The Phenomenal History of The (MGK) Vanguard Mega Cap Growth ETF

The MGK Mega Cap ETF is an exchange-traded fund (ETF) that invests in a diversified portfolio of large, well-established companies with market capitalizations of over $100 billion. The fund seeks to provide investors with exposure to the mega cap segment of the market, which is generally considered to be the most stable and mature part of the market.

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By Ethan Wrenn

The Phenomenal History of The (MGK) Vanguard Mega Cap Growth ETF

The MGK Mega Cap ETF is an exchange-traded fund (ETF) that invests in a diversified portfolio of large, well-established companies with market capitalizations of over $100 billion. The fund seeks to provide investors with exposure to the mega cap segment of the market, which is generally considered to be the most stable and mature part of the market.

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The MGK Mega Cap ETF is managed by Vanguard Investments, a leading asset management firm with a history of successfully managing ETFs and other investment products. The fund’s portfolio is composed of a carefully selected group of mega cap companies that are leaders in their respective industries.

One of the main advantages of investing in the MGK Mega Cap ETF is the diversification it offers. By holding a portfolio of large, well-established companies, the fund is able to reduce the overall risk of an investment. This is because mega cap companies tend to be less volatile than smaller companies and are less likely to be affected by changes in the economy.

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Another advantage of the MGK Mega Cap ETF is its low cost. The fund has an expense ratio of just 0.07%, which is significantly lower than the average expense ratio of actively managed mutual funds. This means that investors can keep more of their returns, rather than having them eaten away by high fees.

The MGK Mega Cap ETF tracks the performance of the MGK Mega Cap Index, which is a market-capitalization-weighted index of the largest companies in the world. The index is rebalanced quarterly to ensure that it accurately reflects the mega cap segment of the market.

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One of the top holdings in the MGK Mega Cap ETF is Apple Inc. Apple is the world’s largest company by market capitalization and is a leader in the technology industry. Other top holdings in the fund include Microsoft, Amazon, and Alphabet (Google’s parent company).

Overall, the MGK Mega Cap ETF offers investors a low-cost, diversified way to gain exposure to the mega cap segment of the market. By investing in a basket of large, well-established companies, the fund provides investors with the potential for long-term growth and stability.

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(MGK) Vanguard Mega Cap Growth ETF - Technical Analysis, LIVE Trading and Investing!! Sep 25, 2022

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all right here we go with the next
company
It’s actually an index so let’s take a
look real quick
boom this is symbol MGK this is a major
Market
it’s an index it’s an index major I’d
say it’s pretty major in the name it
says Mega right so this is the Vanguard
Mega cap growth ETF as you can see it
kind of represents a similar pattern
than we’ve been seeing across a lot of
indexes that we’ve been covering
especially xlk if you were to Overlay
xlk or QQQ on top of this one pretty
damn similar we were saying that the
xocank you could have both seen 140
percent gains from that March 2020
period all the way to that November
2021 period and this one is basically
very similar
now
what is it that we find interesting in
this symbol well let’s start the
dividend yield it has a dividend yield
of 0.59 maybe not the highest as we said
a lot of
ETFs that represent major Mega cap
companies in the US as you’re going to
see this one has a lot of tech related
companies in it but it’s not a tech
index it
this is not a tech index but it does
have a lot of tech underlyings in it
which we will cover later the QQQ
roughly has a 0.59 dividend as well this
one’s about the same kind of makes sense
the xlk as you saw earlier which is the
US technology sector ETF has a one
percent if you want to gain that point x
that extra point four percent on your
dividend yields but
all three of these are great options
very great options honestly having all
three of them in your portfolio is a
great idea
what else do we like about this company
well let’s look at the RSI the RSI is
currently oversold this is something
you’ve heard me say across so many times
today currently oversold that means it’s
undervalued right
you want to be buying low and selling
High you don’t want to be buying into
the hype when you’re exposed to the
maximum downsides just risk I’m gonna be
buying in the troughs when everyone’s
like
uncertain where they think things are
going to go so that once they jump back
into their trades all the people who had
been shaken out decide to start buying
back in you can ride this momentum right
um as we were explaining
[Music]
this cannot go from a strong cell to a
stronger cell it cannot go any stronger
this indicator and this it’s the same
with analyst ratings and it’s the same
with this indicator right
you should think of this as like a
toggle switch you don’t want to be
placing your trades in the direction
that this is pointing you want to be
using this as the Imagine
this strong cell was the 30 on your RSI
on the strong buy was the 70 on your RSI
you want to be buying when it’s a strong
sell because again it this indicator
will never do anything more wrong to you
right but what it can do is it’ll flip
all the way back to that buy and you’re
going to see a large influx of volume
come in with that and the same can be
said about an RSI or macd they all kind
of work the same analyst ratings they
all work the same if an analyst says
something is super oversold they can’t
say it’s super super oversold they can
only go from that oversold stance that
they have and change it to an overbought
and then when they say that when they
retract their
position their stance you again see all
the people who cared about that specific
analyst’s opinion
close those shorts and then open new
longs
building into the future projection
right
so these are all things we like to see
when the RSI is down by the 30 that’s
when you want to be placing your trade
so you can ride the momentum as it comes
back up into that overbought 70
territory let’s look at previous
examples of this on this specific chart
where else has this happened well let’s
look here in March 2020 the RSI super
oversold it was touching that 30 right
what happened after that well it
proceeded to run 140 and that’s not just
in a company it’s not some random penny
stock that’s a a major market index
truly truly
tradingview.com how did this get here
another example right
December 24th 2018 RSI super oversold
touching that 30 right the green line
here here at the bottom right something
we just looked at I’m sure we’re saying
it again what happened after that it
proceeded to run 60 percent now what
happened here what happened here why did
the market sell off in February 2020
right what happened here well let’s take
a look RSI
who’s overbought crazy it was towards
the top end it was touching that 70 75
area right that’s when you want to be
getting out of your trades it’s in these
Pockets that people are like oh things
only go up everyone should be buying
dumping your life savings take out a
line of credit your grandma’s learning
to to day trade right those are the type
of headlines you’re seeing when these
markets are in these super overbought
territories again the same could be seen
right here up in this pocket RSI
overbought right that’s not when you
want to be placing your trades
let’s look for another example go back
in the price history 2016 again symbol
MGK make sure you’re always keeping in
mind the time frames you’re looking at
represented by the W or the M next to
the market symbol this we’re currently
looking at a weekly right so the
February 2016 RSI oversold touching that
30 right towards the bottom end of that
RSI what happens after that proceeds to
run 71.4 percent absolutely massive
let’s look at look again we’re just
going to keep going just to show you how
many times that this RSI has really been
used and how much you you can trust it
you know
I’m doing my best to explain if you guys
have any questions feel free to ask at
any time for example October 2011 right
RSI super oversold touching that green
at the bottom right that 30 below end of
the RSI after that proceeded to run as
much as
a hundred percent guys so as you can see
this symbol has a history of doing that
not only that not only that this dark
blue line here right this dark blue line
is representative of
yeah see that his dark blue blue line
here is a representative of the weekly
180 moving average and as you can see
from 2022 where we are today all the way
back to basically when this thing was
conceived right so basically at ipo’d
here
true price Discovery happens IPOs have
never been good right but right here in
this pocket basically only one to two
years after its initial release
for the past
11 years it has never broken below this
blue weekly 1 8 moving average never
never broken below it why would it
happen today what is going to happen
within the next six months that could
possibly be any worse than all of covid
that we just went through like let’s not
be silly here let’s not what is possibly
going to happen in the next six months
that is gonna come anywhere near as bad
as covid right and the supply chain
issues that we are now emerging out of
that are only getting better we have the
FED minutes who are saying that demand
for across basically all sectors is
intact if not better than ever so people
are buying goods companies are buying
goods as well right
what is possibly going to happen in the
next six months that could possibly be
any worse than what we’ve been going
through over the past one to two years
with covid and again the markets have
only grown in those two years we went
through the entirety of covid supply
chain issues
all of this all of this and the market
is up over a hundred percent through all
of that so please tell me what do you
think could possibly happen
to explain a bear’s argument to the
downside right what could possibly
happen that’s worse than all of that we
went through covid it grew over a
hundred percent now that we are emerging
out of covet emerging out of all these
supply chain issues and back coming back
to a new normal right
you would only expect it to go up only
only and purely and what’s been
happening over the past year has
honestly been purely technical purely
technical RSI is over about like these
these pullbacks happen all the time
you guys only if you’re not staring at
charts every day you may not completely
get that
oh look we went through the past eight
months of 2021 it was so tough I know
but you are you guys forgetting that
2020 happened and we’re higher than ever
are you guys forgetting that 2018
happened and we’re still higher than
that are you guys forgetting that 2015
2016 this was a full
year and a half of sideways movement but
we’re still higher than ever are you
guys forgetting that you know 2008
happened but we’re still like these
pullbacks happen and you need to
recognize them as opportune times to be
scaling into the most high quality
assets at the market
currently has to offer right
and not we’re not seeing anything out of
the ordinary from any of these companies
and you really shouldn’t be worried too
much again coming back to our Market
cycle of emotions here
buying up in this pocket right here
right here
um November 29th 2021
when times were most euphoric when you
had Nike again setting their profile
picture to a crypto punk you had CNBC
thinking nfts were the next big craze
you had metaverse VR basically
rebranding VR chat to you right like all
of that happening up here right
that is when you are exposing yourself
to the most
maximum Financial Risk by placing your
trades up here because again the
Market’s super overbought as you can see
by the RSI and the macd and all these
indicators this thing was probably
pointing at strong buy when it was at
the top and now it’s pointing at strong
Sal at the bottom what you’re telling me
to do the opposite of what the Market’s
doing with this honestly this lever
thing means nothing but I hope hope that
I explained it to you this is basically
just a different representation of what
is an RSI right so when it’s at the
bottom it’s pointing here and you want
to be buying one that says strong sell
because it can’t get any worse for you
as far as this in this indicator is
concerned right it can only turn to the
bull side and bring in all that new
attention for people who for whatever
reason are looking at it it basically is
an RSI it’s just
portrayed differently more legible for
people who don’t trade often I guess
but now now that we are down right we
went through the anxiety the denial the
fear like you had people in these
bounces like every way every step of the
way down on the tree branch they’re just
like guessing oh this will be it I’ll
add here this will be it I’ll add here
this will be the denial the fear the
desperation came all the way down to the
actual support right the actual sport
it’d be one thing if I was showing you
one company right but I just showed you
so many different Major Market indexes
that represent a variety of different
assets across not just America not just
Asia but also Europe all of them all
across the entire world and the indexes
are all showing RSI is oversold
potential ready to bounce right they are
all at their weekly 180 moving average
or monthly depending on the index we’re
looking at
and they all overlay perfectly like for
example
for example
QQQ
what a coincidence guys what a
coincidence these things you
the bullish cases for each and every one
of these symbols basically support one
and one another as a supporting detail
because look at how how they track guys
it’s crazy
so now that we have gotten through all
those tough times right now that we are
in this state of depression
capitalization and panic you know
everyone’s like the end is near
everyone’s crying everyone’s doesn’t
know what they want to do with their
portfolios people have gotten out of
positions quite clearly as you can tell
by the past seven months clearly
somebody has gotten out of a
a few positions right for the market to
have reacted the way it did right
now that that money’s already out that
money that is typically used for finance
and is sitting on the sitting on the
sidelines right
anxiously be waiting to be put back into
the market right because this month the
money missing from here is money that’s
used to invest and continue and grow
their portfolios right it’s not like it
just disappeared it was just parked it
was just parked and that’s what causes
these market pullbacks right
that money will come back one day right
the markets will hit a new all-time high
right people are going to continue to be
putting money in their 401K because we
all want to retire one day right
it’s just a matter of when it’s just
it’s just a matter of when and I hope
I’m doing my best to explain to you guys
how we are able to identify these Peaks
and valleys using indicators such as the
RSI how you can recognize behavior and
people’s emotions right and the type of
headlines you can expect to experience
of course people are going to be
complaining they shouldn’t be but of
course people are going to be
complaining at the bottom the same way
they were praising it and pretending
they’re the best at the top right
you want to be greedy when others are
fearful and fearful when others are
greedy now before we move on to whatever
we’re going to be covering next let’s
quickly look at the underlyings for MGK
right symbol MGK I don’t know if you
listen to the artist pretty cool
um this is the top 10 Holdings for a
representative of 40 or 54 of the
overall Holdings of the MGK as you can
see we have apple number one Microsoft
Amazon Facebook alphabet a alphabet C
class
Tesla Nvidia
the Visa PayPal great companies Great
Blue Chips if you don’t hold MGK I’m
sure you hold at least one or two of
these companies if not three probably
probably a lot of them actually
Tesla there’s a lot of people who like
to claim they like Tesla right so if you
like Tesla you have to like this symbol
right because they go hand in hand
um
but that’s just some of the underlyings
that influence the direction of this MGK
as you can see it is pretty Tech focused
but not entirely not entirely
so
[Music]
if you are new here my name is Ethan
make sure to check out my website
etherun.com from there you can find
links to all my various socials we are
currently live on YouTube and twitch so
make sure to follow And subscribe if
you’d like to be notified when I go live
next time and make sure
um that you are informed of all the
latest information
my I have two or three more things I
want to cover

The Phenomenal History of The (MGK) Vanguard Mega Cap Growth ETF

The MGK Mega Cap ETF is an exchange-traded fund (ETF) that invests in a diversified portfolio of large, well-established companies with market capitalizations of over $100 billion. The fund seeks to provide investors with exposure to the mega cap segment of the market, which is generally considered to be the most stable and mature part of the market.

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