PRF vs. MGV
Compare and contrast key facts about Invesco RAFI US 1000 ETF (PRF) and Vanguard Mega Cap Value ETF (MGV).
PRF and MGV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PRF is a passively managed fund by Invesco that tracks the performance of the RAFI Fundamental Select US 1000 Index. It was launched on Dec 19, 2005. 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. Both PRF and MGV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
PRF vs. MGV - Performance Comparison
Loading graphics...
PRF vs. MGV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRF Invesco RAFI US 1000 ETF | 1.70% | 18.33% | 16.73% | 15.72% | -7.79% | 31.12% | 7.78% | 27.42% | -8.71% | 16.01% |
MGV Vanguard Mega Cap Value ETF | 3.25% | 15.45% | 16.94% | 9.16% | -1.22% | 25.93% | 2.50% | 25.54% | -4.13% | 16.85% |
Returns By Period
In the year-to-date period, PRF achieves a 1.70% return, which is significantly lower than MGV's 3.25% return. Both investments have delivered pretty close results over the past 10 years, with PRF having a 12.62% annualized return and MGV not far behind at 12.05%.
PRF
- 1D
- 2.15%
- 1M
- -4.01%
- YTD
- 1.70%
- 6M
- 5.97%
- 1Y
- 19.57%
- 3Y*
- 16.95%
- 5Y*
- 11.26%
- 10Y*
- 12.62%
MGV
- 1D
- 1.63%
- 1M
- -4.81%
- YTD
- 3.25%
- 6M
- 6.43%
- 1Y
- 14.96%
- 3Y*
- 15.48%
- 5Y*
- 11.32%
- 10Y*
- 12.05%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PRF vs. MGV - Expense Ratio Comparison
PRF has a 0.34% expense ratio, which is higher than MGV's 0.07% expense ratio.
Return for Risk
PRF vs. MGV — Risk / Return Rank
PRF
MGV
PRF vs. MGV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco RAFI US 1000 ETF (PRF) and Vanguard Mega Cap Value ETF (MGV). 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.
| PRF | MGV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.22 | 1.03 | +0.19 |
Sortino ratioReturn per unit of downside risk | 1.75 | 1.48 | +0.27 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.22 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.72 | 1.50 | +0.22 |
Martin ratioReturn relative to average drawdown | 8.13 | 6.54 | +1.58 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PRF | MGV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.22 | 1.03 | +0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.84 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.72 | 0.74 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.45 | 0.00 |
Correlation
The correlation between PRF and MGV is 0.96, 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.
Dividends
PRF vs. MGV - Dividend Comparison
PRF's dividend yield for the trailing twelve months is around 1.56%, less than MGV's 2.06% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRF Invesco RAFI US 1000 ETF | 1.56% | 1.59% | 1.78% | 1.84% | 2.01% | 1.58% | 1.97% | 1.99% | 2.25% | 1.58% | 2.17% | 2.25% |
MGV Vanguard Mega Cap Value ETF | 2.06% | 2.04% | 2.31% | 2.48% | 2.45% | 2.17% | 2.47% | 2.69% | 2.65% | 2.34% | 2.53% | 2.59% |
Drawdowns
PRF vs. MGV - Drawdown Comparison
The maximum PRF drawdown since its inception was -60.35%, which is greater than MGV's maximum drawdown of -55.87%. Use the drawdown chart below to compare losses from any high point for PRF and MGV.
Loading graphics...
Drawdown Indicators
| PRF | MGV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.35% | -55.87% | -4.48% |
Max Drawdown (1Y)Largest decline over 1 year | -12.03% | -10.91% | -1.12% |
Max Drawdown (5Y)Largest decline over 5 years | -19.72% | -16.54% | -3.18% |
Max Drawdown (10Y)Largest decline over 10 years | -38.16% | -35.41% | -2.75% |
Current DrawdownCurrent decline from peak | -4.58% | -4.89% | +0.31% |
Average DrawdownAverage peak-to-trough decline | -6.98% | -7.76% | +0.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.54% | 2.50% | +0.04% |
Volatility
PRF vs. MGV - Volatility Comparison
Invesco RAFI US 1000 ETF (PRF) has a higher volatility of 4.26% compared to Vanguard Mega Cap Value ETF (MGV) at 3.65%. This indicates that PRF's price experiences larger fluctuations and is considered to be riskier than MGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PRF | MGV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.26% | 3.65% | +0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 8.35% | 7.48% | +0.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.14% | 14.64% | +1.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.22% | 13.56% | +1.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.69% | 16.34% | +1.35% |