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 0.05% annually. There are 3 mutual funds 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 Index Fund Institutional Shares | 0.03% | 378.80B | May 1998 | VMGAX vs VIGIX | |
| Schwab U.S. Large-Cap Growth Index Fund | 0.04% | 4.75B | Dec 2017 | VMGAX vs SWLGX | |
| Fidelity Large Cap Growth Index Fund | 0.04% | — | — | VMGAX vs FSPGX | |
| Vanguard Russell 1000 Growth Index Fund Institutio... | 0.05% | — | Dec 2010 | VMGAX vs VRGWX | |
| Nuveen Large Cap Growth Index Fund R6 Class | 0.05% | — | Oct 2002 | VMGAX vs TILIX |
Best Risk-Adjusted Alternatives to VMGAX
VMGAX has a PortfoliosLab risk / return rank of 19. There are 164 mutual funds in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 90.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Davis New York Venture Fund Class Y | 90 | — | Feb 1969 | VMGAX vs DNVYX | |
| Vanguard PRIMECAP Fund Investor Shares | 90 | 96.10B | Nov 1984 | VMGAX vs VPMCX | |
| Vanguard Capital Opportunity Fund Admiral Shares | 84 | 32.70B | Nov 2001 | VMGAX vs VHCAX | |
| Chase Growth Fund | 82 | — | Dec 1997 | VMGAX vs CHASX | |
| Fidelity Stock Selector All Cap Fund | 80 | — | Sep 1990 | VMGAX vs FDSSX |
Top Performing VMGAX Alternatives (YTD)
VMGAX is at 3.59% YTD. There are 215 mutual funds in the Large Cap Growth Equities category with higher YTD returns, going as high as 28.40%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ICON Equity Fund | 28.40% | — | Oct 2002 | VMGAX vs IOLZX | |
| Chase Growth Fund | 22.47% | — | Dec 1997 | VMGAX vs CHASX | |
| Chase Growth Fund Institutional Class | 22.42% | — | Jan 2007 | VMGAX vs CHAIX | |
| Fidelity SAI U.S. Momentum Index Fund | 20.70% | — | Feb 2017 | VMGAX vs FUMIX | |
| Vanguard PRIMECAP Fund Investor Shares | 20.64% | 96.10B | Nov 1984 | VMGAX vs VPMCX |
Lowest Volatility Alternatives to VMGAX
VMGAX has 18.22% 1-year volatility. There are 273 mutual funds in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 6.77%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BBH Select Series - Large Cap Fund | 6.77% | — | Sep 2019 | VMGAX vs BBLIX | |
| Meridian Enhanced Equity Fund | 9.96% | — | Jan 2005 | VMGAX vs MEIFX | |
| CIBC Atlas Equity Income Fund | 10.24% | — | Apr 2010 | VMGAX vs AWYIX | |
| Marshfield Concentrated Opportunity Fund | 10.40% | — | Dec 2015 | VMGAX vs MRFOX | |
| GQG Partners US Select Quality Equity Fund Investo... | 10.57% | — | Sep 2018 | VMGAX vs GQEPX |
Lowest Drawdown Alternatives to VMGAX
VMGAX has a 1-year max drawdown of -16.78%. There are 292 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, VTCIX, 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