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Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

VOOG vs XLG: how they differ

VOOG and XLG hold 71% of their weight in the same names, and VOOG returned more over the year.

Vanguard S&P 500 Growth Index Fund and Invesco S&P 500 Top 50 ETF.

What they hold in common

By the books each fund has filed, VOOG and XLG hold 71% of their money in the same securities at the same weight.

Positions VOOG and XLG both hold, largest shared weight first
HoldingVOOGXLG
NVIDIA Corp14.29%13.10%
Microsoft Corp9.31%8.18%
Apple Inc6.38%10.76%
Alphabet Inc6.17%6.05%
Broadcom Inc5.90%4.85%
Alphabet Inc4.90%4.82%
Amazon.com Inc3.90%6.99%
Meta Platforms Inc3.85%3.61%
Berkshire Hathaway Inc2.42%2.35%
Tesla Inc2.12%2.90%
Eli Lilly & Co2.44%2.00%
Advanced Micro Devices Inc2.34%1.56%
Largest positions each one holds and the other does not
Only in VOOGOnly in XLG
Micron Technology Inc 3.04%Exxon Mobil Corp. 1.74%
Lam Research Corp 1.11%Walmart Inc. 1.56%
Applied Materials Inc 0.99%Costco Wholesale Corp. 1.22%
GE Vernova Inc 0.73%Chevron Corp. 0.98%
KLA Corp 0.70%Bank of America Corp. 0.96%
Sandisk Corp/DE 0.70%Procter & Gamble Co. (The) 0.92%
RTX Corp 0.67%UnitedHealth Group Inc. 0.91%
Crowdstrike Holdings Inc 0.51%Home Depot, Inc. (The) 0.88%

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.

VOOG and XLG on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
VOOG
Vanguard S&P 500 Growth Index Fund
XLG
Invesco S&P 500 Top 50 ETF
Where it sitsCore index fundCore index fund
IssuerVanguardInvesco
What it isS&P 500 GrowthS&P 500 top 50
Total return, 1 year+17.8%+12.2%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+0.3 pts−5.3 pts
Expense ratio0.05%0.20%
Already in the S&P 500100.0%100.0%
Holdings14651

VOOG in plain words

VOOG is an index equity fund tracking the S&P 500 Growth. Over the year to Sep 11, 2026 it returned +17.8% 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 May 31, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 146 positions, with the top ten at 60.2%.

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, VOOG or XLG?
In the year to Sep 12, 2026, with distributions reinvested, VOOG returned +17.8% and XLG returned +12.2%, so VOOG returned more. One year is one year; the longer windows are in the table.
Which is cheaper, VOOG or XLG?
VOOG charges 0.05% a year and XLG charges 0.20%, so VOOG is cheaper. Fees come from each fund's prospectus.
How much do VOOG and XLG overlap with the S&P 500?
By their latest filed holdings, 100% of VOOG and 100% of XLG by weight is stocks the S&P 500 already holds. Between the two funds, 71% 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.

VOOG against XLG, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, VOOG against XLG, data as of Sep 12, 2026. https://etfiq.com/compare/any/VOOG-XLG Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources