Vanguard Mega Cap Growth ETF vs Utilities Select Sector SPDR Fund — how do they compare? Vanguard Mega Cap Growth ETF trades at $91.07, while Utilities Select Sector SPDR Fund trades at $43.63. The key difference: Vanguard Mega Cap Growth ETF is trading nearer its 52-week high, Utilities Select Sector SPDR Fund nearer its low. Which is the better fit depends on your goals.
| MGK | XLU | |
|---|---|---|
Sector | Broad Market / Factor | — |
52-Week High | $92.06 | $47.73 |
52-Week Low | $70.70 | $41.31 |
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 →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: electric utilities; water utilities; multi-utilities; independent power and renewable electricity producers; and gas utilities. The fund is non-diversified.
Read more on XLU →