Vanguard Plays With Mega-Cap ETFs
January 4th at 12:00pm by Tom Lydon
You’ve heard that timing is everything, and if mega-cap stocks continue to perform, Vanguard’s three new mega-cap exchange traded funds (ETFs) could be a case of the right ETF at the right time.
The three new ETFs are:
- Vanguard Mega Cap 300 Index Fund (MGC)
- Vanguard Mega Cap 300 Growth Index Fund (MGK)
- Vanguard Mega Cap 300 Value Index Fund (MGV)
The December-born ETFs track 300 of the largest stocks within their MSCI indexes, reports Jesse Emspak of Investor’s Business Daily. Expense ratios are at 0.13%. Pay attention, as some mid-cap stocks overlap with large-caps at the top of their market caps. For this reason, the firm launched these ETFs to offer a more purely large-cap play.
