MGK vs. SCHG
Compare and contrast key facts about Vanguard Mega Cap Growth ETF (MGK) and Schwab U.S. Large-Cap Growth ETF (SCHG).
MGK and SCHG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. SCHG is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Growth Total Stock Market Total Return Index. It was launched on Dec 11, 2009. Both MGK and SCHG 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: MGK or SCHG.
Performance
MGK vs. SCHG - Performance Comparison
Returns By Period
In the year-to-date period, MGK achieves a 28.03% return, which is significantly lower than SCHG's 30.50% return. Both investments have delivered pretty close results over the past 10 years, with MGK having a 16.20% annualized return and SCHG not far ahead at 16.38%.
MGK
28.03%
1.84%
14.00%
34.08%
19.59%
16.20%
SCHG
30.50%
2.16%
14.17%
37.63%
19.96%
16.38%
Key characteristics
| MGK | SCHG | |
|---|---|---|
| Sharpe Ratio | 2.01 | 2.24 |
| Sortino Ratio | 2.64 | 2.93 |
| Omega Ratio | 1.36 | 1.41 |
| Calmar Ratio | 2.57 | 3.08 |
| Martin Ratio | 9.77 | 12.26 |
| Ulcer Index | 3.56% | 3.11% |
| Daily Std Dev | 17.32% | 17.00% |
| Max Drawdown | -48.36% | -34.59% |
| Current Drawdown | -2.75% | -3.02% |
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MGK vs. SCHG - Expense Ratio Comparison
MGK has a 0.07% expense ratio, which is higher than SCHG's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between MGK and SCHG is 0.99, 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.
Risk-Adjusted Performance
MGK vs. SCHG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Mega Cap Growth ETF (MGK) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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
MGK vs. SCHG - Dividend Comparison
MGK's dividend yield for the trailing twelve months is around 0.43%, more than SCHG's 0.41% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SCHG Schwab U.S. Large-Cap Growth ETF | 0.41% | 0.46% | 0.55% | 0.42% | 0.52% | 0.82% | 1.27% | 1.01% | 1.04% | 1.22% | 1.09% | 1.07% |
Drawdowns
MGK vs. SCHG - Drawdown Comparison
The maximum MGK drawdown since its inception was -48.36%, which is greater than SCHG's maximum drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for MGK and SCHG. For additional features, visit the drawdowns tool.
Volatility
MGK vs. SCHG - Volatility Comparison
Vanguard Mega Cap Growth ETF (MGK) and Schwab U.S. Large-Cap Growth ETF (SCHG) have volatilities of 5.64% and 5.73%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.