MGK News & Analysis
2 articles
Market Mood
VOOG vs. MGK: Cost and Yield Comparison of Vanguard ETFs
Investors are comparing the Vanguard S&P 500 Growth ETF (VOOG) and the Vanguard Mega Cap Growth ETF (MGK). VOOG has an expense ratio of 0.07% and a 1-year yield of 0.50%, while MGK has a lower expense ratio of 0.05% but a yield of 0.30%. VOOG has 148 holdings and major positions in Nvidia (13.6%), Microsoft (7.8%), and Apple (6%), while MGK has 56 holdings with major positions in Nvidia (13.24%), Apple (12%), and Microsoft (8%). This analysis matters for investors deciding between focusing on lower costs or potential income from dividend yields.
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Vanguard Mega Cap Growth ETF (MGK) Launches 5-for-1 Stock Split
The Vanguard Mega Cap Growth ETF (MGK) will undergo a 5-for-1 stock split on April 21, increasing the number of outstanding shares while reducing the share price from approximately $410 to $82 per share post-split. As of March 27, the ETF was down 13.9% year-to-date, but as of April 16, it has since improved, now down just 0.7% YTD. This ETF has outperformed the S&P 500 over the last decade, achieving a total return of 427% compared to the S&P 500's 301.2%. The passive management structure allows for a low expense ratio of 0.05%.
Read More: Vanguard Mega Cap Growth ETF (MGK) Launches 5-for-1 Stock Split