VOO vs VUG: fees, holdings and returns

VOO holds the about 500 large US companies in the S&P 500. VUG holds about 135 large US growth companies, picked by a Morningstar index. VUG leans more on technology and has swung more. Over the same dates since September 2010, VOO returned about 14.8% a year and VUG returned about 16.6% a year.

Written by the Tactfolio research team. Fund facts checked October 16, 2026. Prices through October 16, 2026.

VOO

Yearly fee
0.03%
about $3 on $10,000
Return per year
14.8%
since September 2010
Worst drop
−34.0%
since 2010
Started trading
Sep 2010
Vanguard

VUG

Yearly fee
0.03%
about $3 on $10,000
Return per year
16.6%
since September 2010
Worst drop
−35.6%
since 2010
Started trading
Jan 2004
Vanguard

Key points

  • Both charge 0.03% a year.
  • VOO started trading in September 2010. VUG started in January 2004.
  • Worst drops since 2010: VOO −34.0%, VUG −35.6%.
  • Daily correlation: 0.96 (1 means they always move together).

What is the difference between VOO and VUG?#

VUG keeps only the growth side of large US companies: those with fast-growing sales and earnings. That makes it heavier in a few large tech companies. VOO holds all of the S&P 500, growth and value. Their fees are close, so the difference is mostly what they hold.

FactVOOVUG
Full nameVanguard S&P 500 ETFVanguard Morningstar Growth ETF
IssuerVanguardVanguard
Expense ratio0.03% a year0.03% a year
Started tradingSeptember 7, 2010January 26, 2004
TracksS&P 500 IndexMorningstar US Large Cap Growth Index
Holdings505 holdings as of September 30, 2026135 holdings as of September 30, 2026
TypeUS stocks, ETFUS stocks, ETF

Fund facts checked on the Vanguard VOO page and the Vanguard VUG page.

Is VOO or VUG cheaper?#

Both charge 0.03% a year. On $10,000, that is about $3 a year for VOO and $3 for VUG. The fund takes its fee out of its own value a little each day, so you never get a bill.

VOO vs VUG performance over the same dates#

$10k$20k$50k$100k20112013201520172019202120232025
VOOVUGGrowth of $10,000, log scale, with dividends reinvested. Past results do not tell you what happens next.

Both funds are measured from September 2010 to October 2026, the dates both traded. VOO returned about 14.8% a year and VUG returned about 16.6% a year. VUG came out ahead over this period, which does not mean it will again.

MeasureVOOVUG
$10,000 grew to$92,175$118,204
Total return821.7%1,082%
Return per year (CAGR)14.8%16.6%
Worst drop from a high−34.0%−35.6%
Volatility (how much it swings)16.9%19.6%
Last 12 months16.8%11.3%
Last 3 years, per year22.1%23.9%
Last 5 years, per year12.9%12.4%
Last 10 years, per year15.5%17.9%

Prices through October 16, 2026. Figures use daily closing prices adjusted for splits, with dividends reinvested. They do not include taxes or the cost of buying and selling. Past results do not tell you what will happen next.

VOO and VUG returns by year#

YearVOOVUG
2026 (part of the year)12.8%8.5%
202517.8%19.4%
202425.0%32.7%
202326.3%46.8%
2022−18.2%−33.2%
202128.8%27.4%
202018.3%40.3%
201931.4%37.0%
2018−4.5%−3.3%
201721.8%27.7%
201612.2%6.3%
20151.3%3.2%
201412.9%13.6%
201332.4%32.5%
201216.0%17.0%
20111.9%1.8%
2010 (part of the year)14.8%17.8%

Which fell further in bad times?#

A drawdown is how far a fund falls from its last high point. VOO’s worst fall was −34.0%, from February 19, 2020 to March 23, 2020. It got back to that high on August 10, 2020.

VUG’s worst fall was −35.6%, from November 19, 2021 to November 3, 2022. It got back to that high on January 23, 2024.

Their daily moves had a correlation of 0.96. A correlation of 1 means two funds always move up and down together. Near 0 means they move on their own. So holding both adds little variety.

Why people choose VOO or VUG#

VOO. People who want all large US companies, growth and value, tend to pick VOO.

VUG. People who want to lean toward large growth companies tend to pick VUG, and accept bigger swings.

Strategies that hold VOO or VUG#

These classic strategies hold one or both at least some of the time. Each is a set of written rules you can open, test and copy.

Other funds like VOO and VUG#

Each fund has more funds that hold the same kind of investments, ranked by how closely they move with it: VOO alternatives and VUG alternatives.

Test a mix of VOO and VUG#

Open the builder, add VOO and VUG, and give each a weight, such as 50% and 50%. The backtest shows how the mix would have done, with its worst drop, on daily prices. You can also add a rule, for example to switch between them, and compare. Read the full pages for VOO and VUG, or see more ETF comparisons.

The details#

Both funds use Tactfolio’s stored daily prices, adjusted for splits, with dividends reinvested. They are compared only on days both traded, starting the later fund’s first day, so neither gets a head start. Correlation uses daily returns over the same days. Read what a backtest simulates for more on these measures.

Common questions#

Is VUG riskier than VOO?#

VUG holds fewer companies and leans on growth and tech, so it has swung more in the past. The worst drop figures above compare them on the same dates.

Do VOO and VUG overlap?#

Yes, a lot. Most of the large growth companies in VUG are also in the S&P 500, which VOO holds.

Which is cheaper, VOO or VUG?#

Both charge 0.03% a year. Fees come from each issuer and were checked on October 16, 2026.

Which did better, VOO or VUG?#

From September 2010 to October 2026, VOO returned about 14.8% a year and VUG returned about 16.6% a year, with dividends reinvested. Their worst drops were −34.0% and −35.6%. Past returns do not tell you what comes next.

Sources#