Vanguard Mega Cap Growth Index Fund Institutional Shares (VMGAX) belongs to the Large Cap Growth Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with VMGAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to VMGAX
VMGAX charges 0.06% annually. There are 6 mutual funds in the Large Cap Growth Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| American Century Growth Fund G Class | 0.01% | — | Mar 2022 | VMGAX vs ACIHX | |
| Schwab U.S. Large-Cap Growth Index Fund | 0.04% | 5.10B | Dec 2017 | VMGAX vs SWLGX | |
| Fidelity Large Cap Growth Index Fund | 0.04% | — | — | VMGAX vs FSPGX | |
| Vanguard Growth Index Fund Institutional Shares | 0.04% | 365.00B | May 1998 | VMGAX vs VIGIX | |
| Vanguard Growth Index Fund Admiral Shares | 0.05% | 365.00B | Nov 2000 | VMGAX vs VIGAX |
Best Risk-Adjusted Alternatives to VMGAX
VMGAX has a PortfoliosLab risk / return rank of 37. There are 152 mutual funds in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Emerald Insights Fund | 99 | — | Aug 2014 | VMGAX vs EFCNX | |
| Vanguard PRIMECAP Fund Investor Shares | 94 | 82.00B | Nov 1984 | VMGAX vs VPMCX | |
| Fidelity OTC Portfolio Class K | 93 | — | May 2008 | VMGAX vs FOCKX | |
| Fidelity OTC Portfolio | 93 | — | Dec 1984 | VMGAX vs FOCPX | |
| PrimeCap Odyssey Growth Fund | 93 | — | Nov 2004 | VMGAX vs POGRX |
Top Performing VMGAX Alternatives (YTD)
VMGAX is at 11.29% YTD. There are 132 mutual funds in the Large Cap Growth Equities category with higher YTD returns, going as high as 66.81%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| One Rock Fund | 66.81% | — | Mar 2020 | VMGAX vs ONERX | |
| Columbia Global Technology Growth Fund Class A | 32.06% | — | Nov 2000 | VMGAX vs CTCAX | |
| Rydex S&P 500 Pure Growth Fund | 28.96% | — | Feb 2004 | VMGAX vs RYGRX | |
| Fidelity OTC K6 Portfolio | 28.00% | — | Jun 2019 | VMGAX vs FOKFX | |
| Fidelity OTC Portfolio Class K | 27.65% | — | May 2008 | VMGAX vs FOCKX |
Lowest Volatility Alternatives to VMGAX
VMGAX has 16.23% 1-year volatility. There are 269 mutual funds in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 7.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BBH Select Series - Large Cap Fund | 7.86% | — | Sep 2019 | VMGAX vs BBLIX | |
| Meridian Enhanced Equity Fund | 9.26% | — | Jan 2005 | VMGAX vs MEIFX | |
| Emerald Insights Fund | 9.27% | — | Aug 2014 | VMGAX vs EFCNX | |
| Marshfield Concentrated Opportunity Fund | 9.77% | — | Dec 2015 | VMGAX vs MRFOX | |
| CIBC Atlas Equity Income Fund | 9.88% | — | Apr 2010 | VMGAX vs AWYIX |
Lowest Drawdown Alternatives to VMGAX
VMGAX has a 1-year max drawdown of -16.78%. There are 298 mutual funds in the Large Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -2.90%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Emerald Insights Fund | -2.90% | — | Aug 2014 | VMGAX vs EFCNX | |
| BBH Select Series - Large Cap Fund | -3.63% | — | Sep 2019 | VMGAX vs BBLIX | |
| Meridian Enhanced Equity Fund | -4.80% | — | Jan 2005 | VMGAX vs MEIFX | |
| GQG Partners US Select Quality Equity Fund Investo... | -6.77% | — | Sep 2018 | VMGAX vs GQEPX | |
| LKCM Aquinas Catholic Equity Fund | -7.02% | — | Jul 2005 | VMGAX vs AQEIX |
Other Mutual Funds from Vanguard
The 10 most viewed Vanguard mutual funds shown here include VTSAX, VFIAX, VTIAX and span 7 categories. AUM among these funds goes as high as $2T.
Often Compared With VMGAX
Investors most often compare VMGAX with MGK, VRGWX, VOO. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare VMGAX with Any Fund or Stock
Compare VMGAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair VMGAX with funds that move differently
Vanguard Mega Cap Growth Index Fund Institutional Shares alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to VMGAX.
Explore VMGAX Diversifiers