VOOG vs. VONG: Which Vanguard Growth ETF Is the Better Buy?
Portfolio concentration and benchmark differences set these two low-cost growth ETFs apart for investors seeking large-cap exposure.
Overview
Investors comparing Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) and Vanguard S&P 500 Growth ETF (NYSEMKT:VOOG) will find two low-cost funds offering heavy exposure to large-cap technology stocks -- with slight variations in their concentration and benchmark methodology.
Both ETFs provide a solid path to owning some of the fastest-growing companies in the U.S. market. VONG tracks the growth components of a 1,000-stock benchmark, while VOOG filters a narrower list of 500 established large-cap names. Those methodologies create meaningful differences in the number of holdings and, ultimately, in historical performance.
Details
Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-year return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.
Source
Originally published at www.fool.com.