Vanguard Mega Cap Growth ETF vs T Rowe Price Group Inc — how do they compare? Vanguard Mega Cap Growth ETF trades at $90.47, while T Rowe Price Group Inc trades at $116.99 (market cap $24.26B). The key difference: T Rowe Price Group Inc pays a 4.57% dividend while Vanguard Mega Cap Growth ETF pays none. Which is the better fit depends on your goals.
| MGK | TROW | |
|---|---|---|
Sector | Broad Market / Factor | Financials |
52-Week High | $92.06 | $121.68 |
52-Week Low | $70.70 | $86.19 |
Market Cap | — | $24.26B |
Enterprise Value | — | $21.46B |
Dividend Yield | — | 4.57% |
Trailing returns across standard periods
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.
Read more on MGK →T. Rowe Price provides asset-management services for individual and institutional investors. It offers a broad range of no-load U.S. and international stock, hybrid, bond, and money market funds. At the end of August 2022, the firm had $1.339 trillion in managed assets, composed of equity (54%), balanced (30%), fixed-income (13%), and alternatives (3%) offerings. Approximately two thirds of the company's managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a U.S.-based asset manager, deriving just under 10% of its AUM from overseas.
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