Data as of Oct 28, 2026.

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VOOG vs XLC: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VOOG returned +12.1% to XLC's −10.4%; 15% of their weight is in the same names.

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Net assets: $27.8bn on Sep 30, 2026 for Vanguard S&P 500 Growth ETF, and $22.1bn on Oct 27, 2026 for State Street Communication Services Select Sector SPDR ETF.

At a glance
+12.1%
VOOG total return, 1 year
−10.4%
XLC total return, 1 year
0.05%
VOOG expense ratio
0.08%
XLC expense ratio

Pair scorecard

VOOG costs 0.03 points a year less; their one-year returns differ by 22.5 points; VOOG is 1.2 times larger.

VOOG vs XLC: Differences, Returns & Fees
MeasureVOOGXLC
Return
Total return, 1 year+12.1%−10.4%
Drawdown
Below its high4.1%, high on Oct 6, 202613.3%, high on Jan 30, 2026
Benchmark
What it tracksS&P 500 Growth IndexCommunication Services Select Sector Index
Cost and size
Expense ratio0.05%0.08%
Net assets, as of Sep 30, 2026$27.8bn$22.5bn
Holdings
Holdings in common15%
Top ten holdings, share of the fund60.2%75.3%

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

Risk and return

Jun 29, 2018 to Oct 23, 2026 · 434 weekly returns
VOOG XLC
Return
Total return edge VOOG +262.6% +131.1%
Annualized edge VOOG +16.7% +10.6%
Price return edge VOOG +237.4% +113.0%
Risk
Volatility edge XLC (slight) 20.6% 20.0%
Max drawdown edge VOOG −32.0% −45.9%
Risk-adjusted
Sharpe edge VOOG 0.72 0.46
Sortino edge VOOG 1.06 0.66
Calmar edge VOOG 0.52 0.23
Reading

VOOG returned more: +262.6% to +131.1%. XLC swung slightly less: 20.0% to 20.6%. VOOG fell less at its worst: −32.0% to −45.9%.

Full scorecard

9 measures, with how each is measured
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Risk and return: VOOG vs XLC: Differences, Returns & Fees
MeasureVOOGXLCEdgeHow it is measured
Return
Total return+262.6%+131.1%VOOGPrice change plus distributions, reinvested.
Annualized+16.7%+10.6%VOOGTotal return as a yearly rate.
Price return+237.4%+113.0%VOOGPrice change alone, distributions left out.
Risk
Volatility20.6%20.0%XLC (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation13.9%14.0%TieLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−32.0%−45.9%VOOGDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.720.46VOOGReturn above Treasury bills per unit of volatility.
Sortino1.060.66VOOGReturn above Treasury bills per unit of downside deviation.
Calmar0.520.23VOOGAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 434 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

15%

By the books each fund has filed, VOOG and XLC hold 15% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

15% in common

Positions both hold · largest shared weight first VOOG XLC
Alphabet Inc 5.48% 12.27%
Alphabet Inc 4.39% 9.82%
Meta Platforms Inc 4.34% 21.45%
Netflix Inc 0.79% 4.14%
AppLovin Corp 0.21% 4.34%
Take-Two Interactive Software Inc 0.05% 4.80%
Live Nation Entertainment Inc 0.04% 3.87%
Reddit Inc 0.04% 2.83%
EchoStar Corp 0.03% 1.78%
TKO Group Holdings Inc 0.03% 1.47%
Fox Corp 0.02% 1.83%
Fox Corp 0.01% 1.09%
Only in one fund ↓
Only in VOOG
NVIDIA Corp 15.01%
Microsoft Corp 10.34%
Apple Inc 6.60%
Broadcom Inc 4.54%
Amazon.com Inc 3.52%
Micron Technology Inc 3.27%
Advanced Micro Devices Inc 2.71%
Berkshire Hathaway Inc 2.52%
Only in XLC
WALT DISNEY CO 5.33%
COMCAST CORP CLASS A 4.48%
VERIZON COMMUNICATIONS INC 4.45%
AT+T INC 4.20%
T MOBILE US INC 4.17%
OMNICOM GROUP 3.06%
CHARTER COMMUNICATIONS INC A 1.66%
NEWS CORP CLASS A 1.53%
Check overlap with more funds →

Side by side

VOOG Vanguard S&P 500 Growth ETF XLC State Street Communication Services Select Sector SPDR ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P 500 Growth Tracks an index of Communication services
Total return, 1 year +12.1% −10.4%
Its benchmark over the same days +12.1% (IVW) not measured
Gap to its benchmark 0.0 pts vs IVW not measured
Expense ratio 0.05% 0.08%
Already in the S&P 500 99.8% 99.8%
Holdings 154 23
Net assets, VOOG as of Sep 30, 2026 and XLC as of Oct 27, 2026 $27.8bn $22.1bn

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

Client brief · page 1 of 2 Report BR-EE226E2CEE

VOOG and XLC do different jobs. What does each one do in a portfolio?

  1. What each follows. VOOG follows S&P 500 Growth Index and XLC follows Communication Services Select Sector Index.
  2. Holdings in common. 15% of the weight is in the same securities (holdings dated Sep 30, 2026 and Oct 27, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 VOOG returned +12.1% and XLC −10.4% with distributions reinvested, a gap of 22.5 points.

Data as of Oct 28, 2026.

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About each fund
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.

XLC

XLC tracks an index of Communication services. Over the year to Oct 28, 2026 it returned −10.4% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 23 positions, with the top ten at 75.3%. It sat 13.3% below its high of Jan 30, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, VOOG or XLC?
In the year to Oct 28, 2026, with distributions reinvested, VOOG returned +12.1% and XLC −10.4%.
Which is cheaper, VOOG or XLC?
VOOG 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 VOOG and XLC overlap with the S&P 500?
By their latest filed holdings, 100% of VOOG and 100% of XLC by weight is stocks the S&P 500 already holds.
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ETFIQ, VOOG against XLC, data as of Oct 28, 2026. https://etfiq.com/compare/any/voog-vs-xlc

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