MGK vs SCHG: how much do they overlap?
Vanguard Mega Cap Growth ETF (MGK) · Schwab U.S. Large-Cap Growth ETF (SCHG)
overlap by weight · 45 shared holdings
MGK: 59 holdings (as of 2026-03-31) · SCHG: 194 holdings (as of 2026-02-28)
Note: the two funds' latest official filings have different dates, which can understate overlap slightly for funds tracking similar indexes.
High overlap
What this means
MGK and SCHG are largely the same portfolio. Holding both adds little diversification — most dollars end up in the same underlying stocks.
Overlap by weight sums the smaller of the two funds' weights for every stock they both hold — it answers "how much of my money is in the same stocks either way?" See methodology.
Top shared holdings
| Company | Ticker | in MGK | in SCHG |
|---|---|---|---|
| NVIDIA Corp | NVDA | 13.75% | 10.83% |
| Apple Inc | AAPL | 12.6% | 9.82% |
| Microsoft Corp | MSFT | 9.01% | 7.34% |
| Amazon.com Inc | AMZN | 4.59% | 5.14% |
| Alphabet Inc | GOOGL | 5.51% | 4.56% |
| Tesla Inc | TSLA | 4.18% | 4.22% |
| Meta Platforms Inc | META | 4.17% | 4.58% |
| Broadcom Inc | AVGO | 4.4% | 3.93% |
| Alphabet Inc | GOOG | 4.37% | 3.64% |
| Eli Lilly & Co | LLY | 3.17% | 3.17% |
FAQ
How much do MGK and SCHG overlap?
MGK and SCHG have a 75.7% overlap by weight, sharing 45 holdings (out of 59 in MGK and 194 in SCHG), based on official issuer holdings as of 2026-03-31.
What does 75.7% overlap mean?
MGK and SCHG are largely the same portfolio. Holding both adds little diversification — most dollars end up in the same underlying stocks.
Which stocks do MGK and SCHG both hold?
The largest shared positions are NVIDIA Corp, Apple Inc, Microsoft Corp, Amazon.com Inc, Alphabet Inc. The full list of top shared holdings with weights in each fund is shown on this page.