Beta: 0.94X Performance One-Month: Down 2.09% P/E (36 Months): 16.44X Vanguard Mega Cap Value ETF MGV – Zacks Rank #1 As rates are rising value stocks and funds are likely to underperform. Vanguard Mega Cap Value ETF (MGV): ETF Research Reports The bets of a 75-bp Fed rate hike this week amid sky-high inflation, ECB’s looming hawkish stance, the Russia-Ukraine war, soaring energy prices and a renewed surge in COVID cases in countries like United Kingdom and China have sent stocks in the bear market this time around.