Morningstar Mega Cap ETF, and $43.3bn on May 31, 2026 for Schwab U.S. Broad Market ETF.

SCHB costs 0.02 points a year less; their one-year returns differ by 1.2 points; SCHB is 4.0 times larger.

MGC vs SCHB: Differences, Returns & Fees
MGCSCHB
Expense ratio0.05%0.03%
Net assets, as of May 31, 2026$10.8bn$43.3bn
Total return, 1 year+18.0%+16.8%
What it tracksCRSP US Mega Cap IndexDow Jones U.S. Broad Stock Market Index
Holdings in common73%
Top ten holdings, share of the fund45.4%34.9%

Holdings in common uses holdings dated May 31, 2026 and Aug 31, 2026.

+18.0%
MGC total return, 1 year
+16.8%
SCHB total return, 1 year
0.05%
MGC expense ratio
0.03%
SCHB expense ratio

What they hold in common

By the books each fund has filed, MGC and SCHB hold 73% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Aug 31, 2026.

half

73% in common

Positions both hold, largest shared weight first
Holding MGC SCHB
NVIDIA Corp 9.33% 7.02%
Apple Inc 8.55% 6.26%
Microsoft Corp 6.93% 4.57%
Amazon.com Inc 4.62% 3.62%
Alphabet Inc 3.66% 3.03%
Broadcom Inc 3.22% 2.90%
Alphabet Inc 2.88% 2.41%
Meta Platforms Inc 2.31% 1.89%
Tesla Inc 1.91% 1.68%
Micron Technology Inc 1.99% 1.49%
Eli Lilly & Co 1.80% 1.20%
Berkshire Hathaway Inc 1.61% 1.19%
Only in MGC
ExxonMobil Holdings Corp 1.23%
Space Exploration Technologies Corp 0.16%
Honeywell International Inc 0.12%
Berkshire Hathaway Inc 0.11%
MKTLIQ 0.10%
Honeywell Aerospace Inc 0.09%
SLBBH1142 0.00%
Only in SCHB
Exxon Mobil Corp 0.83%
Honeywell International Inc 0.21%
Vertiv Holdings Co 0.17%
Quanta Services Inc 0.14%
Howmet Aerospace Inc 0.14%
Constellation Energy Corp 0.12%
Cummins Inc 0.12%
Ciena Corp 0.11%

Check overlap with more funds →

On the same fields

MGC
Vanguard Morningstar Mega Cap ETF
SCHB
Schwab U.S. Broad Market ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Tracks an index of US broad market
Total return, 1 year +18.0% +16.8%
Expense ratio 0.05% 0.03%
Already in the S&P 500 99.3% 88.8%
Holdings 174 2405
Net assets, MGC as of Sep 30, 2026 and SCHB as of May 31, 2026 $10.3bn $43.3bn

MGC and SCHB on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About MGC

MGC tracks an index. Over the year to Oct 9, 2026 it returned +18.0% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Aug 31, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 174 positions, with the top ten at 45.4%.

About SCHB

SCHB tracks an index of US broad market. Over the year to Oct 9, 2026 it returned +16.8% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings filed for May 31, 2026, 89% of the fund by weight is stocks the S&P 500 also holds, across 2,405 positions, with the top ten at 34.9%.

Questions people ask

Which returned more over the last year, MGC or SCHB?
In the year to Oct 9, 2026, with distributions reinvested, MGC returned +18.0% and SCHB +16.8%.
Which is cheaper, MGC or SCHB?
SCHB is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do MGC and SCHB overlap with the S&P 500?
By their latest filed holdings, 99% of MGC and 89% of SCHB by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, MGC against SCHB, data as of Oct 9, 2026. https://etfiq.com/compare/any/mgc-vs-schb

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.