IVV vs MGK
IVV vs MGK
iShares Core S&P 500 ETF vs Vanguard Mega Cap Growth ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IVV | MGK | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.05% | |
| AUM | $865.2B | $33.1B | |
| Dividend Yield | 1.09% | 0.44% | |
| Holdings | 508 | 61 | |
| YTD Return | +13.52% | +10.24% | |
| 1Y Return | +23.63% | +19.65% | |
| 3Y Return (annualized) | +21.26% | +24.64% | |
| 5Y Return (annualized) | +13.52% | +14.01% | |
| Volatility (annualized) | 15.1% | 17.7% | |
| Max Drawdown | -56.5% | -48.9% | |
| Fund Family | iShares by BlackRock (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | May 15, 2000 | Dec 17, 2007 |
IVV vs MGK Performance
iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Vanguard Mega Cap Growth ETF (MGK) is a ETF from Vanguard (US). Over the past year IVV returned +23.63% while MGK returned +19.65%. Year to date, IVV is up 13.52% versus a gain of 10.24% for MGK.
Over three years, IVV compounded at +21.26% per year against +24.64% for MGK; over five years the annualized figures are +13.52% and +14.01% respectively. Across the full 19-year window we track, MGK has the edge at +12.66% annualized vs +7.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MGK has been the more volatile fund, with annualized monthly volatility of 17.7% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -56.5% for IVV and -48.9% for MGK. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IVV charges 0.03% per year while MGK charges 0.05%. On a $10,000 position that is $3 vs $5 annually, a gap of $2 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.44% for MGK.
Holdings Overlap
IVV and MGK share 51 holdings out of 509 unique holdings combined, representing a 49.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IVV | Weight in MGK | Difference |
|---|---|---|---|
| NVDA | 7.76% | 13.23% | 5.47% |
| AAPL | 7.44% | 12.13% | 4.69% |
| MSFT | 4.57% | 7.48% | 2.91% |
| GOOGL | Pro | Pro | Pro |
| AMZN | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
See all 10 holdings IVV shares with MGK Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, IVV or MGK?
IVV has an expense ratio of 0.03% while MGK charges 0.05%. IVV is the cheaper option. On a $10,000 investment, that is $2 per year of difference.
Which performed better, IVV or MGK?
Over the past year IVV returned +23.63% vs +19.65% for MGK, so IVV leads on 1-year performance. Over the longest common window we track (19 years), IVV annualized +7.04% vs +12.66% for MGK. Past performance does not guarantee future results.
Which is riskier, IVV or MGK?
MGK has been the more volatile fund at 17.7% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs MGK -48.9%.
Should I hold both IVV and MGK?
IVV and MGK have a monthly-return correlation of 0.95, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between IVV and MGK?
IVV and MGK share 51 common holdings with a 49.9% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, IVV or MGK?
IVV yields 1.09% while MGK yields 0.44%, so IVV currently pays the higher dividend yield.
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