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Name

As of 06/02/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Vanguard Mega Cap Growth Index Fund

VMGAX | Fund

$911.74

$32 B

0.29%

$2.61

0.05%

Vitals

YTD Return

11.3%

1 yr return

31.6%

3 Yr Avg Return

27.3%

5 Yr Avg Return

16.9%

Net Assets

$32 B

Holdings in Top 10

65.8%

52 WEEK LOW AND HIGH

$914.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.05%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 8.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$5,000,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 06/02/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Vanguard Mega Cap Growth Index Fund

VMGAX | Fund

$911.74

$32 B

0.29%

$2.61

0.05%

VMGAX - Profile

Distributions

  • YTD Total Return 11.3%
  • 3 Yr Annualized Total Return 27.3%
  • 5 Yr Annualized Total Return 16.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.62%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Vanguard Mega Cap Growth Index Fund
  • Fund Family Name
    The Vanguard Group, Inc.
  • Inception Date
    Dec 21, 2007
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Gerard O’Reilly

Fund Description

The Fund employs an indexing investment approach designed to track the performance of the CRSP US Mega Cap Growth Index (the “Target Index”). The Target Index is a float-adjusted, market capitalization-weighted index designed to measure equity market performance of growth companies in the top 70% of investable U.S. equity market capitalization, as determined by the index provider (“mega-capitalization stocks”).Mega-capitalization stocks are a subset of large-capitalization stocks (also as determined by the index provider) and generally have the largest market capitalization in the United States. Under normal circumstances, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the stocks that make up the Target Index. The Fund attempts to replicate the Target Index by investing all, or substantially all, of its assets in the stocks that make up the Target Index, holding each stock in approximately the same proportion as its weighting in the Target Index.The Fund may become nondiversified, as defined under the Investment Company Act of 1940, soley as a result of tracking an index. This could occur due to events such as an index rebalance or market movement. A nondiversified fund may invest a greater percentage of its assets in the securities of particular issuers as compared with diversified funds. In addition, the Fund could become concentrated in an industry or group of industries if the Target Index becomes concentrated due to market conditions or the performance of a single or related group of issuers.
Read More

VMGAX - Performance

Return Ranking - Trailing

Period VMGAX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.3% -10.0% 61.7% 22.35%
1 Yr 31.6% -13.2% 127.7% 17.06%
3 Yr 27.3%* 2.8% 66.8% 15.82%
5 Yr 16.9%* -8.2% 36.6% 4.69%
10 Yr 19.4%* 6.8% 24.6% 6.31%

* Annualized

Return Ranking - Calendar

Period VMGAX Return Category Return Low Category Return High Rank in Category (%)
2025 20.2% -74.1% 41.2% 5.29%
2024 32.4% -59.2% 52.3% 13.03%
2023 50.7% -15.0% 72.4% 5.21%
2022 -34.0% -85.9% 27.3% 51.84%
2021 27.9% -52.4% 38.7% 3.02%

Total Return Ranking - Trailing

Period VMGAX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.3% -10.0% 61.7% 22.35%
1 Yr 31.6% -13.2% 127.7% 17.06%
3 Yr 27.3%* 2.8% 66.8% 15.82%
5 Yr 16.9%* -8.2% 36.6% 4.69%
10 Yr 19.4%* 6.8% 24.6% 6.31%

* Annualized

Total Return Ranking - Calendar

Period VMGAX Return Category Return Low Category Return High Rank in Category (%)
2025 20.7% -4.9% 49.3% 11.95%
2024 33.0% -31.9% 52.3% 28.40%
2023 51.6% -4.6% 72.4% 7.18%
2022 -33.5% -61.7% 35.0% 71.59%
2021 28.5% -39.8% 40.0% 12.68%

NAV & Total Return History

VMGAX - Holdings

Concentration Analysis

VMGAX Category Low Category High VMGAX % Rank
Net Assets 32 B 1.46 M 440 B 9.78%
Number of Holdings 65 2 2946 47.50%
Net Assets in Top 10 18.3 B 1.51 M 203 B 9.11%
Weighting of Top 10 65.76% 10.7% 205.0% 10.31%

Top 10 Holdings

  1. NVIDIA CORP 13.75%
  2. APPLE INC 12.60%
  3. MICROSOFT CORP 9.01%
  4. ALPHABET INC-A 5.51%
  5. AMAZON.COM INC 4.59%
  6. BROADCOM INC 4.40%
  7. ALPHABET INC-C 4.37%
  8. TESLA INC 4.18%
  9. META PLATFORMS-A 4.17%
  10. ELI LILLY CO 3.17%

Asset Allocation

Weighting Return Low Return High VMGAX % Rank
Stocks 		99.80% 0.00% 116.50% 20.37%
Cash 		0.23% 0.00% 173.52% 71.40%
Preferred Stocks 		0.00% 0.00% 24.75% 89.03%
Convertible Bonds 		0.00% 0.00% 1.94% 88.32%
Bonds 		0.00% 0.00% 99.61% 88.74%
Other 		0.00% -24.61% 25.67% 95.79%

Stock Sector Breakdown

Weighting Return Low Return High VMGAX % Rank
Technology 		43.28% 0.00% 65.70% 14.03%
Consumer Cyclical 		19.96% 0.00% 62.57% 19.04%
Communication Services 		14.92% 0.00% 66.40% 13.84%
Financial Services 		6.81% 0.00% 43.06% 72.82%
Healthcare 		6.10% 0.00% 39.76% 96.66%
Consumer Defense 		2.85% 0.00% 25.50% 61.14%
Real Estate 		2.06% 0.00% 8.88% 28.46%
Industrials 		2.01% 0.00% 30.65% 87.83%
Basic Materials 		1.79% 0.00% 18.91% 35.82%
Energy 		0.21% 0.00% 41.09% 55.45%
Utilities 		0.00% 0.00% 16.07% 91.27%

Stock Geographic Breakdown

Weighting Return Low Return High VMGAX % Rank
US 		99.80% 0.00% 116.50% 15.28%
Non US 		0.00% 0.00% 39.07% 91.38%

VMGAX - Expenses

Operational Fees

VMGAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.05% 0.01% 13.08% 98.82%
Management Fee 0.04% 0.00% 1.50% 1.78%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.02% N/A

Sales Fees

VMGAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

VMGAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

VMGAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 8.00% 0.00% 316.74% 6.78%

VMGAX - Distributions

Dividend Yield Analysis

VMGAX Category Low Category High VMGAX % Rank
Dividend Yield 0.29% 0.00% 27.58% 31.44%

Dividend Distribution Analysis

VMGAX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Annual Annual

Net Income Ratio Analysis

VMGAX Category Low Category High VMGAX % Rank
Net Income Ratio 0.62% -6.13% 3.48% 3.71%

Capital Gain Distribution Analysis

VMGAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

VMGAX - Fund Manager Analysis

Managers

Gerard O’Reilly

Start Date

Tenure

Tenure Rank

Aug 31, 2015

6.75

6.8%

Gerard C. O’Reilly, Principal of Vanguard Group, Inc. Gerard has been with Vanguard since 1992, has managed investment portfolios since 1994, O'Reilly has managed stock index portfolios since 1994. Education: B.S., Villanova University.

Michelle Louie

Start Date

Tenure

Tenure Rank

Jul 19, 2021

0.87

0.9%

Michelle Louie, CFA, Portfolio Manager at Vanguard. She has been with Vanguard since 2010, has worked in investment management since 2011. Education: B.S., The American University; M.B.A., Georgia Institute of Technology.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 8.24 2.92

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