In a comparison between Vanguard Mega Cap Growth ETF (MGK) and Invesco S&P 500 Equal Weight ETF (RSP), RSP charges a higher fee but offers a significantly higher dividend yield. MGK has outperformed RSP over the past one-year and five-year periods, but it has also suffered a much deeper drawdown. RSP provides broader sector diversification than the tech-heavy MGK. MGK is more affordable on fees, with a lower expense ratio, while RSP may appeal to income-focused investors due to its higher dividend yield. The decision between the two ETFs will depend on investor goals and risk tolerance.
Read more at Nasdaq: S&P 500 Stability vs. Mega-Cap Growth: How Invesco’s RSP Compares to Vanguard’s MGK
