The Vanguard Mega Cap Growth ETF (MGK) and Vanguard S&P 500 ETF (VOO) both focus on large-cap U.S. stocks, but MGK emphasizes the largest growth companies while VOO tracks the full S&P 500. MGK has higher expenses, lower yield, and AUM compared to VOO, but offers higher returns.

VOO is more cost-effective with a lower expense ratio and higher dividend yield than MGK. It provides diversification across 504 holdings, while MGK holds just 60 stocks, heavily weighted in technology and communication services.

MGK outperformed VOO over the past five years but experiences greater price swings and deeper drawdowns due to its high beta and concentrated holdings. VOO, with a broader mix of sectors, may provide more stability during market downturns.

Investors looking for higher potential returns may consider MGK, while those seeking stability might prefer VOO. Each ETF has unique strengths and weaknesses based on their cost, performance, and holdings, providing options for different investment strategies.

Before investing in Vanguard Mega Cap Growth ETF, consider the recommendations of the Motley Fool Stock Advisor analyst team, which suggests alternative stocks for potential high returns. Past recommendations have shown significant growth compared to the S&P 500, emphasizing the importance of thorough research and analysis before investing.

Read more at Yahoo Finance: Is VOO or MGK the Better Vanguard ETF Buy Right Now? Here’s What Investors Need to Know.