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ETFs

Vanguard Mega Cap Growth ETF

MGK
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 17 2007
Expense Ratio
0.07%
Type
US Equities
Fund Owner
Vanguard
Volume (1m avg. daily)
$72,814,477
AUM
$13,805,956,815
Associated Index
CRSP U.S. Mega Cap Growth Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

AAPL
Apple Inc
15.29%
MSFT
Microsoft Corporation
13.28%
AMZN
Amazon.com Inc.
6.56%
NVDA
NVIDIA Corp
5.75%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
4.41%
TSLA
Tesla Inc
3.79%
GOOG
Alphabet Inc - Ordinary Shares - Class C
3.74%
META
Meta Platforms Inc - Ordinary Shares - Class A
3.57%
LLY
Lilly(Eli) & Co
2.59%
V
Visa Inc - Ordinary Shares - Class A
2.17%
Invest with MGK

What is MGK?

Seeks to track the performance of the CRSP U.S. Mega Cap Growth Index. Employs a passively managed full-replication approach. Provides a convenient way to get diversified exposure to the largest growth stocks in the U.S. market.

ETFs related toMGK

ETFs correlated to MGK include VUG, SCHG, IWY

MGK
Vanguard Group, Inc. - Vanguard Mega Cap Growth ETF
VUG
Vanguard Group, Inc. - Vanguard Growth ETF
SCHG
Schwab Strategic Trust - Schwab U.S. Large-Cap Growth ETF
IWY
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 Growth ETF
TQQQ
ProShares Trust - ProShares UltraPro QQQ 3x Shares
IWF
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Growth ETF
QQQ
Invesco Capital Management LLC - Invesco QQQ Trust Series 1
QLD
ProShares Trust - ProShares Ultra QQQ 2x Shares
QQQM
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 ETF
VONG
Vanguard Group, Inc. - Vanguard Russell 1000 Growth Index ETF
TCHP
T. Rowe Price ExchangeTraded Funds Inc - T. Rowe Price Blue Chip Growth ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

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Create your own algorithmic trading strategy with MGK using Composer

FAQ

MGK is a US Equities ETF. Seeks to track the performance of the CRSP U.S. Mega Cap Growth Index. Employs a passively managed full-replication approach. Provides a convenient way to get diversified exposure to the largest growth stocks in the U.S. market.

MGK tracks the CRSP U.S. Mega Cap Growth Index.

No, MGK is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, MGK is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on MGK is -0.0089%. This is the percent change in the value of MGK over the most recent 1-month period. The 3-month return on MGK is 0.0059%. This is the percent change in the value of MGK over the most recent 3-month period.

The standard deviation of MGK for the past year is 0.2297%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to MGK include IWO, VTV, and IVW.

ETFs correlated to MGK include VUG, SCHG, and IWY.

ETFs that are inversely correlated to MGK include SQQQ, QID, and PSQ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.