MGK vs ONEQ overlap - what they share and where they differ

MGK and ONEQ share 64.9% of their weight across 34 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

MGK and ONEQ

64.9%

34 shared positions

MGK

VANGUARD MEGA CAP GROWTH INDEX FUND

Reported positions cover 100% of the fund, 55 positions · Jun 30, 2026

Top 10: 66.9%·Holdings of MGK

ONEQ

Fidelity Nasdaq Composite Index ETF

Reported positions cover 100% of the fund, 844 positions · May 31, 2026

Top 10: 59.6%·Holdings of ONEQ

Reported positions cover MGK 100%, ONEQ 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

ONEQ vs MGK side by side

MGKVANGUARD MEGA CAP GROWTH INDEX FUND

55

stock positions reported to the SEC

18.4% of its weight is in 21 names ONEQ does not hold

ONEQFidelity Nasdaq Composite Index ETF

844

stock positions reported to the SEC

32.5% of its weight is in 810 names MGK does not hold

Where each fund's weight sits

MGK
ONEQ
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
74.7%
66.7%
Consumer Cyclical
10.6%
12.2%
Healthcare
4.9%
4.7%
Financial Services
4.0%
2.5%
Consumer Defensive
0.0%
3.9%
Industrials
1.4%
0.0%

The widest gap is Technology: MGK has 8.0 points more of it.

The figures side by side

MGKONEQ
Filing dateJun 30, 2026May 31, 2026
Stock positions reported55844
Weight of the ten largest66.9%59.6%
Largest positionNVDA 13.3%NVDA 11.2%
Held alone21 positions, 18.4%810 positions, 32.5%
Covered by stock positions100%100%

Holdings they share

StockIn MGKIn ONEQCounted
NVDANVIDIA Corp13.27%11.18%11.18%
AAPLApple Inc12.17%9.98%9.98%
GOOGLAlphabet Inc10.58%9.29%9.29%
MSFTMicrosoft Corp7.50%7.29%7.29%
AMZNAmazon.com Inc4.46%6.33%4.46%
AVGOBroadcom Inc4.27%4.61%4.27%
TSLATesla Inc3.93%3.56%3.56%
METAMeta Platforms Inc4.08%3.01%3.01%
AMDAdvanced Micro Devices Inc3.19%1.83%1.83%
INTCIntel Corp1.10%1.24%1.10%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in MGK

LLYEli Lilly & Co3.40%
VVisa Inc1.82%
MAMastercard Inc1.47%
SNDKSandisk Corp1.28%
GEVGE Vernova Inc1.20%
ORCLOracle Corp0.94%
APHAmphenol Corp0.89%
GLWCorning Inc0.89%
ANETArista Networks Inc0.76%
BABoeing Co/The0.72%

Only in ONEQ

MUMICRON TECHNOLOGY INC2.37%
WMTWALMART INC2.01%
CSCOCISCO SYSTEMS INC1.03%
COSTCOSTCO WHOLESALE CORP0.92%
TXNTEXAS INSTRUMENTS INC.0.60%
QCOMQUALCOMM INC0.58%
SANDISK CORP/DE0.54%
LINLINDE PLC0.50%
TMUST-MOBILE US INC0.45%
ADIANALOG DEVICES INC0.44%

Questions people ask

Is MGK the same as ONEQ?

64.9% of their weight sits in the same 34 holdings. MGK also reports LLY, V, MA, which the other does not. ONEQ also reports MU, WMT, CSCO, which the other does not.

How is the overlap between MGK and ONEQ measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of MGK and 100% of ONEQ, so the number cannot exceed the smaller coverage.

Which holds more, ONEQ or MGK?

MGK reports 55 stock positions and ONEQ reports 844. 18.4% of MGK's weight sits in names ONEQ does not hold, and 32.5% of ONEQ's weight in names MGK does not hold. The ten largest positions are 66.9% of MGK and 59.6% of ONEQ.

How do MGK and ONEQ differ by sector?

The widest gap is Technology: MGK has 8.0 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

Other pairs with these funds

MGK against other funds in the table

Add a third fund in the tool·All fund pairs

Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.