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IWLvsMGCETF Comparison
iShares Russell Top 200 ETF (IWL) and Vanguard Mega Cap ETF (MGC) belong to the same industry segment: US Large Cap. Both ETFs have the same top 3 sector exposures: Information Technology, Communication Services and Consumer Discretionary. IWL is more expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.05% for MGC. IWL is down -3.15% year-to-date (YTD) with +$27M in YTD flows. MGC performs better with -3.09% YTD performance, and -$387M in YTD flows. Run a side-by-side ETF comparison of IWL and MGC below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
IWL vs MGC performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | IWL MGC | -2.03%-1.95% | -2.65%-2.56% | -3.15%-3.09% | +21.03%+21.60% | +87.77%+88.31% | +86.89%+86.43% |
| Flows | IWL MGC | -$17M-$13M | +$52M+$320M | +$27M-$387M | +$138M+$1.62B | +$473M+$2.41B | +$428M+$2.62B |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | IWL MGC | +12.32%+12.00% | +18.71%+18.77% | +15.27%+15.23% | +17.22%+17.34% |
| Max drawdown | IWL MGC | -4.69%-4.64% | -13.89%-13.99% | -19.22%-19.36% | -25.69%-25.79% |
| Max drawdown duration | IWL MGC | 59d59d | 45d45d | 126d126d | 707d707d |
IWL | MGC | |
Last sale 3/12/2026 at 1:30 PM | $165.19 | $243.26 |
| Previous close 03/12/2026 | $167.70 | $246.97 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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IWL | MGC | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
IWL | MGC | |
|---|---|---|
| Last price | $165.19 | $243.26 |
| 1D performance | -1.50% | -1.50% |
| AuM | $1.99 B | $9.18 B |
| E/R | 0.15% | 0.05% |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the IWL and MGC ETFs performed in 2026?
As of March 12, 2026, IWL is down -3.15% year-to-date (YTD), while MGC has lost -3.09%. That puts MGC better performer ahead so far this year.
Which ETF is attracting more investor money: IWL or MGC?
Year-to-date, the IWL ETF saw +$27M in flows, compared to -$387M for MGC.
Which ETF is more volatile: IWL or MGC?
Over the past year, IWL had a volatility of 18.71%, while MGC experienced 18.77%.
Which ETF is bigger: IWL or MGC?
As of March 12, 2026, IWL holds $1.99 B in assets under management (AUM), while MGC manages $9.18 B.
What sectors do the IWL and MGC ETFs invest in?
IWL leans toward sectors like Information Technology, Communication Services and Consumer Discretionary. Meanwhile, MGC focuses on Information Technology, Communication Services and Consumer Discretionary.
What are the top holdings of the IWL ETF and MGC ETF?
IWL top holdings include NVIDIA, APPLE and MICROSOFT-T. MGC holds in its top three: NVIDIA, APPLE and MICROSOFT-T.
Which ETF is more diversified: IWL or MGC?
IWL holds 201 securities with 50.83% of its assets in the top 15. MGC has 175 securities and a top 15 weight of 52.77%.
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