Which returned more over the last year, VGT or VO?

In the year to Oct 28, 2026, with distributions reinvested, VGT returned +24.7% and VO +12.8%.

Which is cheaper, VGT or VO?

VO is cheaper, by 0.06 percentage points a year. That is about $6 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do VGT and VO overlap with the S&P 500?

By their latest filed holdings, 87% of VGT and 91% of VO by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

VGT vs VO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VGT returned +24.7% to VO's +12.8%; 7% of their weight is in the same names.

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Net assets on Sep 30, 2026: $154.5bn for Vanguard Information Tech ETF and $103.4bn for Vanguard Morningstar Mid-Cap ETF.

VGT on its own →VO on its own →

At a glance

+24.7%

VGT total return, 1 year

+12.8%

VO total return, 1 year

0.09%

VGT expense ratio

0.03%

VO expense ratio

Pair scorecard

VO costs 0.06 points a year less; their one-year returns differ by 11.9 points; VGT is 1.5 times larger.

VGT vs VO: Differences, Returns & Fees
Measure	VGT	VO
Return
Measure	VGT	VO
Total return, 1 year	+24.7%	+12.8%
Drawdown
Measure	VGT	VO
Below its high	4.8%, high on Oct 6, 2026	3.1%, high on Aug 14, 2026
Benchmark
Measure	VGT	VO
What it tracks	MSCI US Investable Market Index (IMI)/Information Technology 25/50	Morningstar US Mid Cap Index (formerly CRSP US Mid Cap Index)
Cost and size
Measure	VGT	VO
Expense ratio	0.09%	0.03%
Net assets, as of Sep 30, 2026	$154.5bn	$103.4bn
Holdings
Measure	VGT	VO
Holdings in common	7%
Top ten holdings, share of the fund	63.6%	9.7%

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

What they share

By the books each fund has filed, VGT and VO hold 7% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026.

50%

0 half 100%

half

7% in common

Positions both hold · largest shared weight first VGT VO

Fortinet Inc 0.46% 0.55%

Snowflake Inc 0.45% 0.55%

Cloudflare Inc 0.45% 1.11%

Hewlett Packard Enterprise Co 0.36% 0.79%

Datadog Inc 0.36% 0.91%

Motorola Solutions Inc 0.31% 0.73%

Lumentum Holdings Inc 0.30% 0.86%

Keysight Technologies Inc 0.27% 0.61%

Teradyne Inc 0.27% 0.62%

Monolithic Power Systems Inc 0.27% 0.62%

TE Connectivity PLC 0.27% 0.60%

Astera Labs Inc 0.23% 0.55%

Only in one fund ↓

Only in VGT

NVIDIA Corp 17.58%

Apple Inc 15.91%

Microsoft Corp 11.16%

Micron Technology Inc 4.45%

Broadcom Inc 4.11%

Advanced Micro Devices Inc 3.67%

Intel Corp 1.98%

Cisco Systems Inc 1.60%

Only in VO

Valero Energy Corp 1.10%

Marathon Petroleum Corp 1.10%

Phillips 66 1.01%

Quanta Services Inc 0.95%

Vertiv Holdings Co 0.92%

Howmet Aerospace Inc 0.89%

Robinhood Markets Inc 0.88%

Constellation Energy Corp 0.84%

Check overlap with more funds →

Side by side

VGT Vanguard Information Tech ETF VO Vanguard Morningstar Mid-Cap ETF

Where it sits Stock ETF Stock ETF

Issuer Vanguard Vanguard

What it is Tracks an index of Information technology Tracks an index of Mid-Cap

Total return, 1 year +24.7% +12.8%

Its benchmark over the same days +25.0% (FTEC) not measured

Gap to its benchmark −0.3 pts vs FTEC not measured

Expense ratio 0.09% 0.03%

Already in the S&P 500 86.8% 91.1%

Holdings 320 273

Net assets, as of Sep 30, 2026 $154.5bn $103.4bn

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

Alert

About each fund

VGT

VGT tracks an index of Information technology. Over the year to Oct 28, 2026 it returned +24.7% with distributions reinvested, against +25.0% for its benchmark, the MSCI US Investable Market Index (IMI)/Information Technology 25/50. The prospectus expense ratio is 0.09% a year. By its holdings published by its issuer as of Sep 30, 2026, 87% of the fund by weight is stocks the S&P 500 also holds, across 320 positions, with the top ten at 63.6%. It sat 4.8% below its high of Oct 6, 2026 on Oct 28, 2026.

VO tracks an index of Mid-Cap. Over the year to Oct 28, 2026 it returned +12.8% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 273 positions, with the top ten at 9.7%. It sat 3.1% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, VGT or VO?: In the year to Oct 28, 2026, with distributions reinvested, VGT returned +24.7% and VO +12.8%.
Which is cheaper, VGT or VO?: VO is cheaper, by 0.06 percentage points a year. That is about $6 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do VGT and VO overlap with the S&P 500?: By their latest filed holdings, 87% of VGT and 91% of VO by weight is stocks the S&P 500 already holds.

Other comparisons

IJH vs VGT VGT vs VXF MDY vs VGT MOAT vs VGT VO vs XLK IYW vs VO FTEC vs VO IGM vs VO

Where to next

VGT on its own →VO on its own →Hold both: look the portfolio through →Rankings →VGT dividend history →VGT holdings →VO dividend history →VO holdings →Standards and sources →

Sources and dates

VGT filings on SEC EDGAR ↗

VGT prospectus with the expense ratio (SEC) ↗

Vanguard page for VGT ↗

VO filings on SEC EDGAR ↗

VO prospectus with the expense ratio (SEC) ↗

Vanguard page for VO ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

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ETFIQ, VGT against VO, data as of Oct 28, 2026. https://etfiq.com/compare/any/vgt-vs-vo

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