MGK
Vanguard Mega Cap Growth ETF · Vanguard
US Broad Market
1Y Return
+20.1%
Expense Ratio
0.05%
AUM
$34B
Dividend Yield
0.33%
Avg Annual Growth (Since Inception)
+25.5%
Issuer
Vanguard

Overview

Concentrates on the largest US growth companies — the Magnificent 7 and their peers. Pure mega-cap growth exposure at low cost.

Top Holdings

TickerHoldingWeight
AAPLApple Inc.14.8%
MSFTMicrosoft Corp.12.4%
NVDANVIDIA Corp.11.8%
AMZNAmazon.com6.8%
METAMeta Platforms5.4%
GOOGLAlphabet A4.4%
TSLATesla Inc.3.8%
AVGOBroadcom Inc.3.4%
COSTCostco Wholesale2.8%
NFLXNetflix Inc.2.4%

Fund Details

Index
CRSP US Mega Cap Growth
# Holdings
~70
Inception
Dec 2007
Exchange
NYSE Arca
Structure
Open-End Fund
Distribution
Quarterly
Avg Annual Growth (Since Inception)
+25.5%
Avg Annual Yield (Since Inception)
0.46%

Investment Thesis

MGK concentrates on the 70 largest US growth companies at Vanguard's characteristically low 0.07% expense ratio. It provides the most cost-efficient way to own the Magnificent Seven and their peers with significant weighting. Unlike QQQ, MGK uses a CRSP methodology that includes other large compounders not listed on NASDAQ, providing slightly broader mega-cap growth coverage at lower cost.

Who It's For

Aggressive growth investors who want maximum exposure to the world's largest and most profitable technology and growth companies at Vanguard's near-zero cost. MGK suits investors with long time horizons who believe the largest US growth companies will continue compounding at above-market rates, accepting higher concentration risk in exchange for focused exposure to proven mega-cap leaders.

10-Year History

Annual Closing Price
YearClose% Chg
2016----
2017----
2018$85.92--
2019$119.84+39.5%
2020$182.62+52.4%
2021$244.22+33.7%
2022$175.49-28.1%
2023$253.64+44.5%
2024$338.77+33.6%
2025$348.12+2.8%
Annual Dividend Yield
YearYield
2016--
2017--
20180.68%
20190.58%
20200.42%
20210.38%
20220.50%
20230.42%
20240.36%
20250.38%
Annual AUM
YearAUM% Chg
2016----
2017----
2018$5B--
2019$8B+60.0%
2020$14B+75.0%
2021$21B+50.0%
2022$16B-23.8%
2023$23B+43.8%
2024$32B+39.1%
2025$35B+9.4%

Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.

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