VANGUARD MEGA CAP GROWTH INDEX FUND
U.S. stock index ETF · tracks CRSP US Mega Cap Growth Index
As of its 2026 Q2 report, VANGUARD MEGA CAP GROWTH INDEX FUND held 60 positions with $33.30B in net assets. Its ten largest holdings made up 63.7% of the fund. The MGK share class costs 0.05% a year. Over the 12 months to May 2026, MGK returned 32.7%, with dividends reinvested. In 2026 Q2 it added 7 new positions and exited 11.
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.
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.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
NVDANVIDIA Corp | 13.27% | $4.42B | 22.1M | $200.09 |
AAPLApple Inc | 12.17% | $4.05B | 14.0M | $289.36 |
MSFTMicrosoft Corp | 7.50% | $2.50B | 6.7M | $373.02 |
GOOGLAlphabet Inc | 5.92% | $1.97B | 5.5M | $357.37 |
GOOGAlphabet Inc | 4.66% | $1.55B | 4.4M | $353.33 |
AMZNAmazon.com Inc | 4.46% | $1.49B | 6.2M | $238.34 |
AVGOBroadcom Inc | 4.27% | $1.42B | 3.8M | $377.75 |
4.08% | $1.36B | 2.4M | $563.29 | |
TSLATesla Inc | 3.93% | $1.31B | 3.1M | $420.60 |
3.40% | $1.13B | 944.0K | $1,199.43 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
All 60 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.81% |
| Cash & short-term | 0.55% |
| Derivatives | 0.01% |
Derivatives are shown at market value, not notional exposure.
By sector
- Information Technology
- 59.1%
- Communication Services
- 15.7%
- Consumer Discretionary
- 11.2%
- Health Care
- 4.9%
- 7 other sectors
- 9.1%
- Information Technology
- 59.1%
- Communication Services
- 15.7%
- Consumer Discretionary
- 11.2%
- Health Care
- 4.9%
- Financials
- 4.0%
- Industrials
- 2.6%
- Real Estate
- 1.2%
- Cash
- 0.5%
- Materials
- 0.4%
- Consumer Staples
- 0.4%
- International
- 0.0%
How it has done
MGK share class · total returns with dividends reinvested
Volatility over the last 12 months: 19.59%. Past returns are a record, not a forecast.
Jun 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.
The 2 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.05% | +32.70% | +109.74% | +114.14% | -12.47% | |
| 0.05% | +32.69% | +109.69% | +114.04% | -12.47% |
These classes hold the same portfolio, so the 0.10pp spread over 5 years is the cost difference between them — roughly 0.02pp a year — not a difference in what they own.
Fees & fund details
VANGUARD MEGA CAP GROWTH INDEX FUND is a U.S. equity index ETF that tracks the CRSP US Mega Cap Growth Index. 36% of MGK’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 100% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Index (passive)
- Fund type
- ETF
- Expense ratio, by class
- 0.05% – 0.05%· MGK 0.05%
- Portfolio turnover
- 14.00% a year · as of 2026 Q1
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
7 new· the largest 5
11 exited· the largest 8
Understand how this fund fits with the rest.
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