Vanguard Growth Showdown: MGK vs. VOOG Trade Concentration for Diversification

Overview

• MGK zeroes in on mega-cap growth leaders with about 60 holdings, a roughly 55% technology weight, and top positions in Nvidia, Apple and Microsoft exceeding 35% of assets.
• VOOG tracks the S&P 500 growth slice across roughly 140 stocks with about 49% in technology and similar top three names totaling around 32%.
• Reported 1-year total returns as of Jan. 24, 2026 were 15.75% for VOOG versus 14.60% for MGK, with five-year max drawdowns near −32.74% and −36.02%, respectively.
• Five-year growth of $1,000 reached about $1,880 for VOOG and $1,954 for MGK, indicating comparable long-run outcomes despite different risk profiles.
• Both funds carry a 0.07% expense ratio, while AUM was approximately $22 billion for VOOG and $32 billion for MGK, and dividend yields were roughly 0.49% and 0.35%.