Data as of Oct 28, 2026.

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VO vs VOOG: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VO returned +12.8% to VOOG's +12.1%; 7% 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 $27.8bn for Vanguard S&P 500 Growth ETF.

At a glance
+12.8%
VO total return, 1 year
+12.1%
VOOG total return, 1 year
0.03%
VO expense ratio
0.05%
VOOG expense ratio

Pair scorecard

VO costs 0.02 points a year less; their one-year returns differ by 0.7 points; VO is 3.7 times larger.

VO vs VOOG: Differences, Returns & Fees
MeasureVOVOOG
Return
Total return, 1 year+12.8%+12.1%
Drawdown
Below its high3.1%, high on Aug 14, 20264.1%, high on Oct 6, 2026
Benchmark
What it tracksMorningstar US Mid Cap Index (formerly CRSP US Mid Cap Index)S&P 500 Growth Index
Cost and size
Expense ratio0.03%0.05%
Net assets, as of Sep 30, 2026$103.4bn$27.8bn
Holdings
Holdings in common7%
Top ten holdings, share of the fund9.7%60.2%

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

Risk and return

Sep 17, 2010 to Oct 23, 2026 · 840 weekly returns
VO VOOG
Return
Total return edge VOOG +536.6% +1,043.0%
Annualized edge VOOG +12.1% +16.3%
Price return edge VOOG +399.1% +845.5%
Risk
Volatility edge Tie 17.7% 17.5%
Max drawdown edge VOOG −37.4% −32.0%
Risk-adjusted
Sharpe edge VOOG 0.65 0.86
Sortino edge VOOG 0.93 1.28
Calmar edge VOOG 0.32 0.51
Reading

VOOG returned more: +1,043.0% to +536.6%. VO and VOOG swung about the same: 17.7% and 17.5%. VOOG fell less at its worst: −32.0% to −37.4%.

Full scorecard

9 measures, with how each is measured
Open ↓
Risk and return: VO vs VOOG: Differences, Returns & Fees
MeasureVOVOOGEdgeHow it is measured
Return
Total return+536.6%+1,043.0%VOOGPrice change plus distributions, reinvested.
Annualized+12.1%+16.3%VOOGTotal return as a yearly rate.
Price return+399.1%+845.5%VOOGPrice change alone, distributions left out.
Risk
Volatility17.7%17.5%TieSpread of weekly returns, annualized. Lower is steadier.
Downside deviation12.3%11.7%VOOG (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−37.4%−32.0%VOOGDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.650.86VOOGReturn above Treasury bills per unit of volatility.
Sortino0.931.28VOOGReturn above Treasury bills per unit of downside deviation.
Calmar0.320.51VOOGAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 840 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

7%

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

0 half 100%

half

7% in common

Positions both hold · largest shared weight first VO VOOG
Newmont Corp 0.60% 0.33%
Quanta Services Inc 0.95% 0.26%
Vertiv Holdings Co 0.92% 0.25%
Datadog Inc 0.91% 0.25%
Howmet Aerospace Inc 0.89% 0.24%
Robinhood Markets Inc 0.88% 0.24%
Lumentum Holdings Inc 0.86% 0.23%
Bloom Energy Corp 0.77% 0.22%
Hilton Worldwide Holdings Inc 0.71% 0.19%
Fortinet Inc 0.55% 0.19%
DoorDash Inc 0.70% 0.19%
Monolithic Power Systems Inc 0.62% 0.18%
Only in one fund ↓
Only in VO
Cloudflare Inc 1.11%
Valero Energy Corp 1.10%
Marathon Petroleum Corp 1.10%
Phillips 66 1.01%
Hewlett Packard Enterprise Co 0.79%
Motorola Solutions Inc 0.73%
Warner Bros Discovery Inc 0.73%
SLB Ltd 0.71%
Only in VOOG
NVIDIA Corp 15.01%
Microsoft Corp 10.34%
Apple Inc 6.60%
Alphabet Inc 5.48%
Broadcom Inc 4.54%
Alphabet Inc 4.39%
Meta Platforms Inc 4.34%
Amazon.com Inc 3.52%
Check overlap with more funds →

Side by side

VO Vanguard Morningstar Mid-Cap ETF VOOG Vanguard S&P 500 Growth ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of Mid-Cap Tracks the S&P 500 Growth
Total return, 1 year +12.8% +12.1%
Its benchmark over the same days not measured +12.1% (IVW)
Gap to its benchmark not measured 0.0 pts vs IVW
Expense ratio 0.03% 0.05%
Already in the S&P 500 91.1% 99.8%
Holdings 273 154
Net assets, as of Sep 30, 2026 $103.4bn $27.8bn

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

Client brief · page 1 of 2 Report BR-FF73281219

VO and VOOG 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 VOOG follows S&P 500 Growth Index.
  2. Holdings in common. 7% of the weight is in the same securities (holdings dated Sep 30, 2026).
  3. Size. VO has $103.4bn in net assets and VOOG $27.8bn (net assets, as of Sep 30, 2026); VO is 3.7 times larger.

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.

VOOG

VOOG tracks the S&P 500 Growth. Over the year to Oct 28, 2026 it returned +12.1% with distributions reinvested, against +12.1% for its benchmark, the S&P 500 Growth Index. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 154 positions, with the top ten at 60.2%. It sat 4.1% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, VO or VOOG?
In the year to Oct 28, 2026, with distributions reinvested, VO returned +12.8% and VOOG +12.1%.
Which is cheaper, VO or VOOG?
VO is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do VO and VOOG overlap with the S&P 500?
By their latest filed holdings, 91% of VO and 100% of VOOG by weight is stocks the S&P 500 already holds.
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ETFIQ, VO against VOOG, data as of Oct 28, 2026. https://etfiq.com/compare/any/vo-vs-voog

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