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MGK ETF Profile

MGK is a U.S. growth equity ETF from Vanguard. Its largest disclosed positions include NVDA, AAPL, and MSFT, and the top three holdings account for 35.36% of portfolio weight shown here. On ETF Overlap Checker, it currently connects to 64 comparison pages.

Issuer

Vanguard

Asset Class

Large Cap Equity

Holdings

59

Compare Pages

64

About MGK

The Vanguard Mega Cap Growth ETF (MGK) aims to replicate the performance of the CRSP US Mega Cap Growth Index. It achieves this through a passively managed, full-replication strategy, meaning it invests in all constituents of the index. This provides investors with a straightforward and diversified avenue to gain exposure to the largest, growth-oriented companies within the U.S. market. For 75% of its total assets, specific investment limitations are in place: the fund is generally prohibited from acquiring more than 10% of the outstanding voting shares of any single company. Additionally, it typically cannot invest more than 5% of its total assets in the securities of any one issuer, unless necessary to closely align the portfolio with the target index's composition. These limitations do not, however, extend to obligations issued by the U.S. government or its associated agencies and instrumentalities.

  • MGK has a more focused holdings footprint, with 59 positions in the latest imported dataset.
  • The largest disclosed position is NVDA at 13.75% of the portfolio.
  • The top three disclosed holdings make up 35.36% of the portfolio, and the top ten add up to 65.76%.
  • Sector labels are limited in the visible top holdings, so the biggest positions matter more than sector buckets here.
  • MGK currently appears in 64 active ETF comparison pages on this site.

Data And Coverage

Expense ratio
0.05%
AUM
$33B
Inception date
Dec 17, 2007
Holdings updated
Aug 13, 2026
Data source
Financial Modeling Prep

Review the methodology for the overlap formula and visit the ETF directory for the full set of indexed fund hubs.

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What Stands Out About MGK

01

Portfolio Shape

The disclosed top holdings suggest a more concentrated portfolio than a plain broad-market fund. NVDA, AAPL, and MSFT account for much of the visible weight, with the top three at 35.36% and the top ten at 65.76%. Sector labels are limited in the visible top holdings, so the concentration read is driven mainly by the largest names themselves.

02

What Kind Of Overlap To Expect

MGK should show the most meaningful overlap with adjacent style, factor, or dividend funds that own similar large positions. Comparisons against broader market or international ETFs will usually look more differentiated. That makes overlap checks useful before stacking multiple factor tilts that may still share the same core names.

03

When Investors Compare It

On this site, investors often compare MGK with VOO, VTI, and QQQ. Those matchups usually answer a simple question: does adding this fund create a different sleeve, or does it mostly duplicate exposure you already own? MGK currently connects to 64 live comparison pages.

Holdings Concentration Snapshot

Concentration

Largest disclosed holding
13.75%
Top 3 holdings
35.36%
Top 10 holdings
65.76%
Total holdings
59

These numbers help show whether MGK behaves more like a broad portfolio building block or a fund where the biggest positions dominate the ride.

Visible Sector Mix

Sector labels are limited in the visible top holdings for MGK, so the strongest signal here is still the size of the largest positions themselves.

Top Holdings

These holdings help explain how MGK overlaps with other funds. The top ten disclosed positions represent 65.76% of the portfolio shown here.

Methodology
HoldingNameSectorWeight
NVDANVIDIA CorpN/A13.75%
AAPLApple IncN/A12.60%
MSFTMicrosoft CorpN/A9.01%
GOOGLAlphabet IncN/A5.51%
AMZNAmazon.com IncN/A4.59%
AVGOBroadcom IncN/A4.40%
GOOGAlphabet IncN/A4.37%
TSLATesla IncN/A4.18%
METAMeta Platforms IncN/A4.17%
LLYEli Lilly & CoN/A3.17%

Related Overlap Comparisons

Use these pages to see whether adding MGK changes your exposure or mostly duplicates positions you already own.

MGK vs VOO->MGK vs VTI->MGK vs QQQ->MGK vs VGT->MGK vs SCHD->MGK vs VYM->MGK vs VXUS->MGK vs SPY->AGG vs MGK->BND vs MGK->DGRO vs MGK->DIA vs MGK->

Frequently Asked Questions About MGK

What kind of ETF is MGK?+
MGK is a U.S. growth equity ETF.
What are the biggest holdings in MGK?+
MGK's largest disclosed positions currently include NVDA, AAPL, and MSFT. The single biggest visible holding is NVDA at 13.75% of the portfolio.
Is MGK concentrated?+
Based on the visible top holdings, MGK's top three positions account for 35.36% of the portfolio and the top ten account for 65.76%. That gives a practical read on whether the fund looks broad or more top-heavy.
What kind of overlap should you expect from MGK?+
MGK should show the most meaningful overlap with adjacent style, factor, or dividend funds that own similar large positions. Comparisons against broader market or international ETFs will usually look more differentiated. That makes overlap checks useful before stacking multiple factor tilts that may still share the same core names.
How can you compare MGK with other ETFs?+
Use the comparison pages linked from this profile to see overlap score, shared holdings, and diversification differences. Popular comparisons for MGK on this site include VOO, VTI, and QQQ, and the fund currently appears in 64 active comparison pages.