Data as of Oct 28, 2026.

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VOOG vs XLV: Differences, Returns & Fees

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Over the year to Oct 28, 2026, VOOG returned +12.1% to XLV's +25.6%; 6% 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 $47.0bn on Oct 27, 2026 for State Street Health Care Select Sector SPDR ETF.

At a glance
+12.1%
VOOG total return, 1 year
+25.6%
XLV total return, 1 year
0.05%
VOOG expense ratio
0.08%
XLV expense ratio

Pair scorecard

VOOG costs 0.03 points a year less; their one-year returns differ by 13.5 points; XLV is 1.6 times larger.

VOOG vs XLV: Differences, Returns & Fees
MeasureVOOGXLV
Return
Total return, 1 year+12.1%+25.6%
Drawdown
Below its high4.1%, high on Oct 6, 2026
Benchmark
What it tracksS&P 500 Growth IndexHealth Care Select Sector Index
Cost and size
Expense ratio0.05%0.08%
Net assets, as of Sep 30, 2026$27.8bn$43.4bn
Holdings
Holdings in common6%
Top ten holdings, share of the fund60.2%60.6%

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

Risk and return

Sep 17, 2010 to Oct 23, 2026 · 840 weekly returns
VOOG XLV
Return
Total return edge VOOG +1,043.0% +685.0%
Annualized edge VOOG +16.3% +13.6%
Price return edge VOOG +845.5% +498.8%
Risk
Volatility edge XLV 17.5% 15.7%
Max drawdown edge XLV −32.0% −24.3%
Risk-adjusted
Sharpe edge VOOG (slight) 0.86 0.79
Sortino edge VOOG (slight) 1.28 1.16
Calmar edge XLV (slight) 0.51 0.56
Reading

VOOG returned more: +1,043.0% to +685.0%. XLV swung less: 15.7% to 17.5%. XLV fell less at its worst: −24.3% to −32.0%.

Full scorecard

9 measures, with how each is measured
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Risk and return: VOOG vs XLV: Differences, Returns & Fees
MeasureVOOGXLVEdgeHow it is measured
Return
Total return+1,043.0%+685.0%VOOGPrice change plus distributions, reinvested.
Annualized+16.3%+13.6%VOOGTotal return as a yearly rate.
Price return+845.5%+498.8%VOOGPrice change alone, distributions left out.
Risk
Volatility17.5%15.7%XLVSpread of weekly returns, annualized. Lower is steadier.
Downside deviation11.7%10.7%XLV (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−32.0%−24.3%XLVDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.860.79VOOG (slight)Return above Treasury bills per unit of volatility.
Sortino1.281.16VOOG (slight)Return above Treasury bills per unit of downside deviation.
Calmar0.510.56XLV (slight)Annualized 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

6%

By the books each fund has filed, VOOG and XLV hold 6% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

6% in common

Positions both hold · largest shared weight first VOOG XLV
Eli Lilly & Co 2.51% 15.77%
Johnson & Johnson 1.02% 9.96%
AbbVie Inc 0.58% 7.78%
Amgen Inc 0.42% 3.72%
Intuitive Surgical Inc 0.39% 2.42%
Gilead Sciences Inc 0.27% 3.03%
HCA Healthcare Inc 0.17% 1.02%
Boston Scientific Corp 0.12% 1.00%
IDEXX Laboratories Inc 0.11% 0.68%
Stryker Corp 0.11% 1.62%
Veeva Systems Inc 0.07% 0.72%
Edwards Lifesciences Corp 0.06% 0.81%
Only in one fund ↓
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%
Only in XLV
UNITEDHEALTH GROUP INC 5.66%
MERCK + CO. INC. 5.38%
THERMO FISHER SCIENTIFIC INC 3.94%
ABBOTT LABORATORIES 2.74%
PFIZER INC 2.61%
DANAHER CORP 2.23%
VERTEX PHARMACEUTICALS INC 2.03%
BRISTOL MYERS SQUIBB CO 1.93%
Check overlap with more funds →

Side by side

VOOG Vanguard S&P 500 Growth ETF XLV State Street Health Care Select Sector SPDR ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P 500 Growth Tracks an index of Health care
Total return, 1 year +12.1% +25.6%
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% 99.7%
Holdings 154 62
Net assets, VOOG as of Sep 30, 2026 and XLV as of Oct 27, 2026 $27.8bn $47.0bn

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

Client brief · page 1 of 2 Report BR-F78262A57D

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

  1. What each follows. VOOG follows S&P 500 Growth Index and XLV follows Health Care Select Sector Index.
  2. Holdings in common. 6% 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 XLV +25.6% with distributions reinvested, a gap of 13.5 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.

XLV

XLV tracks an index of Health care. Over the year to Oct 28, 2026 it returned +25.6% 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 62 positions, with the top ten at 60.6%.

Questions people ask

Which returned more over the last year, VOOG or XLV?
In the year to Oct 28, 2026, with distributions reinvested, VOOG returned +12.1% and XLV +25.6%.
Which is cheaper, VOOG or XLV?
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 XLV overlap with the S&P 500?
By their latest filed holdings, 100% of VOOG and 100% of XLV by weight is stocks the S&P 500 already holds.
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ETFIQ, VOOG against XLV, data as of Oct 28, 2026. https://etfiq.com/compare/any/voog-vs-xlv

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