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MGC vs. DJUN
Performance
Return for Risk
Drawdowns
Volatility
Dividends

MGC vs. DJUN

Last updated Jun 4, 2026

MGC (Vanguard Mega Cap ETF) and DJUN (FT Cboe Vest U.S. Equity Deep Buffer ETF - June) are both Large Cap Blend Equities funds - MGC tracks the CRSP US Mega Cap Index while DJUN tracks the Cboe S&P 500 30% (-5% to -35%) Buffer Protect June Series Index. Both are passively managed. Over the past 5 years, MGC returned 14.70%/yr vs 8.19%/yr for DJUN. Their correlation of 0.91 suggests significant overlap in exposure. MGC charges 0.05%/yr vs 0.85%/yr for DJUN.

Performance

MGC vs. DJUN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Mega Cap ETF (MGC) and FT Cboe Vest U.S. Equity Deep Buffer ETF - June (DJUN). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, MGC achieves a 10.80% return, which is significantly higher than DJUN's 3.78% return.

MGC

1D
-0.79%
1M
5.59%
YTD
10.80%
6M
10.75%
1Y
29.68%
3Y*
23.87%
5Y*
14.70%
10Y*
16.36%

DJUN

1D
0.01%
1M
0.88%
YTD
3.78%
6M
4.53%
1Y
10.92%
3Y*
11.40%
5Y*
8.19%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

MGC vs. DJUN - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
MGC
Vanguard Mega Cap ETF		10.80%19.31%27.16%29.77%-19.95%27.58%22.42%
DJUN
FT Cboe Vest U.S. Equity Deep Buffer ETF - June		3.78%9.38%13.92%17.58%-6.30%6.27%6.48%

Correlation

The correlation between MGC and DJUN is 0.88, 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

0.88

Correlation (3Y)
Calculated over the trailing 3-year period

0.92

Correlation (5Y)
Calculated over the trailing 5-year period

0.94

Correlation (All Time)
Calculated using the full available price history since Jun 23, 2020

0.91

The correlation between MGC and DJUN has been stable across timeframes, ranging from 0.88 to 0.94 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Vanguard Mega Cap ETF

FT Cboe Vest U.S. Equity Deep Buffer ETF - June

Often compared with MGC:
MGC vs. MGKMGC vs. VOOMGC vs. MGVMGC vs. FGRTXMGC vs. QQQMGC vs. VOOGMGC vs. VONG
Often compared with DJUN:
DJUN vs. VEADJUN vs. PRAYDJUN vs. FTAGDJUN vs. VTIDJUN vs. MSLCDJUN vs. SCHXDJUN vs. XMAG

Return for Risk

MGC vs. DJUN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MGC
MGC Risk / Return Rank: 6969
Overall Rank
MGC Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
MGC Sortino Ratio Rank: 7171
Sortino Ratio Rank
MGC Omega Ratio Rank: 7171
Omega Ratio Rank
MGC Calmar Ratio Rank: 6060
Calmar Ratio Rank
MGC Martin Ratio Rank: 7171
Martin Ratio Rank
DJUN
DJUN Risk / Return Rank: 7777
Overall Rank
DJUN Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
DJUN Sortino Ratio Rank: 7474
Sortino Ratio Rank
DJUN Omega Ratio Rank: 8383
Omega Ratio Rank
DJUN Calmar Ratio Rank: 7171
Calmar Ratio Rank
DJUN Martin Ratio Rank: 9090
Martin Ratio Rank
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.

MGC vs. DJUN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Mega Cap ETF (MGC) and FT Cboe Vest U.S. Equity Deep Buffer ETF - June (DJUN). 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.

MGCDJUNDifference

Sharpe ratio

Return per unit of total volatility

2.42

2.22

+0.20

Sortino ratio

Return per unit of downside risk

3.30

3.35

-0.05

Omega ratio

Gain probability vs. loss probability

1.43

1.50

-0.07

Calmar ratio

Return relative to maximum drawdown

3.03

3.51

-0.48

Martin ratio

Return relative to average drawdown

13.61

20.66

-7.05

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MGC vs. DJUN - Sharpe Ratio Comparison

The current MGC Sharpe Ratio is 2.42, which is comparable to the DJUN Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of MGC and DJUN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

MGCDJUNDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.42

2.22

+0.20

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.86

0.97

-0.11

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.90

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.60

1.04

-0.44

Drawdowns

MGC vs. DJUN - Drawdown Comparison

The maximum MGC drawdown since its inception was -51.93%, which is greater than DJUN's maximum drawdown of -11.96%. Use the drawdown chart below to compare losses from any high point for MGC and DJUN.

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Drawdown Indicators

MGCDJUNDifference

Max Drawdown

Largest peak-to-trough decline

-51.93%

-11.96%

-39.97%

Max Drawdown (1Y)

Largest decline over 1 year

-9.85%

-3.15%

-6.70%

Max Drawdown (3Y)

Largest decline over 3 years

-19.28%

-11.96%

-7.32%

Max Drawdown (5Y)

Largest decline over 5 years

-25.74%

-11.96%

-13.78%

Max Drawdown (10Y)

Largest decline over 10 years

-33.07%

—

—

Current Drawdown

Current decline from peak

-0.79%

0.00%

-0.79%

Average Drawdown

Average peak-to-trough decline

-7.06%

-1.59%

-5.47%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.19%

0.53%

+1.66%

Volatility

MGC vs. DJUN - Volatility Comparison

Vanguard Mega Cap ETF (MGC) has a higher volatility of 3.04% compared to FT Cboe Vest U.S. Equity Deep Buffer ETF - June (DJUN) at 0.25%. This indicates that MGC's price experiences larger fluctuations and is considered to be riskier than DJUN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

MGCDJUNDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.04%

0.25%

+2.79%

Volatility (6M)

Calculated over the trailing 6-month period

9.27%

3.55%

+5.72%

Volatility (1Y)

Calculated over the trailing 1-year period

12.32%

5.04%

+7.28%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.27%

8.52%

+8.75%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.21%

8.06%

+10.15%

MGC vs. DJUN - Expense Ratio Comparison

MGC has a 0.05% expense ratio, which is lower than DJUN's 0.85% expense ratio.

Dividends

MGC vs. DJUN - Dividend Comparison

MGC's dividend yield for the trailing twelve months is around 0.87%, while DJUN has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
DJUN
FT Cboe Vest U.S. Equity Deep Buffer ETF - June		0.00%0.00%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		0.87%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

MGC and DJUN have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

MGC has higher volatility (3.04%) compared to DJUN (0.25%). In terms of maximum drawdown, MGC dropped -51.93% vs DJUN's -11.96%.

On 5-year performance, MGC leads with 14.70% vs 8.19% for DJUN. On fees, MGC is cheaper at 0.05% per year. On volatility, DJUN has been the lower-risk option at 0.25%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, MGC has performed better with a 14.70% return vs 8.19%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

MGC is cheaper with a 0.05% expense ratio, compared with 0.85% for DJUN.

MGC has the higher dividend yield at 0.87%, compared with 0.00% for DJUN.

MGC tracks CRSP US Mega Cap Index, while DJUN tracks Cboe S&P 500 30% (-5% to -35%) Buffer Protect June Series Index. They also come from different issuers: Vanguard and First Trust. Their fees differ too: 0.05% for MGC and 0.85% for DJUN.

MGC currently has the higher Sharpe Ratio (2.42 vs 2.22), 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.

Portfolio Optimizer

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