Vanguard Mega Cap Growth ETF MGK is a low-cost, market-cap-weighted strategy that invests in the largest growth stocks in the United States. It is sensibly constructed and adept in mitigating turnover, but its narrow focus on mega-cap stocks invites concentration among its largest holdings. It retains its Morningstar Analyst Rating of Silver.
Will MGK outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MGK’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the MGK management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of MGK’s parent organization’s priorities and whether they’re in line with investors’ interests.