Vanguard Growth Showdown: MGK’s Mega‑Cap Focus vs. VUG’s Broader Basket

Overview

• MGK concentrates in about 66 mega‑cap growth stocks with roughly 58% in technology, led by Nvidia, Apple, and Microsoft.
• VUG holds about 160 large‑cap growth names with a wider sector mix of roughly 53% technology, 14% communication services, and 14% consumer cyclical, diluting single‑name weightings.
• Costs favor VUG at a 0.04% expense ratio versus 0.07% for MGK, while assets under management are about $353 billion for VUG and $33 billion for MGK.
• Recent results show MGK up 18.90% over the past year versus 17.44% for VUG as of Dec. 22, 2025, with similar five‑year betas (about 1.24 vs. 1.23).
• Risk profiles remain close, with comparable five‑year maximum drawdowns (about −36% for MGK and −35.6% for VUG) and five‑year growth of $1,000 to roughly $2,058 for MGK and $1,953 for VUG.