MGK vs NUGO: Differences, Returns & Fees
MGK and NUGO hold 63% of their weight in the same names, and MGK returned +11.9% over the year. Net assets: $34.9bn on Sep 30, 2026 for Vanguard Morningstar Mega Cap Growth ETF, and $2.4bn on Jul 31, 2026 for Nuveen Growth Opportunities ETF.
MGK costs 0.45 points a year less; their one-year returns differ by 4.3 points.
| MGK | NUGO | |
|---|---|---|
| Expense ratio | 0.05% | 0.50% |
| Net assets, MGK as of Sep 30, 2026 and NUGO as of Jul 31, 2026 | $34.9bn | $2.4bn |
| Total return, 1 year | +11.9% | +7.6% |
| What it tracks | Morningstar US Mega Cap Growth Index | No index, actively managed |
| Holdings in common | 63% | |
| Top ten holdings, share of the fund | 64.5% | 62.4% |
| Below its high | 4.5%, high on Oct 6, 2026 | 6.0%, high on Oct 6, 2026 |
Holdings in common uses holdings dated Jul 31, 2026 and Sep 30, 2026.
MGK and NUGO are built for the same job. How do they differ in cost, holdings and results?
- What each follows. MGK follows Morningstar US Mega Cap Growth Index and NUGO follows No index, actively managed.
- One-year total return. Over 1 year to Oct 20, 2026 MGK returned +11.9% and NUGO +7.6% with distributions reinvested, a gap of 4.3 points.
- Cost. MGK charges 0.05% of assets a year and NUGO 0.50%, a gap of 0.45 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, MGK and NUGO hold 63% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Sep 30, 2026.
half
63% in common
On the same fields
MGK and NUGO on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.
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.
About NUGO
NUGO is actively managed and tracks no index. The prospectus expense ratio is 0.50% a year. By its holdings filed for Jul 31, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 44 positions, with the top ten at 62.4%. It sat 6.0% below its high of Oct 6, 2026 on Oct 20, 2026.
Over the year to Oct 20, 2026 it returned +7.6% with distributions reinvested, against +4.0% for its benchmark, the Russell 1000 Growth Index.
Questions people ask
- Which returned more over the last year, MGK or NUGO?
- In the year to Oct 20, 2026, with distributions reinvested, MGK returned +11.9% and NUGO +7.6%.
- Which is cheaper, MGK or NUGO?
- MGK is cheaper, by 0.45 percentage points a year. That is about $45 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.
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ETFIQ, MGK against NUGO, data as of Oct 20, 2026. https://etfiq.com/compare/any/mgk-vs-nugo
ETFIQ. (Oct 20, 2026). MGK against NUGO. Retrieved from https://etfiq.com/compare/any/mgk-vs-nugo
[MGK against NUGO (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/any/mgk-vs-nugo)
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