MGV vs. JNJ
MGV (Vanguard Mega Cap Value ETF) is Large Cap Value Equities fund tracking the CRSP US Mega Cap Value Index, while JNJ (Johnson & Johnson) is a stock. Over the past 10 years, MGV returned 13.34%/yr vs 10.52%/yr for JNJ. A 0.55 correlation means they provide meaningful diversification when combined.
Performance
MGV vs. JNJ - Performance Comparison
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Returns By Period
In the year-to-date period, MGV achieves a 15.89% return, which is significantly lower than JNJ's 16.81% return. Over the past 10 years, MGV has outperformed JNJ with an annualized return of 13.34%, while JNJ has yielded a comparatively lower 10.52% annualized return.
MGV
- 1D
- -0.82%
- 1M
- 3.65%
- YTD
- 15.89%
- 6M
- 15.48%
- 1Y
- 28.43%
- 3Y*
- 19.53%
- 5Y*
- 12.99%
- 10Y*
- 13.34%
JNJ
- 1D
- 3.37%
- 1M
- 2.61%
- YTD
- 16.81%
- 6M
- 17.47%
- 1Y
- 61.94%
- 3Y*
- 16.40%
- 5Y*
- 10.99%
- 10Y*
- 10.52%
MGV vs. JNJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MGV Vanguard Mega Cap Value ETF | 15.89% | 15.45% | 16.94% | 9.16% | -1.22% | 25.93% | 2.50% | 25.54% | -4.13% | 16.85% |
JNJ Johnson & Johnson | 16.81% | 47.48% | -4.81% | -8.58% | 5.97% | 11.44% | 10.82% | 16.22% | -5.13% | 24.43% |
Correlation
The correlation between MGV and JNJ is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Dec 27, 2007 | 0.55 |
Over the past year, the correlation between MGV and JNJ has dropped to 0.23 - well below their long-term average of 0.55, suggesting their price drivers have been diverging.
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Return for Risk
MGV vs. JNJ — Risk / Return Rank
MGV
JNJ
MGV vs. JNJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Mega Cap Value ETF (MGV) and Johnson & Johnson (JNJ). 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.
| MGV | JNJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.77 | ||
| Sortino ratioReturn per unit of downside risk | -1.11 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.64 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 4.45 | 5.68 | -1.23 |
| Martin ratioReturn relative to average drawdown | 16.89 | 16.53 | +0.36 |
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Drawdowns
MGV vs. JNJ - Drawdown Comparison
The maximum MGV drawdown since its inception was -56.07%, which is greater than JNJ's maximum drawdown of -50.67%. Use the drawdown chart below to compare losses from any high point for MGV and JNJ.
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Drawdown Indicators
| MGV | JNJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.07% | -50.67% | -5.40% |
Max Drawdown (1Y)Largest decline over 1 year | -6.42% | -10.96% | +4.54% |
Max Drawdown (3Y)Largest decline over 3 years | -13.18% | -15.95% | +2.77% |
Max Drawdown (5Y)Largest decline over 5 years | -16.54% | -18.41% | +1.87% |
Max Drawdown (10Y)Largest decline over 10 years | -35.41% | -27.37% | -8.04% |
Current DrawdownCurrent decline from peak | -0.82% | -3.26% | +2.44% |
Average DrawdownAverage peak-to-trough decline | -7.77% | -11.90% | +4.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.69% | 3.76% | -2.07% |
Volatility
MGV vs. JNJ - Volatility Comparison
The current volatility for Vanguard Mega Cap Value ETF (MGV) is 3.49%, while Johnson & Johnson (JNJ) has a volatility of 7.05%. This indicates that MGV experiences smaller price fluctuations and is considered to be less risky than JNJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MGV | JNJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.49% | 7.05% | -3.56% |
Volatility (6M)Calculated over the trailing 6-month period | 7.82% | 12.69% | -4.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.18% | 17.40% | -7.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.58% | 16.99% | -3.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.32% | 18.54% | -2.22% |
Dividends
MGV vs. JNJ - Dividend Comparison
MGV's dividend yield for the trailing twelve months is around 1.84%, less than JNJ's 2.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNJ Johnson & Johnson | 2.19% | 2.48% | 3.40% | 3.00% | 2.52% | 2.45% | 2.53% | 2.57% | 2.74% | 2.38% | 2.73% | 2.87% |
MGV Vanguard Mega Cap Value ETF | 1.84% | 2.04% | 2.31% | 2.48% | 2.45% | 2.17% | 2.47% | 2.69% | 2.65% | 2.34% | 2.53% | 2.59% |
Frequently Asked Questions
MGV and JNJ have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JNJ has higher volatility (7.05%) compared to MGV (3.49%). In terms of maximum drawdown, MGV dropped -56.07% vs JNJ's -50.67%.
JNJ currently has the higher Sharpe Ratio (3.58 vs 2.81), 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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