Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
VONG vs XLG: how they differ
VONG and XLG hold 70% of their weight in the same names, and XLG returned more over the year.
Vanguard Russell 1000 Growth Index Fund and Invesco S&P 500 Top 50 ETF.
What they hold in common
By the books each fund has filed, VONG and XLG hold 70% of their money in the same securities at the same weight.
| Holding | VONG | XLG |
|---|---|---|
| NVIDIA Corp | 13.09% | 13.10% |
| Apple Inc | 11.97% | 10.76% |
| Microsoft Corp | 8.98% | 8.18% |
| Amazon.com Inc | 5.07% | 6.99% |
| Broadcom Inc | 5.78% | 4.85% |
| Alphabet Inc | 3.91% | 6.05% |
| Meta Platforms Inc | 3.20% | 3.61% |
| Alphabet Inc | 3.15% | 4.82% |
| Tesla Inc | 3.48% | 2.90% |
| Eli Lilly & Co | 2.67% | 2.00% |
| Visa Inc | 1.57% | 1.50% |
| Advanced Micro Devices Inc | 1.47% | 1.56% |
| Only in VONG | Only in XLG |
|---|---|
| Lam Research Corp 1.21% | Berkshire Hathaway Inc. 2.35% |
| GE Vernova Inc 0.79% | JPMorgan Chase & Co. 2.28% |
| KLA Corp 0.76% | Exxon Mobil Corp. 1.74% |
| Palo Alto Networks Inc 0.68% | Johnson & Johnson 1.50% |
| Amphenol Corp 0.55% | Chevron Corp. 0.98% |
| Crowdstrike Holdings Inc 0.55% | Cisco Systems, Inc. 0.98% |
| Arista Networks Inc 0.50% | Procter & Gamble Co. (The) 0.92% |
| AppLovin Corp 0.44% | UnitedHealth Group Inc. 0.91% |
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.
| VONG Vanguard Russell 1000 Growth 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 | Russell 1000 Growth | S&P 500 top 50 |
| Total return, 1 year | +7.2% | +12.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −10.3 pts | −5.3 pts |
| Expense ratio | 0.07% | 0.20% |
| Already in the S&P 500 | 95.6% | 100.0% |
| Holdings | 387 | 51 |
VONG in plain words
VONG is an index equity fund tracking the Russell 1000 Growth. Over the year to Sep 11, 2026 it returned +7.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.07% a year. By its holdings filed for May 31, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 387 positions, with the top ten at 61.3%. It sat 4.9% below its high of Jun 1, 2026 on Sep 11, 2026.
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, VONG or XLG?
- In the year to Sep 12, 2026, with distributions reinvested, VONG returned +7.2% and XLG returned +12.2%, so XLG returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, VONG or XLG?
- VONG charges 0.07% a year and XLG charges 0.20%, so VONG is cheaper. Fees come from each fund's prospectus.
- How much do VONG and XLG overlap with the S&P 500?
- By their latest filed holdings, 96% of VONG and 100% of XLG by weight is stocks the S&P 500 already holds. Between the two funds, 70% 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, VONG against XLG, data as of Sep 12, 2026. https://etfiq.com/compare/any/VONG-XLG Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources