VOOG vs VUG: Grades, Fees and Holdings Compared

Vanguard S&P 500 Growth ETF

VOOGBNYSE Arca

Vanguard Morningstar Growth ETF

VUGANYSE Arca

Overlap

77.7%by weight

Expense ratio

VUG −0.04pt a year

VOOG0.07%VUG0.03%

Avg volume · 30D

VUG 5.1×the volume

VOOG1.24MVUG6.32M

10Y return · a year

VUG +0.2pt

VOOG+17.9%VUG+18.1%

VOOG vs VUG Performance

Oct 28, 2021 – Oct 28, 2026

+81.2%VOOG+75.1%VUG

Expense ratio: VOOG 0.07%; VUG 0.03%, better
Fund size: VOOG $27.9B; VUG $392B
1Y total return: VOOG +12.1%, better; VUG +6.6%
Yield (12M): VOOG 0.46%, better; VUG 0.39%
Holdings: VOOG 158; VUG 136
Avg volume (30D): VOOG 1.24M sh; VUG 6.32M sh, better
NAV per share: VOOG $83.70; VUG $88.44
52W range

ETF.net Grade

Pillar letters and Scores for VOOG, VUG, with each pillar’s weight
Pillar	VOOG	VUG
Cost30% weight	B65	A96Higher
Mission25% weight	A98	A99Higher
Risk15% weight	B55Higher	C50
Tradability15% weight	C45	B65Higher
Holdings10% weight	D36Higher	D29
Durability5% weight	A81	A91Higher

Rank among US Growth Index funds

How we build Categories ›

Same Category. VOOG and VUG are both graded against the same 35 US Growth Index funds, so their Grades compare head to head.

US Growth Index⁠

Category · 35 funds

See all 35 ›

VUG ranks 2nd and VOOG 13th of 35 funds in the US Growth Index Category.

Rank 1ASPYGState Street SPDR Portfolio S&P 500 Growth ETFScore 83
Rank 2AIMCGiShares Morningstar Mid-Cap Growth ETFScore 78
Rank 2ASCHGSchwab U.S. Large-Cap Growth ETFScore 78
Rank 2AVUGVanguard Morningstar Growth ETFScore 78
Rank 5AILCGiShares Morningstar Growth ETFScore 77
Rank 13BIVWiShares S&P 500 Growth ETFScore 66
Rank 13BVOOGVanguard S&P 500 Growth ETFScore 66
Rank 13BVTWGVanguard Russell 2000 Growth ETFScore 66

Our read on each fund

ETF.net Research

VOOGBVanguard S&P 500 Growth ETF

VUGAVanguard Morningstar Growth ETF

In short

VOOG VOOG owns the growth half of the S&P 500: the same large caps you already know, re-sorted by sales growth, earnings-change-to-price and momentum. A style tilt built inside a familiar index, priced near the bottom of the growth shelf.

VUG Three basis points buys roughly 170 US large-cap growth names. Running since 2004, over $100 billion in assets, and it tracks its index about as closely as an index fund can.

Stated mandate

VOOG The fund aims to track the investment returns of large-cap growth stocks in the United States by following the S&P 500 Growth Index.

VUG The fund seeks to track a benchmark index measuring the investment return of large-capitalization growth stocks.

Why people hold it

VOOG Costs 0.07% a year versus a 0.18% median for US growth funds. On a plain index slice, that gap is most of the argument.
Every holding is already an S&P 500 member, ranked on three growth factors: sales growth, earnings change to price, and momentum. A slice of a known index, not a new universe.spglobal.com vanguard.com
Straight index tracking, no active discretion, and one of the stronger implementations in its growth peer group. Vanguard has run it since 2010.vanguard.com
A multi-billion-dollar, actively traded fund that pays quarterly, so getting in and out is rarely the hard part.

VUG 0.03% a year against a 0.18% median for its growth peer group. A rival tracking the same declared index charges 0.36%, twelve times more for the same shopping list.vanguard.com
One of the largest and most heavily traded funds in US large-cap growth, and among the tightest index implementations in that group. Deep volume tends to mean thin spreads.
Trading since January 2004, so the record spans full market cycles rather than a backtest. Distributions land quarterly.

Worth knowing

VOOG SPYG tracks the same S&P 500 Growth Index for a lower fee. Identical index, different sticker.
Not pure growth. S&P splits part of the parent index across both its growth and value benchmarks, so some names show up in both.spglobal.com
About 210 names, weighted by market cap, so the largest positions drive most of the movement.spglobal.com

VUG Cap-weighted, so the biggest mega-caps dominate the top of the book. That makes it one of the more concentrated portfolios in this cohort.vanguard.com
A style sleeve, not the whole market: growth screens only, large caps only. When growth is out of favor it can swing harder than a total-market fund.
SPYG and SCHG sit at 0.04%, so the price edge is a rounding error. The real gap is how each index defines a growth stock.

Full VOOG profile⁠

Full VUG profile⁠

VOOG vs VUG Holdings

Holdings as of Oct 27, 2026

How VOOG and VUG differ

Overlap by weight

77.7%

Shared holdings make up 90.5% of VUG and 81.0% of VOOG.

Level by level

Holdings85 in both77.7%
Sector11 Sectors91.4%
Asset classEquity100%
Countryby domicile100%

Sector

Sector weights in VOOG and VUG, widest gap first
Sector	More in VOOGMore in VUG	VOOG	VUG
Technology	VUG +5.7 points	54.5%	60.2%
Financials	VOOG +4.5 points	8.4%	3.9%
Health Care	VOOG +1.9 points	6.1%	4.2%
Consumer Discretionary	VUG +2.0 points	7.8%	9.8%
Industrials	VOOG +1.1 points	5.5%	4.4%
Communication	VOOG +0.8 points	15.5%	14.7%
Utilities	VOOG +0.3 points	0.3%	0.0%
Energy	VUG +0.3 points	0.0%	0.3%
Real Estate	VUG +0.3 points	0.6%	0.9%
Consumer Staples	VUG +0.3 points	1.0%	1.3%
Materials	VUG +0.1 points	0.3%	0.4%

Country, concentration and asset class

Country by domicile

Country weights in VOOG and VUG, widest gap first
Country	More in VOOGMore in VUG	VOOG	VUG
United States	Same weight	100.0%	100.0%

Concentration

Weight in the 10 largest Holdings

VOOG60.2%
VUG63.1%

Securities held

VOOG153
VUG135

Asset class

VOOG: Equity
VUG: Equity

Holdings

Only in VOOG68
In both85
Only in VUG50

Only in VOOG

68 securities, 19.0% of VOOG by weight

Micron Technology Inc3.27%
Berkshire Hathaway Inc2.52%
JPMorgan Chase & Co1.62%
Johnson & Johnson1.02%
Caterpillar Inc1.01%
RTX Corp0.68%
Cisco Systems Inc0.61%
AbbVie Inc0.58%
Philip Morris International Inc0.45%
Goldman Sachs Group Inc/The0.43%
Amgen Inc0.42%
Coca-Cola Co/The0.38%
Uber Technologies Inc0.38%
Morgan Stanley0.37%
Newmont Corp0.33%
American Express Co0.30%
International Business Machines Corp0.29%
Gilead Sciences Inc0.27%
Progressive Corp/The0.18%
Parker-Hannifin Corp0.18%
HCA Healthcare Inc0.17%
Bank of New York Mellon Corp/The0.17%
Johnson Controls International plc0.16%
Constellation Energy Corp0.15%
CME Group Inc0.14%
Trane Technologies PLC0.14%
S&P Global Inc0.14%
Cummins Inc0.13%
General Dynamics Corp0.12%
Vistra Corp0.12%
Everpure Inc0.12%
Boston Scientific Corp0.12%
Intuit Inc0.11%
TE Connectivity PLC0.11%
Stryker Corp0.11%
Ross Stores Inc0.10%
United Rentals Inc0.09%
KKR & Co Inc0.09%
EMCOR Group Inc0.09%
eBay Inc0.09%
Carnival Corp Ltd0.08%
Expedia Group Inc0.08%
Apollo Global Management Inc0.08%
Simon Property Group Inc0.07%
Rockwell Automation Inc0.07%
Ulta Beauty Inc0.06%
Tapestry Inc0.06%
Edwards Lifesciences Corp0.06%
Casey's General Stores Inc0.06%
Illumina Inc0.06%

Only in VUG

50 securities, 9.6% of VUG by weight

Intel Corp1.45%
Costco Wholesale Corp1.09%
Western Digital Corp0.44%
Vertex Pharmaceuticals Inc0.37%
Texas Instruments Inc0.36%
Cloudflare Inc0.33%
Snowflake Inc0.32%
Starbucks Corp0.30%
Equinix Inc0.29%
Space Exploration Technologies Corp0.26%
Synopsys Inc0.25%
Dell Technologies Inc0.23%
Motorola Solutions Inc0.22%
Ecolab Inc0.21%
Cintas Corp0.20%
Targa Resources Corp0.18%
Astera Labs Inc0.18%
Fastenal Co0.18%
WW Grainger Inc0.17%
Rocket Lab Corp0.14%
Blackstone Inc0.13%
Coinbase Global Inc0.13%
Chipotle Mexican Grill Inc0.13%
Block Inc0.13%
Waste Connections Inc0.13%
CoreWeave Inc0.11%
Alnylam Pharmaceuticals Inc0.11%
Old Dominion Freight Line Inc0.11%
Vulcan Materials Co0.11%
Atlassian Corp0.10%
West Pharmaceutical Services Inc0.10%
ROBLOX Corp0.10%
MongoDB Inc0.09%
Ares Management Corp0.09%
Super Micro Computer Inc0.09%
Zscaler Inc0.09%
LPL Financial Holdings Inc0.09%
Waters Corp0.08%
Martin Marietta Materials Inc0.06%
HEICO Corp0.06%
Insmed Inc0.06%
Tradeweb Markets Inc0.05%
Texas Pacific Land Corp0.05%
AST SpaceMobile Inc0.05%
SBA Communications Corp0.04%
HEICO Corp0.04%
SLBBH11420.04%
Cerebras Systems Inc0.04%
Symbotic Inc0.03%
Venture Global Inc0.03%

Weight gaps

All 85 Holdings in both funds, largest gap first.

Holding weights in VOOG and VUG, widest gap first
Holding	More in VOOGMore in VUG	VOOG	VUG
Apple IncAAPL	VUG +5.91 points	6.60%	12.51%
NVIDIA CorpNVDA	VOOG +1.51 points	15.00%	13.49%
Tesla IncTSLA	VUG +0.97 points	1.68%	2.65%
Amazon.com IncAMZN	VUG +0.74 points	3.52%	4.26%
Visa IncV	VUG +0.68 points	0.91%	1.59%
Microsoft CorpMSFT	VOOG +0.59 points	10.34%	9.75%
Palo Alto Networks IncPANW	VUG +0.39 points	0.49%	0.88%
Mastercard IncMA	VUG +0.35 points	0.81%	1.16%
Marvell Technology IncMRVL	VUG +0.34 points	0.30%	0.64%
Alphabet IncGOOGL	VOOG +0.32 points	5.48%	5.16%
Oracle CorpORCL	VUG +0.31 points	0.34%	0.65%
Alphabet IncGOOG	VOOG +0.30 points	4.39%	4.09%
Boeing Co/TheBA	VUG +0.23 points	0.18%	0.41%
Seagate Technology Holdings PLCSTX	VUG +0.22 points	0.36%	0.58%
Broadcom IncAVGO	VOOG +0.20 points	4.54%	4.34%
TJX Cos Inc/TheTJX	VUG +0.19 points	0.22%	0.41%
ServiceNow IncNOW	VUG +0.16 points	0.23%	0.39%
Fortinet IncFTNT	VUG +0.13 points	0.19%	0.32%
Airbnb IncABNB	VUG +0.11 points	0.09%	0.20%
Cadence Design Systems IncCDNS	VUG +0.11 points	0.16%	0.27%
Moody's CorpMCO	VUG +0.11 points	0.09%	0.20%
Corning IncGLW	VUG +0.11 points	0.23%	0.34%
Meta Platforms IncMETA	VOOG +0.11 points	4.34%	4.23%
Teradyne IncTER	VUG +0.09 points	0.10%	0.19%
Eli Lilly & CoLLY	VUG +0.09 points	2.51%	2.60%
Workday IncWDAY	VUG +0.07 points	0.05%	0.12%
Take-Two Interactive Software IncTTWO	VUG +0.08 points	0.05%	0.13%
Carvana CoCVNA	VUG +0.07 points	0.06%	0.13%
Yum! Brands IncYUM	VUG +0.07 points	0.05%	0.12%
Autodesk IncADSK	VUG +0.07 points	0.07%	0.14%
Mettler-Toledo International IncMTD	VUG +0.07 points	0.04%	0.11%
Dexcom IncDXCM	VUG +0.06 points	0.05%	0.11%
Palantir Technologies IncPLTR	VOOG +0.07 points	1.17%	1.10%
Royal Caribbean Cruises LtdRCL	VOOG +0.06 points	0.18%	0.12%
AutoZone IncAZO	VUG +0.07 points	0.08%	0.15%
Veeva Systems IncVEEV	VUG +0.07 points	0.07%	0.14%
MSCI IncMSCI	VUG +0.06 points	0.06%	0.12%
Live Nation Entertainment IncLYV	VUG +0.06 points	0.04%	0.10%
Advanced Micro Devices IncAMD	VOOG +0.05 points	2.71%	2.66%
Verisk Analytics IncVRSK	VUG +0.05 points	0.03%	0.08%
Axon Enterprise IncAXON	VUG +0.05 points	0.06%	0.11%
McDonald's CorpMCD	VUG +0.04 points	0.20%	0.24%
Reddit IncRDDT	VUG +0.04 points	0.04%	0.08%
Interactive Brokers Group IncIBKR	VOOG +0.04 points	0.11%	0.07%
Fair Isaac CorpFICO	VUG +0.03 points	0.02%	0.05%
Flex LtdFLEX	VOOG +0.03 points	0.11%	0.08%
AppLovin CorpAPP	VUG +0.03 points	0.21%	0.24%
Datadog IncDDOG	VUG +0.02 points	0.25%	0.27%
Lumentum Holdings IncLITE	VUG +0.03 points	0.23%	0.26%
Ciena CorpCIEN	VUG +0.02 points	0.14%	0.16%
VeriSign IncVRSN	VUG +0.03 points	0.06%	0.09%
Crowdstrike Holdings IncCRWD	VOOG +0.02 points	0.73%	0.71%
DoorDash IncDASH	VUG +0.02 points	0.19%	0.21%
Arista Networks IncANET	VUG +0.02 points	0.58%	0.60%
Comfort Systems USA IncFIX	VUG +0.02 points	0.16%	0.18%
IDEXX Laboratories IncIDXX	VUG +0.02 points	0.11%	0.13%
Coherent CorpCOHR	VUG +0.02 points	0.15%	0.17%
Las Vegas Sands CorpLVS	VUG +0.02 points	0.03%	0.05%
Hilton Worldwide Holdings IncHLT	VUG +0.02 points	0.19%	0.21%
Ventas IncVTR	VUG +0.02 points	0.06%	0.08%
O'Reilly Automotive IncORLY	VUG +0.02 points	0.19%	0.21%
ResMed IncRMD	VUG +0.02 points	0.05%	0.07%
TransDigm Group IncTDG	VUG +0.02 points	0.16%	0.18%
Quanta Services IncPWR	VUG +0.02 points	0.26%	0.28%
Intuitive Surgical IncISRG	VUG +0.02 points	0.39%	0.41%
Robinhood Markets IncHOOD	VUG +0.02 points	0.24%	0.26%
Marriott International Inc/MDMAR	VUG +0.01 points	0.21%	0.22%
Howmet Aerospace IncHWM	VUG +0.02 points	0.24%	0.26%
Vertiv Holdings CoVRT	VUG +0.02 points	0.25%	0.27%
Monolithic Power Systems IncMPWR	VUG +0.01 points	0.18%	0.19%
Monster Beverage CorpMNST	VUG +0.01 points	0.16%	0.17%
Booking Holdings IncBKNG	VUG +0.01 points	0.33%	0.34%
Welltower IncWELL	VUG +0.01 points	0.45%	0.46%
Bloom Energy CorpBE	VUG +0.01 points	0.22%	0.23%
Rollins IncROL	VUG +0.01 points	0.02%	0.03%
TKO Group Holdings IncTKO	VUG +0.01 points	0.03%	0.04%
Amphenol CorpAPH	VUG +0.01 points	0.56%	0.57%
Lam Research CorpLRCX	VOOG +0.01 points	1.12%	1.11%
General Electric CoGE	VOOG +0.01 points	0.46%	0.45%
Applied Materials IncAMAT	Same weight	1.10%	1.10%
Sandisk CorpSNDK	VUG +0.01 points	0.69%	0.70%
First Solar IncFSLR	Same weight	0.05%	0.05%
KLA CorpKLAC	VUG +0.01 points	0.69%	0.70%
GE Vernova IncGEV	Same weight	0.69%	0.69%
Netflix IncNFLX	VOOG +0.01 points	0.79%	0.78%

All 212 VOOG holdings⁠All 166 VUG 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.

VOOG vs VUG Cost

Overpaying VOOG vs VUG

$842

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

VOOG 0.07%
$1,480
VUG 0.03%
$638

Amount$10,000

Years30 years

Cost over time

VOOG 0.07%
VUG 0.03%
Overpaying

Year by year

Year	VOOG	VUG	Overpaying
10	$128	$55	$73
20	$503	$216	$287
30	$1,480	$638	$842

Expense ratio

0.07%VOOG
0.03%VUG, cheaper

VUG0.03%VOOG0.07%

0.03%0.70%

Middle half of US Growth Index funds
Median 0.18%

VUG cheapest of 35 funds

VOOG 13th cheapest of 35 funds

VOOG vs VUG Dividends

Last 12 months to Oct 28, 2026

Yield (12M): VOOG 0.46%, better; VUG 0.39%
Payout (12M): VOOG $0.39; VUG $0.35
Last payment: VOOG $0.11; VUG $0.09
Ex-dividend: VOOG Sep 23, 2026; VUG Sep 28, 2026
Paid on: VOOG Sep 25, 2026; VUG Sep 30, 2026
Frequency: VOOG Quarterly; VUG Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

VOOGQuarterly · 39 paymentsAll VOOG payments⁠

VUGQuarterly · 39 paymentsAll VUG payments⁠

VOOG vs VUG Risk

Fall from peak · 5 years

VOOG
VUG

Risk facts

VolatilityStd dev, 3 years: VOOG 16.2%, betterVUG 16.9%
Return per unit of riskSharpe ratio, 3 years: VOOG 1.36, betterVUG 1.21
Worst fallMax drawdown, 5 years: VOOG −32.7%, betterVUG −35.6%
Market sensitivityBeta, 5 years: VOOG 1.17VUG 1.27; Market = 1

VOOG and VUG in the news

All news⁠

Best ETFs
The cheap large-cap growth pick is the S&P 500 list
Updated Oct 2, 2026VOOGVUG
Head-to-Head
VOO vs. VOOG: the S&P 500 fund is the better default
Oct 23, 2026VOOG
Head-to-Head
Own iShares Core S&P 500 ETF, IVV, unless you want the heavier growth bet in Vanguard Morningstar Growth ETF, VUG
Oct 16, 2026VUG
Price vs Value
Vanguard showed a 1.94% discount on an energy fund that closed two cents above its value
Oct 4, 2026VOOG
Behind the Index
Oil rose 4.5% and the 10-year yield stood at 5% as two U.S. stocks fell for every one that rose
Sep 15, 2026VUG

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VOOG vs VUG

In short

Stated mandate

Why people hold it