VOO vs VOOG
VOO vs VOOG
Vanguard S&P 500 ETF vs Vanguard S&P 500 Growth ETF
Quick Verdict
VOO has a lower expense ratio. VOOG delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | VOO | VOOG | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.07% | |
| AUM | $979.0B | $26.3B | |
| Dividend Yield | 1.09% | 0.54% | |
| Holdings | 509 | 151 | |
| YTD Return | +13.80% | +15.50% | |
| 1Y Return | +23.71% | +25.35% | |
| 3Y Return (annualized) | +21.50% | +26.93% | |
| 5Y Return (annualized) | +13.44% | +14.15% | |
| Volatility (annualized) | 14.1% | 15.5% | |
| Max Drawdown | -34.3% | -32.7% | |
| Fund Family | Vanguard (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Sep 7, 2010 | Sep 7, 2010 |
VOO vs VOOG Performance
Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US) and Vanguard S&P 500 Growth ETF (VOOG) is a ETF from Vanguard (US). Over the past year VOO returned +23.71% while VOOG returned +25.35%. Year to date, VOO is up 13.80% versus a gain of 15.50% for VOOG.
Over three years, VOO compounded at +21.50% per year against +26.93% for VOOG; over five years the annualized figures are +13.44% and +14.15% respectively. Across the full 16-year window we track, VOOG has the edge at +15.93% annualized vs +13.58%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOOG has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -34.3% for VOO and -32.7% for VOOG. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
VOO charges 0.03% per year while VOOG charges 0.07%. On a $10,000 position that is $3 vs $7 annually, a gap of $4 per year that compounds over a long holding period. On income, VOO currently yields 1.09% against 0.54% for VOOG.
Holdings Overlap
VOO and VOOG share 145 holdings out of 506 unique holdings combined, representing a 62.9% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in VOO | Weight in VOOG | Difference |
|---|---|---|---|
| NVDA | 7.51% | 13.64% | 6.13% |
| AAPL | 6.59% | 5.98% | 0.61% |
| MSFT | 4.30% | 7.80% | 3.50% |
| GOOG | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| AMZN | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| AMD | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
See all 10 holdings VOO shares with VOOG Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, VOO or VOOG?
VOO has an expense ratio of 0.03% while VOOG charges 0.07%. VOO is the cheaper option. On a $10,000 investment, that is $4 per year of difference.
Which performed better, VOO or VOOG?
Over the past year VOO returned +23.71% vs +25.35% for VOOG, so VOOG leads on 1-year performance. Over the longest common window we track (16 years), VOO annualized +13.58% vs +15.93% for VOOG. Past performance does not guarantee future results.
Which is riskier, VOO or VOOG?
VOOG has been the more volatile fund at 15.5% annualized versus 14.1% for VOO. Worst drawdown: VOO -34.3% vs VOOG -32.7%.
Should I hold both VOO and VOOG?
VOO and VOOG have a monthly-return correlation of 0.96, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between VOO and VOOG?
VOO and VOOG share 145 common holdings with a 62.9% weight overlap. Combined, they hold 506 unique securities.
Which pays a higher dividend, VOO or VOOG?
VOO yields 1.09% while VOOG yields 0.54%, so VOO currently pays the higher dividend yield.
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