VNQ vs VONG
Vanguard Real Estate ETF vs Vanguard Russell 1000 Growth ETF
Which is better, VNQ or VONG?
Mid Cap Blend against Large Cap Growth.
VONG has a lower expense ratio. VNQ led over 1Y, VONG over 3Y, 5Y and the full window.
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 | VNQ | VONG |
|---|---|---|
| Expense Ratio | 0.13% | 0.06%Best |
| AUM | $35.9B | $52.8B |
| Dividend Yield | 3.63% | 0.47% |
| Holdings | 144 | 378 |
| YTD Return | +12.72%Best | -0.74% |
| 1Y Return | +10.42%Best | -2.52% |
| 3Y Return (annualized) | +13.36% | +19.05%Best |
| 5Y Return (annualized) | +1.44% | +9.99%Best |
| Volatility (annualized) | 17.0% | 15.9%Best |
| Max Drawdown | -42.8% | -32.7%Best |
| $10,000 over 5 years | $10,741 | $16,098Best |
| Fund Family | Vanguard (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Growth |
| Inception | Sep 23, 2004 | Sep 20, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 22, 2010 to Nov 11, 2026 (16.1 years).
VNQ 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 16.1 years both funds cover.
VNQ vs VONG Performance
Vanguard Real Estate ETF (VNQ) is an ETF from Vanguard (US) and Vanguard Russell 1000 Growth ETF (VONG) is an ETF from Vanguard (US). Over the past year VNQ returned +10.42% while VONG returned -2.52%. Year to date, VNQ is up 12.72% versus a loss of 0.74% for VONG.
Over three years, VNQ compounded at +13.36% per year against +19.05% for VONG; over five years the annualized figures are +1.44% and +9.99% respectively. Across the full 16-year window we track, VONG has the edge at +15.06% annualized vs +5.19%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VNQ has been the more volatile fund, with annualized monthly volatility of 17.0% compared with 15.9% for VONG. 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 -42.8% for VNQ 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 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
VNQ charges 0.13% per year while VONG charges 0.06%. On a $10,000 position that is $13 vs $6 annually, a gap of $7 per year that compounds over a long holding period. On income, VNQ currently yields 3.63% against 0.47% for VONG.
Holdings Overlap
At least 0.4% of VONG's money is in holdings VNQ also owns.
Stated as a floor: for VNQ, our book for it covers 84.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
7 positions in common, counted across the 139 positions we hold weights for in VNQ and 372 in VONG, against full books of 144 and 378.
Top Shared Holdings
| Stock | Weight in VNQ | Weight in VONG | Difference |
|---|---|---|---|
| AMTAmerican Tower Corporation | 4.32% | 0.14% | 4.18% |
| SPGSimon Property Group Inc | 3.69% | 0.19% | 3.50% |
| PSAPublic Storage | 2.69% | 0.01% | 2.68% |
| CBRECbre Group Inc. Class A | 2.13% | 0.01% | 2.12% |
| JLLJones Lang Lasalle Inc. | 0.80% | 0.00% | 0.80% |
| LAMRLamar Advertising Co | 0.70% | 0.01% | 0.69% |
| CSGPCostar Group Inc. | 0.63% | 0.00% | 0.63% |
You are not choosing between two funds in isolation.
Whichever of VNQ and VONG you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, VNQ or VONG?
VNQ has an expense ratio of 0.13% while VONG charges 0.06%. VONG is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, VNQ or VONG?
Over the past year VNQ returned +10.42% vs -2.52% for VONG, so VNQ leads on 1-year performance. Over the longest common window we track (16 years), VNQ annualized +5.19% vs +15.06% for VONG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VNQ or VONG?
VNQ has been the more volatile fund at 17.0% annualized versus 15.9% for VONG. Worst drawdown: VNQ -42.8% vs VONG -32.7%.
Should I hold both VNQ and VONG?
VNQ and VONG have a monthly-return correlation of 0.62, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, VNQ or VONG?
VNQ yields 3.63% while VONG yields 0.47%, so VNQ currently pays the higher dividend yield.
Is VONG better than VNQ?
VONG has a lower expense ratio. VNQ led over 1Y, VONG over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.