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VONG vs VOOG

Vanguard Russell 1000 Growth Index Fund ETF Shares vs Vanguard S&P 500 Growth Index Fund ETF Shares

Last updated: 2026-04-08

VONG

Vanguard Russell 1000 Growth Index Fund ETF Shares (VONG) is an exchange-traded fund that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a low expense ratio of 0.06%. The fund offers a modest dividend yield of 0.49%. Launched in 2010, the fund has a 16-year track record.

AUM: $37.9B ER: 0.06% Yield: 0.49% Since: Sep 20, 2010
VOOG

Vanguard S&P 500 Growth Index Fund ETF Shares (VOOG) is an exchange-traded fund that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a low expense ratio of 0.07%. The fund offers a modest dividend yield of 0.51%. Launched in 2010, the fund has a 16-year track record.

AUM: $21.1B ER: 0.07% Yield: 0.51% Since: Sep 7, 2010

Quick Verdict

Both funds have nearly identical expense ratios (0.06% vs 0.07%), so fees are not a differentiator here. Over the past year, VOOG has significantly outperformed with a 43.7% return vs 38.4%.

Key Metrics

Metric VONG VOOG
Expense Ratio 0.06% 0.07%
Dividend Yield 0.5% 0.5%
Fund Family N/A N/A
Category US Large Cap Growth US Large Cap Growth

Performance Chart

Indexed to 100 at start (5-year comparison)

80 103 126 149 172 195 2021-04 2022-07 2023-10 2025-01 2026-04
VONG +74.6%
VOOG +74.8%

Performance Comparison

Period VONG VOOG Difference
1 Month -1.90% -0.49% -1.41%
3 Months -6.17% -3.63% -2.54%
6 Months -3.36% +0.70% -4.06%
YTD -5.94% -3.34% -2.60%
1 Year +38.44% +43.74% -5.30%
3 Years +82.85% +86.02% -3.17%
5 Years +73.01% +73.20% -0.19%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period VONG Fees VOOG Fees You Save
$10,000 10 years $120 $140 $20
$10,000 20 years $515 $600 $85
$10,000 30 years $1,664 $1,938 $275
$50,000 10 years $598 $698 $99
$50,000 30 years $8,318 $9,692 $1,373
$100,000 30 years $16,637 $19,383 $2,747

Risk Metrics

Based on 5 years of daily returns

Metric VONG VOOG
Annualized Volatility 21.4% 21.2%
Max Drawdown -33.2% -33.1%
Sharpe Ratio 0.42 0.42

Dividend Comparison

Metric VONG VOOG
Annual Dividend (per share) $0.56 $2.21
Dividend Yield 0.49% 0.51%
Distribution Frequency Quarterly Quarterly

Top Holdings

8 of top 9 holdings overlap (89% overlap in top holdings)

VONG Top Holdings

NameWeight
NVIDIA CorporationNVDA12.18%
Apple Inc.AAPL11.35%
Microsoft CorporationMSFT8.64%
Broadcom Inc.AVGO4.59%
Amazon.com, Inc.AMZN4.33%
Meta Platforms, Inc.META3.76%
Tesla, Inc.TSLA3.58%
Eli Lilly and CompanyLLY2.94%
Alphabet Inc.GOOG2.92%

VOOG Top Holdings

NameWeight
NVIDIA CorporationNVDA14.15%
Microsoft CorporationMSFT9.59%
Apple Inc.AAPL6.41%
Broadcom Inc.AVGO4.96%
Alphabet Inc.GOOG4.76%
Meta Platforms, Inc.META4.64%
Amazon.com, Inc.AMZN3.56%
Berkshire Hathaway Inc.BRK.B3.04%
Eli Lilly and CompanyLLY2.74%

Which One Should You Choose?

Choose VOOG if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Either works if...

you just need broad us large cap growth exposure. Both are solid options — pick whichever your brokerage offers commission-free.

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