VONG vs VOT
Vanguard Russell 1000 Growth ETF vs Vanguard Morningstar Mid-Cap Growth ETF
Which is better, VONG or VOT?
Large Cap Growth against Mid Cap Growth.
VOT has a lower expense ratio. VONG led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.91. VOT is less concentrated, with 20.9% of the fund in its ten largest positions against 56.4%.
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 | VOT |
|---|---|---|
| Expense Ratio | 0.06% | 0.05%Best |
| AUM | $45.9B | $19.6B |
| Dividend Yield | 0.46% | 0.60% |
| Holdings | 374 | 126 |
| YTD Return | +6.94%Best | +5.34% |
| 1Y Return | +7.26%Best | +1.00% |
| 3Y Return (annualized) | +24.01%Best | +15.93% |
| 5Y Return (annualized) | +13.43%Best | +5.01% |
| Volatility (annualized) | 15.8%Best | 17.0% |
| Max Drawdown | -32.7%Best | -37.2% |
| $10,000 over 5 years | $18,778Best | $12,769 |
| Top 10 Weight | 56.4% | 20.9%Best |
| Fund Family | Vanguard (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Mid Cap Growth |
| Inception | Sep 20, 2010 | Aug 17, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Sep 22, 2010 to Oct 1, 2026 (16 years).
VONG vs VOT 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 VOT Performance
Vanguard Russell 1000 Growth ETF (VONG) is an ETF from Vanguard (US) and Vanguard Morningstar Mid-Cap Growth ETF (VOT) is an ETF from Vanguard (US). Over the past year VONG returned +7.26% while VOT returned +1.00%. Year to date, VONG is up 6.94% versus a gain of 5.34% for VOT.
Over three years, VONG compounded at +24.01% per year against +15.93% for VOT; over five years the annualized figures are +13.43% and +5.01% respectively. Across the full 16-year window we track, VONG has the edge at +15.71% annualized vs +11.57%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOT has been the more volatile fund, with annualized monthly volatility of 17.0% compared with 15.8% 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 -32.7% for VONG and -37.2% for VOT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. 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 VOT charges 0.05%. On a $10,000 position that is $6 vs $5 annually, a gap of $1 per year that compounds over a long holding period. On income, VONG currently yields 0.46% against 0.60% for VOT.
Holdings Overlap
9.0% of VONG's money is in holdings VOT also owns. 70.8% of VOT's money is in holdings VONG also owns.
Most of VOT is already inside VONG. Owning both mostly buys the same companies twice.
76 positions in common, counted across the 368 positions we hold weights for in VONG and 123 in VOT, against full books of 374 and 126.
What only one of them owns
Our book lists 43 positions for VOT that do not appear in our book for VONG (27.3% of the fund), and 233 for VONG that do not appear in VOT (90.3%).
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 VOT | Difference |
|---|---|---|---|
| HWMHowmet Aerospace Inc. | 0.35% | 2.57% | 2.22% |
| WDCWestern Digital Corp. | 0.57% | 2.14% | 1.57% |
| PWRQuanta Services Inc | 0.31% | 2.28% | 1.97% |
| VRTVertiv Co. | 0.29% | 2.11% | 1.82% |
| NETCloudflare Inc (180 Day Lockup) | 0.27% | 2.03% | 1.76% |
| DDOGDatadog Inc | 0.27% | 2.02% | 1.75% |
| ROSTRoss Stores, Inc. | 0.21% | 1.84% | 1.63% |
| CEGConstellation Energy Corporation Com | 0.02% | 1.94% | 1.92% |
| RCLRoyal Caribbean Cruises | 0.14% | 1.75% | 1.61% |
| DASHDoordash Inc - A | 0.23% | 1.65% | 1.42% |
70.8% of VOT 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.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, VONG or VOT?
VONG has an expense ratio of 0.06% while VOT charges 0.05%. VOT is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, VONG or VOT?
Over the past year VONG returned +7.26% vs +1.00% for VOT, so VONG leads on 1-year performance. Over the longest common window we track (16 years), VONG annualized +15.71% vs +11.57% for VOT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VONG or VOT?
VOT has been the more volatile fund at 17.0% annualized versus 15.8% for VONG. Worst drawdown: VONG -32.7% vs VOT -37.2%.
Should I hold both VONG and VOT?
VONG and VOT have a monthly-return correlation of 0.91, 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 VOT?
70.8% of VOT's money is in holdings VONG also owns. 70.8% of VOT's is in holdings VONG also owns. They hold 76 positions in common, counted across the 368 positions we hold weights for in VONG and 123 in VOT.
Which pays a higher dividend, VONG or VOT?
VONG yields 0.46% while VOT yields 0.60%, so VOT currently pays the higher dividend yield.
Is VOT better than VONG?
VOT has a lower expense ratio. VONG led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.91. VOT is less concentrated, with 20.9% of the fund in its ten largest positions against 56.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.