MGK Profile
Vanguard Mega Cap Growth ETF (MGK) is an exchange-traded fund offered by Vanguard that invests in the largest growth-oriented companies in the U.S. stock market. The fund seeks to track the performance of the CRSP US Mega Cap Growth Index, which consists of approximately 250 large-cap growth companies.
As of February 18, 2023, the top 10 holdings of the fund include some of the biggest companies in the world such as Apple Inc., Microsoft Corp., Amazon.com Inc., Alphabet Inc. (Google), and Facebook Inc.
The fund has a low expense ratio and is well diversified across various sectors. It is primarily targeted at investors seeking long-term growth and capital appreciation. However, investors should keep in mind that as a growth-oriented fund, MGK may be more volatile than other types of equity funds, and its performance may fluctuate more with changes in the economy and the stock market.
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