VUSG vs. GRW

Last updated Jun 6, 2026

VUSG (Vanguard Wellington U.S. Growth Active ETF) and GRW (TCW Durable Growth ETF) are both Large Cap Growth Equities funds. Both are actively managed. Their correlation of 0.94 suggests significant overlap in exposure. VUSG charges 0.35%/yr vs 0.75%/yr for GRW.

Performance

VUSG vs. GRW - Performance Comparison

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

Returns By Period

VUSG

• 1D: -3.73%
• 1M: -1.14%
• YTD: 4.42%
• 6M: 2.85%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GRW

• 1D: -2.03%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VUSG vs. GRW - Yearly Performance Comparison

	2026 (YTD)
VUSG Vanguard Wellington U.S. Growth Active ETF	-3.28%
GRW TCW Durable Growth ETF	-0.60%

Correlation

The correlation between VUSG and GRW is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.94

Return for Risk

VUSG vs. GRW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Wellington U.S. Growth Active ETF (VUSG) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	VUSG	GRW	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	-1.44	+2.20

Drawdowns

VUSG vs. GRW - Drawdown Comparison

The maximum VUSG drawdown since its inception was -15.14%, which is greater than GRW's maximum drawdown of -2.30%. Use the drawdown chart below to compare losses from any high point for VUSG and GRW.

Drawdown Indicators

	VUSG	GRW	Difference
Max Drawdown Largest peak-to-trough decline	-15.14%	-2.30%	-12.84%
Current Drawdown Current decline from peak	-5.07%	-2.30%	-2.77%
Average Drawdown Average peak-to-trough decline	-3.50%	-0.53%	-2.97%

Volatility

Volatility by Period

	VUSG	GRW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	19.62%	17.04%	+2.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.62%	17.04%	+2.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.62%	17.04%	+2.58%

VUSG vs. GRW - Expense Ratio Comparison

VUSG has a 0.35% expense ratio, which is lower than GRW's 0.75% expense ratio.

Dividends

VUSG vs. GRW - Dividend Comparison

VUSG's dividend yield for the trailing twelve months is around 0.02%, while GRW has not paid dividends to shareholders.

Position	TTM	2025
GRW TCW Durable Growth ETF	0.00%	0.00%
VUSG Vanguard Wellington U.S. Growth Active ETF	0.02%	0.02%

Frequently Asked Questions

Can I hold both VUSG and GRW in my portfolio?

With a correlation of 0.94, VUSG and GRW move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, VUSG or GRW?

On fees, VUSG is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VUSG or GRW?

VUSG is cheaper with a 0.35% expense ratio, compared with 0.75% for GRW.

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

VUSG has the higher dividend yield at 0.02%, compared with 0.00% for GRW.

What is the main difference between VUSG and GRW?

They also come from different issuers: Vanguard and TCW. Their fees differ too: 0.35% for VUSG and 0.75% for GRW.