MGV vs. MGK
Compare and contrast key facts about Vanguard Mega Cap Value ETF (MGV) and Vanguard Mega Cap Growth ETF (MGK).
MGV and MGK 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. 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. Both MGV and MGK 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 MGK.
Performance
MGV vs. MGK - Performance Comparison
Returns By Period
In the year-to-date period, MGV achieves a 22.16% return, which is significantly lower than MGK's 29.83% return. Over the past 10 years, MGV has underperformed MGK with an annualized return of 10.81%, while MGK has yielded a comparatively higher 16.23% annualized return.
MGV
22.16%
1.33%
12.55%
29.28%
11.94%
10.81%
MGK
29.83%
1.82%
14.74%
34.36%
20.06%
16.23%
Key characteristics
| MGV | MGK | |
|---|---|---|
| Sharpe Ratio | 2.96 | 2.03 |
| Sortino Ratio | 4.21 | 2.66 |
| Omega Ratio | 1.55 | 1.37 |
| Calmar Ratio | 6.00 | 2.59 |
| Martin Ratio | 19.37 | 9.82 |
| Ulcer Index | 1.53% | 3.57% |
| Daily Std Dev | 10.00% | 17.30% |
| Max Drawdown | -56.31% | -48.36% |
| Current Drawdown | -0.39% | -1.38% |
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MGV vs. MGK - Expense Ratio Comparison
Both MGV and MGK have an expense ratio of 0.07%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Correlation
The correlation between MGV and MGK is 0.77, 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. MGK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Mega Cap Value ETF (MGV) and Vanguard Mega Cap Growth ETF (MGK). 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. MGK - Dividend Comparison
MGV's dividend yield for the trailing twelve months is around 2.23%, more than MGK's 0.42% 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% |
MGK Vanguard Mega Cap Growth ETF | 0.42% | 0.50% | 0.70% | 0.41% | 0.65% | 0.85% | 1.12% | 1.23% | 1.53% | 1.43% | 1.25% | 1.29% |
Drawdowns
MGV vs. MGK - Drawdown Comparison
The maximum MGV drawdown since its inception was -56.31%, which is greater than MGK's maximum drawdown of -48.36%. Use the drawdown chart below to compare losses from any high point for MGV and MGK. For additional features, visit the drawdowns tool.
Volatility
MGV vs. MGK - Volatility Comparison
The current volatility for Vanguard Mega Cap Value ETF (MGV) is 3.81%, while Vanguard Mega Cap Growth ETF (MGK) has a volatility of 5.40%. This indicates that MGV experiences smaller price fluctuations and is considered to be less risky than MGK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.