Vanguard Mega Cap Growth Index Fund ETF Shares (MGK)

ETF Vanguard Mega Cap Growth Index Fund ETF Shares (MGK)

Profile

MGK is an ETF that tracks the CRSP US Mega Cap Growth Index. It invests in the stocks of large-cap U.S. companies with high growth potential. The fund has an expense ratio of 0.04%.

Objective

The primary investment goal of MGK is to provide long-term capital appreciation by tracking the performance of the CRSP US Mega Cap Growth Index.

Issuer

MGK is issued by Vanguard, one of the world's largest and most reputable investment management firms. Vanguard is known for its low-cost index funds and its commitment to putting investors' interests first.

Market Share

MGK is the second-largest mega-cap growth ETF, with a market share of approximately 15%.

Total Net Assets

MGK has total net assets of approximately $75 billion.

Moat

MGK's primary competitive advantage is its low expense ratio. This allows investors to keep more of their returns. Additionally, MGK benefits from Vanguard's strong reputation and its commitment to providing investors with low-cost investment solutions.

Financial Performance

MGK has historically outperformed the S&P 500. Over the past 10 years, MGK has returned an average of 15.7% per year, compared to 13.2% for the S&P 500.

Growth Trajectory

The mega-cap growth sector is expected to continue to grow in the coming years. This is due to the increasing demand for technology and other growth-oriented products and services.

Liquidity

MGK is a highly liquid ETF, with an average daily trading volume of over $1 billion.

Market Dynamics

The performance of MGK is primarily driven by the performance of the mega-cap growth sector. Economic growth, interest rates, and investor sentiment can all impact the performance of this sector.

Competitors

MGK's main competitors are the iShares Russell 1000 Growth ETF (IWF) and the Invesco QQQ Trust (QQQ).

Expense Ratio

MGK has an expense ratio of 0.04%.

Investment Approach and Strategy

MGK is a passively managed ETF that tracks the CRSP US Mega Cap Growth Index. The fund invests in the stocks of large-cap U.S. companies with high growth potential.

Key Points

• MGK is a low-cost ETF that provides exposure to the mega-cap growth sector.
• The fund has historically outperformed the S&P 500.
• MGK is a highly liquid ETF.

Risks

• MGK is a concentrated investment in the mega-cap growth sector. This means that the fund is more volatile than the S&P 500.
• The fund is also subject to the risks of investing in individual stocks.

Who Should Consider Investing

MGK is a good investment for investors who are looking for long-term capital appreciation and are comfortable with the risks of investing in a concentrated portfolio of growth stocks.

Fundamental Rating Based on AI

Based on an analysis of MGK's fundamentals, including its financial health, market position, and future prospects, an AI-based rating system would likely give MGK a rating of 8 or 9 out of 10.

Resources and Disclaimers

The information in this analysis was gathered from the following sources:

• Vanguard website
• Morningstar
• Bloomberg

This analysis is for informational purposes only and should not be considered investment advice. Please consult with a financial advisor before making any investment decisions.