Better Vanguard Growth ETF: MGK vs. VONG
The Vanguard Mega Cap Growth ETF (NYSEMKT:MGK)and Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) both target large-cap U.S. growth stocks with similar low costs, but MGK is more tech-heavy and concentrated, while VONG is broader and pays a marginally higher yield.
This comparison looks at two popular growth ETFs from Vanguard: VONG, tracking the Russell 1000 Growth Index, and MGK, following the CRSP US Mega Cap Growth Index. Both aim for long-term capital appreciation from large-cap growth companies, but differ in portfolio makeup, diversification, and recent performance.
Source Fool.com
