Explore how differences in cost, holdings, and risk profiles set these two popular growth ETFs apart for investors.
The Vanguard Mega Cap Growth ETF (MGK +0.60%) and the Schwab U.S. Large-Cap Growth ETF (SCHG +0.52%) both offer convenient, low-cost exposure to U.S. large-cap growth stocks, but their approaches differ: MGK is more concentrated in a handful of mega-cap names, while SCHG spreads its bets more widely.
This comparison looks at their costs, returns, risk, and portfolio construction to help investors decide which growth ETF may appeal more.
Snapshot (cost & size)
MetricMGKSCHGIssuerVanguardSchwabExpense ratio0.07%0.04%1-yr return (as of Jan. 11, 2026)21.82%18.59%Dividend yield0.35%0.36%Beta (5Y monthly)1.201.17AUM$32.5 billion$52.9 billion
Beta measures price volatility relative to the S&P 500. The 1-yr return represents total return over the trailing 12 months.
SCHG is…