MGV vs. VIG
Compare and contrast key facts about Vanguard Mega Cap Value ETF (MGV) and Vanguard Dividend Appreciation ETF (VIG).
MGV and VIG 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. VIG is a passively managed fund by Vanguard that tracks the performance of the NASDAQ US Dividend Achievers Select Index. It was launched on Apr 21, 2006. Both MGV and VIG 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 VIG.
Performance
MGV vs. VIG - Performance Comparison
Returns By Period
In the year-to-date period, MGV achieves a 20.74% return, which is significantly higher than VIG's 18.20% return. Over the past 10 years, MGV has underperformed VIG with an annualized return of 10.68%, while VIG has yielded a comparatively higher 11.55% annualized return.
MGV
20.74%
0.08%
9.90%
28.13%
11.69%
10.68%
VIG
18.20%
-0.63%
9.31%
24.30%
12.53%
11.55%
Key characteristics
| MGV | VIG | |
|---|---|---|
| Sharpe Ratio | 2.82 | 2.45 |
| Sortino Ratio | 4.00 | 3.44 |
| Omega Ratio | 1.52 | 1.45 |
| Calmar Ratio | 5.67 | 4.78 |
| Martin Ratio | 18.30 | 15.69 |
| Ulcer Index | 1.53% | 1.55% |
| Daily Std Dev | 9.94% | 9.93% |
| Max Drawdown | -56.31% | -46.81% |
| Current Drawdown | -1.55% | -2.13% |
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MGV vs. VIG - Expense Ratio Comparison
MGV has a 0.07% expense ratio, which is higher than VIG's 0.06% expense ratio. However, 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 VIG is 0.92, 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. VIG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Mega Cap Value ETF (MGV) and Vanguard Dividend Appreciation ETF (VIG). 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. VIG - Dividend Comparison
MGV's dividend yield for the trailing twelve months is around 2.25%, more than VIG's 1.72% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGV Vanguard Mega Cap Value ETF | 2.25% | 2.48% | 2.45% | 2.17% | 2.47% | 2.69% | 2.65% | 2.34% | 2.53% | 2.59% | 2.26% | 2.29% |
VIG Vanguard Dividend Appreciation ETF | 1.72% | 1.88% | 1.96% | 1.55% | 1.63% | 1.71% | 2.08% | 1.88% | 2.14% | 2.34% | 1.95% | 1.84% |
Drawdowns
MGV vs. VIG - Drawdown Comparison
The maximum MGV drawdown since its inception was -56.31%, which is greater than VIG's maximum drawdown of -46.81%. Use the drawdown chart below to compare losses from any high point for MGV and VIG. For additional features, visit the drawdowns tool.
Volatility
MGV vs. VIG - Volatility Comparison
Vanguard Mega Cap Value ETF (MGV) and Vanguard Dividend Appreciation ETF (VIG) have volatilities of 3.65% and 3.57%, 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.