IVOG vs VFMO: Differences, Returns & Fees

IVOG and VFMO hold 12% of their weight in the same names, and IVOG returned +15.0% over the year. Net assets on Sep 30, 2026: $1.7bn for Vanguard S&P Mid-Cap 400 Growth ETF and $1.9bn for Vanguard U.S. Momentum Factor ETF.

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Answers cite the figures on this page.

IVOG costs 0.03 points a year less; their one-year returns differ by 1.8 points; VFMO is 1.1 times larger.

IVOG vs VFMO: Differences, Returns & Fees
IVOGVFMO
Expense ratio0.10%0.13%
Net assets, as of Sep 30, 2026$1.7bn$1.9bn
Total return, 1 year+15.0%+13.2%
What it tracksS&P MidCap 400 Growth IndexNo index, actively managed
Holdings in common12%
Top ten holdings, share of the fund14.7%9.5%
Below its high8.1%, high on Aug 14, 202611.5%, high on Jun 30, 2026

Holdings in common uses holdings dated May 31, 2026 and Sep 30, 2026.

+15.0%
IVOG total return, 1 year
+13.2%
VFMO total return, 1 year
0.10%
IVOG expense ratio
0.13%
VFMO expense ratio

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What they hold in common

By the books each fund has filed, IVOG and VFMO hold 12% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Sep 30, 2026.

half

12% in common

Positions both hold, largest shared weight first
Holding IVOG VFMO
Sterling Infrastructure Inc 0.84% 0.41%
SiTime Corp 0.84% 0.34%
Sanmina Corp 0.64% 0.33%
Roivant Sciences Ltd 0.64% 0.30%
Dycom Industries Inc 0.45% 0.29%
Arrowhead Pharmaceuticals Inc 0.52% 0.28%
Nextpower Inc 0.43% 0.28%
TTM Technologies Inc 0.72% 0.26%
XPO Inc 1.15% 0.26%
Jazz Pharmaceuticals PLC 0.84% 0.25%
MACOM Technology Solutions Holdings Inc 1.10% 0.25%
DigitalOcean Holdings Inc 0.73% 0.24%
Only in IVOG
Twilio Inc 2.51%
Okta Inc 1.94%
Roku Inc 1.12%
Dynatrace Inc 0.93%
RB Global Inc 0.84%
Toast Inc 0.83%
Exelixis Inc 0.81%
Neurocrine Biosciences Inc 0.80%
Only in VFMO
Micron Technology Inc 1.36%
Intel Corp 1.25%
Advanced Micro Devices Inc 1.12%
Western Digital Corp 0.89%
Alphabet Inc 0.87%
KLA Corp 0.86%
Applied Materials Inc 0.82%
Lam Research Corp 0.82%

Check overlap with more funds →

On the same fields

IVOG
Vanguard S&P Mid-Cap 400 Growth ETF
VFMO
Vanguard U.S. Momentum Factor ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index Actively managed
Total return, 1 year +15.0% +13.2%
Its benchmark over the same days +14.9% (IJK) +15.0% (IWV)
Gap to its benchmark +0.1 pts vs IJK −1.9 pts vs IWV
Expense ratio 0.10% 0.13%
Already in the S&P 500 3.0% 43.4%
Holdings 249 704
Net assets, as of Sep 30, 2026 $1.7bn $1.9bn

IVOG and VFMO on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About IVOG

IVOG tracks an index. Over the year to Oct 20, 2026 it returned +15.0% with distributions reinvested, against +14.9% for its benchmark, the S&P MidCap 400 Growth Index. The prospectus expense ratio is 0.10% a year. By its holdings published by its issuer as of Sep 30, 2026, 3% of the fund by weight is stocks the S&P 500 also holds, across 249 positions, with the top ten at 14.7%. It sat 8.1% below its high of Aug 14, 2026 on Oct 20, 2026.

About VFMO

VFMO is actively managed and tracks no index. The prospectus expense ratio is 0.13% a year. By its holdings filed for May 31, 2026, 43% of the fund by weight is stocks the S&P 500 also holds, across 704 positions, with the top ten at 9.5%. It sat 11.5% below its high of Jun 30, 2026 on Oct 20, 2026.

Over the year to Oct 20, 2026 it returned +13.2% with distributions reinvested, against +15.0% for its benchmark, the Russell 3000 Index.

Questions people ask

Which returned more over the last year, IVOG or VFMO?
In the year to Oct 20, 2026, with distributions reinvested, IVOG returned +15.0% and VFMO +13.2%.
Which is cheaper, IVOG or VFMO?
IVOG is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IVOG and VFMO overlap with the S&P 500?
By their latest filed holdings, 3% of IVOG and 43% of VFMO by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, IVOG against VFMO, data as of Oct 20, 2026. https://etfiq.com/compare/any/ivog-vs-vfmo

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.