Data as of Oct 28, 2026.

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MGK vs VTWO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, MGK returned +7.8% to VTWO's +14.3%; 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 $16.6bn for Vanguard Russell 2000 ETF.

At a glance
+7.8%
MGK total return, 1 year
+14.3%
VTWO total return, 1 year
0.05%
MGK expense ratio
0.06%
VTWO expense ratio

Pair scorecard

MGK costs 0.01 points a year less; their one-year returns differ by 6.5 points; MGK is 2.1 times larger.

MGK vs VTWO: Differences, Returns & Fees
MeasureMGKVTWO
Return
Total return, 1 year+7.8%+14.3%
Drawdown
Below its high4.4%, high on Oct 6, 20267.5%, high on Aug 14, 2026
Benchmark
What it tracksMorningstar US Mega Cap Growth IndexRussell 2000 Index
Cost and size
Expense ratio0.05%0.06%
Net assets, as of Sep 30, 2026$34.9bn$16.6bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund64.5%5.4%

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

What they share

0%

By the books each fund has filed, MGK and VTWO 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 VTWO
MKTLIQ 0.18% 0.05%
SLBBH1142 0.00% 2.36%
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 VTWO
Twist Bioscience Corp 0.42%
Moog Inc 0.36%
10X Genomics Inc 0.35%
JFrog Ltd 0.35%
UMB Financial Corp 0.32%
BrightSpring Health Services Inc 0.31%
Glaukos Corp 0.31%
Viasat Inc 0.30%
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Side by side

MGK Vanguard Morningstar Mega Cap Growth ETF VTWO Vanguard Russell 2000 ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of Mega Cap Growth Tracks the Russell 2000
Total return, 1 year +7.8% +14.3%
Its benchmark over the same days not measured +14.1% (IWM)
Gap to its benchmark not measured +0.2 pts vs IWM
Expense ratio 0.05% 0.06%
Already in the S&P 500 99.0% 0.5%
Holdings 54 2002
Net assets, as of Sep 30, 2026 $34.9bn $16.6bn

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

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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.

VTWO

VTWO tracks the Russell 2000. Over the year to Oct 28, 2026 it returned +14.3% with distributions reinvested, against +14.1% for its benchmark, the Russell 2000 Index. 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 2,002 positions, with the top ten at 5.4%. It sat 7.5% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, MGK or VTWO?
In the year to Oct 28, 2026, with distributions reinvested, MGK returned +7.8% and VTWO +14.3%.
Which is cheaper, MGK or VTWO?
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 VTWO overlap with the S&P 500?
By their latest filed holdings, 99% of MGK and 0% of VTWO by weight is stocks the S&P 500 already holds.
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ETFIQ, MGK against VTWO, data as of Oct 28, 2026. https://etfiq.com/compare/any/mgk-vs-vtwo

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