MGK ETF — Vanguard Morningstar Mega Cap Growth ETF

Vanguard Morningstar Mega Cap Growth ETF (MGK)

Updated November 6, 2026.

MGK is a low-cost ETF that tracks the Morningstar US Mega Cap Growth Index. Its distribution rate is 0.37%, its trailing-12-month yield is 0.36%, its expense ratio is 0.05%. Dividend Vision Distribution Safety Score™ is 100/100 (Safe). Total return is 930.7% over the past 18.9 years, 334.2 points ahead of SPY at 596.5%.

Vanguard Morningstar Mega Cap Growth ETF is an index fund that tracks the Morningstar US Mega Cap Growth Index (formerly the CRSP US Mega Cap Growth Index), holding a broad portfolio of large-cap U.S. growth stocks weighted by market capitalization. The fund carries a very low expense ratio of 0.05% and distributes dividends quarterly at a modest current rate. It appeals primarily to growth-oriented investors seeking broad exposure to large-cap growth equities with minimal fees.

MGK performance versus SPY

As of Nov 5, 2026

Total return is 930.7% over the past 18.9 years, 334.2 points ahead of SPY at 596.5%. Over the past year its total return — price change plus distributions reinvested — is -0.3%. Its deepest 1-year drawdown was 15.5%.

MGK key facts

Distribution Safety Score™

100 · Safe

Safety-Adjusted Yield

0.37%

Issuer

Vanguard

Asset type

ETF

Asset class

Equity

Inception date

12/17/2007

Expense ratio

0.05%

Distribution rate

0.37%

Distribution frequency

Quarterly

Trailing yield

0.36%

Last close

$83.64 (as of 2026-11-06)

AUM

$32,700,551,786

Average volume

2,383,206

Dividend

$0.0765

Ex-dividend date

09/28/2026

Payment date

09/30/2026

Beta

1.19

How Dividend Vision calculates yield and returns

Distribution rate (0.37%) has no calculation basis on file. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.36%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Vanguard or company page; Index: Morningstar US Mega Cap Growth Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MGK risks and drawbacks

MGK's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 15.5%.

Who may consider MGK — and who may not

MGK may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (MGK pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on MGK

• MGK dividend calendar
• MGK dividend history
• All tickers starting with M

Tagged: Index.

Compare MGK

MGK vs similar funds:

• MGK vs QQQ
• MGK vs VUG

Frequently asked questions

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