VONG vs. GRW

Last updated Jun 3, 2026

VONG (Vanguard Russell 1000 Growth ETF) and GRW (TCW Durable Growth ETF) are both Large Cap Growth Equities funds. VONG is passively managed, while GRW is actively managed. A 0.50 correlation means they provide meaningful diversification when combined. VONG charges 0.06%/yr vs 0.75%/yr for GRW.

Performance

VONG vs. GRW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Russell 1000 Growth ETF (VONG) and TCW Durable Growth ETF (GRW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VONG

• 1D: -0.35%
• 1M: 6.89%
• YTD: 8.61%
• 6M: 7.89%
• 1Y: 28.25%
• 3Y*: 25.48%
• 5Y*: 15.98%
• 10Y*: 18.77%

GRW

• 1D: -0.13%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

VONG vs. GRW - Yearly Performance Comparison

	2026 (YTD)
VONG Vanguard Russell 1000 Growth ETF	0.89%
GRW TCW Durable Growth ETF	1.61%

Correlation

The correlation between VONG and GRW is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.50

VONG vs. GRW - Sectors Allocation Comparison

Sectors	VONG	GRW
Technology	51.4%	26.6%
Communication Services	13.2%	9.1%
Consumer Cyclical	13.2%	8.3%
Healthcare	7.1%	4.1%
Industrials	5.7%	38.1%
Financial Services	5.3%	9.8%
Consumer Defensive	2.7%	-
Real Estate	0.4%	-
Energy	0.4%	-
Basic Materials	0.3%	4.0%
Utilities	0.3%	-

Return for Risk

VONG vs. GRW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

VONG

VONG Risk / Return Rank: 46
VONG Sharpe Ratio Rank: 53
VONG Sortino Ratio Rank: 51
VONG Omega Ratio Rank: 51
VONG Calmar Ratio Rank: 36
VONG Martin Ratio Rank: 38

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

VONG vs. GRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Russell 1000 Growth ETF (VONG) and TCW Durable Growth ETF (GRW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	VONG	GRW	Difference
Sharpe ratio Return per unit of total volatility	1.85	—	—
Sortino ratio Return per unit of downside risk	2.50	—	—
Omega ratio Gain probability vs. loss probability	1.32	—	—
Calmar ratio Return relative to maximum drawdown	1.79	—	—
Martin ratio Return relative to average drawdown	6.02	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	VONG	GRW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.85	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.90	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.90	37.56	-36.65

Drawdowns

VONG vs. GRW - Drawdown Comparison

The maximum VONG drawdown since its inception was -32.72%, which is greater than GRW's maximum drawdown of -0.13%. Use the drawdown chart below to compare losses from any high point for VONG and GRW.

Drawdown Indicators

	VONG	GRW	Difference
Max Drawdown Largest peak-to-trough decline	-32.72%	-0.13%	-32.59%
Max Drawdown (1Y) Largest decline over 1 year	-16.23%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-23.27%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-32.72%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-32.72%	—	—
Current Drawdown Current decline from peak	-0.35%	-0.13%	-0.22%
Average Drawdown Average peak-to-trough decline	-4.88%	-0.04%	-4.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.83%	—	—

Volatility

Volatility by Period

	VONG	GRW	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.23%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.53%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.32%	9.26%	+6.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.33%	9.26%	+12.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.87%	9.26%	+11.61%

VONG vs. GRW - Expense Ratio Comparison

VONG has a 0.06% expense ratio, which is lower than GRW's 0.75% expense ratio.

Dividends

VONG vs. GRW - Dividend Comparison

VONG's dividend yield for the trailing twelve months is around 0.42%, while GRW has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GRW TCW Durable Growth ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VONG Vanguard Russell 1000 Growth ETF	0.42%	0.45%	0.55%	0.71%	0.98%	0.58%	0.77%	1.03%	1.18%	1.19%	1.48%	1.47%

Frequently Asked Questions

Can I hold both VONG and GRW in my portfolio?

VONG and GRW have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VONG or GRW?

On fees, VONG is cheaper at 0.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VONG or GRW?

VONG is cheaper with a 0.06% expense ratio, compared with 0.75% for GRW.

Which ETF pays a higher dividend yield, VONG or GRW?

VONG has the higher dividend yield at 0.42%, compared with 0.00% for GRW.

What is the main difference between VONG and GRW?

They also come from different issuers: Vanguard and TCW. Their fees differ too: 0.06% for VONG and 0.75% for GRW.