VONG vs VYM
Vanguard Russell 1000 Growth ETF vs Vanguard High Dividend Yield ETF
Which is better, VONG or VYM?
Large Cap Growth against Large Cap Value.
VYM has a lower expense ratio. VONG led over 3Y and the full window, VYM over 1Y and 5Y. VYM is less concentrated, with 25.9% 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 | VYM |
|---|---|---|
| Expense Ratio | 0.06% | 0.04%Best |
| AUM | $51.6B | $81.6B |
| Dividend Yield | 0.46% | 2.22% |
| Holdings | 373 | 613 |
| YTD Return | +3.94% | +13.91%Best |
| 1Y Return | +7.20% | +17.57%Best |
| 3Y Return (annualized) | +21.44%Best | +18.12% |
| 5Y Return (annualized) | +11.98% | +12.17%Best |
| Volatility (annualized) | 15.9% | 12.9%Best |
| Max Drawdown | -32.7%Best | -35.7% |
| $10,000 over 5 years | $17,608 | $17,758Best |
| Top 10 Weight | 54.3% | 25.9%Best |
| Fund Family | Vanguard (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Sep 20, 2010 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Sep 22, 2010 to Sep 11, 2026 (16 years).
VONG vs VYM 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 VYM Performance
Vanguard Russell 1000 Growth ETF (VONG) is an ETF from Vanguard (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year VONG returned +7.20% while VYM returned +17.57%. Year to date, VONG is up 3.94% versus a gain of 13.91% for VYM.
Over three years, VONG compounded at +21.44% per year against +18.12% for VYM; over five years the annualized figures are +11.98% and +12.17% respectively. Across the full 16-year window we track, VONG has the edge at +15.56% annualized vs +10.44%.
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 12.9% for VYM. 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 -35.7% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
VONG charges 0.06% per year while VYM charges 0.04%. On a $10,000 position that is $6 vs $4 annually, a gap of $2 per year that compounds over a long holding period. On income, VONG currently yields 0.46% against 2.22% for VYM.
Holdings Overlap
12.7% of VONG's money is in holdings VYM also owns. 30.6% of VYM's money is in holdings VONG also owns.
The two portfolios partly overlap.
73 positions in common, counted across the 371 positions we hold weights for in VONG and 603 in VYM, against full books of 373 and 613.
What only one of them owns
Our book lists 495 positions for VYM that do not appear in our book for VONG (66.9% of the fund), and 245 for VONG that do not appear in VYM (86.7%).
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 VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 5.20% | 7.29% | 2.09% |
| CATCaterpillar, Inc. | 1.43% | 2.01% | 0.58% |
| HDHome Depot Inc/The | 0.77% | 1.46% | 0.69% |
| ABBVAbbvie Inc. | 0.11% | 1.85% | 1.74% |
| TXNTexas Instruments, Inc | 0.80% | 1.13% | 0.33% |
| ORCLOracle Corp. | 0.74% | 1.04% | 0.30% |
| KOCoca Cola Co. | 0.11% | 1.31% | 1.20% |
| AMGNAmgen Inc. | 0.41% | 0.75% | 0.34% |
| CCitigroup Inc. | 0.10% | 0.94% | 0.84% |
| ADIAnalog Devices, Inc. | 0.04% | 0.80% | 0.76% |
30.6% of VYM 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 VYM?
VONG has an expense ratio of 0.06% while VYM charges 0.04%. VYM is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, VONG or VYM?
Over the past year VONG returned +7.20% vs +17.57% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (16 years), VONG annualized +15.56% vs +10.44% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VONG or VYM?
VONG has been the more volatile fund at 15.9% annualized versus 12.9% for VYM. Worst drawdown: VONG -32.7% vs VYM -35.7%.
Should I hold both VONG and VYM?
VONG and VYM have a monthly-return correlation of 0.75, 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 VONG and VYM?
30.6% of VYM's money is in holdings VONG also owns. 30.6% of VYM's is in holdings VONG also owns. They hold 73 positions in common, counted across the 371 positions we hold weights for in VONG and 603 in VYM.
Which pays a higher dividend, VONG or VYM?
VONG yields 0.46% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than VONG?
VYM has a lower expense ratio. VONG led over 3Y and the full window, VYM over 1Y and 5Y. VYM is less concentrated, with 25.9% 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.