VANGUARD MEGA CAP GROWTH INDEX FUND

VANGUARD WORLD FUND · Series S000019700 · 2 share classes

Equity fund · 100% stocks
One fund, 2 share classes:VMGAXMGK
$27.85B NAV
64 positions · as of 2026-03-31 · filed 2026-05-28
data updated 2026-08-10

Fund profile

As filed in the prospectus · 2026 Q1

Vanguard Mega Cap Growth ETF, an exchange-traded share class of Vanguard Mega Cap Growth Index Fund (the Fund), seeks to track the performance of a benchmark index that measures the investment return of large-capitalization growth stocks in the United States.

Strategy · summarised

The fund tracks the CRSP US Mega Cap Growth Index through full replication, holding all or substantially all index constituents in their target weights to measure the performance of large-capitalization growth stocks in the United States. Because the fund may become concentrated in particular issuers or industries as a result of index rebalancing or market movement, performance may diverge from the index during such events.

Expenses
0.05% 0.05%across 2 share classes
Share classExpense ratio
VMGAX0.05%
MGK0.05%

Portfolio turnover 14.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q1

100.03%
of net assets
Stocks99.80%
Cash & short-term0.23%
Derivatives-0.00%

The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

vs 2025Q4: 6 new5 exited

Largest new: SNDK, GLW, IBKR

Largest exited: AMT, CMG, WDAY, MSTR

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026

Share class1-year3-year5-yearVolWorst fall
Cumulative return· Apr 2023 – Feb 2026

Mar 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
NVIDIA CorpNVDA13.75%$3.83B
Apple IncAAPL12.60%$3.51B
Microsoft CorpMSFT9.02%$2.51B
Alphabet IncGOOGL5.51%$1.54B
Amazon.com IncAMZN4.59%$1.28B
Broadcom IncAVGO4.40%$1.23B
Alphabet IncGOOG4.37%$1.22B
Tesla IncTSLA4.18%$1.16B
Meta Platforms IncMETA4.17%$1.16B
Eli Lilly & CoLLY3.17%$883.56M
Showing 10 of 64Sign in to see more

Top 10 positions are 65.76% of net assets, top 25 83.50%, across 60 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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