VIG vs VONG
Vanguard Dividend Appreciation ETF vs Vanguard Russell 1000 Growth ETF
Which is better, VIG or VONG?
Large Cap Blend against Large Cap Growth.
VIG has a lower expense ratio. VIG led over 1Y, VONG over 3Y, 5Y and the full window. VIG is less concentrated, with 33.4% of the fund in its ten largest positions against 54.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | VIG | VONG |
|---|---|---|
| Expense Ratio | 0.04%Best | 0.06% |
| AUM | $111.4B | $51.6B |
| Dividend Yield | 1.48% | 0.46% |
| Holdings | 335 | 373 |
| YTD Return | +8.93%Best | +7.39% |
| 1Y Return | +11.85%Best | +7.38% |
| 3Y Return (annualized) | +16.73% | +24.42%Best |
| 5Y Return (annualized) | +10.86% | +13.19%Best |
| Volatility (annualized) | 12.5%Best | 15.9% |
| Max Drawdown | -31.7%Best | -32.7% |
| $10,000 over 5 years | $16,745 | $18,580Best |
| Top 10 Weight | 33.4%Best | 54.3% |
| Fund Family | Vanguard (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Apr 21, 2006 | Sep 20, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 22, 2010 to Sep 21, 2026 (16 years).
VIG vs VONG growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 16 years both funds cover.
VIG vs VONG Performance
Vanguard Dividend Appreciation ETF (VIG) is an ETF from Vanguard (US) and Vanguard Russell 1000 Growth ETF (VONG) is an ETF from Vanguard (US). Over the past year VIG returned +11.85% while VONG returned +7.38%. Year to date, VIG is up 8.93% versus a gain of 7.39% for VONG.
Over three years, VIG compounded at +16.73% per year against +24.42% for VONG; over five years the annualized figures are +10.86% and +13.19% respectively. Across the full 16-year window we track, VONG has the edge at +15.77% annualized vs +11.15%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VONG has been the more volatile fund, with annualized monthly volatility of 15.9% compared with 12.5% for VIG. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -31.7% for VIG and -32.7% for VONG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VIG charges 0.04% per year while VONG charges 0.06%. On a $10,000 position that is $4 vs $6 annually, a gap of $2 per year that compounds over a long holding period. On income, VIG currently yields 1.48% against 0.46% for VONG.
Holdings Overlap
50.8% of VIG's money is in holdings VONG also owns. 33.5% of VONG's money is in holdings VIG also owns.
The two portfolios partly overlap.
62 positions in common, counted across the 322 positions we hold weights for in VIG and 371 in VONG, against full books of 335 and 373.
What only one of them owns
Our book lists 247 positions for VONG that do not appear in our book for VIG (65.9% of the fund), and 237 for VIG that do not appear in VONG (48.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in VIG | Weight in VONG | Difference |
|---|---|---|---|
| AAPLApple, Inc | 4.45% | 6.71% | 2.26% |
| AVGOBroadcom Inc | 4.63% | 5.20% | 0.57% |
| MSFTMicrosoft Corp | 4.34% | 4.10% | 0.24% |
| LLYEli Lilly & Co. | 3.93% | 2.83% | 1.10% |
| VVisa Inc Class A | 2.45% | 1.58% | 0.87% |
| MAMastercard Inc | 2.00% | 1.23% | 0.77% |
| LRCXLrcx Uw Equity | 1.58% | 1.60% | 0.02% |
| CATCaterpillar, Inc. | 1.62% | 1.43% | 0.19% |
| COSTCostco Wholesale Corp. | 1.83% | 0.54% | 1.29% |
| WMTWalmart, Inc. | 2.11% | 0.13% | 1.98% |
50.8% of VIG is already inside VONG.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, VIG or VONG?
VIG has an expense ratio of 0.04% while VONG charges 0.06%. VIG is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, VIG or VONG?
Over the past year VIG returned +11.85% vs +7.38% for VONG, so VIG leads on 1-year performance. Over the longest common window we track (16 years), VIG annualized +11.15% vs +15.77% for VONG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VIG or VONG?
VONG has been the more volatile fund at 15.9% annualized versus 12.5% for VIG. Worst drawdown: VIG -31.7% vs VONG -32.7%.
Should I hold both VIG and VONG?
VIG and VONG have a monthly-return correlation of 0.86, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between VIG and VONG?
50.8% of VIG's money is in holdings VONG also owns. 33.5% of VONG's is in holdings VIG also owns. They hold 62 positions in common, counted across the 322 positions we hold weights for in VIG and 371 in VONG.
Which pays a higher dividend, VIG or VONG?
VIG yields 1.48% while VONG yields 0.46%, so VIG currently pays the higher dividend yield.
Is VONG better than VIG?
VIG has a lower expense ratio. VIG led over 1Y, VONG over 3Y, 5Y and the full window. VIG is less concentrated, with 33.4% of the fund in its ten largest positions against 54.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.