Data as of Oct 28, 2026.

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MGK vs VGK: Differences, Returns & Fees

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Over the year to Oct 28, 2026, MGK returned +7.8% to VGK's +10.4%; 0% of their weight is in the same names.

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Net assets on Sep 30, 2026: $34.9bn for Vanguard Morningstar Mega Cap Growth ETF and $29.6bn for Vanguard FTSE Europe ETF.

At a glance
+7.8%
MGK total return, 1 year
+10.4%
VGK total return, 1 year
0.05%
MGK expense ratio
0.06%
VGK expense ratio

Pair scorecard

MGK costs 0.01 points a year less; their one-year returns differ by 2.6 points; MGK is 1.2 times larger.

MGK vs VGK: Differences, Returns & Fees
MeasureMGKVGK
Return
Total return, 1 year+7.8%+10.4%
Drawdown
Below its high4.4%, high on Oct 6, 20266.1%, high on Aug 25, 2026
Benchmark
What it tracksMorningstar US Mega Cap Growth IndexFTSE Developed Europe All Cap Index
Cost and size
Expense ratio0.05%0.06%
Net assets, as of Sep 30, 2026$34.9bn$29.6bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund64.5%19.0%

Holdings in common uses holdings dated Sep 30, 2026. Method

Risk and return

Jan 4, 2008 to Oct 23, 2026 · 981 weekly returns
MGK VGK
Return
Total return edge MGK +1,024.1% +134.3%
Annualized edge MGK +13.7% +4.6%
Price return edge MGK +823.8% +18.2%
Risk
Volatility edge MGK (slight) 19.5% 21.6%
Max drawdown edge MGK −46.4% −60.1%
Risk-adjusted
Sharpe edge MGK 0.68 0.25
Sortino edge MGK 1.00 0.35
Calmar edge MGK 0.30 0.08
Reading

MGK returned more: +1,024.1% to +134.3%. MGK swung slightly less: 19.5% to 21.6%. MGK fell less at its worst: −46.4% to −60.1%.

Full scorecard

9 measures, with how each is measured
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Risk and return: MGK vs VGK: Differences, Returns & Fees
MeasureMGKVGKEdgeHow it is measured
Return
Total return+1,024.1%+134.3%MGKPrice change plus distributions, reinvested.
Annualized+13.7%+4.6%MGKTotal return as a yearly rate.
Price return+823.8%+18.2%MGKPrice change alone, distributions left out.
Risk
Volatility19.5%21.6%MGK (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation13.3%15.7%MGKLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−46.4%−60.1%MGKDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.680.25MGKReturn above Treasury bills per unit of volatility.
Sortino1.000.35MGKReturn above Treasury bills per unit of downside deviation.
Calmar0.300.08MGKAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 981 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, MGK and VGK hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first MGK VGK
MKTLIQ 0.18% 0.15%
SLBBH1142 0.00% 0.44%
Only in one fund ↓
Only in MGK
NVIDIA Corp 13.69%
Apple Inc 12.53%
Microsoft Corp 9.46%
Alphabet Inc 4.98%
Meta Platforms Inc 4.96%
Broadcom Inc 4.30%
Amazon.com Inc 4.22%
Alphabet Inc 3.95%
Only in VGK
ASML Holding NV 4.47%
HSBC Holdings PLC 2.19%
Roche Holding AG 1.89%
Novartis AG 1.72%
Shell PLC 1.64%
AstraZeneca PLC 1.56%
Nestle SA 1.51%
Siemens AG 1.45%
Check overlap with more funds →

Side by side

MGK Vanguard Morningstar Mega Cap Growth ETF VGK Vanguard FTSE Europe ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of Mega Cap Growth Tracks an index of European Stock
Total return, 1 year +7.8% +10.4%
Expense ratio 0.05% 0.06%
Already in the S&P 500 99.0% 0.0%
Holdings 54 1245
Net assets, as of Sep 30, 2026 $34.9bn $29.6bn

MGK and VGK on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-3A2FE2448A

MGK and VGK do different jobs. What does each one do in a portfolio?

  1. What each follows. MGK follows Morningstar US Mega Cap Growth Index and VGK follows FTSE Developed Europe All Cap Index.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Sep 30, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 MGK returned +7.8% and VGK +10.4% with distributions reinvested, a gap of 2.6 points.

Data as of Oct 28, 2026.

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About each fund
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.

VGK

VGK tracks an index of European Stock. Over the year to Oct 28, 2026 it returned +10.4% with distributions reinvested. The prospectus expense ratio is 0.06% a year. By its holdings published by its issuer as of Sep 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1,245 positions, with the top ten at 19.0%. It sat 6.1% below its high of Aug 25, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, MGK or VGK?
In the year to Oct 28, 2026, with distributions reinvested, MGK returned +7.8% and VGK +10.4%.
Which is cheaper, MGK or VGK?
MGK is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do MGK and VGK overlap with the S&P 500?
By their latest filed holdings, 99% of MGK and 0% of VGK by weight is stocks the S&P 500 already holds.
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ETFIQ, MGK against VGK, data as of Oct 28, 2026. https://etfiq.com/compare/any/mgk-vs-vgk

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