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 7 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% | 4.94B | Dec 2017 | VMGAX vs SWLGX | |
| Fidelity Large Cap Growth Index Fund | 0.04% | — | — | VMGAX vs FSPGX | |
| Vanguard Growth Index Fund Institutional Shares | 0.04% | 393.80B | May 1998 | VMGAX vs VIGIX | |
| Vanguard Russell 1000 Growth Index Fund Institutio... | 0.05% | — | Dec 2010 | VMGAX vs VRGWX |
Best Risk-Adjusted Alternatives to VMGAX
VMGAX has a PortfoliosLab risk / return rank of 26. There are 153 mutual funds in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard PRIMECAP Fund Investor Shares | 91 | 92.00B | Nov 1984 | VMGAX vs VPMCX | |
| Chase Growth Fund Institutional Class | 90 | — | Jan 2007 | VMGAX vs CHAIX | |
| Chase Growth Fund | 89 | — | Dec 1997 | VMGAX vs CHASX | |
| One Rock Fund | 89 | — | Mar 2020 | VMGAX vs ONERX | |
| Fidelity Series Growth Company Fund | 88 | — | Nov 2013 | VMGAX vs FCGSX |
Top Performing VMGAX Alternatives (YTD)
VMGAX is at 8.10% YTD. There are 182 mutual funds in the Large Cap Growth Equities category with higher YTD returns, going as high as 61.33%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| One Rock Fund | 61.33% | — | Mar 2020 | VMGAX vs ONERX | |
| Rydex S&P 500 Pure Growth Fund | 29.02% | — | Feb 2004 | VMGAX vs RYGRX | |
| ICON Equity Fund | 28.44% | — | Oct 2002 | VMGAX vs IOLZX | |
| Fidelity SAI U.S. Momentum Index Fund | 27.33% | — | Feb 2017 | VMGAX vs FUMIX | |
| Chase Growth Fund | 26.84% | — | Dec 1997 | VMGAX vs CHASX |
Lowest Volatility Alternatives to VMGAX
VMGAX has 17.53% 1-year volatility. There are 263 mutual funds in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 6.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BBH Select Series - Large Cap Fund | 6.86% | — | Sep 2019 | VMGAX vs BBLIX | |
| Meridian Enhanced Equity Fund | 9.73% | — | Jan 2005 | VMGAX vs MEIFX | |
| Marshfield Concentrated Opportunity Fund | 10.02% | — | Dec 2015 | VMGAX vs MRFOX | |
| CIBC Atlas Equity Income Fund | 10.18% | — | Apr 2010 | VMGAX vs AWYIX | |
| GQG Partners US Select Quality Equity Fund Investo... | 10.65% | — | Sep 2018 | VMGAX vs GQEPX |
Lowest Drawdown Alternatives to VMGAX
VMGAX has a 1-year max drawdown of -16.78%. There are 291 mutual funds in the Large Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -3.63%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BBH Select Series - Large Cap Fund | -3.63% | — | Sep 2019 | VMGAX vs BBLIX | |
| Meridian Enhanced Equity Fund | -4.80% | — | Jan 2005 | VMGAX vs MEIFX | |
| LKCM Aquinas Catholic Equity Fund | -7.02% | — | Jul 2005 | VMGAX vs AQEIX | |
| Marshfield Concentrated Opportunity Fund | -7.03% | — | Dec 2015 | VMGAX vs MRFOX | |
| Davis New York Venture Fund Class Y | -7.97% | — | Feb 1969 | VMGAX vs DNVYX |
Other Mutual Funds from Vanguard
The 10 most viewed Vanguard mutual funds shown here include VTSAX, VFIAX, VTIAX and span 8 categories. AUM among these funds goes as high as $2T.
Often Compared With VMGAX
Investors most often compare VMGAX with MGK, VOO, VTCIX. 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