VOO vs VOOG
Vanguard S&P 500 ETF vs Vanguard S&P 500 Growth Index Fund ETF Shares
Last updated: 2026-04-08
Vanguard S&P 500 ETF (VOO) is an exchange-traded fund that provides exposure to large-cap U.S. equities across growth and value styles. It charges a very low expense ratio of 0.03%. The fund offers a moderate dividend yield of 1.15%. Launched in 2010, the fund has a 16-year track record.
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.
Quick Verdict
VOO has a slightly lower expense ratio (0.03% vs 0.07%), saving about $80 per $10,000 over 10 years. Over the past year, VOOG has significantly outperformed with a 43.7% return vs 35.9%. Income investors may prefer VOO for its higher yield (1.1% vs 0.5%).
Key Metrics
Performance Chart
Indexed to 100 at start (5-year comparison)
Performance Comparison
Fee Impact Over Time
Estimated fee cost difference assuming 8% annual returns
Risk Metrics
Based on 5 years of daily returns
Dividend Comparison
Top Holdings
8 of top 9 holdings overlap (89% overlap in top holdings)
VOO Top Holdings
| Name | Weight |
|---|---|
| NVIDIA CorporationNVDA | 7.31% |
| Apple Inc.AAPL | 6.63% |
| Microsoft CorporationMSFT | 4.96% |
| Amazon.com, Inc.AMZN | 3.47% |
| Broadcom Inc.AVGO | 2.56% |
| Alphabet Inc.GOOG | 2.46% |
| Meta Platforms, Inc.META | 2.40% |
| Tesla, Inc.TSLA | 1.92% |
| Berkshire Hathaway Inc.BRK.B | 1.57% |
VOOG Top Holdings
| Name | Weight |
|---|---|
| NVIDIA CorporationNVDA | 14.15% |
| Microsoft CorporationMSFT | 9.59% |
| Apple Inc.AAPL | 6.41% |
| Broadcom Inc.AVGO | 4.96% |
| Alphabet Inc.GOOG | 4.76% |
| Meta Platforms, Inc.META | 4.64% |
| Amazon.com, Inc.AMZN | 3.56% |
| Berkshire Hathaway Inc.BRK.B | 3.04% |
| Eli Lilly and CompanyLLY | 2.74% |
Which One Should You Choose?
Choose VOO if...
you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.
Choose VOOG if...
recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.
Choose VOO if...
you prioritize dividend income and want higher regular distributions from your portfolio.