Vanguard Morningstar Mega Cap Value ETF (MGV) is a US large-cap value ETF. As of October 28, 2026, ETF Copilot scores MGV 6.5 out of 10 — highest on Risk (9.4), lowest on Value (1.0). It trades at 21.1 times earnings, against its own median of 17.5. Its ten largest holdings are 30% of the fund.
What stands out in MGV's data
U.S. mega-cap value stocks, weighted by market size.
Recent returns match the category median — the fund's edge is in how smoothly it gets there.
A 3-year annualized return of 23% sits even with the category median of 23%. A 5-year max peak-to-trough decline of -16.5% shows a calmer ride than most value peers.
A value-core position that leans large — the size anchor, not the bargain.
Why did MGV move this week? It rose 1.2% in the week to October 28, 2026 — Micron Technology and Johnson & Johnson drove it
MGV rose 1.2% in the week to October 28, 2026. The holdings that moved it most were Micron Technology (+7.6%), Johnson & Johnson (+5.1%) and Texas Instruments (+8.8%); Merck (−6.0%) pushed the other way.
How is MGV rated? ETF Copilot scores Vanguard Morningstar Mega Cap Value ETF (MGV) 6.5 out of 10
As of October 28, 2026, ETF Copilot scores Vanguard Morningstar Mega Cap Value ETF (MGV) 6.5 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 6.5 / 10
- Growth: 6.6 / 10
- Value: 1.0 / 10
- Risk: 9.4 / 10
- Quality: 7.0 / 10
- Return: 7.7 / 10
Is MGV expensive right now? It trades at 21.1 times earnings, against its own median of 17.5
As of October 28, 2026, MGV is more expensive than 89% of its own last 9 years.
Trailing 12 months, built from MGV's holdings. How we calculate this →
What's inside MGV? 16% Tech
What's inside MGV: Size (Large 97%, Mid 0%, Small 4%); Geography (International 4%, US 96%); Tech 15.6%; AI 3.0%; Semiconductors 9.0%; Memory 9.5%.
What are MGV's top holdings? The ten largest are 30% of the fund
Micron Technology, JPMorgan Chase, Berkshire Hathaway, Exxonmobil, Johnson & Johnson, Abbvie, Walmart, Costco Wholesale, Chevron and Cisco Systems are MGV's largest holdings, in that order.
More concentrated than 58% of US Large Cap Value ETFs.
Half of MGV's weight sits in its 24 largest positions, and once those weights are taken into account it behaves like 59 equally weighted holdings.
What is MGV's expense ratio? 0.05% a year
As of October 28, 2026, MGV charges 0.05% a year, yields 1.82% and holds $13.6B in assets across 116 positions.
| Measure | MGV |
|---|---|
| Expense ratio | 0.05% |
| Dividend yield | 1.82% |
| Assets under management | $13.6B |
| Holdings | 116 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Vanguard Morningstar Mega Cap Value ETF (MGV) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/mgv
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