VOOG and MGK offer low-cost U.S. growth exposure but vary in portfolio breadth, expense ratios, and trailing-12-month payouts.
Vanguard’s S&P 500 Growth ETF (VOOG) and Mega Cap Growth ETF (MGK) provide distinct approaches to U.S. growth investing. MGK charges a 0.05% expense ratio, undercutting VOOG’s 0.07%, but VOOG delivers a higher trailing-12-month dividend of $0.37 per share.
VOOG holds 148 stocks across the S&P 500, with 52% in technology, while MGK focuses on the largest market-cap names. VOOG’s top holdings include NVDA (13.6%), MSFT (7.8%), and AAPL (6%). Both funds track different index methodologies, affecting concentration and diversification.
Investors face a trade-off between lower costs and broader exposure, with income seekers favoring VOOG’s higher yield.