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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

VTWO vs XLG: how they differ

VTWO and XLG hold 0% of their weight in the same names, and VTWO returned more over the year.

Vanguard Russell 2000 Index Fund and Invesco S&P 500 Top 50 ETF.

What they hold in common

By the books each fund has filed, VTWO and XLG hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in VTWOOnly in XLG
Bloom Energy Corp 1.83%NVIDIA Corp. 13.10%
Credo Technology Group Holding Ltd 1.12%Apple Inc. 10.76%
Sterling Infrastructure Inc 0.76%Microsoft Corp. 8.18%
Fabrinet 0.69%Amazon.com, Inc. 6.99%
Nextpower Inc 0.67%Alphabet Inc. 6.05%
IonQ Inc 0.63%Broadcom Inc. 4.85%
Coeur Mining Inc 0.58%Alphabet Inc. 4.82%
TTM Technologies Inc 0.52%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.

VTWO and XLG on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
VTWO
Vanguard Russell 2000 Index Fund
XLG
Invesco S&P 500 Top 50 ETF
Where it sitsCore index fundCore index fund
IssuerVanguardInvesco
What it isRussell 2000S&P 500 top 50
Total return, 1 year+21.4%+12.2%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+3.9 pts−5.3 pts
Expense ratio0.07%0.20%
Already in the S&P 5000.5%100.0%
Holdings195151

VTWO in plain words

VTWO is an index equity fund tracking the Russell 2000. Over the year to Sep 11, 2026 it returned +21.4% 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, 0% of the fund by weight is stocks the S&P 500 also holds, across 1951 positions, with the top ten at 7.8%. It sat 5.3% below its high of Aug 14, 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, VTWO or XLG?
In the year to Sep 12, 2026, with distributions reinvested, VTWO returned +21.4% and XLG returned +12.2%, so VTWO returned more. One year is one year; the longer windows are in the table.
Which is cheaper, VTWO or XLG?
VTWO charges 0.07% a year and XLG charges 0.20%, so VTWO is cheaper. Fees come from each fund's prospectus.
How much do VTWO and XLG overlap with the S&P 500?
By their latest filed holdings, 0% of VTWO and 100% of XLG by weight is stocks the S&P 500 already holds. Between the two funds, 0% 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.

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

A comparison is not a recommendation. Standards and sources