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ETF Comparison

MGK vs QQQ: Which Is the Better Pick in 2026?

A head-to-head comparison of Vanguard Mega Cap Growth ETF and Invesco QQQ Trust covering yield, cost, risk, and income potential.

Data updated July 15, 2026

ETFs115
Total AUM$4484B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

Vanguard is known for offering low-cost, passively managed ETFs that emphasize broad market exposure and long-term investing. The company operates 175 ETFs across diverse fund families including Index, Bond, Equity, Dividend, Income, International, Factor, and ESG strategies, serving investors with various goals from core portfolio building to specialized income generation. Notable for its scale and popular tickers like VB (total U.S. small-cap), BND (total bond market), and VBIAX (international bonds), Vanguard focuses on providing comprehensive, index-based investment solutions with an emphasis on cost efficiency and accessibility.

See our curated list of related YouTube videos on MGK.

ETFs256
Total AUM$971B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

Invesco is a major player in the ETF space known for offering a broad, diversified lineup of 71 funds spanning multiple investment themes and strategies. Their portfolio spans income-focused funds, factor-based equity strategies, commodity exposure, digital assets, ESG investing, and the popular Invesco QQQ family tracking the Nasdaq-100, serving both income-seeking and growth-oriented investors. The issuer is particularly recognized for specialized offerings like BulletShares (laddered bond funds), sector rotation strategies, and thematic investing options, making it a comprehensive choice for investors seeking varied exposures beyond traditional index funds.

See our curated list of related YouTube videos on QQQ.

Side-by-side snapshot

MGKQQQ
Full nameVanguard Mega Cap Growth ETFInvesco QQQ Trust
IssuerVanguardInvesco
Last Close$88.58 as of July 15, 2026$719.69 as of July 15, 2026
Distribution yield0.38%0.44%
Distribution Safety Score 10095
Expense ratio0.07%0.18%
AUM$33.4B$481B
Distribution frequencyQuarterlyQuarterly
Underlying indexCRSP US Mega Cap Growth IndexNasdaq-100 Index
ObjectiveProvide exposure to the fund's underlying index or strategy per issuer materials.Track the Nasdaq-100 Index, which includes 100 of the largest non-financial Nasdaq stocks.
Asset classEquityEquity
Inception date12/17/200703/10/1999
Beta1.261.24
Last dividend$0.0840$0.7941
Ex-dividend date06/26/202612/21/2026

Bottom lineChoose MGK if you want broad equity exposure. Choose QQQ if you want a growth tilt and can accept bigger swings for higher upside.

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Visual comparison

Key metrics

Projected income on $10K

Projections assume the current yield and share price remain constant. Actual results will vary.

Quick verdict

MGK (Vanguard Mega Cap Growth ETF) and QQQ (Invesco QQQ Trust) are both quarterly-pay dividend ETFs, but they take different approaches.

QQQ offers the higher yield at 0.44% vs 0.38% for MGK. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.

MGK is cheaper with an expense ratio of 0.07% compared to 0.18%.

They track different benchmarks: MGK is linked to CRSP US Mega Cap Growth Index while QQQ tracks Nasdaq-100 Index, which means their performance drivers differ.

QQQ is the larger fund by assets ($481B), which generally means tighter spreads and better liquidity.

Deep dive

Yield & income

On a $10,000 investment, MGK would generate roughly $3.17/month, while QQQ would produce $3.67/month, at current distribution rates. Both pay quarterly distributions.

MGK yield0.38%
QQQ yield0.44%
Monthly diff on $10K$0.50

Cost & efficiency

Over 10 years on $10,000, MGK would cost approximately $70 in fees vs $180 for QQQ (simplified, not compounded). The $110.00 difference may be offset by yield or performance.

MGK ER0.07%
QQQ ER0.18%

Strategy & risk

MGK tracks CRSP US Mega Cap Growth Index with an index approach, while QQQ tracks Nasdaq-100 Index with a growth approach. Beta is 1.26 for MGK and 1.24 for QQQ, indicating QQQ is less volatile relative to the market.

MGK beta1.26
QQQ beta1.24

Fund details

MGK is managed by Vanguard (launched 12/17/2007) with $33.4B in assets. QQQ is managed by Invesco (launched 03/10/1999) with $481B in assets.

MGK AUM$33.4B
QQQ AUM$481B

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Frequently asked questions

Is MGK or QQQ better for dividend income?

It depends on your goals. QQQ currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.

What is the difference between MGK and QQQ?

MGK (Vanguard Mega Cap Growth ETF) tracks CRSP US Mega Cap Growth Index with an index approach, while QQQ (Invesco QQQ Trust) tracks Nasdaq-100 Index with a growth approach. They are issued by Vanguard and Invesco respectively.

Can I hold both MGK and QQQ?

Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.

Which has lower fees, MGK or QQQ?

MGK has an expense ratio of 0.07% while QQQ charges 0.18%. Lower fees mean more of your investment returns stay in your pocket over time.

How much income does $10,000 in MGK vs QQQ generate?

At current rates, $10,000 in MGK would generate roughly $3.17 per month ($38.00 annually). The same in QQQ would produce about $3.67 per month ($44.00 annually).

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