Data as of Oct 28, 2026.
MGK vs USFR: Differences, Returns & Fees
Over the year to Oct 28, 2026, MGK returned +7.8% to USFR's +4.1%; 0% of their weight is in the same names.
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Net assets: $34.9bn on Sep 30, 2026 for Vanguard Morningstar Mega Cap Growth ETF, and $17.0bn on May 31, 2026 for WisdomTree Floating Rate Treasury Fund.
Pair scorecard
MGK costs 0.10 points a year less; their one-year returns differ by 3.7 points.
| Measure | MGK | USFR |
|---|---|---|
| Return | ||
| Total return, 1 year | +7.8% | +4.1% |
| Drawdown | ||
| Below its high | 4.4%, high on Oct 6, 2026 | |
| Benchmark | ||
| What it tracks | Morningstar US Mega Cap Growth Index | Bloomberg U.S. Treasury Floating Rate Bond Index |
| Cost and size | ||
| Expense ratio | 0.05% | 0.15% |
| Net assets, MGK as of Sep 30, 2026 and USFR as of May 31, 2026 | $34.9bn | $17.0bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 99% | |
| Top ten holdings, share of the fund | 64.5% | |
Holdings in common uses holdings dated May 31, 2026 and Sep 30, 2026. Method
Risk and return
Feb 14, 2014 to Oct 23, 2026 · 662 weekly returnsMGK returned more: +580.7% to +29.1%. USFR swung less: 0.9% to 19.2%. USFR fell less at its worst: −1.4% to −35.2%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | MGK | USFR | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +580.7% | +29.1% | MGK | Price change plus distributions, reinvested. |
| Annualized | +16.3% | +2.0% | MGK | Total return as a yearly rate. |
| Price return | +509.1% | +1.1% | MGK | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 19.2% | 0.9% | USFR | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 12.8% | 0.6% | USFR | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −35.2% | −1.4% | USFR | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.78 | 0.01 | MGK | Return above Treasury bills per unit of volatility. |
| Sortino | 1.16 | 0.01 | MGK | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.46 | 1.49 | USFR | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 662 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, MGK and USFR hold 0% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Sep 30, 2026.
half
0% in common
Only in one fund ↓
Side by side
MGK and USFR on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
No client brief for this pair: the two funds' holdings are dated 122 days apart.
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.
USFR
USFR tracks an index of Floating Rate Treasury. Over the year to Oct 28, 2026 it returned +4.1% with distributions reinvested, against +4.0% for its benchmark, the Bloomberg U.S. Treasury Floating Rate Bond Index. The prospectus expense ratio is 0.15% a year.
Questions people ask
- Which returned more over the last year, MGK or USFR?
- In the year to Oct 28, 2026, with distributions reinvested, MGK returned +7.8% and USFR +4.1%.
- Which is cheaper, MGK or USFR?
- MGK is cheaper, by 0.10 percentage points a year. That is about $10 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.
Cite this pageCitation, APA and Markdown
ETFIQ, MGK against USFR, data as of Oct 28, 2026. https://etfiq.com/compare/any/mgk-vs-usfr
ETFIQ. (Oct 28, 2026). MGK against USFR. Retrieved from https://etfiq.com/compare/any/mgk-vs-usfr
[MGK against USFR (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/mgk-vs-usfr)
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