IWO spreads its bets; MGK concentrates them
iShares Russell 2000 Growth ETF (NYSEMKT:IWO) targets small-cap volatility and high upside, whereas Vanguard Mega Cap Growth ETF (NYSEMKT:MGK) provides lower-cost exposure to the established giants of the U.S. economy.
These two funds offer distinct ways to capture growth across the market-cap spectrum. One looks at the "big fish" in the technology and communication sectors, while the other scours the small-cap universe for emerging companies with higher potential volatility. Choosing between them requires weighing the low-cost efficiency of mega-caps against the diversification and upside of smaller firms.
Beta measures price volatility relative to the S 500; Beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
Source Fool.com