Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
VGSH vs XLG: how they differ
VGSH and XLG hold 0% of their weight in the same names, and XLG returned more over the year.
Vanguard Short-Term Treasury Index Fund and Invesco S&P 500 Top 50 ETF.
What they hold in common
By the books each fund has filed, VGSH and XLG hold 0% of their money in the same securities at the same weight.
| Only in VGSH | Only in XLG |
|---|---|
| United States Treasury Note/Bond 2.26% | NVIDIA Corp. 13.10% |
| United States Treasury Note/Bond 1.41% | Apple Inc. 10.76% |
| United States Treasury Note/Bond 1.36% | Microsoft Corp. 8.18% |
| United States Treasury Note/Bond 1.32% | Amazon.com, Inc. 6.99% |
| United States Treasury Note/Bond 1.31% | Alphabet Inc. 6.05% |
| United States Treasury Note/Bond 1.30% | Broadcom Inc. 4.85% |
| United States Treasury Note/Bond 1.27% | Alphabet Inc. 4.82% |
| United States Treasury Note/Bond 1.27% | Meta Platforms, Inc. 3.61% |
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 Apr 30, 2026 and May 31, 2026.
| VGSH Vanguard Short-Term Treasury Index Fund | XLG Invesco S&P 500 Top 50 ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Vanguard | Invesco |
| What it is | Short-Term Treasury | S&P 500 top 50 |
| Total return, 1 year | +1.8% | +12.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −15.7 pts | −5.3 pts |
| Expense ratio | 0.03% | 0.20% |
| Holdings | 91 | 51 |
VGSH in plain words
VGSH is a bond fund tracking the Short-Term Treasury. Over the year to Sep 11, 2026 it returned +1.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year.
XLG in plain words
XLG is an index equity fund tracking the S&P 500 top 50. Over the year to Sep 11, 2026 it returned +12.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.20% a year. By its holdings filed for Apr 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 51 positions, with the top ten at 63.6%.
Questions people ask
- Which returned more over the last year, VGSH or XLG?
- In the year to Sep 12, 2026, with distributions reinvested, VGSH returned +1.8% and XLG returned +12.2%, so XLG returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, VGSH or XLG?
- VGSH charges 0.03% a year and XLG charges 0.20%, so VGSH is cheaper. Fees come from each fund's prospectus.
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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, VGSH against XLG, data as of Sep 12, 2026. https://etfiq.com/compare/any/VGSH-XLG Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources