Average Daily Volume
1.62M
Fund Overview
The Vanguard Russell 1000 Growth ETF (VONG) is an exchange-traded fund that seeks to track the performance of the Russell 1000 Growth Index. This index measures the performance of large-cap growth stocks in the United States, which are selected based on their higher price-to-book ratios and forecasted growth values. VONG provides investors with exposure to well-established companies that are expected to grow at an above-average rate compared to the broader market. The fund is passively managed, offering a low-cost way to invest in growth-oriented equities while maintaining diversification across sectors such as technology, healthcare, and consumer discretionary.
- Asset Class
-
Equity
- Industry
-
N/A
- Annual Dividend Rate
-
- Smart Beta
-
Yes
- Leveraged / Inverse
-
N/A / No
- Dividend Quality - Yield
-
- 0.51 %
- Currency Hedged
-
No
- Portfolio Turnover
-
11 %
- Dividend Date
-
Why Invest in the VONG ETF?
Potential Benefits
- Provides exposure to high-growth, large-cap U.S. companies with strong earnings potential.
- Low expense ratio compared to actively managed growth funds, enhancing long-term returns.
- Diversification across multiple sectors reduces single-stock risk.
- Passive management strategy minimizes turnover and associated costs.
- Liquidity is high due to the fund's size and the underlying securities.
- Historically, growth stocks have outperformed value stocks in certain market conditions.
Potential Risks
- Growth stocks can be more volatile, especially during economic downturns.
- Higher valuations may lead to underperformance if growth expectations are not met.
- Concentration in technology and consumer discretionary sectors increases sector-specific risks.
- Interest rate hikes can negatively impact growth stocks due to higher discount rates on future earnings.
- Passive tracking means the fund is exposed to any index methodology flaws.
- Market-cap weighting can lead to heavy exposure to a few large companies.
RSI data unavailable or insufficient history.
Monthly Returns (%)
| Year |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
| 2026 |
-1.4%
|
-3.5%
|
-5.2%
|
+11.9%
|
+7.2%
|
-2.8%
|
-4.6%
|
+3.7%
|
+2.1%
|
+1.5%
|
-
|
-
|
| 2025 |
+1.9%
|
-3.6%
|
-8.4%
|
+1.6%
|
+9.1%
|
+6.4%
|
+3.9%
|
+1.1%
|
+5.2%
|
+3.7%
|
-1.8%
|
-0.6%
|
| 2024 |
+2.4%
|
+6.8%
|
+1.7%
|
-4.2%
|
+6.0%
|
+6.7%
|
-1.7%
|
+2.1%
|
+2.7%
|
-0.3%
|
+6.6%
|
+0.8%
|
| 2023 |
+8.3%
|
-1.3%
|
+6.9%
|
+1.0%
|
+4.6%
|
+6.7%
|
+3.5%
|
-0.9%
|
-5.5%
|
-1.4%
|
+10.9%
|
+4.5%
|
| 2022 |
-8.6%
|
-4.3%
|
+4.0%
|
-12.1%
|
-2.3%
|
-8.0%
|
+11.9%
|
-4.7%
|
-9.5%
|
+5.6%
|
+4.3%
|
-7.5%
|
| 2021 |
-0.7%
|
-0.1%
|
+1.8%
|
+6.9%
|
-1.4%
|
+6.1%
|
+3.3%
|
+3.8%
|
-5.7%
|
+8.7%
|
+0.7%
|
+2.0%
|
| 2020 |
+2.2%
|
-6.7%
|
-10.0%
|
+15.0%
|
+6.7%
|
+4.2%
|
+7.8%
|
+10.2%
|
-4.7%
|
-3.0%
|
+10.1%
|
+4.4%
|
| 2019 |
+8.8%
|
+3.6%
|
+2.8%
|
+4.5%
|
-6.3%
|
+6.9%
|
+2.2%
|
-0.9%
|
+0.2%
|
+2.7%
|
+4.4%
|
+3.0%
|
| 2018 |
+7.0%
|
-2.6%
|
-2.7%
|
+0.2%
|
+4.4%
|
+0.9%
|
+3.0%
|
+5.4%
|
+0.6%
|
-9.0%
|
+0.9%
|
-8.3%
|
| 2017 |
+3.3%
|
+4.1%
|
+1.2%
|
+2.2%
|
+2.6%
|
-0.3%
|
+2.6%
|
+1.8%
|
+1.3%
|
+3.9%
|
+3.0%
|
+0.9%
|
< -5%
-5% to -2%
-2% to 0%
0%
0% to +2%
+2% to +5%
> +5%
Top Holdings (by weight)
| Symbol |
Company Name |
Weight |
|
AAPL
|
APPLE INC |
12.0 % |
|
MSFT
|
MICROSOFT CORP |
10.2 % |
|
NVDA
|
NVIDIA CORP |
10.1 % |
|
AMZN
|
AMAZON.COM INC |
6.9 % |
|
META
|
META PLATFORMS INC CLASS A |
5.1 % |
|
GOOGL
|
ALPHABET INC CLASS A |
3.5 % |
|
AVGO
|
BROADCOM INC |
3.1 % |
|
GOOG
|
ALPHABET INC CLASS C |
2.9 % |
|
TSLA
|
TESLA INC |
2.8 % |
|
LLY
|
ELI LILLY AND CO |
2.6 % |
Top 10 holdings shown, out of 396 total holdings.
Related ETFs: VONG vs Peers
Comparison highlights key differences on cost, coverage, and focus within sector ETFs.
Investment Strategy
VONG aims to replicate the performance of the Russell 1000 Growth Index, a market-cap-weighted index comprising U.S. large-cap growth stocks. The index selects companies based on higher price-to-book ratios and robust long-term growth projections. VONG employs a passive management strategy, meaning it does not attempt to outperform the index but seeks to match its returns closely. The fund primarily holds common stocks of growth-oriented companies, with periodic rebalancing to align with index changes. Rebalancing occurs quarterly, ensuring the fund maintains its target allocations in line with the index methodology.
Frequently Asked Questions
What is the expense ratio of VONG?
VONG has a low expense ratio of 0.08%, making it one of the most cost-effective growth ETFs available.
How often does VONG rebalance its holdings?
VONG rebalances its portfolio quarterly to align with the Russell 1000 Growth Index's composition.
Does VONG pay dividends?
While VONG primarily focuses on capital appreciation, it does pay modest dividends as some holdings may distribute earnings.
What sectors are most represented in VONG?
Technology, healthcare, and consumer discretionary sectors dominate VONG's holdings, reflecting the growth-oriented nature of the index.
Is VONG suitable for conservative investors?
Due to its focus on growth stocks, VONG is better suited for investors with a higher risk tolerance and a long-term investment horizon.
Industry Overview
The Vanguard Russell 1000 Growth ETF (VONG) invests in large-cap U.S. growth stocks, a segment known for its potential to deliver above-average returns during periods of economic expansion. Growth stocks typically reinvest earnings into expansion, innovation, or acquisitions rather than paying dividends, making them attractive for investors seeking capital appreciation. The Russell 1000 Growth Index, which VONG tracks, includes companies with higher price-to-book ratios and strong forecasted growth metrics. This ETF is particularly relevant for investors bullish on sectors like technology, healthcare, and consumer discretionary, which dominate the index. However, growth investing carries higher volatility, making it essential for investors to assess their risk tolerance.
Alternative Comparison
Compared to its peers, VONG stands out for its low expense ratio, making it a cost-effective choice for growth investors. For instance, the iShares Russell 1000 Growth ETF (IWF) has a slightly higher expense ratio, while the Schwab U.S. Large-Cap Growth ETF (SCHG) offers a comparable fee structure. Unlike the Invesco QQQ Trust (QQQ), which focuses exclusively on Nasdaq-listed companies, VONG provides broader exposure across all U.S. exchanges. Additionally, VONG's market-cap weighting differs from equal-weighted alternatives like the Invesco S&P 500 Equal Weight ETF (RSP), which may reduce concentration risk but could underperform during growth-led market rallies.
Issuer Overview
Vanguard is one of the world's largest investment management companies, known for its low-cost index funds and ETFs. Founded by John C. Bogle in 1975, Vanguard pioneered the concept of passive investing, offering investors broad market exposure at minimal expense ratios. The company's client-owned structure aligns its interests with those of its investors, fostering trust and long-term relationships. Vanguard's ETFs, including VONG, are widely regarded for their transparency, liquidity, and adherence to index-tracking strategies.
Conclusion
The Vanguard Russell 1000 Growth ETF (VONG) is a compelling option for investors seeking exposure to high-growth, large-cap U.S. stocks at a low cost. Its passive management strategy, diversified sector exposure, and alignment with the Russell 1000 Growth Index make it a reliable choice for long-term growth-oriented portfolios. However, investors should be mindful of the inherent volatility and sector concentration risks associated with growth investing. Overall, VONG is well-suited for those with a higher risk tolerance and a bullish outlook on the U.S. growth equity market.
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