Vanguard Mega Cap Growth ETF

MGK

Market cap $30.6B

Vanguard Information Technology Index Fund ETF Shares (NYSEARCA: VGT), Vanguard Growth Index Fund ETF Shares (NYSEARCA: VUG), and Vanguard Mega Cap Growth Index Fund ETF Shares (NYSEARCA: MGK) are among Vanguard exchange-traded funds (ETFs) splitting their shares on April 21, 2026.

Chip stocks have contributed to the Vanguard Information Technology ETF's long-term outperformance. Three of the ETFs offer an inexpensive way to get exposure to a diversified basket of leading growth stocks.

The five popular ETFs are splitting 4-for-1, 5-for-1, 6-for-1, and 8-for-1. Shareholders' positions won't really change much in value.

Excitement for high-profile stock splits has played a role in lifting the broader market to new heights. Five of Vanguard's 113 U.S.-listed ETFs will undergo forward stock splits in less than two weeks.

The Nasdaq-100 technology index recently entered correction territory amid ongoing tensions in the Middle East. The Vanguard Mega Cap Growth ETF exclusively invests in 60 of the largest U.S. companies; its top three holdings are Nvidia, Apple, and Alphabet.

The Vanguard S&P 500 Growth ETF and the Vanguard Mega-Cap Growth ETF will undergo 6-for-1 stock splits on April 21. These Vanguard index funds are heavily weighted toward the technology sector, and they crushed the S&P 500 during the cloud computing boom.

This exchange-traded fund (ETF) has endured significant selloffs in recent years. The volatility has been a net positive for investors, as the ETF has produced monster gains.

IWO carries a higher fee but offers a slightly higher dividend yield. IWO targets small-cap growth stocks with a strong healthcare and industrials tilt, while MGK focuses on mega-cap tech giants.

MGK charges a slightly lower expense ratio but offers a lower expense ratio than VOOG. MGK has historically delivered stronger long-term growth, but it's also experienced a deeper five-year drawdown.

IWM charges a higher expense ratio but offers more than double the dividend yield of MGK IWM's recent 1-year total return outpaces MGK, though it has delivered lower growth over five years MGK focuses on mega-cap tech giants, while IWM diversifies across nearly 2,000 small-cap stocks mainly in healthcare, industrials, and financials