VONG vs VOO
Vanguard Russell 1000 Growth ETF vs Vanguard S&P 500 ETF
Which is better, VONG or VOO?
Large Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. VONG led over 3Y and the full window, VOO over 1Y and 5Y. The two have moved almost in lockstep, correlation 0.95. VOO is less concentrated, with 37.6% 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 | VONG | VOO |
|---|---|---|
| Expense Ratio | 0.06% | 0.03%Best |
| AUM | $51.6B | $997.4B |
| Dividend Yield | 0.46% | 1.04% |
| Holdings | 373 | 509 |
| YTD Return | +2.47% | +11.48%Best |
| 1Y Return | +4.34% | +15.94%Best |
| 3Y Return (annualized) | +21.11%Best | +21.01% |
| 5Y Return (annualized) | +11.55% | +12.66%Best |
| Volatility (annualized) | 15.9% | 14.1%Best |
| Max Drawdown | -32.7%Best | -34.3% |
| $10,000 over 5 years | $17,272 | $18,149Best |
| Top 10 Weight | 54.3% | 37.6%Best |
| Fund Family | Vanguard (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Sep 20, 2010 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 22, 2010 to Sep 15, 2026 (16 years).
VONG vs VOO 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.
VONG vs VOO Performance
Vanguard Russell 1000 Growth ETF (VONG) is an ETF from Vanguard (US) and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year VONG returned +4.34% while VOO returned +15.94%. Year to date, VONG is up 2.47% versus a gain of 11.48% for VOO.
Over three years, VONG compounded at +21.11% per year against +21.01% for VOO; over five years the annualized figures are +11.55% and +12.66% respectively. Across the full 16-year window we track, VONG has the edge at +15.45% annualized vs +13.17%.
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 14.1% for VOO. 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 -32.7% for VONG and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
VONG charges 0.06% per year while VOO charges 0.03%. On a $10,000 position that is $6 vs $3 annually, a gap of $3 per year that compounds over a long holding period. On income, VONG currently yields 0.46% against 1.04% for VOO.
Holdings Overlap
93.0% of VONG's money is in holdings VOO also owns. 65.8% of VOO's money is in holdings VONG also owns.
Most of VONG is already inside VOO. Owning both mostly buys the same companies twice.
173 positions in common, counted across the 371 positions we hold weights for in VONG and 494 in VOO, against full books of 373 and 509.
What only one of them owns
Our book lists 314 positions for VOO that do not appear in our book for VONG (33.4% of the fund), and 141 for VONG that do not appear in VOO (6.5%).
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 VONG | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 13.81% | 7.55% | 6.26% |
| AAPLApple, Inc | 6.71% | 7.05% | 0.34% |
| MSFTMicrosoft Corp | 4.10% | 5.36% | 1.26% |
| GOOGLAlphabet Inc,class A | 6.16% | 3.24% | 2.92% |
| AVGOBroadcom Inc | 5.20% | 2.86% | 2.34% |
| GOOGAlphabet Inc | 4.97% | 2.62% | 2.35% |
| MUMicron Technology, Inc. | 3.85% | 1.44% | 2.41% |
| TSLATesla Inc | 3.64% | 1.36% | 2.28% |
| METAMeta Platforms Inc | 3.00% | 1.90% | 1.10% |
| AMZNAmazon.Com Inc | 0.57% | 4.13% | 3.56% |
93.0% of VONG is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, VONG or VOO?
VONG has an expense ratio of 0.06% while VOO charges 0.03%. VOO is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, VONG or VOO?
Over the past year VONG returned +4.34% vs +15.94% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), VONG annualized +15.45% vs +13.17% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VONG or VOO?
VONG has been the more volatile fund at 15.9% annualized versus 14.1% for VOO. Worst drawdown: VONG -32.7% vs VOO -34.3%.
Should I hold both VONG and VOO?
VONG and VOO have a monthly-return correlation of 0.95, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between VONG and VOO?
93.0% of VONG's money is in holdings VOO also owns. 65.8% of VOO's is in holdings VONG also owns. They hold 173 positions in common, counted across the 371 positions we hold weights for in VONG and 494 in VOO.
Which pays a higher dividend, VONG or VOO?
VONG yields 0.46% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than VONG?
VOO has a lower expense ratio. VONG led over 3Y and the full window, VOO over 1Y and 5Y. The two have moved almost in lockstep, correlation 0.95. VOO is less concentrated, with 37.6% 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.