펀드 개요
Vanguard Mega Cap Growth Index Fund (MGK) is categorized as a Large Growth equity fund managed by the Vanguard fund family. With total assets under management reaching $27.85B, the fund's substantial scale reflects significant capital inflows and market popularity among institutional and retail participants seeking exposure to large-cap growth equities. Although the specific number of holdings is not disclosed in the available data, the fund's structure as an index tracker suggests a diversified portfolio designed to mirror its underlying benchmark. The fund operates with an expense ratio of 0.1%, which represents a highly competitive low-cost structure compared to many actively managed large-cap funds that typically charge significantly higher fees.
성과 분석
The fund currently reports a yield of 0.4%, indicating a low dividend payout relative to the broader market, which implies that the fund is primarily targeted at growth-oriented investors rather than those seeking significant current income streams. For the year-to-date period, the fund has recorded a return of -10.9%, reflecting the recent market headwinds facing the growth sector and highlighting the volatility inherent in mega-cap growth strategies over short timeframes. Over a longer horizon, the fund has delivered a 3-year average return of 24.3% and a 5-year average return of 12.5%, demonstrating the capacity for robust compounding when market conditions support growth equities. The disparity between the recent negative YTD performance and the positive multi-year averages suggests that short-term market corrections can significantly impact returns even within a fundamentally strong long-term trend. Furthermore, the minimal expense ratio of 0.1% serves to preserve capital over time, ensuring that a greater portion of the fund's gross returns is retained by shareholders rather than being eroded by operational costs.
Price & Risk Profile
The stock price for MGK has fluctuated between a 52-week low of $280.76 and a 52-week high of $426.80, illustrating the substantial price volatility experienced by mega-cap growth assets in the current market environment. Based on the provided high and low figures, the current trading price sits within this wide range, indicating that the asset has not yet reached its peak valuation nor hit its bottom within the last year. The available data does not specify a beta value, meaning that the fund's volatility relative to the broader market cannot be quantified with the precision typically offered by this metric for risk assessment. Consequently, the overall risk profile is best understood through the wide 52-week price range and the recent negative YTD return, which collectively point to a high-sensitivity asset class that is prone to sharp movements in response to interest rate changes and valuation adjustments.