Vanguard S&P 500 Growth ETF (VOOG) and Vanguard Mega Cap Growth ETF (MGK) have identical 0.07% expense ratios, but VOOG offers a slightly higher dividend yield. VOOG holds over three times as many stocks as MGK, providing broader sector diversification with exposure across tech, communication services, and consumer cyclical companies.

Both ETFs aim to provide exposure to large-cap U.S. growth stocks. While MGK focuses on the largest names in the market, VOOG casts a wider net across the S&P 500’s growth segment. Despite similar expense ratios, VOOG offers a slightly higher dividend yield, making it an attractive option for income-seeking investors.

VOOG holds 217 stocks, diversifying across the S&P 500’s growth segment with significant weight in technology, communication services, and consumer cyclical sectors. In contrast, MGK is more concentrated with just 66 holdings and 69% of assets in technology, resulting in higher potential exposure to tech sector swings.

Investors looking to differentiate between VOOG and MGK should consider the degree of exposure to top holdings, particularly in the technology sector. Both funds are managed by Vanguard and have low fees, making tech exposure the key factor for decision-making between the two.

Read more at Yahoo Finance: VOOG vs. MGK: Tech Exposure is Key