VONG vs. VOO
Compare and contrast key facts about Vanguard Russell 1000 Growth ETF (VONG) and Vanguard S&P 500 ETF (VOO).
VONG and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VONG is a passively managed fund by Vanguard that tracks the performance of the Russell 1000 Growth Index. It was launched on Sep 20, 2010. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both VONG and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VONG or VOO.
Key characteristics
| VONG | VOO | |
|---|---|---|
| YTD Return | 6.62% | 5.98% |
| 1Y Return | 31.77% | 22.69% |
| 3Y Return (Ann) | 8.40% | 8.02% |
| 5Y Return (Ann) | 16.64% | 13.41% |
| 10Y Return (Ann) | 15.40% | 12.42% |
| Sharpe Ratio | 2.11 | 1.93 |
| Daily Std Dev | 15.07% | 11.69% |
| Max Drawdown | -32.72% | -33.99% |
| Current Drawdown | -4.79% | -4.14% |
Correlation
The correlation between VONG and VOO is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
VONG vs. VOO - Performance Comparison
In the year-to-date period, VONG achieves a 6.62% return, which is significantly higher than VOO's 5.98% return. Over the past 10 years, VONG has outperformed VOO with an annualized return of 15.40%, while VOO has yielded a comparatively lower 12.42% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VONG vs. VOO - Expense Ratio Comparison
VONG has a 0.08% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
VONG vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Russell 1000 Growth ETF (VONG) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
VONG vs. VOO - Dividend Comparison
VONG's dividend yield for the trailing twelve months is around 0.70%, less than VOO's 1.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VONG Vanguard Russell 1000 Growth ETF | 0.70% | 0.71% | 0.98% | 0.58% | 0.77% | 1.03% | 1.18% | 1.19% | 1.48% | 1.47% | 1.43% | 1.28% |
VOO Vanguard S&P 500 ETF | 1.39% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
VONG vs. VOO - Drawdown Comparison
The maximum VONG drawdown since its inception was -32.72%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for VONG and VOO. For additional features, visit the drawdowns tool.
Volatility
VONG vs. VOO - Volatility Comparison
Vanguard Russell 1000 Growth ETF (VONG) has a higher volatility of 5.25% compared to Vanguard S&P 500 ETF (VOO) at 3.92%. This indicates that VONG's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.