AQLG vs VV: Grades, Fees and Holdings Compared

HCM Large Cap Growth ETF

AQLGDNasdaq

Vanguard Morningstar Large-Cap ETF

VVANYSE Arca

Overlap

40.7%by weight

Expense ratio

VV −0.62pt a year

AQLG0.65%VV0.03%

Avg volume · 30D

VV 2087.1×the volume

AQLG107VV223K

AQLG vs VV Performance

Jul 31, 2026 – Nov 2, 2026

−1.1%AQLG+1.0%VV

Expense ratio: AQLG 0.65%; VV 0.03%, better
Fund size: AQLG $76M; VV $76B
1Y total return: AQLG No data; VV +10.9%
Yield (12M): AQLG No data; VV 1.04%
Holdings: AQLG 130; VV 433
Avg volume (30D): AQLG 107 sh; VV 223K sh, better
NAV per share: AQLG $25.97; VV $348.06
52W range

ETF.net Grade

Pillar letters and Scores for AQLG, VV, with each pillar’s weight
Pillar	AQLG	VV
Cost30% weight	F14	A91Higher
Mission25% weight	Not scored	A99
Risk15% weight	A80Higher	B55
Tradability15% weight	F21	B57Higher
Holdings10% weight	B61Higher	C51
Durability5% weight	F15	A93Higher

Rank among US Large-Cap funds

How we build Categories ›

Same Category. AQLG and VV are both graded against the same 29 US Large-Cap funds, so their Grades compare head to head.

US Large-Cap⁠

Category · 29 funds

See all 29 ›

VV ranks 4th and AQLG 26th of 29 funds in the US Large-Cap Category.

Rank 1ASCHXSchwab U.S. Large-Cap ETFScore 84
Rank 2ABKLCBNY Mellon US Large Cap Core Equity ETFScore 82
Rank 3AEPSWisdomTree U.S. LargeCap FundScore 80
Rank 4AVVVanguard Morningstar Large-Cap ETFScore 78
Rank 5AIWBiShares Russell 1000 ETFScore 77
Rank 24DSGLCSGI U.S. Large Cap Core ETFScore 36
Rank 26DAQLGHCM Large Cap Growth ETFScore 35
Rank 27DJLCOJohn Hancock Large Cap Opportunities ETFScore 31

Our read on each fund

ETF.net Research

AQLGDHCM Large Cap Growth ETF

VVAVanguard Morningstar Large-Cap ETF

In short

AQLG A young, actively run large-cap growth fund that can hold stocks or other ETFs, with an objective written around appreciation rather than tracking an index. You are paying 0.65% a year for a manager's judgment in the aisle where index plumbing costs pennies.

VV Vanguard's rules-based read on large cap: own whatever sits in the top 85% of the US market, about 500 names, for 0.03% a year. Running since 2004.

Stated mandate

AQLG The Fund seeks long-term capital appreciation by investing its net assets in equity securities or ETFs of large-capitalization companies.

VV The fund seeks to track the CRSP US Large Cap Index through a passive, full-replication strategy focused predominantly on large U.S. companies diversified across growth and value styles.

Why people hold it

AQLG Simple mandate: long-term capital appreciation from large-cap companies, owned either as individual stocks or as ETFs. No leverage or options machinery in the objective.
That stock-or-ETF flexibility lets the manager shift large-cap exposure in blocks instead of working through dozens of single names.
The objective is framed as capital appreciation, not index replication, so what you own reflects the manager's growth calls rather than a benchmark's recipe.

VV Charges 0.03% a year against a 0.14% median for its large-cap peer group. Among the cohort's top names, only SCHX matches that fee.
Full replication: it buys every stock in the index at roughly index weight, and it has tracked that benchmark very closely.vanguard.com
The ETF share class of a Vanguard index fund launched in 2004, now a multi-billion-dollar strategy with mutual fund siblings alongside it.vanguard.com
Cost, tracking and staying power put it in the top tier of a crowded 24-fund large-cap cohort.

Worth knowing

AQLG The fee is 0.65% a year against a 0.20% median for its large-cap peer group, and index options like SCHX (0.03%) or BKLC (0.00%) charge a rounding error.
It is a small, thinly traded fund, so the gap between buy and sell prices can be wide and shows up in the price you actually get.
Launched in 2026, it has no full market cycle behind it, and the mandate points at growth in share price rather than income.

VV Market-cap weighted, so the biggest US companies (and their sector tilts) carry most of the weight.vanguard.com
The index stops at the top 85% of US investable market cap: mid- and small-cap names sit outside it.vanguard.com
After Morningstar acquired CRSP, the benchmark and the fund name picked up the Morningstar label. Same index, same fund.vanguard.com vanguard.com 2

Full AQLG profile⁠

Full VV profile⁠

AQLG vs VV Holdings

How AQLG and VV differ

Overlap by weight

40.7%

Shared holdings make up 70.7% of AQLG and 64.7% of VV.

Level by level

Holdings88 in both40.7%
Countryby domicile99.4%
Asset classEquity100%

Sector

No Sector split for AQLG.

Country, concentration and asset class

Country by domicile

Country weights in AQLG and VV, widest gap first
Country	More in AQLGMore in VV	AQLG	VV
United States	VV +0.6 points	99.4%	100.0%
Other countries (11)	AQLG +0.6 points	0.6%	0.0%

Concentration

Weight in the 10 largest Holdings

AQLG34.6%
VV39.4%

Securities held

AQLG129
VV431

Asset class

AQLG: Equity
VV: Equity

Holdings

Only in AQLG41
In both88
Only in VV343

Only in AQLG

41 securities, 28.7% of AQLG by weight

iShares Core S&P 500 ETF3.68%
First Horizon Corp3.10%
Plains All American Pipeline LP2.48%
Renasant Corp2.02%
Energy Transfer LP1.83%
Enterprise Products Partners LP1.71%
Mplx Lp1.26%
State Street SPDR S&P 500 ETF Trust1.23%
Qualys Inc1.22%
RTX Corp1.14%
Murphy USA Inc0.87%
United Bankshares Inc/WV0.75%
White Mountains Insurance Group Ltd0.71%
Home BancShares Inc/AR0.62%
Heritage Financial Corp/WA0.54%
Matthews International Corp0.51%
Invesco QQQ Trust Series 10.47%
Lyft Inc0.45%
Safehold Inc0.42%
Everpure Inc0.42%
Canadian Imperial Bank of Commerce0.42%
iShares Russell Mid-Cap ETF0.37%
iShares MSCI ACWI ETF0.34%
Brunswick Corp/DE0.29%
Walker & Dunlop Inc0.29%
Lumen Technologies Inc0.23%
Vanguard Morningstar Small-Cap Value ETF0.20%
Dave & Buster's Entertainment Inc0.18%
iShares Future AI & Tech ETF0.18%
American Airlines Group Inc0.17%
Western Alliance Bancorp0.14%
Intuitive Surgical Inc0.14%
Coupang Inc0.10%
Okta Inc0.08%
EMCOR Group Inc0.03%
MACOM Technology Solutions Holdings Inc0.02%
Roku Inc0.02%
FTAI Aviation Ltd0.02%
MasTec Inc0.02%
Neurocrine Biosciences Inc0.02%
Kyndryl Holdings Inc0.01%

Only in VV

343 securities, 35.2% of VV by weight

Tesla Inc1.55%
ExxonMobil Holdings Corp1.05%
Johnson & Johnson0.99%
Intel Corp0.84%
Chevron Corp0.59%
Cisco Systems Inc0.59%
Procter & Gamble Co/The0.52%
Coca-Cola Co/The0.52%
UnitedHealth Group Inc0.51%
Sandisk Corp0.39%
RTX Corp0.39%
Amgen Inc0.35%
Linde PLC0.34%
QUALCOMM Inc0.30%
Analog Devices Inc0.30%
Verizon Communications Inc0.30%
Gilead Sciences Inc0.29%
Walt Disney Co/The0.28%
Deere & Co0.27%
AT&T Inc0.26%
Welltower Inc0.26%
McDonald's Corp0.25%
Charles Schwab Corp/The0.25%
NextEra Energy Inc0.24%
Dell Technologies Inc0.24%
Western Digital Corp0.24%
American Express Co0.24%
Blackrock Inc0.23%
TJX Cos Inc/The0.23%
Intuitive Surgical Inc0.22%
Danaher Corp0.22%
Vertex Pharmaceuticals Inc0.21%
Prologis Inc0.19%
Booking Holdings Inc0.19%
Newmont Corp0.19%
Progressive Corp/The0.19%
Parker-Hannifin Corp0.19%
Corning Inc0.18%
Capital One Financial Corp0.18%
Lockheed Martin Corp0.18%
S&P Global Inc0.18%
Chubb Ltd0.17%
Altria Group Inc0.17%
Accenture PLC0.17%
Snowflake Inc0.17%
Valero Energy Corp0.17%
Fortinet Inc0.17%
Marathon Petroleum Corp0.17%
Medtronic PLC0.17%
CVS Health Corp0.17%

Weight gaps

All 88 Holdings in both funds, largest gap first.

Holding weights in AQLG and VV, widest gap first
Holding	More in AQLGMore in VV	AQLG	VV
NVIDIA CorpNVDA	VV +5.36 points	2.74%	8.10%
Kinder Morgan IncKMI	AQLG +3.36 points	3.45%	0.09%
Microsoft CorpMSFT	VV +2.83 points	3.07%	5.90%
Citigroup IncC	AQLG +2.81 points	3.14%	0.33%
AutoZone IncAZO	AQLG +2.48 points	2.55%	0.07%
Crowdstrike Holdings IncCRWD	AQLG +2.37 points	2.77%	0.40%
AbbVie IncABBV	AQLG +2.32 points	3.04%	0.72%
Bank of America CorpBAC	AQLG +2.04 points	2.60%	0.56%
Apple IncAAPL	VV +1.92 points	5.61%	7.53%
Meta Platforms IncMETA	VV +1.57 points	0.91%	2.48%
Advanced Micro Devices IncAMD	VV +1.48 points	0.07%	1.55%
Bank of New York Mellon Corp/TheBNY	AQLG +1.35 points	1.50%	0.15%
Eli Lilly & CoLLY	VV +1.33 points	0.19%	1.52%
Amazon.com IncAMZN	VV +1.10 points	2.65%	3.75%
Alphabet IncGOOG	VV +1.06 points	1.42%	2.48%
Pfizer IncPFE	AQLG +0.99 points	1.24%	0.25%
Bristol-Myers Squibb CoBMY	AQLG +0.93 points	1.13%	0.20%
Arthur J Gallagher & CoAJG	AQLG +0.82 points	0.91%	0.09%
Alphabet IncGOOGL	AQLG +0.77 points	3.90%	3.13%
FedEx CorpFDX	AQLG +0.69 points	0.78%	0.09%
Mondelez International IncMDLZ	AQLG +0.65 points	0.76%	0.11%
JPMorgan Chase & Co.JPM	AQLG +0.63 points	1.99%	1.36%
Goldman Sachs Group Inc/TheGS	AQLG +0.63 points	1.01%	0.38%
Berkshire Hathaway IncBRK.B	VV +0.61 points	0.74%	1.35%
ONEOK IncOKE	AQLG +0.60 points	0.68%	0.08%
Applied Materials IncAMAT	VV +0.60 points	0.03%	0.63%
Lam Research CorpLRCX	VV +0.58 points	0.06%	0.64%
US BancorpUSB	AQLG +0.54 points	0.68%	0.14%
O'Reilly Automotive IncORLY	AQLG +0.50 points	0.61%	0.11%
Wells Fargo & CoWFC	AQLG +0.49 points	0.87%	0.38%
Aon PLCAON	AQLG +0.49 points	0.58%	0.09%
Walmart IncWMT	VV +0.48 points	0.23%	0.70%
Ge AerospaceGE	VV +0.46 points	0.04%	0.50%
Thermo Fisher Scientific IncTMO	AQLG +0.45 points	0.84%	0.39%
Home Depot Inc/TheHD	VV +0.43 points	0.01%	0.44%
Lowe's Cos IncLOW	AQLG +0.42 points	0.58%	0.16%
Cloudflare IncNET	AQLG +0.41 points	0.58%	0.17%
Caterpillar IncCAT	VV +0.37 points	0.21%	0.58%
Netflix IncNFLX	VV +0.37 points	0.08%	0.45%
Texas Instruments IncTXN	VV +0.36 points	0.04%	0.40%
Kla CorpKLAC	VV +0.35 points	0.04%	0.39%
Carrier Global CorpCARR	AQLG +0.35 points	0.42%	0.07%
Uber Technologies IncUBER	AQLG +0.34 points	0.55%	0.21%
Marvell Technology IncMRVL	VV +0.34 points	0.02%	0.36%
Visa IncV	AQLG +0.32 points	1.20%	0.88%
Micron Technology IncMU	AQLG +0.32 points	2.18%	1.86%
GE Vernova IncGEV	VV +0.30 points	0.09%	0.39%
Oracle CorpORCL	VV +0.27 points	0.10%	0.37%
Broadcom IncAVGO	AQLG +0.25 points	2.84%	2.59%
Williams Cos Inc/TheWMB	AQLG +0.24 points	0.37%	0.13%
Marriott International Inc/MDMAR	AQLG +0.23 points	0.35%	0.12%
Palo Alto Networks IncPANW	AQLG +0.23 points	0.73%	0.50%
PepsiCo IncPEP	VV +0.23 points	0.04%	0.27%
Delta Air Lines IncDAL	AQLG +0.21 points	0.29%	0.08%
Amphenol CorpAPH	VV +0.21 points	0.11%	0.32%
Arista Networks IncANET	AQLG +0.16 points	0.50%	0.34%
Salesforce IncCRM	VV +0.15 points	0.13%	0.28%
Morgan StanleyMS	VV +0.14 points	0.20%	0.34%
Vertiv Holdings CoVRT	VV +0.12 points	0.02%	0.14%
Adobe IncADBE	VV +0.13 points	0.02%	0.15%
Datadog IncDDOG	VV +0.12 points	0.02%	0.14%
Palantir Technologies IncPLTR	VV +0.10 points	0.53%	0.63%
Cigna Group/TheCI	VV +0.09 points	0.02%	0.11%
ServiceNow IncNOW	AQLG +0.10 points	0.31%	0.21%
Philip Morris International IncPM	VV +0.08 points	0.38%	0.46%
Union Pacific CorpUNP	VV +0.08 points	0.17%	0.25%
Boeing Co/TheBA	VV +0.07 points	0.16%	0.23%
Comfort Systems USA IncFIX	VV +0.07 points	0.02%	0.09%
Royal Caribbean Cruises LtdRCL	AQLG +0.06 points	0.17%	0.10%
Lumentum Holdings IncLITE	VV +0.07 points	0.07%	0.14%
Motorola Solutions IncMSI	AQLG +0.07 points	0.18%	0.11%
Ulta Beauty IncULTA	AQLG +0.05 points	0.09%	0.04%
Costco Wholesale CorpCOST	AQLG +0.05 points	0.68%	0.63%
Starbucks CorpSBUX	AQLG +0.04 points	0.21%	0.17%
Astera Labs IncALAB	AQLG +0.04 points	0.13%	0.09%
Paychex IncPAYX	VV +0.04 points	0.01%	0.05%
Take-Two Interactive Software IncTTWO	VV +0.03 points	0.03%	0.06%
Abbott LaboratoriesABT	AQLG +0.03 points	0.30%	0.27%
AppLovin CorpAPP	VV +0.03 points	0.10%	0.13%
Public StoragePSA	AQLG +0.03 points	0.10%	0.07%
Mastercard IncMA	VV +0.03 points	0.64%	0.67%
Zoetis IncZTS	AQLG +0.03 points	0.07%	0.04%
ConocoPhillipsCOP	AQLG +0.03 points	0.26%	0.23%
Atlassian CorpTEAM	AQLG +0.03 points	0.07%	0.04%
International Business Machines CorpIBM	AQLG +0.02 points	0.34%	0.32%
Seagate Technology Holdings PLCSTX	AQLG +0.02 points	0.34%	0.32%
Merck & Co IncMRK	AQLG +0.01 points	0.57%	0.56%
Eaton Corp PLCETN	VV +0.01 points	0.25%	0.26%

All AQLG holdings⁠All 479 VV holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AQLG vs VV Cost

Overpaying AQLG vs VV

$12,079

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

AQLG 0.65%
$12,717
VV 0.03%
$638

Amount$10,000

Years30 years

Cost over time

AQLG 0.65%
VV 0.03%
Overpaying

Year by year

Year	AQLG	VV	Overpaying
10	$1,163	$55	$1,108
20	$4,440	$216	$4,224
30	$12,717	$638	$12,079

Expense ratio

0.65%AQLG
0.03%VV, cheaper

VV0.03%AQLG0.65%

0.00%1.25%

Middle half of US Large-Cap funds
Median 0.20%

VV 3rd cheapest of 29 funds

AQLG 25th cheapest of 29 funds

AQLG vs VV Dividends

Last 12 months to Nov 2, 2026

Yield (12M): AQLG No data; VV 1.04%
Payout (12M): AQLG None; VV $3.60
Last payment: AQLG No data; VV $0.90
Ex-dividend: AQLG No data; VV Sep 28, 2026
Paid on: AQLG No data; VV Sep 30, 2026
Frequency: AQLG No data; VV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

AQLGAll AQLG payments⁠

No distribution history available.

VVQuarterly · 39 paymentsAll VV payments⁠

AQLG vs VV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: AQLG No dataVV 12.5%
Return per unit of riskSharpe ratio, 3 years: AQLG No dataVV 1.41
Worst fallMax drawdown, 5 years: AQLG No dataVV −25.7%
Market sensitivityBeta, 5 years: AQLG 0.58VV 1.02; Market = 1

AQLG and VV in the news

All news⁠

Head-to-Head
IVW vs. VV: iShares’ growth ETF holds almost nothing Vanguard’s doesn’t, at six times the fee
Oct 28, 2026VV
Category Review
Broad U.S. large-cap funds kept pace with the S&P 500 this year. The top 50 did not.
Updated Oct 16, 2026VV

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