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ETF comparison

MGC vs QQQ

US Large Cap vs US Large Cap Growth.

Vanguard Morningstar Mega Cap ETF · Invesco QQQ Trust

Holdings overlap

Weighted by ISIN/CUSIP
54.7 %

54 positions appear in both funds. Buying equal dollars of MGC and QQQ would leave roughly 54.7% of each dollar exposed to the same underlying securities.

MGC unmatched 45.0% Shared 54.7% QQQ unmatched 45.2%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In MGC only
119 positions
Shared
54 positions
In QQQ only
48 positions

Side by side

MGC

Vanguard Morningstar Mega Cap ETF

Vanguard · US Large Cap

88 composite / 100
Expense ratio
0.050%
Net assets
$11.05B
whole fund, 2 share classes
TTM yield
0.69%
Top-10 conc.
47.0%
QQQ

Invesco QQQ Trust

Invesco · US Large Cap Growth

83 composite / 100
Expense ratio
0.18%
Net assets
$498.95B
TTM yield
0.44%
Top-10 conc.
45.0%

Sub-score comparison

95
Cost
82
89
Tax efficiency
90
100
Liquidity
100
47
Concentration
50
—
Tracking quality
—
MGC sub-score QQQ

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

MGC is 13 bps cheaper than QQQ. On a $100,000 position that's about $130/yr more in fees for QQQ.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with MGC vs QQQ.

Top shared holdings

54 shared in total
# Holding In MGC In QQQ Overlap
1 NVIDIA Corp 9.10% 7.60% 7.60%
2 Apple Inc 8.55% 6.67% 6.67%
3 Microsoft Corp 6.24% 4.35% 4.35%
4 Amazon.com Inc 4.88% 4.02% 4.02%
5 Alphabet Inc 4.13% 3.27% 3.27%
6 Alphabet Inc 3.25% 3.02% 3.02%
7 Broadcom Inc 3.95% 2.81% 2.81%
8 Meta Platforms Inc 2.58% 2.62% 2.58%
9 Tesla Inc 2.29% 3.30% 2.29%
10 Micron Technology Inc 2.04% 5.64% 2.04%
11 Advanced Micro Devices Inc 1.57% 4.10% 1.57%
12 Walmart Inc 0.95% 2.39% 0.95%

Only in MGC

119 total
  • Eli Lilly & Co 1.75%
  • Berkshire Hathaway Inc 1.53%
  • JPMorgan Chase & Co 1.41%
  • Exxon Mobil Corp 1.13%
  • Visa Inc 1.02%
  • Johnson & Johnson 1.01%
  • Caterpillar Inc 0.76%
  • Mastercard Inc 0.73%
  • Oracle Corp 0.73%
  • AbbVie Inc 0.72%

Only in QQQ

48 total
  • Western Digital Corp. 0.95%
  • Seagate Technology Holdings PLC 0.94%
  • ASML Holding N.V. 0.79%
  • ARM Holdings PLC 0.65%
  • Shopify Inc. 0.60%
  • Constellation Energy Corp. 0.39%
  • Datadog, Inc. 0.37%
  • MercadoLibre, Inc. 0.37%
  • Astera Labs, Inc. 0.36%
  • DoorDash, Inc. 0.33%

Percentages are holdings overlap with the named fund.

Open MGC or QQQ at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.