VONG vs VV
Vanguard Russell 1000 Growth ETF vs Vanguard Morningstar Large-Cap ETF
Quick Verdict
VV has a lower expense ratio. VV delivered stronger 1-year returns. VV offers more diversification with 437 holdings.
Side-by-Side Comparison
| Metric | VONG | VV | Winner |
|---|---|---|---|
| Expense Ratio | 0.06% | 0.03% | |
| AUM | $43.5B | $52.6B | |
| Dividend Yield | 0.48% | 1.03% | |
| Holdings | 373 | 437 | |
| YTD Return | +4.34% | +12.78% | |
| 1Y Return | +11.69% | +20.89% | |
| 3Y Return (annualized) | +21.06% | +21.17% | |
| 5Y Return (annualized) | +11.81% | +12.35% | |
| Volatility (annualized) | 15.9% | 14.8% | |
| Max Drawdown | -32.7% | -56.0% | |
| Fund Family | Vanguard (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Sep 20, 2010 | Jan 27, 2004 |
VONG vs VV Performance
Vanguard Russell 1000 Growth ETF (VONG) is a ETF from Vanguard (US) and Vanguard Morningstar Large-Cap ETF (VV) is a ETF from Vanguard (US). Over the past year VONG returned +11.69% while VV returned +20.89%. Year to date, VONG is up 4.34% versus a gain of 12.78% for VV.
Over three years, VONG compounded at +21.06% per year against +21.17% for VV; over five years the annualized figures are +11.81% and +12.35% respectively. Across the full 16-year window we track, VONG has the edge at +15.62% annualized vs +9.46%. 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 14.8% for VV. 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 -56.0% for VV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.96. 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 VV 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 0.48% against 1.03% for VV.
Holdings Overlap
VONG and VV share 180 holdings out of 622 unique holdings combined, representing a 58.6% weight overlap.
High overlap means holding both may not provide much additional diversification.
Frequently Asked Questions
Which is cheaper, VONG or VV?
VONG has an expense ratio of 0.06% while VV charges 0.03%. VV is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which performed better, VONG or VV?
Over the past year VONG returned +11.69% vs +20.89% for VV, so VV leads on 1-year performance. Over the longest common window we track (16 years), VONG annualized +15.62% vs +9.46% for VV. Past performance does not guarantee future results.
Which is riskier, VONG or VV?
VONG has been the more volatile fund at 15.9% annualized versus 14.8% for VV. Worst drawdown: VONG -32.7% vs VV -56.0%.
Should I hold both VONG and VV?
VONG and VV have a monthly-return correlation of 0.96, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between VONG and VV?
VONG and VV share 180 common holdings with a 58.6% weight overlap. Combined, they hold 622 unique securities.
Which pays a higher dividend, VONG or VV?
VONG yields 0.48% while VV yields 1.03%, so VV currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.