ARK Innovation ETF vs Vanguard Mega Cap Growth ETF — how do they compare? ARK Innovation ETF trades at $81.84, while Vanguard Mega Cap Growth ETF trades at $90.47. The key difference: Vanguard Mega Cap Growth ETF is trading nearer its 52-week high, ARK Innovation ETF nearer its low. Which is the better fit depends on your goals.
| ARKK | MGK | |
|---|---|---|
52-Week High | $92.50 | $92.06 |
52-Week Low | $63.52 | $70.70 |
Sector | — | Broad Market / Factor |
Trailing returns across standard periods
The fund will invest under normal circumstances primarily (at least 65% of its assets) in domestic and foreign equity securities of companies that are relevant to the fund’s investment theme of disruptive innovation. Its investments in foreign equity securities will be in both developed and emerging markets. The fund may invest in foreign securities listed on foreign exchanges as well as American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs). The fund is non-diversified.
Read more on ARKK →MGK is an ETF that seeks to track the performance of the CRSP US Mega Cap Growth Index. It provides a low-cost, diversified exposure to the largest growth companies in the U.S. stock market. The fund is composed of mega-cap stocks that exhibit key growth factors, including high expected long-term earnings growth, high historical sales and earnings growth, and high return on assets. MGK is typically used by investors seeking long-term capital appreciation from market-leading firms.
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