VONG vs.
MGK: Is Broad Growth Diversification or Mega-Cap Concentration the Better Buy for Investors?
Investors seeking growth exposure often have to choose between a concentrated strategy and a broader large-cap index. The Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) provides exposure to nearly 400 companies across the large-cap growth spectrum, whereas the Vanguard Morningstar Mega Cap Growth ETF (NYSEMKT:MGK) focuses exclusively on the most dominant mega-cap firms. Snapshot (cost & size) Beta measures price volatility relative to the S&P 500; beta is calculated from monthly returns over the available fund history (up to five years).
The 1-year return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield. Both funds are extremely low-cost, with only a 0.01 percentage-point gap between their expense ratios.