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ETFs

Vanguard Mega Cap Value ETF

MGV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 17 2007
Expense Ratio
0.07%
Type
US Equities
Fund Owner
Vanguard
Volume (1m avg. daily)
$14,533,038
AUM
$5,917,142,968
Associated Index
CRSP U.S. Mega Cap Value Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

BRK/B
Berkshire Hathaway Inc. - Ordinary Shares - Class B
4.04%
XOM
Exxon Mobil Corp.
3.25%
UNH
Unitedhealth Group Inc
3.21%
JPM
JPMorgan Chase & Co.
3.09%
JNJ
Johnson & Johnson
2.81%
AVGO
Broadcom Inc
2.78%
PG
Procter & Gamble Co.
2.63%
CVX
Chevron Corp.
2.11%
MRK
Merck & Co Inc
2.00%
ABBV
Abbvie Inc
1.87%
Invest with MGV

What is MGV?

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

ETFs related toMGV

ETFs correlated to MGV include VTV, VYM, DLN

MGV
Vanguard Group, Inc. - Vanguard Mega Cap Value ETF
VTV
Vanguard Group, Inc. - Vanguard Value ETF
VYM
Vanguard Group, Inc. - Vanguard High Dividend Yield Indx ETF
DLN
WisdomTree Trust - WisdomTree U.S. LargeCap Dividend Fund
IWX
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 Value ETF
SCHV
Schwab Strategic Trust - Schwab U.S. Large-Cap Value ETF
DGRO
BlackRock Institutional Trust Company N.A. - iShares Core Dividend Growth ETF
DTD
WisdomTree Trust - WisdomTree U.S. Total Dividend Fund
JAVA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Active Value ETF
NULV
Nuveen Fund Advisors LLC - Nuveen ESG Large-Cap Value ETF
ILCV
BlackRock Institutional Trust Company N.A. - iShares Morningstar Value 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.

Automated Strategies
Related toMGV

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

Create your own algorithmic trading strategy with MGV using Composer

FAQ

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

MGV tracks the CRSP U.S. Mega Cap Value Index.

No, MGV 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, MGV 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 MGV is 0.0028%. This is the percent change in the value of MGV over the most recent 1-month period. The 3-month return on MGV is 0.0179%. This is the percent change in the value of MGV over the most recent 3-month period.

The standard deviation of MGV for the past year is 0.144%. 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 MGV include IWO, VUG, and IVW.

ETFs correlated to MGV include VTV, VYM, and DLN.

ETFs that are inversely correlated to MGV include DOG, SDOW, and DXD.

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.