VOO vs VOOG
Vanguard S&P 500 ETF vs Vanguard S&P 500 Growth ETF
Which is better, VOO or VOOG?
Large Cap Blend against Large Cap Growth.
VOO has a lower expense ratio. VOOG led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.96. VOO is less concentrated, with 36.4% 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 | VOO | VOOG |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.07% |
| AUM | $997.4B | $26.0B |
| Dividend Yield | 1.08% | 0.47% |
| Holdings | 509 | 156 |
| YTD Return | +12.74% | +13.69%Best |
| 1Y Return | +19.43% | +20.44%Best |
| 3Y Return (annualized) | +21.18% | +25.84%Best |
| 5Y Return (annualized) | +12.76% | +12.99%Best |
| Volatility (annualized) | 14.1%Best | 15.4% |
| Max Drawdown | -34.3% | -32.7%Best |
| $10,000 over 5 years | $18,230 | $18,416Best |
| Top 10 Weight | 36.4%Best | 54.3% |
| Fund Family | Vanguard (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Sep 7, 2010 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2010 to Sep 8, 2026 (16 years).
VOO vs VOOG 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.
VOO vs VOOG Performance
Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US) and Vanguard S&P 500 Growth ETF (VOOG) is an ETF from Vanguard (US). Over the past year VOO returned +19.43% while VOOG returned +20.44%. Year to date, VOO is up 12.74% versus a gain of 13.69% for VOOG.
Over three years, VOO compounded at +21.18% per year against +25.84% for VOOG; over five years the annualized figures are +12.76% and +12.99% respectively. Across the full 16-year window we track, VOOG has the edge at +15.72% annualized vs +13.43%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOOG has been the more volatile fund, with annualized monthly volatility of 15.4% 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 -34.3% for VOO and -32.7% for VOOG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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
VOO charges 0.03% per year while VOOG charges 0.07%. On a $10,000 position that is $3 vs $7 annually, a gap of $4 per year that compounds over a long holding period. On income, VOO currently yields 1.08% against 0.47% for VOOG.
Holdings Overlap
64.3% of VOO's money is in holdings VOOG also owns. 94.9% of VOOG's money is in holdings VOO also owns.
Most of VOOG is already inside VOO. Owning both mostly buys the same companies twice.
144 positions in common, counted across the 504 positions we hold weights for in VOO and 145 in VOOG, against full books of 509 and 156.
What only one of them owns
Our book lists 1 positions for VOOG that do not appear in our book for VOO (0.1% of the fund), and 351 for VOO that do not appear in VOOG (35.1%).
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 VOO | Weight in VOOG | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.51% | 13.64% | 6.13% |
| AAPLApple Inc Ord | 6.59% | 5.98% | 0.61% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 4.30% | 7.80% | 3.50% |
| GOOGAlphabet, Inc., Class C | 2.59% | 5.90% | 3.31% |
| AVGOBroadcom Inc | 2.77% | 5.04% | 2.27% |
| AMZNAmazon.Com Inc | 3.62% | 3.48% | 0.14% |
| MUMicron Technology, Inc. | 2.02% | 3.66% | 1.64% |
| METAMeta Platform Inc | 1.92% | 3.48% | 1.56% |
| LLYEli Lilly & Co. | 1.47% | 2.67% | 1.20% |
| AMDAdvanced Micro Devices Inc | 1.47% | 2.67% | 1.20% |
94.9% of VOOG 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, VOO or VOOG?
VOO has an expense ratio of 0.03% while VOOG charges 0.07%. VOO is the cheaper option, by $4 a year on a $10,000 investment.
Which performed better, VOO or VOOG?
Over the past year VOO returned +19.43% vs +20.44% for VOOG, so VOOG leads on 1-year performance. Over the longest common window we track (16 years), VOO annualized +13.43% vs +15.72% for VOOG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, VOO or VOOG?
VOOG has been the more volatile fund at 15.4% annualized versus 14.1% for VOO. Worst drawdown: VOO -34.3% vs VOOG -32.7%.
Should I hold both VOO and VOOG?
VOO and VOOG have a monthly-return correlation of 0.96, 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 VOO and VOOG?
94.9% of VOOG's money is in holdings VOO also owns. 94.9% of VOOG's is in holdings VOO also owns. They hold 144 positions in common, counted across the 504 positions we hold weights for in VOO and 145 in VOOG.
Which pays a higher dividend, VOO or VOOG?
VOO yields 1.08% while VOOG yields 0.47%, so VOO currently pays the higher dividend yield.
Is VOOG better than VOO?
VOO has a lower expense ratio. VOOG led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.96. VOO is less concentrated, with 36.4% 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.