Data as of Oct 28, 2026.

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VO vs VONG: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VO returned +12.8% to VONG's +1.1%; 9% of their weight is in the same names.

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Net assets on Sep 30, 2026: $103.4bn for Vanguard Morningstar Mid-Cap ETF and $47.1bn for Vanguard Russell 1000 Growth ETF.

At a glance
+12.8%
VO total return, 1 year
+1.1%
VONG total return, 1 year
0.03%
VO expense ratio
0.06%
VONG expense ratio

Pair scorecard

VO costs 0.03 points a year less; their one-year returns differ by 11.7 points; VO is 2.2 times larger.

VO vs VONG: Differences, Returns & Fees
MeasureVOVONG
Return
Total return, 1 year+12.8%+1.1%
Drawdown
Below its high3.1%, high on Aug 14, 20264.8%, high on Oct 6, 2026
Benchmark
What it tracksMorningstar US Mid Cap Index (formerly CRSP US Mid Cap Index)Russell 1000 Growth Index
Cost and size
Expense ratio0.03%0.06%
Net assets, as of Sep 30, 2026$103.4bn$47.1bn
Holdings
Holdings in common9%
Top ten holdings, share of the fund9.7%57.6%

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

What they share

9%

By the books each fund has filed, VO and VONG hold 9% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026.

0 half 100%

half

9% in common

Positions both hold · largest shared weight first VO VONG
Snowflake Inc 0.55% 0.33%
Cloudflare Inc 1.11% 0.33%
Fortinet Inc 0.55% 0.32%
Quanta Services Inc 0.95% 0.28%
Vertiv Holdings Co 0.92% 0.27%
Datadog Inc 0.91% 0.26%
Howmet Aerospace Inc 0.89% 0.26%
Bloom Energy Corp 0.77% 0.23%
Lumentum Holdings Inc 0.86% 0.22%
Robinhood Markets Inc 0.88% 0.21%
Hilton Worldwide Holdings Inc 0.71% 0.21%
DoorDash Inc 0.70% 0.20%
Only in one fund ↓
Only in VO
Hewlett Packard Enterprise Co 0.79%
Warner Bros Discovery Inc 0.73%
SLB Ltd 0.71%
Target Corp 0.70%
General Motors Co 0.67%
Digital Realty Trust Inc 0.64%
American Electric Power Co Inc 0.64%
Air Products and Chemicals Inc 0.61%
Only in VONG
NVIDIA Corp 15.63%
Apple Inc 7.65%
Alphabet Inc 5.88%
Microsoft Corp 5.59%
Broadcom Inc 4.79%
Alphabet Inc 4.75%
Meta Platforms Inc 3.83%
Micron Technology Inc 3.52%
Check overlap with more funds →

Side by side

VO Vanguard Morningstar Mid-Cap ETF VONG Vanguard Russell 1000 Growth ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of Mid-Cap Tracks the Russell 1000 Growth
Total return, 1 year +12.8% +1.1%
Its benchmark over the same days not measured +0.9% (IWF)
Gap to its benchmark not measured +0.2 pts vs IWF
Expense ratio 0.03% 0.06%
Already in the S&P 500 91.1% 95.5%
Holdings 273 373
Net assets, as of Sep 30, 2026 $103.4bn $47.1bn

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

Client brief · page 1 of 2 Report BR-2DDFD4B5C9

VO and VONG do different jobs. What does each one do in a portfolio?

  1. What each follows. VO follows Morningstar US Mid Cap Index (formerly CRSP US Mid Cap Index) and VONG follows Russell 1000 Growth Index.
  2. Holdings in common. 9% of the weight is in the same securities (holdings dated Sep 30, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 VO returned +12.8% and VONG +1.1% with distributions reinvested, a gap of 11.7 points.

Data as of Oct 28, 2026.

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About each fund
VO

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.

VONG

VONG tracks the Russell 1000 Growth. Over the year to Oct 28, 2026 it returned +1.1% with distributions reinvested, against +0.9% for its benchmark, the Russell 1000 Growth Index. The prospectus expense ratio is 0.06% a year. By its holdings published by its issuer as of Sep 30, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 373 positions, with the top ten at 57.6%. It sat 4.8% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, VO or VONG?
In the year to Oct 28, 2026, with distributions reinvested, VO returned +12.8% and VONG +1.1%.
Which is cheaper, VO or VONG?
VO 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 VO and VONG overlap with the S&P 500?
By their latest filed holdings, 91% of VO and 96% of VONG by weight is stocks the S&P 500 already holds.
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ETFIQ, VO against VONG, data as of Oct 28, 2026. https://etfiq.com/compare/any/vo-vs-vong

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