Data as of Oct 28, 2026.
MGK vs VONG: Differences, Returns & Fees
Over the year to Oct 28, 2026, MGK returned +7.8% to VONG's +1.1%; 72% 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 $47.1bn for Vanguard Russell 1000 Growth ETF.
Pair scorecard
MGK costs 0.01 points a year less; their one-year returns differ by 6.7 points; VONG is 1.3 times larger.
| Measure | MGK | VONG |
|---|---|---|
| Return | ||
| Total return, 1 year | +7.8% | +1.1% |
| Drawdown | ||
| Below its high | 4.4%, high on Oct 6, 2026 | 4.8%, high on Oct 6, 2026 |
| Benchmark | ||
| What it tracks | Morningstar US Mega Cap Growth Index | Russell 1000 Growth Index |
| Cost and size | ||
| Expense ratio | 0.05% | 0.06% |
| Net assets, as of Sep 30, 2026 | $34.9bn | $47.1bn |
| Holdings | ||
| Holdings in common | 72% | |
| Top ten holdings, share of the fund | 64.5% | 57.6% |
Holdings in common uses holdings dated Sep 30, 2026. Method
Risk and return
Oct 1, 2010 to Oct 23, 2026 · 838 weekly returnsMGK returned slightly more: +1,117.7% to +1,017.5%. VONG swung slightly less: 17.9% to 18.4%. VONG fell slightly less at its worst: −32.5% to −35.2%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | MGK | VONG | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +1,117.7% | +1,017.5% | MGK (slight) | Price change plus distributions, reinvested. |
| Annualized | +16.8% | +16.2% | MGK (slight) | Total return as a yearly rate. |
| Price return | +937.9% | +840.0% | MGK | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 18.4% | 17.9% | VONG (slight) | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 12.2% | 12.0% | VONG (slight) | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −35.2% | −32.5% | VONG (slight) | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.85 | 0.84 | Tie | Return above Treasury bills per unit of volatility. |
| Sortino | 1.28 | 1.25 | MGK (slight) | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.48 | 0.50 | VONG (slight) | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 838 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, MGK and VONG hold 72% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026.
half
72% in common
Only in one fund ↓
Side by side
MGK and VONG on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
MGK and VONG 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 VONG follows Russell 1000 Growth Index.
- One-year total return. Over 1 year to Oct 28, 2026 MGK returned +7.8% and VONG +1.1% with distributions reinvested, a gap of 6.7 points.
- Number of holdings. MGK holds 54 positions and VONG holds 373.
Data as of Oct 28, 2026.
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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.
VONG
VONG tracks the Russell 1000 Growth. Over the year to Oct 28, 2026 it returned +1.1% with distributions reinvested, against +0.9% for its benchmark, the Russell 1000 Growth Index. The prospectus expense ratio is 0.06% a year. By its holdings published by its issuer as of Sep 30, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 373 positions, with the top ten at 57.6%. It sat 4.8% below its high of Oct 6, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, MGK or VONG?
- In the year to Oct 28, 2026, with distributions reinvested, MGK returned +7.8% and VONG +1.1%.
- Which is cheaper, MGK or VONG?
- 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.
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.
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ETFIQ, MGK against VONG, data as of Oct 28, 2026. https://etfiq.com/compare/any/mgk-vs-vong
ETFIQ. (Oct 28, 2026). MGK against VONG. Retrieved from https://etfiq.com/compare/any/mgk-vs-vong
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