Vanguard Mega Cap Growth ETF
ALTAR
Score™
3.8% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
39.7x P/Sales
ratio
6.1x
P/BV
ratio
9.5x Div.
yield
0.6%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
Vanguard Mega Cap 300 Growth ETF seeks investment results that correspond to the price and yield of the MSCI US Large Cap Growth Index.

FUND BASICS
Category US Equities
Fund Sponsor Vanguard Group Inc/The
Website www.vanguard.com
Inception date Dec 17, 2007
Assets (mns) $9,717
Currency USD
Expense ratio 7 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Multi-Factor
Index replication Full
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 101
Wgt avg mkt cap (mns) $922,656
Large cap (>$10bn) 100.0%
Mid cap ($2-10bn) 0.0%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 13.5 %
MICROSOFT CORP 11.1 %
AMAZON.COM INC 9.1 %
TESLA MOTORS INC 4.3 %
FACEBOOK 4.2 %
ALPHABET INC. CLASS A 3.6 %
ALPHABET INC. CLASS C 3.4 %
VISA INC-CLASS A SHARES 2.4 %
NVIDIA CORP 2.1 %
HOME DEPOT INC 2.1 %
Total 55.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 99.2 %
BRITAIN 1.3 %
IRELAND 1.1 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
41.0% 41.0% 21.0% 17.2% 12.9%

Market Correlations
versus... Beta R-squared
S&P500 1.03 93%
MSCI EAFE 0.91 72%
MSCI Emg. Mkts. 0.73 60%

Technical Indicators
Recent close $199.78
30d moving avg. $200.97
Annualized volatility 20.0%
Short interest (ETF) 0.1%
Short interest (Underlying) 2.1%
Relative strength (RSI) 52

Liquidity measures
Avg. volume (thou.) 343
Turnover 0.7%
Bid/Ask (% of price) 0.03%
ADV underlying (mns) $146,821

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 99 potential alternatives to the Vanguard Mega Cap Growth ETF ETF based on the alternatives' overlap in portfolio holdings with MGK. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: MGK Expense: 7 bp ALTAR Score™: 3.8%


ALTERNATIVE ETFs BASED ON OVERLAP WITH MGK
Ticker Fund
Name
Overlap1
vs MGK
(%)
Expense
ratio
(bp)
Savings
vs MGK
(bp)
ALTAR
Score™
(%)
ALTAR
vs MGK
(%)
IWY iShares Russell Top 200 Growth ETF 83.7 20 -13 3.7 -0.1
VUG Vanguard Growth Index Fund 78.0 4 3 3.6 -0.2
SCHG Schwab U.S. Large-Cap Growth ETF 75.3 4 3 3.3 -0.5
SPYG SPDR Portfolio S&P 500 Growth ETF 74.7 4 3 3.8 0.0
IVW iShares S&P 500 Growth ETF 74.7 18 -11 3.7 -0.1
VOOG Vanguard S&P 500 Growth ETF 72.0 10 -3 4.1 +0.2
TMFC Motley Fool 100 Index ETF 70.9 50 -43 3.2 -0.6
IUSG iShares Core S&P US Growth ETF 70.1 4 3 3.8 -0.0
IWF iShares Russell 1000 Growth ETF 68.9 19 -12 3.6 -0.3
VONG Vanguard Russell 1000 Growth Index Fund 67.3 8 -1 3.7 -0.1
QYLD Global X NASDAQ 100 Covered Call ETF 64.5 60 -53 3.2 -0.6
IETC iShares Evolved U.S. Technology ETF 64.4 18 -11 3.6 -0.2
QYLG Global X Nasdaq 100 Covered Call & Growth ETF 64.2 60 -53 3.2 -0.6
QQQM Invesco NASDAQ 100 ETF 64.0 15 -8 3.7 -0.1
QQQ Invesco QQQ Trust 64.0 20 -13 3.6 -0.2
NUSI Nationwide Risk-Managed Income ETF 63.6 68 -61 3.1 -0.7
ESGV Vanguard ESG U.S. Stock ETF 63.0 12 -5 4.6 +0.8
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 62.9 49 -42 3.5 -0.3
IGM iShares Expanded Tech Sector ETF 61.3 46 -39 3.4 -0.4
XLG Invesco S&P 500 Top 50 ETF 60.0 20 -13 4.2 +0.4
MMTM SPDR S&P 1500 Momentum Tilt ETF 59.7 12 -5 4.1 +0.3
XOUT GraniteShares XOUT U.S. Large Cap ETF 57.5 60 -53 3.7 -0.1
IWL iShares Russell Top 200 ETF 57.1 15 -8 4.5 +0.7
MGC Vanguard Mega Cap Index Fund 56.8 7 0 4.7 +0.9
BKLC BNY Mellon US Large Cap Core Equity ETF 56.5 0 7 4.6 +0.8
HIPR Direxion High Growth ETF 56.2 40 -33 4.0 +0.2
OEF iShares S&P 100 ETF 55.2 20 -13 4.3 +0.5
ONEQ Fidelity Nasdaq Composite Index Tracking Stock 55.1 21 -14 3.0 -0.8
SPMO Invesco S&P 500 Momentum ETF 53.6 13 -6 4.0 +0.1
SPXN ProShares S&P 500 Ex-Financials ETF 52.6 27 -20 4.5 +0.7
EFIV SPDR S&P 500 ESG ETF 52.1 10 -3 4.7 +0.9
SNPE Xtrackers S&P 500 ESG ETF 52.0 10 -3 4.7 +0.9
SPXV ProShares S&P 500 Ex-Health Care ETF 50.9 27 -20 4.4 +0.6
DSI iShares MSCI KLD 400 Social ETF 50.6 25 -18 4.7 +0.8
JKE iShares Morningstar Large-Cap Growth ETF 50.1 25 -18 2.3 -1.6
IQSU IQ Candriam ESG US Equity ETF 49.9 9 -2 4.6 +0.8
PBP Invesco S&P 500 BuyWrite ETF 48.9 49 -42 4.4 +0.6
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 48.9 10 -3 4.9 +1.1
SUSL iShares ESG MSCI USA Leaders ETF 48.8 10 -3 4.9 +1.1
SPXE ProShares S&P 500 Ex-Energy ETF 48.8 27 -20 4.7 +0.9
XYLG Global X S&P 500 Covered Call & Growth ETF 48.3 60 -53 4.4 +0.6
JCTR JPMorgan Carbon Transition U.S. Equity ETF 48.3 15 -8 4.7 +0.9
SPY SPDR S&P 500 ETF Trust 47.9 9 -2 4.8 +1.0
IVV iShares Core S&P 500 ETF 47.8 3 4 4.8 +1.0
SPLG SPDR Portfolio Large Cap ETF 47.8 3 4 4.8 +1.0
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 47.6 20 -13 4.9 +1.1
IYW iShares U.S. Technology ETF 47.6 43 -36 3.6 -0.3
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 47.3 20 -13 4.7 +0.9
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 47.2 7 0 4.6 +0.8
FTEC Fidelity MSCI Information Technology Index ETF 46.7 8 -1 4.1 +0.3
VGT Vanguard Information Technology Index Fund 46.7 10 -3 4.1 +0.3
USXF iShares ESG Advanced MSCI USA ETF 46.3 10 -3 4.6 +0.8
VOO VANGUARD S&P 500 ETF 46.2 3 4 4.9 +1.1
CATH Global X S&P 500 Catholic Values Custom ETF 46.1 29 -22 4.7 +0.8
XLK Technology Select Sector SPDR Fund 45.7 13 -6 4.4 +0.6
IXN iShares Global Tech ETF 45.7 46 -39 3.9 +0.1
BBUS JP Morgan Betabuilders U.S. Equity ETF 45.7 2 5 4.7 +0.9
SYG SPDR MFS Systematic Growth Equity ETF 45.6 60 -53 3.6 -0.2
ESGU iShares MSCI USA ESG Optimized ETF 45.6 15 -8 4.5 +0.7
VV Vanguard Large-Cap Index Fund 45.5 4 3 4.7 +0.9
PBUS Invesco PureBeta MSCI USA ETF 45.4 4 3 4.7 +0.9
ESG FlexShares STOXX US ESG Impact Index Fund 45.1 32 -25 4.6 +0.8
STLG iShares Factors US Growth Style ETF 44.0 25 -18 4.0 +0.2
SCHX Schwab U.S. Large-Cap ETF 44.0 3 4 4.6 +0.8
SFY SoFi Select 500 ETF 43.8 0 7 4.6 +0.8
SPTM SPDR Portfolio Total Stock Market ETF 43.6 3 4 4.9 +1.1
WOMN Impact Shares YWCA Women's Empowerment ETF 43.2 75 -68 3.6 -0.2
SCHK Schwab 1000 Index ETF 42.9 5 2 4.7 +0.9
FDMO Fidelity Momentum Factor ETF 42.7 29 -22 2.5 -1.3
IWB iShares Russell 1000 ETF 42.7 15 -8 4.6 +0.7
VEGN US Vegan Climate ETF 42.6 60 -53 4.1 +0.2
MTUM iShares MSCI USA Momentum Factor ETF 42.3 15 -8 2.3 -1.5
IYY iShares Dow Jones U.S. ETF 42.3 20 -13 4.5 +0.7
IOO iShares Global 100 ETF 42.2 40 -33 4.4 +0.6
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 41.8 9 -2 4.9 +1.1
NACP Impact Shares NAACP Minority Empowerment ETF 41.4 49 -42 4.8 +1.0
ADME Aptus Drawdown Managed Equity ETF 41.3 79 -72 3.2 -0.6
NULG Nuveen ESG Large-Cap Growth ETF 41.2 35 -28 3.0 -0.8
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 40.9 15 -8 5.8 +2.0
VTHR Vanguard Russell 3000 Index Fund 40.9 10 -3 4.5 +0.7
ACIO Aptus Collared Income Opportunity ETF 39.9 79 -72 3.9 +0.1
IWV iShares Russell 3000 ETF 39.8 20 -13 4.4 +0.6
SCHB Schwab U.S. Broad Market ETF 39.7 3 4 4.5 +0.7
JOYY Infusive Compounding Global Equities ETF 39.7 50 -43 3.6 -0.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 39.5 3 4 4.5 +0.7
VONE Vanguard Russell 1000 ETF 39.3 8 -1 4.6 +0.8
RECS Columbia Research Enhanced Core ETF 39.3 15 -8 5.2 +1.4
SUSA iShares MSCI USA ESG Select ETF 39.0 25 -18 4.3 +0.5
TECB iShares US Tech Breakthrough Multisector ETF 39.0 40 -33 3.6 -0.2
HLAL Wahed FTSE USA Shariah ETF 38.6 50 -43 3.9 +0.1
JMOM JPMorgan U.S. Momentum Factor ETF 38.6 12 -5 3.0 -0.8
VTI Vanguard Total Stock Market Index Fund 38.6 3 4 4.5 +0.7
LRGE ClearBridge Large Cap Growth ESG ETF 38.1 59 -52 3.4 -0.4
MMLG First Trust Multi-Manager Large Growth ETF 37.5 85 -78 1.9 -2.0
KRMA Global X Conscious Companies ETF 37.5 43 -36 4.9 +1.1
PWB Invesco Dynamic Large Cap Growth ETF 37.5 56 -49 2.2 -1.6
FQAL Fidelity Quality Factor ETF 37.4 29 -22 5.1 +1.3
SFYF SoFi 50 ETF 37.3 29 -22 0.8 -3.0
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 37.0 19 -12 5.4 +1.6

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
Vanguard Mega Cap Growth ETF
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 30.2 %
Divided by: Fwd. P/BV 7.8 x
Less: Expense ratio 7 bp
Equals: ALTAR Score 3.8 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.34 CATEGORY
AVERAGE
1.49
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.