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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
75.3 %

51 positions appear in both funds. Buying equal dollars of MGC and XLG would leave roughly 75.3% of each dollar exposed to the same underlying securities.

MGC unmatched 24.5% Shared 75.3% XLG unmatched 24.8%

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
121 positions
Shared
51 positions
In XLG only
1 positions

Side by side

MGC

Vanguard Morningstar Mega Cap ETF

Vanguard · US Large Cap

88 composite / 100
Expense ratio
0.050%
Net assets
$10.84B
whole fund, 2 share classes
TTM yield
0.94%
Top-10 conc.
45.4%
XLG

Invesco S&P 500 Top 50 ETF

Invesco · US Large Cap

79 composite / 100
Expense ratio
0.20%
Net assets
$11.51B
TTM yield
0.65%
Top-10 conc.
60.1%

Sub-score comparison

95
Cost
80
89
Tax efficiency
89
100
Liquidity
100
49
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

51 shared in total
# Holding In MGC In XLG Overlap
1 NVIDIA Corp 9.34% 12.06% 9.34%
2 Apple Inc 8.56% 11.26% 8.56%
3 Microsoft Corp 6.93% 8.56% 6.93%
4 Amazon.com Inc 4.63% 6.60% 4.63%
5 Alphabet Inc 3.67% 5.18% 3.67%
6 Broadcom Inc 3.23% 4.57% 3.23%
7 Alphabet Inc 2.88% 4.18% 2.88%
8 Meta Platforms Inc 2.31% 3.03% 2.31%
9 Micron Technology Inc 1.99% 2.30% 1.99%
10 Tesla Inc 1.91% 2.17% 1.91%
11 Eli Lilly & Co 1.80% 2.25% 1.80%
12 JPMorgan Chase & Co 1.76% 2.34% 1.76%

Only in MGC

121 total
  • Palo Alto Networks Inc 0.57%
  • RTX Corp 0.51%
  • Amgen Inc 0.43%
  • Thermo Fisher Scientific Inc 0.42%
  • Citigroup Inc 0.41%
  • Crowdstrike Holdings Inc 0.41%
  • Arista Networks Inc 0.39%
  • Salesforce Inc 0.37%
  • Amphenol Corp 0.36%
  • Abbott Laboratories 0.35%

Only in XLG

1 total
  • 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.