ETF Versus

VOOG vs VUG

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

Last updated: 2026-04-08

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
VUG

Vanguard Growth Index Fund ETF Shares (VUG) is an exchange-traded fund that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a very low expense ratio of 0.03%. The fund offers a modest dividend yield of 0.43%. Launched in 2004, the fund has a 22-year track record.

AUM: $187.5B ER: 0.03% Yield: 0.43% Since: Jan 26, 2004

Quick Verdict

VUG has a slightly lower expense ratio (0.03% vs 0.07%), saving about $80 per $10,000 over 10 years. VOOG has edged ahead over the past year (43.7% vs 38.9%).

Key Metrics

Metric VOOG VUG
Expense Ratio 0.07% 0.03%
Dividend Yield 0.5% 0.4%
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)

75 98 121 144 167 190 2021-04 2022-07 2023-10 2025-01 2026-04
VOOG +74.8%
VUG +69.5%

Performance Comparison

Period VOOG VUG Difference
1 Month -0.49% -1.36% +0.87%
3 Months -3.63% -6.22% +2.59%
6 Months +0.70% -2.69% +3.39%
YTD -3.34% -5.85% +2.51%
1 Year +43.74% +38.93% +4.81%
3 Years +86.02% +85.26% +0.76%
5 Years +73.20% +68.21% +4.99%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period VOOG Fees VUG Fees You Save
$10,000 10 years $140 $60 $80
$10,000 20 years $600 $258 $342
$10,000 30 years $1,938 $835 $1,103
$50,000 10 years $698 $299 $398
$50,000 30 years $9,692 $4,176 $5,516
$100,000 30 years $19,383 $8,352 $11,032

Risk Metrics

Based on 5 years of daily returns

Metric VOOG VUG
Annualized Volatility 21.2% 22.2%
Max Drawdown -33.1% -36.0%
Sharpe Ratio 0.42 0.38

Dividend Comparison

Metric VOOG VUG
Annual Dividend (per share) $2.21 $1.99
Dividend Yield 0.51% 0.43%
Distribution Frequency Quarterly Quarterly

Top Holdings

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

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%

VUG Top Holdings

NameWeight
NVIDIA CorporationNVDA12.82%
Apple Inc.AAPL12.23%
Microsoft CorporationMSFT9.15%
Alphabet Inc.GOOG4.49%
Meta Platforms, Inc.META4.44%
Amazon.com, Inc.AMZN4.41%
Broadcom Inc.AVGO3.95%
Tesla, Inc.TSLA3.58%
Eli Lilly and CompanyLLY2.82%

Which One Should You Choose?

Choose VUG 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.

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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