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ETF comparison

MGC vs XLG

Both US Large Cap.

Vanguard Morningstar Mega Cap ETF · Invesco S&P 500 Top 50 ETF

Holdings overlap

Weighted by ISIN/CUSIP
75.1 %

50 positions appear in both funds. Buying equal dollars of MGC and XLG would leave roughly 75.1% of each dollar exposed to the same underlying securities.

MGC unmatched 24.6% Shared 75.1% XLG unmatched 24.9%

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
123 positions
Shared
50 positions
In XLG only
2 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%
XLG

Invesco S&P 500 Top 50 ETF

Invesco · US Large Cap

79 composite / 100
Expense ratio
0.20%
Net assets
$11.69B
TTM yield
0.64%
Top-10 conc.
60.1%

Sub-score comparison

95
Cost
80
89
Tax efficiency
89
100
Liquidity
100
47
Concentration
28
—
Tracking quality
—
MGC sub-score XLG

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

Cost difference

MGC is 15 bps cheaper than XLG. On a $100,000 position that's about $150/yr more in fees for XLG.

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 XLG.

Top shared holdings

50 shared in total
# Holding In MGC In XLG Overlap
1 NVIDIA Corp 9.10% 12.06% 9.10%
2 Apple Inc 8.55% 11.26% 8.55%
3 Microsoft Corp 6.24% 8.56% 6.24%
4 Amazon.com Inc 4.88% 6.60% 4.88%
5 Alphabet Inc 4.13% 5.18% 4.13%
6 Broadcom Inc 3.95% 4.57% 3.95%
7 Alphabet Inc 3.25% 4.18% 3.25%
8 Meta Platforms Inc 2.58% 3.03% 2.58%
9 Tesla Inc 2.29% 2.17% 2.17%
10 Micron Technology Inc 2.04% 2.30% 2.04%
11 Eli Lilly & Co 1.75% 2.25% 1.75%
12 Advanced Micro Devices Inc 1.57% 1.93% 1.57%

Only in MGC

123 total
  • Exxon Mobil Corp 1.13%
  • RTX Corp 0.45%
  • Palo Alto Networks Inc 0.43%
  • Citigroup Inc 0.39%
  • Analog Devices Inc 0.38%
  • Thermo Fisher Scientific Inc 0.34%
  • Amphenol Corp 0.34%
  • Amgen Inc 0.34%
  • Boeing Co/The 0.34%
  • NextEra Energy Inc 0.34%

Only in XLG

2 total
  • ExxonMobil Holdings Corp. 1.60%
  • Invesco Government & Agency Portfolio 0.03%

Percentages are holdings overlap with the named fund.

Open MGC or XLG 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.