Investors Compare Vanguard VONG and MGK Growth ETFs

Investors are analyzing the performance and risk profiles of two growth-oriented exchange-traded funds managed by The Vanguard Group: the Vanguard Russell 1000 Growth ETF (VONG) and the Vanguard Morningstar Mega Cap Growth ETF (MGK). Both funds maintain low expense ratios, with VONG at 0.06% and MGK at 0.05%, and both hold significant positions in technology leaders such as Nvidia and Apple.

VONG utilizes a broader diversification strategy across 369 securities, which has resulted in lower volatility with a beta of 1.19 and a maximum five-year drawdown of 32.72%. Its one-year returns stand at 12.49%.

In contrast, MGK employs a more concentrated approach focusing on 56 mega-cap firms. This strategy delivered higher one-year returns of 19.10% but carries increased risk, featuring a higher beta of 1.26 and a maximum drawdown of 36.02%.