MGK vs FELG: Holdings Overlap
MGKVanguard Mega Cap Growth Index Fund
Vanguard · 59 holdings · $33.7B · as of 2026-03-31
FELGFidelity Enhanced Large Cap Growth ETF
Fidelity · 100 holdings · $5.8B · as of 2026-03-31
How similar are MGK and FELG?
Vanguard Mega Cap Growth Index Fund (MGK, by Vanguard) holds 59 positions; Fidelity Enhanced Large Cap Growth ETF (FELG, by Fidelity) holds 100. They have 32 holdings in common, and by portfolio weight the two funds are 72.4% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 72.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 32MGK holds 59 · FELG holds 100
- Weight in Shared Holdings
- MGK 86%·FELG 76%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in MGK
27 of 59 positions (14.2% of the fund) are not held by FELG.
Only in FELG
68 of 100 positions (23.7% of the fund) are not held by MGK. Showing the top 30 by weight.
Sector Breakdown
| Sector | MGK | FELG |
|---|---|---|
| Information Technology | 54.4% | 51.1% |
| Communication Services | 16.7% | 12.6% |
| Consumer Discretionary | 13.1% | 11.4% |
| Industrials | 3.0% | 8.6% |
| Health Care | 5.2% | 8.1% |
| Other Sectors | 7.4% | 7.2% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| MGK | +3.8% | +10.2% | +19.4% | +24.7% | +14.0% | +18.8% | 0.32% |
| FELG | +3.4% | +7.3% | +16.4% | — | — | — | 0.34% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in MGK vs FELG →
Shared Holdings(32)
The top 10 shared positions account for 82% of the overlap, led by NVDA, AAPL and MSFT.
 NVDANVIDIA Corp. COM | 13.75% | 13.29% | 13.29% |
|---|---|---|---|
 AAPLApple Inc. COM | 12.60% | 12.03% | 12.03% |
 MSFTMicrosoft Corp. COM | 9.01% | 8.19% | 8.19% |
 AVGOBroadcom Inc COM | 4.40% | 5.23% | 4.40% |
 AMZNAmazon.com, Inc. COM | 4.59% | 4.22% | 4.22% |
 METAMeta Platforms, Inc., Class A | 4.17% | 3.93% | 3.93% |
 TSLATesla Inc COM | 4.18% | 3.83% | 3.83% |
 GOOGLAlphabet Inc. CAP STK CL A | 5.51% | 3.61% | 3.61% |
 GOOGAlphabet Inc. CAP STK CL C | 4.37% | 3.22% | 3.22% |
 LLYEli Lilly & Co. COM | 3.17% | 2.91% | 2.91% |
 MAMasterCard Incorporated CL A | 1.72% | 1.98% | 1.72% |
 VVisa, Inc., Class A | 1.97% | 1.32% | 1.32% |
 LRCXLam Research Corporation COM NEW | 1.25% | 1.48% | 1.25% |
 NFLXNetflix, Inc. COM | 1.76% | 0.95% | 0.95% |
 APHAmphenol Corporation CL A | 0.80% | 1.07% | 0.80% |
 PLTRPalantir Technologies, Inc., Class A | 1.42% | 0.78% | 0.78% |
 UBERUber Technologies Inc COM | 0.78% | 1.06% | 0.78% |
 ANETArista Networks Inc COM SHS | 0.70% | 0.65% | 0.65% |
 GEVGE Vernova Inc. COM | 1.14% | 0.64% | 0.64% |
 NOWServicenow Inc COM | 0.60% | 0.53% | 0.53% |
 CRWDCrowdstrike Holdings, Inc., Class A | 0.56% | 0.50% | 0.50% |
 KLACKLA Corp. COM NEW | 0.98% | 0.40% | 0.40% |
 ABNBAirbnb, Inc., Class A | 0.39% | 0.72% | 0.39% |
 ORCLOracle Corp. COM | 1.18% | 0.38% | 0.38% |
 ADBEAdobe Inc COM | 0.38% | 0.87% | 0.38% |
Frequently Asked Questions
How much do MGK and FELG overlap?
MGK and FELG overlap by 72.4% of portfolio weight. They share 32 holdings (MGK holds 59 positions and FELG holds 100), based on each fund's latest SEC-reported holdings.
Is it redundant to own both MGK and FELG?
The two portfolios are 72.4% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of MGK and FELG?
The largest positions held by both funds are NVDA, AAPL, MSFT, AVGO and AMZN. Together the top 10 shared positions account for 82% of the total overlap.
What does MGK own that FELG doesn't?
27 positions (14.2% of MGK) are unique to MGK, led by TJX, BA and WELL. In the other direction, 68 positions (23.7% of FELG) are unique to FELG.