Data as of Oct 28, 2026.

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VGLT vs XLG: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VGLT returned −6.7% to XLG's +6.4%; 0% of their weight is in the same names.

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Net assets: $10.4bn on Sep 30, 2026 for Vanguard Long-Term Treasury ETF, and $11.9bn on Oct 27, 2026 for Invesco S&P 500 Top 50 ETF.

At a glance
−6.7%
VGLT total return, 1 year
+6.4%
XLG total return, 1 year
0.03%
VGLT expense ratio
0.20%
XLG expense ratio

Pair scorecard

VGLT costs 0.17 points a year less; their one-year returns differ by 13.1 points.

VGLT vs XLG: Differences, Returns & Fees
MeasureVGLTXLG
Return
Total return, 1 year−6.7%+6.4%
Drawdown
Below its high38.8%, high on Aug 4, 2020
Benchmark
What it tracksBloomberg U.S. Long Treasury IndexS&P 500 Top 50 Index
Cost and size
Expense ratio0.03%0.20%
Net assets, VGLT as of Sep 30, 2026 and XLG as of Oct 27, 2026$10.4bn$11.9bn
Holdings
Holdings in common0%
In the S&P 500, by weight98%
Top ten holdings, share of the fund60.3%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, VGLT and XLG hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first VGLT XLG
Only in one fund ↓
Only in VGLT
United States Treasury Note/Bond 2.19%
United States Treasury Note/Bond 2.13%
United States Treasury Note/Bond 2.13%
United States Treasury Note/Bond 2.10%
United States Treasury Note/Bond 2.08%
United States Treasury Note/Bond 2.08%
United States Treasury Note/Bond 2.07%
United States Treasury Note/Bond 2.05%
Only in XLG
NVIDIA Corp 12.54%
Apple Inc 12.04%
Microsoft Corp 9.38%
Amazon.com Inc 5.91%
Alphabet Inc 4.47%
Broadcom Inc 3.87%
Alphabet Inc 3.58%
Meta Platforms Inc 3.25%
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Side by side

VGLT Vanguard Long-Term Treasury ETF XLG Invesco S&P 500 Top 50 ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of Long-term Treasury Tracks the S&P 500 top 50
Total return, 1 year −6.7% +6.4%
Its benchmark over the same days −6.7% (SCHQ) +13.7% (IVV)
Gap to its benchmark 0.0 pts vs SCHQ −7.3 pts vs IVV
Expense ratio 0.03% 0.20%
Holdings 102 53
Net assets, VGLT as of Sep 30, 2026 and XLG as of Oct 27, 2026 $10.4bn $11.9bn

VGLT and XLG on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
VGLT

VGLT tracks an index of Long-term Treasury. Over the year to Oct 28, 2026 it returned −6.7% with distributions reinvested, against −6.7% for its benchmark, the Bloomberg U.S. Long Treasury Index. The prospectus expense ratio is 0.03% a year. It sat 38.8% below its high of Aug 4, 2020 on Oct 28, 2026.

XLG

XLG tracks the S&P 500 top 50. Over the year to Oct 28, 2026 it returned +6.4% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.20% a year. By its holdings published by its issuer for Oct 27, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 53 positions, with the top ten at 60.3%.

Questions people ask

Which returned more over the last year, VGLT or XLG?
In the year to Oct 28, 2026, with distributions reinvested, VGLT returned −6.7% and XLG +6.4%.
Which is cheaper, VGLT or XLG?
VGLT is cheaper, by 0.17 percentage points a year. That is about $17 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, VGLT against XLG, data as of Oct 28, 2026. https://etfiq.com/compare/any/vglt-vs-xlg

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