ABIG vs. MGC

Last updated Jun 24, 2026

ABIG (Argent Large Cap ETF) and MGC (Vanguard Mega Cap ETF) are both Large Cap Blend Equities funds. ABIG is actively managed, while MGC is passively managed. Over the past year, ABIG returned 16.32% vs 24.48% for MGC. Their correlation of 0.92 suggests significant overlap in exposure. ABIG charges 0.49%/yr vs 0.05%/yr for MGC.

Performance

ABIG vs. MGC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Argent Large Cap ETF (ABIG) and Vanguard Mega Cap ETF (MGC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ABIG achieves a 4.77% return, which is significantly lower than MGC's 7.43% return.

ABIG

• 1D: -0.63%
• 1M: -0.24%
• YTD: 4.77%
• 6M: 4.08%
• 1Y: 16.32%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MGC

• 1D: -1.49%
• 1M: -1.89%
• YTD: 7.43%
• 6M: 6.54%
• 1Y: 24.48%
• 3Y*: 21.92%
• 5Y*: 13.65%
• 10Y*: 16.33%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ABIG vs. MGC - Yearly Performance Comparison

	2026 (YTD)	2025
ABIG Argent Large Cap ETF	4.77%	27.75%
MGC Vanguard Mega Cap ETF	7.43%	41.16%

Correlation

The correlation between ABIG and MGC is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (All Time) Calculated using the full available price history since Apr 9, 2025	0.92

The correlation between ABIG and MGC has been stable across timeframes, ranging from 0.91 to 0.92 - a consistent structural relationship.

Return for Risk

ABIG vs. MGC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ABIG

ABIG Risk / Return Rank: 33
ABIG Sharpe Ratio Rank: 36
ABIG Sortino Ratio Rank: 35
ABIG Omega Ratio Rank: 34
ABIG Calmar Ratio Rank: 26
ABIG Martin Ratio Rank: 32

MGC

MGC Risk / Return Rank: 57
MGC Sharpe Ratio Rank: 58
MGC Sortino Ratio Rank: 55
MGC Omega Ratio Rank: 57
MGC Calmar Ratio Rank: 52
MGC Martin Ratio Rank: 62

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ABIG vs. MGC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Argent Large Cap ETF (ABIG) and Vanguard Mega Cap ETF (MGC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ABIG	MGC	Difference
Sharpe ratio: Return per unit of total volatility	1.21	1.88	-0.67
Sortino ratio: Return per unit of downside risk	1.71	2.56	-0.85
Omega ratio: Gain probability vs. loss probability	1.21	1.34	-0.12
Calmar ratio: Return relative to maximum drawdown	1.20	2.50	-1.30
Martin ratio: Return relative to average drawdown	4.27	10.77	-6.50

ABIG vs. MGC - Sharpe Ratio Comparison

The current ABIG Sharpe Ratio is 1.21, which is lower than the MGC Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of ABIG and MGC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ABIG vs. MGC - Drawdown Comparison

The maximum ABIG drawdown since its inception was -13.70%, smaller than the maximum MGC drawdown of -52.26%. Use the drawdown chart below to compare losses from any high point for ABIG and MGC.

Drawdown Indicators

	ABIG	MGC	Difference
Max Drawdown Largest peak-to-trough decline	-13.70%	-52.26%	+38.56%
Max Drawdown (1Y) Largest decline over 1 year	-13.70%	-9.85%	-3.85%
Max Drawdown (3Y) Largest decline over 3 years	—	-19.28%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.74%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.07%	—
Current Drawdown Current decline from peak	-2.90%	-3.81%	+0.91%
Average Drawdown Average peak-to-trough decline	-2.23%	-7.17%	+4.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.83%	2.28%	+1.55%

Volatility

ABIG vs. MGC - Volatility Comparison

The current volatility for Argent Large Cap ETF (ABIG) is 4.85%, while Vanguard Mega Cap ETF (MGC) has a volatility of 5.22%. This indicates that ABIG experiences smaller price fluctuations and is considered to be less risky than MGC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ABIG	MGC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.85%	5.22%	-0.37%
Volatility (6M) Calculated over the trailing 6-month period	10.64%	10.32%	+0.32%
Volatility (1Y) Calculated over the trailing 1-year period	13.58%	13.08%	+0.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.79%	17.39%	-0.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.79%	18.24%	-1.45%

ABIG vs. MGC - Expense Ratio Comparison

ABIG has a 0.49% expense ratio, which is higher than MGC's 0.05% expense ratio.

Dividends

ABIG vs. MGC - Dividend Comparison

ABIG's dividend yield for the trailing twelve months is around 0.09%, less than MGC's 0.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ABIG Argent Large Cap ETF	0.09%	0.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MGC Vanguard Mega Cap ETF	0.90%	0.93%	1.15%	1.35%	1.65%	1.17%	1.45%	1.81%	2.10%	1.83%	2.14%	2.11%

Frequently Asked Questions

Can I hold both ABIG and MGC in my portfolio?

With a correlation of 0.91, ABIG and MGC move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, ABIG or MGC?

MGC has higher volatility (5.22%) compared to ABIG (4.85%). In terms of maximum drawdown, ABIG dropped -13.70% vs MGC's -52.26%.

Which ETF is better, ABIG or MGC?

On 1-year performance, MGC leads with 24.48% vs 16.32% for ABIG. On fees, MGC is cheaper at 0.05% per year. On volatility, ABIG has been the lower-risk option at 4.85%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ABIG or MGC?

Over the 1-year period, MGC has performed better with a 24.48% return vs 16.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ABIG or MGC?

MGC is cheaper with a 0.05% expense ratio, compared with 0.49% for ABIG.

Which ETF pays a higher dividend yield, ABIG or MGC?

MGC has the higher dividend yield at 0.90%, compared with 0.09% for ABIG.

What is the main difference between ABIG and MGC?

They also come from different issuers: Argent and Vanguard. Their fees differ too: 0.49% for ABIG and 0.05% for MGC.

Which has better risk-adjusted returns?

MGC currently has the higher Sharpe Ratio (1.88 vs 1.21), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.