Vanguard Mega-Cap Growth Index’s narrow focus on mega-cap stocks breeds a top-heavy portfolio, but its cost advantage and low turnover make the market-cap-weighted strategy a compelling option. Its exchange-traded fund share class retains its Morningstar Analyst Rating of Silver. Its open-end share class receives a downgrade to Silver from Gold.
Will MGK outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MGK’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the MGK management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of MGK’s parent organization’s priorities and whether they’re in line with investors’ interests.