ILCG vs. MGK
Compare and contrast key facts about iShares Morningstar Growth ETF (ILCG) and Vanguard Mega Cap Growth ETF (MGK).
ILCG and MGK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ILCG is a passively managed fund by iShares that tracks the performance of the Morningstar US Large-Mid Cap Broad Growth Index Gross. It was launched on Jun 28, 2004. MGK is a passively managed fund by Vanguard that tracks the performance of the MSCI US Large Cap Growth Index. It was launched on Dec 17, 2007. Both ILCG and MGK are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ILCG or MGK.
Key characteristics
| ILCG | MGK | |
|---|---|---|
| YTD Return | 27.85% | 27.48% |
| 1Y Return | 48.26% | 47.67% |
| 3Y Return (Ann) | 7.45% | 9.69% |
| 5Y Return (Ann) | 17.83% | 20.02% |
| 10Y Return (Ann) | 15.35% | 16.34% |
| Sharpe Ratio | 2.95 | 2.84 |
| Sortino Ratio | 3.74 | 3.62 |
| Omega Ratio | 1.54 | 1.51 |
| Calmar Ratio | 2.60 | 3.40 |
| Martin Ratio | 15.71 | 13.66 |
| Ulcer Index | 3.12% | 3.54% |
| Daily Std Dev | 16.66% | 17.02% |
| Max Drawdown | -52.98% | -48.36% |
| Current Drawdown | -0.51% | -0.63% |
Correlation
The correlation between ILCG and MGK is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
ILCG vs. MGK - Performance Comparison
The year-to-date returns for both stocks are quite close, with ILCG having a 27.85% return and MGK slightly lower at 27.48%. Over the past 10 years, ILCG has underperformed MGK with an annualized return of 15.35%, while MGK has yielded a comparatively higher 16.34% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ILCG vs. MGK - Expense Ratio Comparison
ILCG has a 0.04% expense ratio, which is lower than MGK's 0.07% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
ILCG vs. MGK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Morningstar Growth ETF (ILCG) and Vanguard Mega Cap Growth ETF (MGK). 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.
Dividends
ILCG vs. MGK - Dividend Comparison
ILCG's dividend yield for the trailing twelve months is around 0.54%, more than MGK's 0.43% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ILCG iShares Morningstar Growth ETF | 0.54% | 0.69% | 0.75% | 0.34% | 0.28% | 0.54% | 0.81% | 0.89% | 0.95% | 0.99% | 0.87% | 0.94% |
MGK Vanguard Mega Cap Growth ETF | 0.43% | 0.50% | 0.70% | 0.41% | 0.65% | 0.85% | 1.12% | 1.23% | 1.53% | 1.43% | 1.25% | 1.29% |
Drawdowns
ILCG vs. MGK - Drawdown Comparison
The maximum ILCG drawdown since its inception was -52.98%, which is greater than MGK's maximum drawdown of -48.36%. Use the drawdown chart below to compare losses from any high point for ILCG and MGK. For additional features, visit the drawdowns tool.
Volatility
ILCG vs. MGK - Volatility Comparison
The current volatility for iShares Morningstar Growth ETF (ILCG) is 3.24%, while Vanguard Mega Cap Growth ETF (MGK) has a volatility of 3.68%. This indicates that ILCG experiences smaller price fluctuations and is considered to be less risky than MGK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.