MGV vs. KWIN
MGV (Vanguard Mega Cap Value ETF) and KWIN (KraneShares Wahed Alternative Income Index ETF) are both Large Cap Value Equities funds - MGV tracks the CRSP US Mega Cap Value Index while KWIN tracks the Wahed Alternative Income Index. Both are passively managed. Their 0.13 correlation means their historical movements had little consistent relationship. MGV charges 0.05%/yr vs 0.51%/yr for KWIN.
Performance
MGV vs. KWIN - Performance Comparison
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Returns By Period
In the year-to-date period, MGV achieves a 17.26% return, which is significantly higher than KWIN's 2.01% return.
MGV
- 1D
- 0.42%
- 1M
- -0.09%
- 6M
- 10.64%
- YTD
- 17.26%
- 1Y
- 29.26%
- 3Y*
- 18.40%
- 5Y*
- 12.90%
- 10Y*
- 12.76%
- ALL TIME*
- 9.32%
KWIN
- 1D
- -0.04%
- 1M
- -1.04%
- 6M
- 1.86%
- YTD
- 2.01%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $339.12K | $313.61K | $441.01K | |
| $37.79M | $38.66M | $40.05M |
MGV vs. KWIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MGV Vanguard Mega Cap Value ETF | 17.26% | 4.10% |
KWIN KraneShares Wahed Alternative Income Index ETF | 2.01% | 0.61% |
Correlation
The correlation between MGV and KWIN is 0.13, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025 | 0.13 |
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Return for Risk
MGV vs. KWIN — Risk / Return Rank
MGV
KWIN
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MGV vs. KWIN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Mega Cap Value ETF (MGV) and KraneShares Wahed Alternative Income Index ETF (KWIN). 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 | KWIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.52 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.58 | — | — |
| Martin ratioReturn relative to average drawdown | 17.81 | — | — |
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Drawdowns
MGV vs. KWIN - Drawdown Comparison
The maximum MGV drawdown since its inception was -56.07%, which is greater than KWIN's maximum drawdown of -1.58%. Use the drawdown chart below to compare losses from any high point for MGV and KWIN.
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Drawdown Indicators
| MGV | KWIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.07% | -1.58% | -54.49% |
Max Drawdown (1Y)Largest decline over 1 year | -6.42% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -13.18% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -16.54% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -35.41% | — | — |
Current DrawdownCurrent decline from peak | -0.93% | -1.04% | +0.11% |
Average DrawdownAverage peak-to-trough decline | -7.73% | -0.34% | -7.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.65% | — | — |
Volatility
MGV vs. KWIN - Volatility Comparison
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Volatility by Period
| MGV | KWIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.77% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 7.85% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 10.21% | 4.03% | +6.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.55% | 4.03% | +9.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.30% | 4.03% | +12.27% |
MGV vs. KWIN - Expense Ratio Comparison
MGV has a 0.05% expense ratio, which is lower than KWIN's 0.51% expense ratio.
Dividends
MGV vs. KWIN - Dividend Comparison
MGV's dividend yield for the trailing twelve months is around 1.86%, while KWIN has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KWIN KraneShares Wahed Alternative Income Index ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MGV Vanguard Mega Cap Value ETF | 1.86% | 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 KWIN have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, MGV is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
MGV is cheaper with a 0.05% expense ratio, compared with 0.51% for KWIN.
MGV has the higher dividend yield at 1.86%, compared with 0.00% for KWIN.
MGV tracks CRSP US Mega Cap Value Index, while KWIN tracks Wahed Alternative Income Index. They also come from different issuers: Vanguard and KraneShares. Their fees differ too: 0.05% for MGV and 0.51% for KWIN.
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