MGRO vs. VOO
Compare and contrast key facts about VanEck Morningstar Wide Moat Growth ETF (MGRO) and Vanguard S&P 500 ETF (VOO).
MGRO and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MGRO is a passively managed fund by VanEck that tracks the performance of the Morningstar US Broad Growth Wide Moat Focus Index - Benchmark TR Gross. It was launched on Mar 26, 2024. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both MGRO and VOO 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: MGRO or VOO.
Correlation
The correlation between MGRO and VOO is 0.76, 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
MGRO vs. VOO - Performance Comparison
Key characteristics
MGRO:
14.14%
VOO:
12.79%
MGRO:
-9.51%
VOO:
-33.99%
MGRO:
-7.78%
VOO:
-2.11%
Returns By Period
In the year-to-date period, MGRO achieves a -2.11% return, which is significantly lower than VOO's 2.40% return.
MGRO
-2.11%
-5.74%
-0.79%
N/A
N/A
N/A
VOO
2.40%
-1.05%
7.47%
19.81%
14.27%
13.03%
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MGRO vs. VOO - Expense Ratio Comparison
MGRO has a 0.49% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
MGRO vs. VOO — Risk-Adjusted Performance Rank
MGRO
VOO
MGRO vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Wide Moat Growth ETF (MGRO) and Vanguard S&P 500 ETF (VOO). 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.
Not enough dataDividends
MGRO vs. VOO - Dividend Comparison
MGRO's dividend yield for the trailing twelve months is around 0.35%, less than VOO's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGRO VanEck Morningstar Wide Moat Growth ETF | 0.35% | 0.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.22% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
MGRO vs. VOO - Drawdown Comparison
The maximum MGRO drawdown since its inception was -9.51%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for MGRO and VOO. For additional features, visit the drawdowns tool.
Volatility
MGRO vs. VOO - Volatility Comparison
The current volatility for VanEck Morningstar Wide Moat Growth ETF (MGRO) is 2.47%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.38%. This indicates that MGRO experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.