MGV ETF

If you're an investor seeking to diversify your portfolio and earn consistent passive income, you've found the right spot.

Last year, we pointed out that large value companies in the Vanguard Mega Cap Value Index Fund ETF Shares were appealing because of their low P/E ratios and good valuations. Since then, MGV has done well, almost keeping up with the S&P 500 without relying on AI excitement, but it now seems to be fairly valued and not a great time to buy. Even though large-cap stocks are expected to do well in 2024, we suggest holding onto MGV instead of starting new investments at these prices.

Vanguard's MGV ETF is a value-oriented fund with an impressive average annual total return over 10 years of 10.8%. The expense fee is a relatively affordable 0.07%. The #1 holding is Broadcom, which is not generally considered a "value stock." Other top holdings include Berkshire Hathaway, Exxon, and Walmart. However, the MGV ETF has underperformed compared to other value funds, and I'll uncover a potentially superior alternative.

Designed to provide broad exposure to the Large Cap Value segment of the US equity market, the Vanguard Mega Cap Value ETF (MGV) is a passively managed exchange traded fund launched on 12/17/2007.

MGV is a low-cost value fund that selects mega-cap stocks based on five ratios: book-to-price, future earnings-to-price, historical earnings-to-price, dividends to price, and sales-to-price. It shares many similarities with the Vanguard Value ETF, including a low five-year beta and nearly identical valuation ratios. Naturally, it's slightly more concentrated, but the quality is higher. MGV has demonstrated solid downside protection over the last decade. However, FVAL is another low-cost value ETF I want readers to consider.

If you're interested in broad exposure to the Large Cap Value segment of the US equity market, look no further than the Vanguard Mega Cap Value ETF (MGV), a passively managed exchange traded fund launched on 12/17/2007.

Momentum favors large caps over mid and small stocks, but growth large caps appear tired, suggesting sector rotation. The Vanguard Mega Cap Value ETF is a suitable fund for those bullish on large caps. MGV has a well-diversified portfolio with top holdings including Berkshire Hathaway, Broadcom, JPMorgan Chase, UnitedHealth Group, and Exxon Mobil.

Designed to provide broad exposure to the Large Cap Value segment of the US equity market, the Vanguard Mega Cap Value ETF (MGV) is a passively managed exchange traded fund launched on 12/17/2007.

The Vanguard Mega Cap Value ETF is an equities exchange-traded fund that focuses on large-cap value stocks. Tech mega-caps have soared in 2023 but are considered overvalued with high P/E ratios. Historical patterns suggest an eventual reversion to the mean. MGV boasts a lower P/E ratio (15.7x) compared to overvalued tech stocks.