Vanguard Mega Cap Growth ETF (MGK) belongs to the Large Cap Growth Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MGK. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MGK
MGK charges 0.05% annually. There are 7 ETFs in the Large Cap Growth Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Morningstar U.S. Equity ETF | 0.03% | 1.27B | Jun 2004 | MGK vs ILCB | |
| Vanguard Growth ETF | 0.03% | 378.80B | Jan 2004 | MGK vs VUG | |
| iShares Morningstar Growth ETF | 0.04% | 3.11B | Jun 2004 | MGK vs ILCG | |
| Invesco PureBeta MSCI USA ETF | 0.04% | 11.37B | Sep 2017 | MGK vs PBUS | |
| iShares Core S&P U.S. Growth ETF | 0.04% | 32.12B | Jul 2000 | MGK vs IUSG |
Best Risk-Adjusted Alternatives to MGK
MGK has a PortfoliosLab risk / return rank of 38. There are 96 ETFs in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Core Dividend Growth ETF | 92 | 42.77B | Jun 2014 | MGK vs DGRO | |
| Hartford Multifactor US Equity ETF | 92 | 705.83M | Feb 2015 | MGK vs ROUS | |
| Xtrackers Russell 1000 US Quality at a Reasonable ... | 91 | 76.03M | Apr 2018 | MGK vs QARP | |
| RiverFront Dynamic US Dividend Advantage ETF | 91 | 88.05M | Jun 2016 | MGK vs RFDA | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | 90 | 290.05M | Aug 2017 | MGK vs MFUS |
Top Performing MGK Alternatives (YTD)
MGK is at 7.10% YTD. There are 124 ETFs in the Large Cap Growth Equities category with higher YTD returns, going as high as 28.36%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Mango Growth ETF | 28.36% | 239.95M | Dec 2025 | MGK vs GARY | |
| SMART Earnings Growth ETF | 27.55% | 50.41M | Aug 2025 | MGK vs SGRT | |
| F/m Emerald Special Situations ETF | 26.92% | 29.00M | Aug 2014 | MGK vs SPIT | |
| US Vegan Climate ETF | 24.89% | 186.14M | Sep 2019 | MGK vs VEGN | |
| Grizzle Growth ETF | 24.09% | 33.20M | Dec 2021 | MGK vs DARP |
Lowest Volatility Alternatives to MGK
MGK has 18.27% 1-year volatility. There are 123 ETFs in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 8.24%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Core Alternative ETF | 8.24% | 39.10M | May 2017 | MGK vs CCOR | |
| Invesco Dividend Achievers™ ETF | 9.46% | 789.78M | Sep 2005 | MGK vs PFM | |
| iShares Core Dividend Growth ETF | 9.54% | 42.77B | Jun 2014 | MGK vs DGRO | |
| SPDR MSCI World StrategicFactors ETF | 9.70% | 174.18M | Jun 2014 | MGK vs QWLD | |
| OShares U.S. Quality Dividend ETF | 10.25% | 747.95M | Jul 2015 | MGK vs OUSA |
Lowest Drawdown Alternatives to MGK
MGK has a 1-year max drawdown of -16.85%. There are 137 ETFs in the Large Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -5.45%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverFront Dynamic US Dividend Advantage ETF | -5.45% | 88.05M | Jun 2016 | MGK vs RFDA | |
| Hartford Multifactor US Equity ETF | -5.97% | 705.83M | Feb 2015 | MGK vs ROUS | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | -6.39% | 290.05M | Aug 2017 | MGK vs MFUS | |
| iShares Core Dividend Growth ETF | -6.47% | 42.77B | Jun 2014 | MGK vs DGRO | |
| Invesco Dividend Achievers™ ETF | -7.09% | 789.78M | Sep 2005 | MGK vs PFM |
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 | MGK vs VOO | |
| Vanguard Total Stock Market ETF | Large Cap Blend Equities | 78 | 12.18% | 2.30T | May 2001 | MGK vs VTI | |
| Vanguard Information Technology ETF | Technology Equities | 60 | 22.47% | 169.20B | Mar 2004 | MGK vs VGT | |
| Vanguard Total International Stock ETF | Global Equities | 72 | 13.32% | 651.00B | Jan 2011 | MGK vs VXUS | |
| Vanguard Total World Stock ETF | Global Equities | 77 | 12.40% | 97.00B | Jun 2008 | MGK vs VT | |
| Vanguard High Dividend Yield ETF | Dividend | 92 | 14.80% | 96.20B | Nov 2006 | MGK vs VYM | |
| Vanguard Total Bond Market ETF | Total Bond Market | 24 | -0.30% | 398.10B | Apr 2007 | MGK vs BND | |
| Vanguard Dividend Appreciation ETF | Dividend | 79 | 10.16% | 129.60B | Apr 2006 | MGK vs VIG | |
| Vanguard Value ETF | Large Cap Value Equities | 94 | 16.93% | 254.20B | Jan 2004 | MGK vs VTV | |
| Vanguard FTSE Developed Markets ETF | Foreign Large Cap Equities | 76 | 14.51% | 316.30B | Jul 2007 | MGK vs VEA |
Often Compared With MGK
Investors most often compare MGK with QQQ, SCHG, MAGS. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare MGK with Any Fund or Stock
Compare MGK with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MGK with funds that move differently
Vanguard Mega Cap Growth ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MGK.
Explore MGK Diversifiers