MGV vs. FNDX
Compare and contrast key facts about Vanguard Mega Cap Value ETF (MGV) and Schwab Fundamental U.S. Large Company Index ETF (FNDX).
MGV and FNDX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MGV is a passively managed fund by Vanguard that tracks the performance of the MSCI US Large Cap Value Index. It was launched on Dec 17, 2007. FNDX is a passively managed fund by Charles Schwab that tracks the performance of the Russell Fundamental U.S. Large Company Index. It was launched on Aug 15, 2013. Both MGV and FNDX 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: MGV or FNDX.
Performance
MGV vs. FNDX - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with MGV having a 22.16% return and FNDX slightly lower at 22.09%. Over the past 10 years, MGV has underperformed FNDX with an annualized return of 10.81%, while FNDX has yielded a comparatively higher 14.01% annualized return.
MGV
22.16%
1.33%
12.55%
29.28%
11.94%
10.81%
FNDX
22.09%
2.37%
13.74%
31.33%
17.81%
14.01%
Key characteristics
| MGV | FNDX | |
|---|---|---|
| Sharpe Ratio | 2.96 | 2.91 |
| Sortino Ratio | 4.21 | 3.97 |
| Omega Ratio | 1.55 | 1.53 |
| Calmar Ratio | 6.00 | 4.94 |
| Martin Ratio | 19.37 | 18.79 |
| Ulcer Index | 1.53% | 1.70% |
| Daily Std Dev | 10.00% | 10.99% |
| Max Drawdown | -56.31% | -37.71% |
| Current Drawdown | -0.39% | -0.73% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MGV vs. FNDX - Expense Ratio Comparison
MGV has a 0.07% expense ratio, which is lower than FNDX's 0.25% 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%.
Correlation
The correlation between MGV and FNDX is 0.95, 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
MGV vs. FNDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Mega Cap Value ETF (MGV) and Schwab Fundamental U.S. Large Company Index ETF (FNDX). 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
MGV vs. FNDX - Dividend Comparison
MGV's dividend yield for the trailing twelve months is around 2.23%, less than FNDX's 4.12% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGV Vanguard Mega Cap Value ETF | 2.23% | 2.48% | 2.45% | 2.17% | 2.47% | 2.69% | 2.65% | 2.34% | 2.53% | 2.59% | 2.26% | 2.29% |
FNDX Schwab Fundamental U.S. Large Company Index ETF | 4.12% | 3.75% | 4.20% | 2.37% | 2.29% | 5.67% | 4.97% | 2.63% | 3.96% | 3.85% | 3.36% | 1.24% |
Drawdowns
MGV vs. FNDX - Drawdown Comparison
The maximum MGV drawdown since its inception was -56.31%, which is greater than FNDX's maximum drawdown of -37.71%. Use the drawdown chart below to compare losses from any high point for MGV and FNDX. For additional features, visit the drawdowns tool.
Volatility
MGV vs. FNDX - Volatility Comparison
Vanguard Mega Cap Value ETF (MGV) and Schwab Fundamental U.S. Large Company Index ETF (FNDX) have volatilities of 3.81% and 3.96%, 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.