Vanguard Mega Cap Value ETF (MGV) Performance
MGV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +19.8% since Dec 31, 2025
- 1 year
- +23.0% total return
- 5 years
- +12.6% a year
- 10 years
- +13.2% a year
- Since first price
- +9.3% a year since 2007
MGV trailing returns vs SPY, QQQ, AGG
| Period | MGV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.9% | +1.4% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.3% | +1.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +11.7% | +10.7% | +7.8% | +8.4% | −1.5% |
| YTD | +19.8% | +18.1% | +12.3% | +15.1% | −1.0% |
| 1 year | +23.0% | +20.6% | +14.4% | +15.9% | −1.1% |
| 3 years | +80.2%+21.7%/yr | +68.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +81.0%+12.6%/yr | +61.0% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +245.4%+13.2%/yr | +169.1% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +551.5%+13.3%/yr | +345.3% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionDec 21, 2007 | +436.1%+9.3%/yr | +229.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: MGV vs SPY
From Dec 21, 2007: MGV grew to $53,614, SPY to $72,210.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
MGV returns by calendar year
14 of 18 full years positive. Best 2013 (+32.2%), worst 2008 (−35.7%). 2026 is year to date.
MGV annual returns table
| Year | MGV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +19.8% | −6.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +15.5% | −13.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +16.9% | −7.1% | +24.9% | +25.6% | +1.3% |
| 2023 | +9.2% | −9.1% | +26.2% | +54.9% | +5.7% |
| 2022 | −1.2% | −16.5% | −18.2% | −32.6% | −13.0% |
| 2021 | +25.9% | −5.0% | +28.7% | +27.4% | −1.8% |
| 2020 | +2.5% | −35.4% | +18.3% | +48.6% | +7.5% |
| 2019 | +25.5% | −6.5% | +31.2% | +39.0% | +8.5% |
| 2018 | −4.1% | −16.6% | −4.6% | −0.1% | +0.1% |
| 2017 | +16.8% | −4.1% | +21.7% | +32.7% | +3.6% |
| 2016 | +16.8% | −8.3% | +12.0% | +7.1% | +2.4% |
| 2015 | −0.2% | −12.9% | +1.2% | +9.4% | +0.5% |
| 2014 | +12.9% | −7.7% | +13.5% | +19.2% | +6.0% |
| 2013 | +32.2% | −4.9% | +32.3% | +36.6% | −2.0% |
| 2012 | +15.0% | −9.4% | +16.0% | +18.1% | +3.8% |
| 2011 | +1.4% | −20.4% | +1.9% | +3.4% | +7.7% |
| 2010 | +13.1% | −15.2% | +15.1% | +19.9% | +6.4% |
| 2009 | +15.8% | −32.8% | +26.4% | +54.7% | +3.0% |
| 2008 | −35.7% | −46.8% | −36.8% | −41.7% | +7.9% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
MGV largest drawdowns
Now 0.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 26, 2007 | −56.3% | Mar 5, 2009 | Jan 10, 2013 | 1.2 years | 5.0 years |
| Feb 12, 2020 | −35.4% | Mar 23, 2020 | Dec 4, 2020 | 40 days | 10 months |
| Sep 21, 2018 | −16.6% | Dec 24, 2018 | Apr 29, 2019 | 3 months | 7 months |
| Apr 20, 2022 | −16.5% | Sep 30, 2022 | Jul 20, 2023 | 5 months | 1.2 years |
| Feb 19, 2025 | −13.2% | Apr 8, 2025 | Jul 1, 2025 | 48 days | 4 months |
| May 21, 2015 | −12.9% | Aug 25, 2015 | Apr 18, 2016 | 3 months | 11 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
MGV risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2007 |
|---|---|---|---|---|
| Annualized return | +19.3% | +13.1% | +12.7% | +9.2% |
| Volatility (annualized) | 11.1% | 13.7% | 14.3% | 15.2% |
| Sharpe ratio | 1.26 | 0.71 | 0.75 | 0.57 |
| Sortino ratio | 2.11 | 1.17 | 1.17 | 0.84 |
| Best month | +6.2% | +12.1% | +12.8% | +12.8% |
| Worst month | −5.9% | −7.3% | −13.4% | −15.4% |
| Best 12 months | +31.0% | +31.0% | +48.0% | +52.3% |
| Worst 12 months | +7.8% | −5.8% | −12.9% | −46.1% |
| Positive months | 69% | 62% | 64% | 62% |
| Beta vs S&P 500 | 0.66 | 0.72 | 0.83 | — |
| Correlation with S&P 500 | 0.74 | 0.83 | 0.89 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
MGV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 215 | −46.1% | +12.9% | +52.3% | 85% |
| 3-year (a year) | 191 | −5.5% | +11.7% | +23.4% | 96% |
| 5-year (a year) | 167 | −0.4% | +11.9% | +21.6% | 99% |
| 10-year (a year) | 107 | +7.2% | +11.5% | +15.7% | 100% |
Every holding period starting at a month-end since 2007. Returns for 3 years and longer are annualized.
MGV performance overview
Vanguard Mega Cap Value ETF (MGV) returned +23.0% over the past year and +13.2% a year over ten years, with distributions reinvested. Since its first recorded price in 2007 it has returned +9.3% a year, turning $10,000 into about $53,614. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −56.3%, from Dec 26, 2007 to Mar 5, 2009, and it took 3.9 years to get back to the old high. MGV finished 14 of its 18 full calendar years with a gain; the best year was 2013 (+32.2%) and the worst 2008 (−35.7%). Volatility has been 15.2% a year.
Related: MGV chart, MGV holdings, MGV dividends, MGV valuation. See the MGV overview for the latest quote and fund facts.
MGV performance FAQ
What is the MGV return over the past year?
MGV returned +23.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 20.6%.
What is the average annual return of MGV?
MGV has returned +12.6% a year over 5 years, +13.2% a year over 10 years, +9.3% a year since December 21, 2007 (total return, distributions reinvested).
How much would $10,000 invested in MGV be worth?
$10,000 invested in MGV at its first recorded close on December 21, 2007 would be worth about $53,614 on October 23, 2026 with distributions reinvested.
What was the worst year for MGV?
The worst calendar year was 2008, with a total return of −35.7%. The best was 2013 at +32.2%.
What is the biggest drawdown of MGV?
The largest peak-to-trough decline was −56.3% between December 26, 2007 and March 5, 2009. It recovered to the old high on January 10, 2013, 3.9 years after the bottom.
How volatile is MGV?
Over the past 3 years MGV had an annualized volatility of 11.1% and a Sharpe ratio of 1.26 (excess return over 1–3 month T-bills per unit of risk).