Vanguard Mega Cap ETF (MGC) belongs to the Large Cap Blend Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MGC. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MGC
MGC charges 0.05% annually. There are 10 ETFs in the Large Cap Blend Equities category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Global X U.S. 500 ETF | 0.02% | 4.50M | Sep 2025 | MGC vs GXLC | |
| JPMorgan BetaBuilders U.S. Equity ETF | 0.02% | 8.89B | Mar 2019 | MGC vs BBUS | |
| Franklin U.S. Equity Index ETF | 0.03% | 2.00B | Jun 2016 | MGC vs USPX | |
| Schwab U.S. Large-Cap ETF | 0.03% | 71.82B | Nov 2009 | MGC vs SCHX | |
| SPDR Portfolio S&P 1500 Composite Stock Market ETF | 0.03% | 13.48B | Oct 2000 | MGC vs SPTM |
Best Risk-Adjusted Alternatives to MGC
MGC has a PortfoliosLab risk / return rank of 74. There are 89 ETFs in the Large Cap Blend Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco RAFI Strategic US ETF | 96 | 927.09M | Sep 2018 | MGC vs IUS | |
| Avantis Inflation Focused Equity ETF | 96 | 12.36M | Sep 2022 | MGC vs AVIE | |
| ARS Focused Opportunities Strategy ETF | 94 | 293.98M | Jun 2025 | MGC vs AFOS | |
| PIMCO RAFI ESG U.S. ETF | 94 | 160.47M | Dec 2019 | MGC vs RAFE | |
| Essential 40 Stock ETF | 94 | 180.66M | Jun 2014 | MGC vs ESN |
Top Performing MGC Alternatives (YTD)
MGC is at 10.99% YTD. There are 147 ETFs in the Large Cap Blend Equities category with higher YTD returns, going as high as 35.88%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Aztlan North America Nearshoring Stock Selection E... | 35.88% | 33.11M | Nov 2023 | MGC vs NRSH | |
| Return Stacked US Stocks & Futures Yield ETF | 30.52% | — | May 2024 | MGC vs RSSY | |
| ARS Focused Opportunities Strategy ETF | 30.16% | 293.98M | Jun 2025 | MGC vs AFOS | |
| Mohr Company Nav ETF | 26.09% | — | Sep 2024 | MGC vs CNAV | |
| First Trust Bloomberg Inflation Sensitive Equity E... | 23.66% | 5.62M | Mar 2023 | MGC vs FTIF |
Lowest Volatility Alternatives to MGC
MGC has 13.55% 1-year volatility. There are 138 ETFs in the Large Cap Blend Equities category with lower 1-year volatility, going as low as 7.38%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Azoria 500 Meritocracy ETF | 7.38% | — | Jul 2025 | MGC vs SPXM | |
| 6 Meridian Mega Cap Equity ETF | 9.02% | 402.23M | May 2020 | MGC vs SIXA | |
| State Street SPDR MSCI USA StrategicFactors ETF | 9.22% | 1.53B | Apr 2015 | MGC vs QUS | |
| Liberty One Spectrum ETF | 9.36% | 65.78M | Sep 2025 | MGC vs SPCT | |
| ALPS Equal Sector Weight ETF | 9.47% | 744.97M | Jul 2009 | MGC vs EQL |
Lowest Drawdown Alternatives to MGC
MGC has a 1-year max drawdown of -9.85%. There are 134 ETFs in the Large Cap Blend Equities category with shallower 1-year drawdowns, going as shallow as -4.97%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Avantis Inflation Focused Equity ETF | -4.97% | 12.36M | Sep 2022 | MGC vs AVIE | |
| Azoria 500 Meritocracy ETF | -5.08% | — | Jul 2025 | MGC vs SPXM | |
| 6 Meridian Mega Cap Equity ETF | -5.59% | 402.23M | May 2020 | MGC vs SIXA | |
| Invesco RAFI Strategic US ETF | -6.15% | 927.09M | Sep 2018 | MGC vs IUS | |
| ALPS Equal Sector Weight ETF | -6.19% | 744.97M | Jul 2009 | MGC vs EQL |
Other ETFs from Vanguard
The 10 most viewed Vanguard ETFs shown here include VOO, VTI, VGT and span 8 categories. AUM among these funds goes as high as $2T.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | S&P 500 | 78 | 11.72% | 1.70T | Sep 2010 | MGC vs VOO | |
| Vanguard Total Stock Market ETF | Large Cap Blend Equities | 78 | 12.18% | 2.30T | May 2001 | MGC vs VTI | |
| Vanguard Information Technology ETF | Technology Equities | 60 | 22.47% | 169.20B | Mar 2004 | MGC vs VGT | |
| Vanguard Total International Stock ETF | Global Equities | 72 | 13.32% | 651.00B | Jan 2011 | MGC vs VXUS | |
| Vanguard Growth ETF | Large Cap Growth Equities | 37 | 7.33% | 378.80B | Jan 2004 | MGC vs VUG | |
| Vanguard Total World Stock ETF | Global Equities | 77 | 12.40% | 97.00B | Jun 2008 | MGC vs VT | |
| Vanguard High Dividend Yield ETF | Dividend | 92 | 14.80% | 96.20B | Nov 2006 | MGC vs VYM | |
| Vanguard Total Bond Market ETF | Total Bond Market | 24 | -0.30% | 398.10B | Apr 2007 | MGC vs BND | |
| Vanguard Dividend Appreciation ETF | Dividend | 79 | 10.16% | 129.60B | Apr 2006 | MGC vs VIG | |
| Vanguard Value ETF | Large Cap Value Equities | 94 | 16.93% | 254.20B | Jan 2004 | MGC vs VTV |
Often Compared With MGC
Investors most often compare MGC with MGK, MGV, FGRTX. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare MGC with Any Fund or Stock
Compare MGC with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MGC with funds that move differently
Vanguard Mega Cap ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MGC.
Explore MGC Diversifiers