MGV vs VLUE: Differences, Returns & Fees
MGV and VLUE hold 23% of their weight in the same names, and VLUE returned +61.5% over the year. Net assets: $13.5bn on Sep 30, 2026 for Vanguard Morningstar Mega Cap Value ETF, and $9.4bn on Oct 9, 2026 for iShares MSCI USA Value Factor ETF.
MGV costs 0.10 points a year less; their one-year returns differ by 40.0 points; MGV is 1.4 times larger.
| MGV | VLUE | |
|---|---|---|
| Expense ratio | 0.05% | 0.15% |
| Net assets, as of Sep 30, 2026 | $13.5bn | $9.4bn |
| Total return, 1 year | +21.5% | +61.5% |
| What it tracks | CRSP U.S. Mega Cap Value Index | MSCI USA Enhanced Value Index |
| Holdings in common | 23% | |
| Top ten holdings, share of the fund | 28.5% | 45.5% |
Holdings in common uses holdings dated Aug 31, 2026 and Oct 9, 2026.
What they hold in common
By the books each fund has filed, MGV and VLUE hold 23% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Aug 31, 2026 and Oct 9, 2026.
half
23% in common
On the same fields
MGV and VLUE on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.
About MGV
MGV tracks an index. Over the year to Oct 9, 2026 it returned +21.5% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Aug 31, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 123 positions, with the top ten at 28.5%.
About VLUE
VLUE tracks the MSCI USA Value Factor. Over the year to Oct 9, 2026 it returned +61.5% with distributions reinvested. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 9, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 148 positions, with the top ten at 45.5%.
Questions people ask
- Which returned more over the last year, MGV or VLUE?
- In the year to Oct 9, 2026, with distributions reinvested, MGV returned +21.5% and VLUE +61.5%.
- Which is cheaper, MGV or VLUE?
- MGV 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.
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.
Cite this pageCitation, APA and Markdown
ETFIQ, MGV against VLUE, data as of Oct 9, 2026. https://etfiq.com/compare/any/mgv-vs-vlue
ETFIQ. (Oct 9, 2026). MGV against VLUE. Retrieved from https://etfiq.com/compare/any/mgv-vs-vlue
[MGV against VLUE (ETFIQ, Oct 9, 2026)](https://etfiq.com/compare/any/mgv-vs-vlue)
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.