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 | |
|---|---|---|---|---|---|
| Vanguard Growth ETF | 0.03% | 393.80B | Jan 2004 | MGK vs VUG | |
| iShares Morningstar U.S. Equity ETF | 0.03% | 1.26B | Jun 2004 | MGK vs ILCB | |
| State Street SPDR Portfolio S&P 500 Growth ETF | 0.04% | 52.13B | Sep 2000 | MGK vs SPYG | |
| iShares Morningstar Growth ETF | 0.04% | 3.21B | Jun 2004 | MGK vs ILCG | |
| Invesco PureBeta MSCI USA ETF | 0.04% | 11.34B | Sep 2017 | MGK vs PBUS |
Best Risk-Adjusted Alternatives to MGK
MGK has a PortfoliosLab risk / return rank of 33. There are 114 ETFs in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 85.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Grizzle Growth ETF | 85 | 33.20M | Dec 2021 | MGK vs DARP | |
| Impact Shares NAACP Minority Empowerment ETF | 84 | 59.00M | Jul 2018 | MGK vs NACP | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | 84 | 267.72M | Aug 2017 | MGK vs MFUS | |
| Hartford Multifactor US Equity ETF | 82 | 656.33M | Feb 2015 | MGK vs ROUS | |
| Inspire 100 ETF | 82 | 495.57M | Oct 2017 | MGK vs BIBL |
Top Performing MGK Alternatives (YTD)
MGK is at 3.65% YTD. There are 136 ETFs in the Large Cap Growth Equities category with higher YTD returns, going as high as 57.26%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill Meme Stock ETF | 57.26% | 26.18M | Oct 2025 | MGK vs MEME | |
| SMART Earnings Growth 30 ETF | 45.10% | 50.41M | Aug 2025 | MGK vs SGRT | |
| Franklin Intelligent Machines ETF | 35.15% | 117.69M | Feb 2020 | MGK vs IQM | |
| MarketDesk Focused U.S. Momentum ETF | 30.53% | 170.29M | Mar 2025 | MGK vs FMTM | |
| Invesco S&P 500 Pure Growth ETF | 30.31% | 2.27B | Mar 2006 | MGK vs RPG |
Lowest Volatility Alternatives to MGK
MGK has 17.33% 1-year volatility. There are 124 ETFs in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 7.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Core Alternative ETF | 7.56% | 39.10M | May 2017 | MGK vs CCOR | |
| SPDR MSCI USA StrategicFactors ETF | 9.24% | 1.50B | Apr 2015 | MGK vs QUS | |
| Invesco Dividend Achievers™ ETF | 9.53% | 774.52M | Sep 2005 | MGK vs PFM | |
| iShares Core Dividend Growth ETF | 9.53% | 41.89B | Jun 2014 | MGK vs DGRO | |
| T. Rowe Price Dividend Growth ETF | 9.79% | 1.36B | Aug 2020 | MGK vs TDVG |
Lowest Drawdown Alternatives to MGK
MGK has a 1-year max drawdown of -16.85%. There are 146 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% | 85.26M | Jun 2016 | MGK vs RFDA | |
| Hartford Multifactor US Equity ETF | -5.97% | 656.33M | Feb 2015 | MGK vs ROUS | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | -6.39% | 267.72M | Aug 2017 | MGK vs MFUS | |
| iShares Core Dividend Growth ETF | -6.47% | 41.89B | Jun 2014 | MGK vs DGRO | |
| SPDR MSCI USA StrategicFactors ETF | -6.85% | 1.50B | Apr 2015 | MGK vs QUS |
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 | 59 | 8.19% | 1.70T | Sep 2010 | MGK vs VOO | |
| Vanguard Total Stock Market ETF | Large Cap Blend Equities | 59 | 8.82% | 2.30T | May 2001 | MGK vs VTI | |
| Vanguard Information Technology ETF | Technology Equities | 58 | 23.32% | 170.10B | Mar 2004 | MGK vs VGT | |
| Vanguard Total International Stock ETF | Global Equities | 55 | 12.51% | 652.30B | Jan 2011 | MGK vs VXUS | |
| Vanguard Total World Stock ETF | Global Equities | 59 | 10.06% | 95.30B | Jun 2008 | MGK vs VT | |
| Vanguard High Dividend Yield ETF | Dividend | 75 | 11.51% | 96.10B | Nov 2006 | MGK vs VYM | |
| Vanguard Total Bond Market ETF | Total Bond Market | 32 | 0.49% | 394.40B | Apr 2007 | MGK vs BND | |
| Vanguard Dividend Appreciation ETF | Dividend | 54 | 6.98% | 127.80B | Apr 2006 | MGK vs VIG | |
| Vanguard Value ETF | Large Cap Value Equities | 84 | 14.47% | 245.00B | Jan 2004 | MGK vs VTV | |
| Vanguard FTSE Developed Markets ETF | Foreign Large Cap Equities | 55 | 13.11% | 317.30B | 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