Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
VBK vs VPU: how they differ
VBK and VPU hold 1% of their weight in the same names, and VBK returned more over the year.
Vanguard Small-Cap Growth Index Fund and Vanguard Utilities Index Fund.
What they hold in common
By the books each fund has filed, VBK and VPU hold 1% of their money in the same securities at the same weight.
| Holding | VBK | VPU |
|---|---|---|
| Talen Energy Corp | 0.49% | 0.99% |
| Oklo Inc | 0.22% | 0.39% |
| Ormat Technologies Inc | 0.18% | 0.44% |
| California Water Service Group | 0.08% | 0.18% |
| Only in VBK | Only in VPU |
|---|---|
| Credo Technology Group Holding Ltd 1.27% | NextEra Energy Inc 11.84% |
| REVOLUTION Medicines Inc 1.07% | Southern Co/The 6.70% |
| Astera Labs Inc 1.05% | Duke Energy Corp 6.31% |
| Natera Inc 1.04% | Constellation Energy Corp 5.86% |
| Twilio Inc 0.88% | American Electric Power Co Inc 4.47% |
| Casey's General Stores Inc 0.83% | Sempra 3.85% |
| Carpenter Technology Corp 0.82% | Dominion Energy Inc 3.78% |
| Curtiss-Wright Corp 0.79% | Vistra Corp 3.59% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and May 31, 2026.
| VBK Vanguard Small-Cap Growth Index Fund | VPU Vanguard Utilities Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Vanguard | Vanguard |
| What it is | Small-Cap Growth | Utilities |
| Total return, 1 year | +13.8% | +2.1% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −3.7 pts | −15.4 pts |
| Expense ratio | 0.05% | 0.09% |
| Already in the S&P 500 | 10.2% | 90.1% |
| Holdings | 545 | 66 |
VBK in plain words
VBK is an index equity fund tracking the Small-Cap Growth. Over the year to Sep 11, 2026 it returned +13.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. By its holdings filed for Jun 30, 2026, 10% of the fund by weight is stocks the S&P 500 also holds, across 545 positions, with the top ten at 9.3%. It sat 7.0% below its high of Aug 17, 2026 on Sep 11, 2026.
VPU in plain words
VPU is an index equity fund tracking the Utilities. Over the year to Sep 11, 2026 it returned +2.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings filed for May 31, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 66 positions, with the top ten at 52.7%. It sat 9.8% below its high of Feb 27, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, VBK or VPU?
- In the year to Sep 12, 2026, with distributions reinvested, VBK returned +13.8% and VPU returned +2.1%, so VBK returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, VBK or VPU?
- VBK charges 0.05% a year and VPU charges 0.09%, so VBK is cheaper. Fees come from each fund's prospectus.
- How much do VBK and VPU overlap with the S&P 500?
- By their latest filed holdings, 10% of VBK and 90% of VPU by weight is stocks the S&P 500 already holds. Between the two funds, 1% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, VBK against VPU, data as of Sep 12, 2026. https://etfiq.com/compare/any/VBK-VPU Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources