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Choosing Between VOO and VOOG: A Better Vanguard ETF Comparison

Choosing Between VOO and VOOG: A Better Vanguard ETF Comparison
  • VOO generally has a lower expense ratio and offers a better dividend yield than VOOG.

  • Over the past year, VOOG has done better in terms of performance, but it has seen a more significant peak-to-trough decline over the last five years.

  • VOOG focuses more on technology and growth stocks, whereas VOO provides a wider range of sector exposure.

  • I found this interesting—10 stocks that could potentially shape the next crop of billionaires.

Vanguard S&P 500 Growth ETF (NYSEMKT:VOOG) is really about growth and has had a successful year, but on the flip side, Vanguard S&P 500 ETF (NYSEMKT:VOO) provides lower fees, higher revenues, and broader access to the U.S. market.

Both VOOG and VOO track large-cap stocks in the U.S., but their strategies differ. VOOG emphasizes growth sectors while VOO covers the entire S&P 500 index. Investors need to look closely at costs and performance to see what fits their investment style better.

Metric

VOOG

VOO

Publisher

Vanguard

Vanguard

Expense Ratio

0.07%

0.03%

1-Year Return (as of Dec 18, 2025)

19.3%

15.4%

Dividend Yield

0.5%

1.1%

Beta

1.10

1.00

AUM

$21.7 billion

$1.5 trillion

Beta measures price volatility compared to the S&P 500. It is determined from five years of weekly returns, and one year’s return reflects the total return over the following 12 months.

VOO is easier to manage with a lower expense ratio of 0.03%, contrasted with VOOG’s 0.07%. Plus, its dividend yield of 1.1% surpasses VOOG’s 0.5% yield.

Metric

VOOG

VOO

Maximum Drawdown (5 years)

(32.73%)

(24.52%)

$1,000 Growth in 5 Years

$1,920

$1,826

VOO aims to accurately reflect the S&P 500 index, currently holding 505 stocks and showing a diverse sector makeup: technology (37%), financial services (12%), and consumer cyclicals (11%). Key holdings include Nvidia at 7.38%, followed by Apple at 7.08%, and Microsoft at 6.25%. This diversification really represents the U.S. economy, which can help to mitigate the volatility from any one sector.

In comparison, VOOG focuses more on growth stocks with a hefty 58% in technology, alongside 12% in consumer cyclicals and 10% in financial services. Its top three investments—Nvidia at 13.53%, Apple at 5.96%, and Microsoft at 5.96%—lead to more concentrated risk and direct exposure to tech trends.

For those who want to understand ETFs better, a detailed guide is available here.

Ultimately, VOOG and VOO target different investor preferences. If stability and broad diversification sound appealing, then VOO is a solid choice. But if you’ve got an appetite for risk and are seeking more growth, then VOOG might be more up your alley.

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