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MGK vs. EINC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

MGK vs. EINC

Last updated Jun 24, 2026

MGK (Vanguard Mega Cap Growth ETF) and EINC (VanEck Energy Income ETF) are both exchange-traded funds - MGK is a Large Cap Growth Equities fund tracking the CRSP US Mega Cap Growth Index, while EINC is a Energy Equities fund tracking the MVIS North America Energy Infrastructure Index. Both are passively managed. Over the past 10 years, MGK returned 18.97%/yr vs 12.03%/yr for EINC. At a 0.32 correlation, their price movements are largely independent. MGK charges 0.05%/yr vs 0.45%/yr for EINC.

Performance

MGK vs. EINC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Mega Cap Growth ETF (MGK) and VanEck Energy Income ETF (EINC). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, MGK achieves a 3.65% return, which is significantly lower than EINC's 25.97% return. Over the past 10 years, MGK has outperformed EINC with an annualized return of 18.97%, while EINC has yielded a comparatively lower 12.03% annualized return.

MGK

1D
-2.12%
1M
-3.93%
YTD
3.65%
6M
2.34%
1Y
21.62%
3Y*
23.33%
5Y*
13.84%
10Y*
18.97%

EINC

1D
1.37%
1M
-4.50%
YTD
25.97%
6M
25.98%
1Y
29.82%
3Y*
30.36%
5Y*
21.18%
10Y*
12.03%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MGK vs. EINC - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
MGK
Vanguard Mega Cap Growth ETF		3.65%20.67%32.94%51.67%-33.59%28.58%41.01%37.38%-2.91%29.49%
EINC
VanEck Energy Income ETF		25.97%7.11%42.79%15.55%19.18%38.05%-19.89%16.98%-19.85%-3.45%

Correlation

The correlation between MGK and EINC is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.18

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

0.11

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

0.26

Correlation (10Y)
Calculated over the trailing 10-year period

0.29

Correlation (All Time)
Calculated using the full available price history since Mar 13, 2012

0.32

The correlation between MGK and EINC shifts across timeframes, from -0.18 (1 year) to 0.32 (all time), reflecting how their relationship changes across market environments.

MGK vs. EINC - Sectors Allocation Comparison

Sectors
MGK
EINC

Technology

59.0%

-

Communication Services

15.8%

-

Consumer Cyclical

12.2%

-

Healthcare

4.6%

-

Financial Services

4.1%

-

Real Estate

1.1%

-

Utilities

1.0%
0.6%

Industrials

1.0%
2.5%

Basic Materials

0.6%

-

Consumer Defensive

0.4%

-

Energy

-

99.4%

Technology

MGK
59.0%
EINC

-

Communication Services

MGK
15.8%
EINC

-

Consumer Cyclical

MGK
12.2%
EINC

-

Healthcare

MGK
4.6%
EINC

-

Financial Services

MGK
4.1%
EINC

-

Real Estate

MGK
1.1%
EINC

-

Utilities

MGK
1.0%
EINC
0.6%

Industrials

MGK
1.0%
EINC
2.5%

Basic Materials

MGK
0.6%
EINC

-

Consumer Defensive

MGK
0.4%
EINC

-

Energy

MGK

-

EINC
99.4%

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 Growth ETF

VanEck Energy Income ETF

Often compared with MGK:
MGK vs. VGTMGK vs. VUGMGK vs. QQQMGK vs. SCHGMGK vs. MAGSMGK vs. MGCMGK vs. MGV
Often compared with EINC:
EINC vs. XLEEINC vs. BIZDEINC vs. EMLPEINC vs. SMHEINC vs. IXCEINC vs. VPUEINC vs. ERY

Return for Risk

MGK vs. EINC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MGK
MGK Risk / Return Rank: 3333
Overall Rank
MGK Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
MGK Sortino Ratio Rank: 3434
Sortino Ratio Rank
MGK Omega Ratio Rank: 3434
Omega Ratio Rank
MGK Calmar Ratio Rank: 2727
Calmar Ratio Rank
MGK Martin Ratio Rank: 3131
Martin Ratio Rank
EINC
EINC Risk / Return Rank: 6464
Overall Rank
EINC Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
EINC Sortino Ratio Rank: 6060
Sortino Ratio Rank
EINC Omega Ratio Rank: 6060
Omega Ratio Rank
EINC Calmar Ratio Rank: 7777
Calmar Ratio Rank
EINC Martin Ratio Rank: 5757
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.

MGK vs. EINC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Mega Cap Growth ETF (MGK) and VanEck Energy Income ETF (EINC). 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.

MGKEINCDifference
Sharpe ratioReturn per unit of total volatility
1.26
1.99

-0.73

Sortino ratioReturn per unit of downside risk
1.76
2.67

-0.92

Omega ratioGain probability vs. loss probability

1.22

1.35

-0.13

Calmar ratioReturn relative to maximum drawdown

1.29

3.80

-2.51

Martin ratioReturn relative to average drawdown

4.31

9.63

-5.32

MGK vs. EINC - Sharpe Ratio Comparison

The current MGK Sharpe Ratio is 1.26, which is lower than the EINC Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of MGK and EINC, 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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Drawdowns

MGK vs. EINC - Drawdown Comparison

The maximum MGK drawdown since its inception was -48.43%, smaller than the maximum EINC drawdown of -87.55%. Use the drawdown chart below to compare losses from any high point for MGK and EINC.

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Drawdown Indicators

MGKEINCDifference

Max Drawdown

Largest peak-to-trough decline

-48.43%

-87.55%

+39.12%

Max Drawdown (1Y)

Largest decline over 1 year

-16.85%

-7.89%

-8.96%

Max Drawdown (3Y)

Largest decline over 3 years

-23.36%

-16.01%

-7.35%

Max Drawdown (5Y)

Largest decline over 5 years

-36.01%

-19.87%

-16.14%

Max Drawdown (10Y)

Largest decline over 10 years

-36.01%

-68.85%

+32.84%

Current Drawdown

Current decline from peak

-7.14%

-4.50%

-2.64%

Average Drawdown

Average peak-to-trough decline

-7.58%

-44.15%

+36.57%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.02%

3.10%

+1.92%

Volatility

MGK vs. EINC - Volatility Comparison

Vanguard Mega Cap Growth ETF (MGK) has a higher volatility of 7.08% compared to VanEck Energy Income ETF (EINC) at 6.51%. This indicates that MGK's price experiences larger fluctuations and is considered to be riskier than EINC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

MGKEINCDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.08%

6.51%

+0.57%

Volatility (6M)

Calculated over the trailing 6-month period

13.75%

11.88%

+1.87%

Volatility (1Y)

Calculated over the trailing 1-year period

17.33%

15.10%

+2.23%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.80%

19.54%

+3.26%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.96%

25.43%

-3.47%

MGK vs. EINC - Expense Ratio Comparison

MGK has a 0.05% expense ratio, which is lower than EINC's 0.45% expense ratio.

Dividends

MGK vs. EINC - Dividend Comparison

MGK's dividend yield for the trailing twelve months is around 0.34%, less than EINC's 3.51% yield.

PositionTTM20252024202320222021202020192018201720162015
EINC
VanEck Energy Income ETF		3.51%4.51%3.33%3.77%2.89%6.03%6.69%9.66%11.31%8.53%9.71%28.53%
MGK
Vanguard Mega Cap Growth ETF		0.34%0.35%0.43%0.50%0.70%0.41%0.65%0.85%1.12%1.23%1.53%1.43%

Frequently Asked Questions

MGK and EINC have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

MGK has higher volatility (7.08%) compared to EINC (6.51%). In terms of maximum drawdown, MGK dropped -48.43% vs EINC's -87.55%.

On 10-year performance, MGK leads with 18.97% vs 12.03% for EINC. On fees, MGK is cheaper at 0.05% per year. On volatility, EINC has been the lower-risk option at 6.51%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, MGK has performed better with a 18.97% return vs 12.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

MGK is cheaper with a 0.05% expense ratio, compared with 0.45% for EINC.

EINC has the higher dividend yield at 3.51%, compared with 0.34% for MGK.

MGK is categorized as Large Cap Growth Equities, while EINC is Energy Equities. MGK tracks CRSP US Mega Cap Growth Index, while EINC tracks MVIS North America Energy Infrastructure Index. They also come from different issuers: Vanguard and VanEck. Their fees differ too: 0.05% for MGK and 0.45% for EINC.

EINC currently has the higher Sharpe Ratio (1.99 vs 1.26), 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.

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