How do the expense ratios of MGK and VOOG compare over time?

MGK has an expense ratio of 0.05%, while VOOG charges 0.07%. This 0.02 percentage point difference may seem small but can impact long-term returns through compounding. On a $10,000 investment, this equals approximately $2 per year in additional costs for VOOG. While both are low-cost ETFs, investors should understand how even minor fee differences accumulate over decades.

What does it mean when two ETFs have different inception dates?

MGK was launched on December 17, 2007, giving it over three years of additional track record compared to VOOG, which began on September 7, 2010. A longer history means more data to assess how the fund has performed through various market cycles. However, older funds may have evolved their methodology, and both have operated through the 2008 financial crisis and subsequent recovery.

What does 'index tracked not available' mean for these ETFs?

Both MGK and VOOG are categorized as large growth ETFs, but the specific benchmark index tracked is currently not available in the provided data. While these funds are understood to follow mega-cap and S&P 500 growth indices respectively, official confirmation from the source data is pending. Always verify the exact index methodology via fund factsheets.

How do the dividend yields of MGK and VOOG compare?

VOOG offers a 0.43% dividend yield compared to MGK's 0.31%. While this difference is modest in absolute terms (0.12 percentage points), neither provides substantial income for income-focused investors. Growth ETFs typically prioritise capital appreciation over dividends, as companies reinvest earnings for expansion rather than distributing cash.

How significant are the differences in fund size between MGK and VOOG?

MGK has substantially larger net assets of $34.1 billion compared to VOOG's $27.3 billion. While both are large funds with excellent liquidity, MGK's greater size supports potentially slightly better trading efficiency and market impact for institutional investors. However, both asset bases are large enough to meet most individual investor needs.

What are the key differences in top holdings between MGK and VOOG?

Both ETFs share seven of their top ten holdings: NVDA, AAPL, MSFT, GOOGL, AMZN, GOOG, and META. However, their concentration levels differ notably. In MGK, NVDA represents 14.30% and AAPL 13.01%, while in VOOG, NVDA is even higher at 14.85% but AAPL is significantly lower at 6.46%. This reflects their underlying methodologies: MGK focuses purely on mega-cap growth, while VOOG's S&P 500 framework allows for broader exposure with unique constituents like MU and BRK.B.

What investment focus do MGK and VOOG share?

Both MGK and VOOG are classified as Large Growth ETFs targeting companies expected to grow earnings faster than the market average. They share the same investment approach of prioritising capital appreciation over income. The key difference lies in their methodology: MGK follows a mega-cap growth index, while VOOG tracks growth stocks within the broader S&P 500 framework.

How do market capitalisation ranges differ between MGK and VOOG?

While the exact definitions aren't in the provided data, MGK's name indicates a strict mega-cap focus, typically excluding smaller growth stocks. VOOG, tracking growth within the S&P 500, covers the large-cap portion of the index but may include companies slightly smaller than mega-cap. This methodology difference explains why VOOG's top holdings show more concentrated positions in the largest companies.

How do sector weightings compare between these ETFs?

The sector weighting information is currently not available for both funds in the provided data. While both are growth-focused ETFs, their underlying methodologies would naturally produce different sector exposures. The absence of this data means investors must consult official fund documentation for a precise comparison.

What should investors consider when comparing MGK and VOOG?

Key factors include MGK's lower expense ratio (0.05% vs 0.07%), its longer operating history (since December 2007), and its larger asset base ($34.1 billion vs $27.3 billion). Meanwhile, VOOG's slightly higher dividend yield (0.43% vs 0.31%) and its S&P 500 growth framework represent potential considerations. Neither fund is universally superior—the optimal choice depends entirely on individual investment objectives, risk tolerance, and whether one values cost, yield, or tracking methodology.

How do I interpret the dividend yield in these ETFs?

MGK has a 0.31% yield while VOOG offers 0.43%. These relatively low yields are characteristic of growth ETFs, as companies in this category typically reinvest earnings for expansion rather than distributing dividends. Investors should understand that high-yield funds would offer substantially more income but with different growth characteristics.

MGK vs VOOG

Two funds, one decision: we compare cost, performance and what each ETF actually holds in November 2026.

Compare Vanguard Mega Cap Growth ETF (MGK) and Vanguard S&P 500 Growth ETF (VOOG). This page examines fees, holdings, dividends and how each fund tracks its market. MGK charges 0.05% while VOOG charges 0.07%, with assets of $34.1 billion and $27.3 billion respectively. Both focus on large growth stocks, sharing eight of their top ten holdings. Educational content, not financial advice.

Fund Snapshot

Key Fund Metrics

MGK

Metric

VOOG

0.05%

Expense Ratio

0.07%

0.31%

Dividend Yield

0.43%

$34.09B

Net Assets

$27.25B

Holdings

154

Dec 17, 2007

Inception Date

Sep 7, 2010

–

Index Tracked

–

Large Growth

Fund Category

Large Growth

MGK costs about $2.00 less per year for every $10,000 invested.

Shared Top Holdings

Holding	MGK	VOOG
NVDANVIDIA Corporation	14.30%	14.85%
AAPLApple Inc.	13.01%	6.46%
MSFTMicrosoft Corporation	9.97%	10.46%
GOOGLAlphabet Inc.	5.49%	5.52%
AMZNAmazon.com, Inc.	4.75%	3.74%
GOOGAlphabet Inc.	4.32%	4.40%
AVGOBroadcom Inc.	4.09%	4.87%
METAMeta Platforms, Inc.	4.05%	3.49%

Discover More Comparisons

MGK vs VUG

Compare MGK and VUG on fees, holdings, and dividends. Analyse how these Vanguard growth ETFs track their benchmarks to decide which to research.

MGK vs QQQM

Compare MGK and QQQM large growth ETFs. Analyse the 0.05% vs 0.15% expense ratio, net assets, dividend yields, top holdings and concentration levels.

MGK vs VGT

Compare MGK and VGT ETFs. Review fees, dividends, and holdings. Understand differences between these two Vanguard funds for educational purposes.

Investment Analysis

MGK

Pros

Investment management fees are low, with an expense ratio of 0.05%.
Substantial assets of $34.1 billion support liquidity and trading efficiency.
A long operating history since December 2007 demonstrates established fund maturity.

Considerations

Low dividend yield of 0.31% limits attractiveness for income-focused investors.
Heavy concentration in top holdings like NVDA and AAPL increases specific stock risks.
Track record against benchmark and methodology details are currently not available.

VOOG

Pros

Provides targeted growth exposure within the S&P 500 framework.
Low expense ratio of 0.07% keeps annual costs relatively modest.
Large asset base of $27.3 billion indicates a well-established, liquid fund.

Considerations

Top holding concentration is very high, with NVDA at 14.85%.
Modest yield of 0.43% offers minimal passive income generation.
Inception in September 2010 provides a shorter track record.

About MGK and VOOG

MGK (MGK)

The Vanguard Mega Cap Growth ETF aims to track the investment results of the CRSP US Mega Cap Growth Index, providing exposure to large-capitalisation companies in the United States that demonstrate consistent growth characteristics. With a low expense ratio of 0.05%, it offers a cost-effective way to access leading growth firms across various sectors. The fund holds around 60 stocks, reflecting a concentrated portfolio focused on the largest and fastest-growing companies. Investors should note that while the fund has a dividend yield of approximately 0.31%, returns are not guaranteed, and values can rise and fall.

VOOG (VOOG)

The Vanguard S&P 500 Growth ETF aims to track the performance of large-cap growth stocks listed on the S&P 500 Index. With a low expense ratio of 0.07% and a history dating back to 2010, it offers a cost-effective way for investors to gain exposure to companies expected to grow faster than the average market. This fund holds around 154 stocks, focusing on businesses with strong earnings growth and sales trends. While it provides diversification within the growth sector of the large-cap market, investors should remember that growth stocks can be more volatile than value stocks, and past performance does not guarantee future results. As with any investment, consider your risk tolerance and overall financial strategy.

Buy MGK or VOOG in Nemo

🆓

Zero Commission

Trade stocks, ETFs, and more with zero commission. Keep more of your returns.

🔒

Trusted & Regulated

Part of Exinity Group 2015, serving over a million customers globally.

💰

6% Interest on Cash

Earn 6% AER on uninvested cash with daily interest payments.

MGK vs VOOG

Fund Snapshot