VOO vs VOOG: Fees, Returns & Holdings Compared

	Expense ratio	Net assets	Yield (TTM)	Overlap	1 yr	5 yr*
VOO	0.03%	$1.67T	1.07%	66%	+12.4%	+12.0%
VOOG	0.07%	$27.12B	1.08%		+9.4%	+11.7%

At a glance

66% of VOO’s and VOOG’s holdings overlap by weight, with 146 securities in common out of 506 and 149. VOO costs less: 0.03% a year against 0.07% for VOOG, or $30 against $70 on every $100,000. VOO has $1.67T in assets (all share classes) and VOOG $27.12B (all share classes); over the past 12 months VOO paid out 1.07% of its price and VOOG 1.08%, both quarterly. Over the past year VOO returned +12.4% and VOOG +9.4% with distributions reinvested; over five years, +12.0% and +11.7% a year. In the 2022 bear market VOO fell 24.5% at its worst and VOOG 32.0%; VOO was back at its earlier high 14 months after the low, VOOG 16 months.

Key differences

	VOO	VOOG
Fund	Vanguard S&P 500 ETF	Vanguard S&P 500 Growth ETF
Issuer	Vanguard	Vanguard
Structure	ETF share class	ETF share class
Type	S&P 500	Large-cap growth
Launched	Sep 7, 2010	Sep 7, 2010
Expense ratio	0.03%	0.07%
Cost a year on $100,000	$30	$70
Net assets	$1.67T *	$27.12B *
Holdings	506	149
Ten largest positions	36.4%	59.4%
Yield (12 months)	1.07%	1.08%
Pays	quarterly	quarterly
Portfolio turnover	2% a year	20% a year
Price data from	Jun 2, 2020	Jun 2, 2020

* VOO’s net assets are those of Vanguard 500 Index Fund, all share classes; VOOG’s net assets are those of Vanguard S&P 500 Growth Index Fund, all share classes.

Holdings and overlap

Overlap by weight66%the share of each fund in holdings both own

Securities in common146VOO 506 · VOOG 149 in all

Ten largest positions36.4% / 59.4%of assets, VOO / VOOG

Overlap adds up, for every security both funds own, the smaller of its two weights: 100% would mean identical portfolios.

Largest holdings

Holding	VOO	VOOG
NVIDIA Corp	7.51%	14.85%
Microsoft Corp	4.30%	10.46%
Apple Inc	6.59%	6.46%
Alphabet Inc Class A	3.25%	5.52%
Broadcom Inc	2.77%	4.87%
Alphabet Inc Class C	2.59%	4.40%
Amazon.com Inc	3.62%	3.74%
Meta Platforms Inc	1.92%	3.49%
Micron Technology Inc	2.02%	3.00%
Berkshire Hathaway Inc	1.42%	2.57%
Tesla Inc	1.84%	1.78%

The biggest differences in weight: NVIDIA Corp (7.5% in VOO, 14.8% in VOOG); Microsoft Corp (4.3% in VOO, 10.5% in VOOG); Alphabet Inc Class A (3.2% in VOO, 5.5% in VOOG).

By sector

Sector	VOO	VOOG	Difference
Technology	35.2%	51.1%	VOOG +15.9
Communication services	9.3%	14.5%	VOOG +5.2
Financials	10.6%	8.9%	VOO +1.7
Consumer discretionary	9.1%	7.8%	VOO +1.3
Health care	7.1%	5.1%	VOO +2.0
Industrials	6.8%	4.9%	VOO +1.9
Consumer staples	4.4%	1.0%	VOO +3.4
Energy	2.7%	0.0%	VOO +2.7
Utilities	1.9%	0.3%	VOO +1.6
Materials	1.3%	0.9%	VOO +0.4
Real estate	1.3%	0.1%	VOO +1.2

Sectors of the companies each fund holds that have a stock page here (90.6% of VOO, 95.5% of VOOG). Source: N-PORT holdings reports as of Jun 30, 2026 (VOO) and Aug 31, 2026 (VOOG).

Returns

VOO VOOG · $10,000 in each on Jun 30, 2020, distributions reinvested.

$10,000 put into VOO on Jun 30, 2020 was worth $26,780 on Oct 30, 2026, and in VOOG $27,355 (+16.8% and +17.2% a year). That is as far back as the price data for both goes.

	1 yr	3 yr	5 yr	10 yr
VOO price data to Oct 30, 2026	+12.4%	+23.6%	+12.0%	—
VOO official prospectus, to Dec 31, 2025	+17.84%	—	+14.38%	+14.78%
VOOG price data to Oct 30, 2026	+9.4%	+27.5%	+11.7%	—
VOOG official prospectus, to Dec 31, 2024	+35.95%	—	+17.00%	+15.15%

Multi-year figures are annualized total returns with distributions reinvested. "Official" rows are the SEC-standard returns from each fund's prospectus, to the end of the last calendar year; they reach back further where the price data starts late. VOO: Price data starts 2020-06-02, after the fund's launch on 2010-09-07; figures "since start" cover the available history only. VOOG: Price data starts 2020-06-02, after the fund's launch on 2010-09-07; figures "since start" cover the available history only.

Calendar years

Year	VOO	VOOG	Difference
2026	+11.8% *	+10.2% *	VOO +1.5
2025	+17.8%	+22.1%	VOOG +4.3
2024	+25.0%	+35.9%	VOOG +10.9
2023	+26.3%	+29.9%	VOOG +3.6
2022	-18.2%	-29.5%	VOO +11.3
2021	+28.8%	+31.9%	VOOG +3.2
2020	+18.35% †	+33.38% †	VOOG +15.0
2019	+31.46% †	+31.03% †	VOO +0.4
2018	-4.42% †	-0.18% †	VOOG +4.2

Total returns from price data; † from the fund’s prospectus where the price data starts later; * year to Oct 30, 2026.

Downturns and recovery

	VOO	VOOG
2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009	Before it launched	Before it launched
2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020	Not in the price data (starts Jun 2, 2020)	Not in the price data (starts Jun 2, 2020)
2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022	−24.5% at the worst; back at its high 14 months after the low	−32% at the worst; back at its high 16 months after the low
Worst fall in the price data	−24.5% (Jan 3, 2022 – Oct 12, 2022)	−32.7% (Dec 27, 2021 – Oct 14, 2022)

The deepest drop from a high to a low during each stretch when stocks fell, and how long the fund took to get back to its earlier high, with distributions reinvested. The price data starts Jun 2, 2020 for VOO and Jun 2, 2020 for VOOG.

Income

VOO yield (12 months)1.07%paid quarterly

VOOG yield (12 months)1.08%paid quarterly

Year	VOO	VOOG
2025	$131	$59
2024	$153	$66
2023	$181	$144
2022	$136	$65
2021	$158	$70

Distributions paid during each calendar year on $10,000 of shares bought at the previous year-end close, adjusted for share splits. Before taxes.

Costs

VOO charges 0.03% a year and VOOG 0.07%: on $100,000 that is $40 a year less with VOO ($200 on $500,000). The fee comes out of each fund's assets, so it is already in the returns above.

Cost of $10,000 (SEC example)	1 yr	3 yrs	5 yrs	10 yrs
VOO	$3	$10	$17	$39
VOOG	$7	$23	$40	$90

From each fund's prospectus: the total costs on $10,000 invested, at a 5% yearly return, with the shares sold at the end of each period.

Picked a fund? Check the plan around it. ReadyAimRetire shows whether your savings, Social Security and spending hold up year by year, whichever funds you hold.

Test my plan →