TFC vs. MGK

Last updated Jun 13, 2026

TFC (Truist Financial Corporation) is a stock, while MGK (Vanguard Mega Cap Growth ETF) is Large Cap Growth Equities fund tracking the CRSP US Mega Cap Growth Index. Over the past 10 years, TFC returned 8.15%/yr vs 18.85%/yr for MGK. At a 0.49 correlation, their price movements are largely independent.

Performance

TFC vs. MGK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Truist Financial Corporation (TFC) and Vanguard Mega Cap Growth ETF (MGK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TFC achieves a 7.16% return, which is significantly higher than MGK's 5.33% return. Over the past 10 years, TFC has underperformed MGK with an annualized return of 8.15%, while MGK has yielded a comparatively higher 18.85% annualized return.

TFC

• 1D: 1.93%
• 1M: 10.01%
• YTD: 7.16%
• 6M: 5.70%
• 1Y: 38.57%
• 3Y*: 22.99%
• 5Y*: 2.50%
• 10Y*: 8.15%

MGK

• 1D: 0.22%
• 1M: -1.87%
• YTD: 5.33%
• 6M: 6.21%
• 1Y: 24.77%
• 3Y*: 24.17%
• 5Y*: 14.87%
• 10Y*: 18.85%

*Multi-year figures are annualized to reflect compound growth (CAGR)

TFC vs. MGK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TFC Truist Financial Corporation	7.16%	19.05%	23.72%	-8.59%	-23.53%	26.08%	-11.16%	34.55%	-10.24%	8.66%
MGK Vanguard Mega Cap Growth ETF	5.33%	20.67%	32.94%	51.67%	-33.59%	28.58%	41.01%	37.38%	-2.91%	29.49%

Correlation

The correlation between TFC and MGK is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.41
Correlation (10Y) Calculated over the trailing 10-year period	0.38
Correlation (All Time) Calculated using the full available price history since Dec 27, 2007	0.49

Over the past year, the correlation between TFC and MGK has dropped to 0.25 - well below their long-term average of 0.49, suggesting their price drivers have been diverging.

Return for Risk

TFC vs. MGK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TFC

TFC Risk / Return Rank: 77
TFC Sharpe Ratio Rank: 83
TFC Sortino Ratio Rank: 78
TFC Omega Ratio Rank: 77
TFC Calmar Ratio Rank: 73
TFC Martin Ratio Rank: 75

MGK

MGK Risk / Return Rank: 39
MGK Sharpe Ratio Rank: 44
MGK Sortino Ratio Rank: 42
MGK Omega Ratio Rank: 42
MGK Calmar Ratio Rank: 31
MGK Martin Ratio Rank: 35

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TFC vs. MGK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Truist Financial Corporation (TFC) 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.

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.

	TFC	MGK	Difference
Sharpe ratio: Return per unit of total volatility	1.52	1.37	+0.15
Sortino ratio: Return per unit of downside risk	2.05	1.89	+0.16
Omega ratio: Gain probability vs. loss probability	1.26	1.24	+0.02
Calmar ratio: Return relative to maximum drawdown	1.71	1.37	+0.34
Martin ratio: Return relative to average drawdown	4.50	4.65	-0.15

TFC vs. MGK - Sharpe Ratio Comparison

The current TFC Sharpe Ratio is 1.52, which is comparable to the MGK Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of TFC and MGK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TFC vs. MGK - Drawdown Comparison

The maximum TFC drawdown since its inception was -66.56%, which is greater than MGK's maximum drawdown of -48.43%. Use the drawdown chart below to compare losses from any high point for TFC and MGK.

Drawdown Indicators

	TFC	MGK	Difference
Max Drawdown Largest peak-to-trough decline	-66.56%	-48.43%	-18.13%
Max Drawdown (1Y) Largest decline over 1 year	-20.67%	-16.85%	-3.82%
Max Drawdown (3Y) Largest decline over 3 years	-26.93%	-23.36%	-3.57%
Max Drawdown (5Y) Largest decline over 5 years	-59.11%	-36.01%	-23.10%
Max Drawdown (10Y) Largest decline over 10 years	-59.11%	-36.01%	-23.10%
Current Drawdown Current decline from peak	-5.51%	-5.63%	+0.12%
Average Drawdown Average peak-to-trough decline	-13.83%	-7.58%	-6.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.85%	4.97%	+2.88%

Volatility

TFC vs. MGK - Volatility Comparison

Truist Financial Corporation (TFC) has a higher volatility of 7.08% compared to Vanguard Mega Cap Growth ETF (MGK) at 5.96%. This indicates that TFC's price experiences larger fluctuations and is considered to be riskier than MGK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TFC	MGK	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.08%	5.96%	+1.12%
Volatility (6M) Calculated over the trailing 6-month period	17.32%	13.29%	+4.03%
Volatility (1Y) Calculated over the trailing 1-year period	23.30%	16.87%	+6.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.90%	22.72%	+9.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.62%	21.93%	+11.69%

Dividends

TFC vs. MGK - Dividend Comparison

TFC's dividend yield for the trailing twelve months is around 4.03%, more than MGK's 0.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MGK Vanguard Mega Cap Growth ETF	0.33%	0.35%	0.43%	0.50%	0.70%	0.41%	0.65%	0.85%	1.12%	1.23%	1.53%	1.43%
TFC Truist Financial Corporation	4.03%	4.23%	4.79%	5.63%	4.65%	3.18%	3.76%	3.04%	3.60%	2.53%	2.45%	2.78%

Frequently Asked Questions

Can I hold both TFC and MGK in my portfolio?

TFC and MGK have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TFC or MGK?

TFC has higher volatility (7.08%) compared to MGK (5.96%). In terms of maximum drawdown, TFC dropped -66.56% vs MGK's -48.43%.

Which has better risk-adjusted returns?

TFC currently has the higher Sharpe Ratio (1.52 vs 1.37), 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.