EasyCompare

Relative Intelligence · US Large-Cap Growth

How Vanguard Russell 1000 Growth ETF (VONG) compares with the whole market and its popular alternatives

Built by QuantCommons' quantitative engine, this page is about relative opportunity, not data on VONG alone. It places VONG (Vanguard Russell 1000 Growth ETF) against 20+ popular alternatives, its neighboring categories and the entire market of over 10,000 U.S.-listed stocks and ETFs, and surfaces what has done better on consistent outperformance, return for the risk taken, behavior in real market crashes and diversification. The result is a clearer view of where VONG stands in the market, and of the alternatives worth a closer look.

Period covered: VONG's full trading record, from September 2010 through September 2026. The crash tests reach back to 2000 using older funds and the S&P 500. All returns include reinvested dividends. Data as of October 20, 2026.

Data as of October 20, 2026. Full tables and charts read best on a larger screen.

Rank the market against VONG →Chart VONG vs. 23 alternatives →
On this page12 sections

Key findings

How much would $10,000 in VONG have grown?

This chart tracks a hypothetical $10,000 investment in VONG over the past 16 years, with dividends reinvested, alongside the same amount in the S&P 500, investments that ended ahead of VONG over the same span and VONG's popular alternatives, among those that traded for the entire period. A second view covers the past 5 years, the period the better options further down the page are judged on. It shows not only where each investment ended up but also how smooth or uneven the path was.

Note: VONG began trading on September 22, 2010, so the chart cannot reach back to the dot-com bust, the 2008 financial crisis or the 2010 flash crash. It covers the most recent 16 years of VONG's record, starting at the end of September 2010.

Choose a period

From the end of September 2010 to the end of September 2026. The scale is logarithmic, so equal steps up the chart are equal percentage gains. Hover over a fund in the key to pick out its line. 295 of the 2,048 stocks and funds worth at least $500 million that traded the whole period ended ahead of VONG; the chart shows 5, closest alternatives first. The other 3 lines are popular alternatives, shown for context.

$10,000$20,000$50,000$100,000$200,000201020132016201920222025$10,000$20,000$50,000$100,000$200,00020102014201820222026
  • VGT$211,913+2,019% total · +21.0% a year
  • QQQ$172,922+1,629% total · +19.5% a year
  • IWY$130,315+1,203% total · +17.4% a year
  • MGK$127,620+1,176% total · +17.3% a year
  • SCHG$124,338+1,143% total · +17.1% a year
  • SPYG$117,670+1,077% total · +16.7% a year
  • VONG$117,107+1,071% total · +16.6% a year
  • VUG$115,528+1,055% total · +16.5% a year
  • IUSG$111,154+1,012% total · +16.2% a year
  • SPY (S&P 500)$88,503+785% total · +14.6% a year
Change the dates or add tickers to this chart in EasyCompare

From the end of September 2021 to the end of September 2026. Hover over a fund in the key to pick out its line. 914 of the 3,628 stocks and funds worth at least $500 million that traded the whole period ended ahead of VONG; the chart shows 5, closest alternatives first. The other 3 lines are popular alternatives, shown for context.

$5,000$10,000$15,000$20,000$25,000$30,000202120222023202420252026$0$10,000$20,000$30,000202120222023202420252026
  • SPMO$26,579+166% total · +21.6% a year
  • VGT$25,874+159% total · +20.9% a year
  • VLUE$22,395+124% total · +17.5% a year
  • PWB$22,086+121% total · +17.2% a year
  • QQQ$21,295+113% total · +16.3% a year
  • MGK$20,216+102% total · +15.1% a year
  • SCHG$19,862+98.6% total · +14.7% a year
  • VUG$19,143+91.4% total · +13.9% a year
  • SPY (S&P 500)$19,000+90.0% total · +13.7% a year
  • VONG$18,913+89.1% total · +13.6% a year
Change the dates or add tickers to this chart in EasyCompare

VONG at a glance

This section summarizes the key facts about the fund, its returns over periods from one to ten years and the risk it has carried, with dividends reinvested throughout. These figures serve as the baseline for every comparison that follows.

Note: VONG began trading on September 22, 2010, so every figure here, including its worst decline, covers only the time since then. None of them reflect the dot-com bust, the 2008 financial crisis or the 2010 flash crash.

The fund

Issuer
Vanguard
Began trading
September 2010
Expense ratio
0.06%per year
Assets
$56B
Category
Broad Market

Returns

Past 1 year
+4.1%total return
Past 3 years
+88.3%+23.5% a year
Past 5 years
+75.1%+11.9% a year
Past 10 years
+422%+18.0% a year
Best calendar year
+42.7%2023
Worst calendar year
−29.2%2022
Losing years
2 of 15full calendar years

Risk

Volatility
21.7%typical yearly swing, 5 years
Sharpe ratio
0.63return per unit of risk, 5 years
Worst decline ever
−32.7%Dec 2021 to Oct 2022
From its all-time high
−5.2%below the peak

VONG against the whole market

Where VONG ranks among every stock and fund, and what across the market has done better.

How does VONG rank among all ETFs?

This section ranks VONG on return, volatility, risk-adjusted return and worst decline against every ETF worth at least $100 million with enough history. Where the comparisons with its popular alternatives show how VONG stacks up against its peers, these rankings show where it stands in the market as a whole.

Ranked against U.S.-listed ETFs with at least $100M in assets that have enough history for each measure, so the count changes from row to row; smaller ETFs and leveraged funds are left out. Lower volatility and smaller declines rank higher.

MeasureVONGRankStanding
1-year return+4.1%1,627 of 2,485bottom 36%
3-year return+88.3%382 of 1,949top 20%
5-year return+75.1%311 of 1,560top 20%
10-year return+422%33 of 958top 3%
Volatility, 5 years21.7%1,240 of 1,560bottom 22%
Sharpe ratio, 5 years0.63670 of 1,560top 43%
Worst decline, past 10 years−32.7%248 of 951top 26%

What has beaten VONG on both return and risk?

Each dot is an investment, placed by how much it earned a year over the past 5 years (higher is better) and how much its price swung, its volatility (further left is calmer). VONG sits where the dashed lines cross. Anything in the green box above and to the left earned more than VONG with smaller swings, a better trade-off over this period on both counts. Past results are no promise, but a name in the box is worth a closer look.

Annual return is the annualized total return with dividends reinvested, and volatility the annualized swing in daily prices, both over 5 years. Labeled dots are the strongest picks from the table below and the names called out above, colored by how close they sit to VONG; faint dots are 47 more of the 102 in the green region (the strongest, one per fund family). 3,633 stocks and funds worth at least $500 million were screened. Hover over a dot for its figures.

7.5%10.0%12.5%15.0%17.5%20.0%22.5%25.0%27.5%30.0%10.0%12.5%15.0%17.5%20.0%22.5%25.0%27.5%Volatility over 5 years (annualized)Annual return over 5 yearsMore return, less volatility than VONGBKLC: +13.8% a year, volatility 17.3%TD: +15.8% a year, volatility 20.0%RSG: +13.9% a year, volatility 18.5%FNDF: +13.6% a year, volatility 16.3%VYMI: +13.2% a year, volatility 14.8%AVDV: +13.9% a year, volatility 17.4%IOO: +15.7% a year, volatility 17.2%MLPX: +18.6% a year, volatility 19.7%SPUS: +15.0% a year, volatility 19.5%DIVB: +13.9% a year, volatility 15.4%JMOM: +12.9% a year, volatility 19.1%USXF: +13.1% a year, volatility 20.2%VFMF: +14.3% a year, volatility 17.6%DBJP: +20.9% a year, volatility 19.2%EWJV: +14.9% a year, volatility 18.2%DGT: +13.8% a year, volatility 15.1%FYLD: +13.1% a year, volatility 16.0%FIVA: +13.1% a year, volatility 16.4%NXTG: +16.2% a year, volatility 19.1%GVAL: +14.4% a year, volatility 18.7%BRK-B: +13.4% a year, volatility 17.1%FFLC: +15.7% a year, volatility 16.8%KO: +14.7% a year, volatility 16.8%CB: +15.7% a year, volatility 20.4%EPD: +16.4% a year, volatility 17.1%SDCI: +20.6% a year, volatility 18.4%ATO: +14.9% a year, volatility 18.4%L: +14.3% a year, volatility 19.2%HDV: +12.9% a year, volatility 13.0%NI: +15.1% a year, volatility 20.3%AMLP: +16.1% a year, volatility 18.9%FDVV: +13.2% a year, volatility 14.6%DBEF: +13.1% a year, volatility 13.8%ITA: +14.6% a year, volatility 20.4%PNW: +13.4% a year, volatility 19.9%FDL: +13.9% a year, volatility 14.4%EMLP: +14.9% a year, volatility 14.5%GCOW: +14.1% a year, volatility 13.6%IDMO: +13.3% a year, volatility 18.2%FTGC: +12.9% a year, volatility 15.6%WTV: +13.4% a year, volatility 17.0%PWV: +13.5% a year, volatility 14.2%AUSF: +13.2% a year, volatility 13.6%HLAL: +14.0% a year, volatility 18.0%EQL: +13.5% a year, volatility 14.5%IDOG: +14.1% a year, volatility 15.6%FDUS: +13.5% a year, volatility 20.4%VONG: +11.9% a year, volatility 21.7%SPY (S&P 500): +12.7% a year, volatility 17.1%VUG: +12.3% a year, volatility 22.5%SPMO: +18.7% a year, volatility 20.8%VGT: +18.4% a year, volatility 26.0%PWB: +14.8% a year, volatility 22.2%VONV: +11.5% a year, volatility 14.7%VONE: +12.0% a year, volatility 17.2%VLUE: +15.9% a year, volatility 18.4%XLG: +13.8% a year, volatility 18.9%AVLV: +14.0% a year, volatility 16.9%JQUA: +13.6% a year, volatility 15.7%DFAC: +11.4% a year, volatility 17.0%QUAL: +11.4% a year, volatility 17.3%RY: +17.3% a year, volatility 18.2%WMT: +20.8% a year, volatility 22.6%MPLX: +23.5% a year, volatility 18.8%DXJ: +26.6% a year, volatility 19.1%GLD: +17.7% a year, volatility 18.9%ABBV: +26.1% a year, volatility 23.4%FJAN: +11.1% a year, volatility 10.5%BFC: +19.0% a year, volatility 27.3%LVHI: +17.0% a year, volatility 11.1%PVAL: +16.1% a year, volatility 15.1%VONGSPY (S&P 500)SPMOVGTPWBVONVVONEVLUEXLGAVLVJQUAQUALRYWMTMPLXDXJGLDABBVFJANBFCLVHIPVAL5.0%10.0%15.0%20.0%25.0%30.0%10.0%15.0%20.0%25.0%30.0%Volatility over 5 years (annualized)Annual return over 5 yearsMore return, less volatility than VONGBKLC: +13.8% a year, volatility 17.3%TD: +15.8% a year, volatility 20.0%RSG: +13.9% a year, volatility 18.5%FNDF: +13.6% a year, volatility 16.3%VYMI: +13.2% a year, volatility 14.8%AVDV: +13.9% a year, volatility 17.4%IOO: +15.7% a year, volatility 17.2%MLPX: +18.6% a year, volatility 19.7%SPUS: +15.0% a year, volatility 19.5%DIVB: +13.9% a year, volatility 15.4%JMOM: +12.9% a year, volatility 19.1%USXF: +13.1% a year, volatility 20.2%VFMF: +14.3% a year, volatility 17.6%DBJP: +20.9% a year, volatility 19.2%EWJV: +14.9% a year, volatility 18.2%DGT: +13.8% a year, volatility 15.1%FYLD: +13.1% a year, volatility 16.0%FIVA: +13.1% a year, volatility 16.4%NXTG: +16.2% a year, volatility 19.1%GVAL: +14.4% a year, volatility 18.7%BRK-B: +13.4% a year, volatility 17.1%FFLC: +15.7% a year, volatility 16.8%KO: +14.7% a year, volatility 16.8%CB: +15.7% a year, volatility 20.4%EPD: +16.4% a year, volatility 17.1%SDCI: +20.6% a year, volatility 18.4%ATO: +14.9% a year, volatility 18.4%L: +14.3% a year, volatility 19.2%HDV: +12.9% a year, volatility 13.0%NI: +15.1% a year, volatility 20.3%AMLP: +16.1% a year, volatility 18.9%FDVV: +13.2% a year, volatility 14.6%DBEF: +13.1% a year, volatility 13.8%ITA: +14.6% a year, volatility 20.4%PNW: +13.4% a year, volatility 19.9%FDL: +13.9% a year, volatility 14.4%EMLP: +14.9% a year, volatility 14.5%GCOW: +14.1% a year, volatility 13.6%IDMO: +13.3% a year, volatility 18.2%FTGC: +12.9% a year, volatility 15.6%WTV: +13.4% a year, volatility 17.0%PWV: +13.5% a year, volatility 14.2%AUSF: +13.2% a year, volatility 13.6%HLAL: +14.0% a year, volatility 18.0%EQL: +13.5% a year, volatility 14.5%IDOG: +14.1% a year, volatility 15.6%FDUS: +13.5% a year, volatility 20.4%VONG: +11.9% a year, volatility 21.7%SPY (S&P 500): +12.7% a year, volatility 17.1%VUG: +12.3% a year, volatility 22.5%SPMO: +18.7% a year, volatility 20.8%VGT: +18.4% a year, volatility 26.0%PWB: +14.8% a year, volatility 22.2%VONV: +11.5% a year, volatility 14.7%VONE: +12.0% a year, volatility 17.2%VLUE: +15.9% a year, volatility 18.4%XLG: +13.8% a year, volatility 18.9%AVLV: +14.0% a year, volatility 16.9%JQUA: +13.6% a year, volatility 15.7%DFAC: +11.4% a year, volatility 17.0%QUAL: +11.4% a year, volatility 17.3%RY: +17.3% a year, volatility 18.2%WMT: +20.8% a year, volatility 22.6%MPLX: +23.5% a year, volatility 18.8%DXJ: +26.6% a year, volatility 19.1%GLD: +17.7% a year, volatility 18.9%ABBV: +26.1% a year, volatility 23.4%FJAN: +11.1% a year, volatility 10.5%BFC: +19.0% a year, volatility 27.3%LVHI: +17.0% a year, volatility 11.1%PVAL: +16.1% a year, volatility 15.1%VONGSPY (S&P 500)SPMOVGTPWBVONVVLUEXLGAVLVQUALRYWMTMPLXDXJGLDABBVFJANLVHIPVAL
  • Popular alternatives
  • Same and neighboring categories, and shared themes
  • The whole market
  • Others in the green region

Is there a better investment than VONG?

Investments that beat VONG over the past 5 years on return, volatility, drawdowns, consistency, crash losses or fees, from its popular alternatives out to the whole market.

How this works

The table below lists investments that beat VONG over the past 5 years on at least one of these measures: a higher annual return with lower volatility, a higher annual return at similar volatility, a similar return with lower volatility, a higher Sharpe ratio with a smaller worst decline, a higher total return in most periods from 3 months to 10 years, or smaller losses in recent market crashes, and, for funds, the same exposure at a lower expense ratio. It checks VONG's popular alternatives first, then the rest of its own and neighboring categories, then every stock and fund worth at least $500 million, and shows the strongest few in each group. The full list of those with a higher return and lower volatility than VONG follows the table.

Annual return is the annualized total return with dividends reinvested. Annual return, volatility and the Sharpe ratio cover 5 years; the worst decline covers the past 10 years. Green marks a better figure than VONG's. "On the frontier" means no other option shown or tested earned more with less volatility. Funds that hold the same thing are shown once. Beyond the popular alternatives, nothing with more than 1.5× VONG's volatility counts as better.

These figures cover the past 5 years. Green marks a better figure than VONG's.

Screen the whole market against VONG for any period in BetterThanSPYOpen these 21 in EasyCompare
InvestmentWhy it is betterPast 5 yearsDownsideLong runFit
Annual return?higher is betterVolatility?lower is calmerSharpe?return per unit of riskWorst decline?past 10 years10Y returntotalCorr. with VONG?lower diversifies moreExpenseper year
VONGVanguard Russell 1000 Growth ETF · this page
+11.9%21.7%0.63−32.7%+422%1.000.06%
SPYState Street SPDR S&P 500 ETF · S&P 500
+12.7%17.1%0.79−33.7%+321%0.940.09%
Popular alternativesbest 6 shownThe investments people most often weigh against VONG. 16 of 22 passed at least one test.
VUGVanguard Morningstar Growth ETF · US Large-Cap Growth
Higher return in most periodsSame exposure, lower expense ratio+12.3%22.5%0.63−35.6%+419%0.990.03%
SPMOInvesco S&P 500 Momentum ETF · US Momentum Equity
Higher return, similar volatilityHigher return in most periods+18.7%20.8%0.93−30.9%+499%0.810.13%
VGTVanguard Information Technology ETF · Technology Equity
Higher return in most periods+18.4%26.0%0.78−35.1%+779%0.960.09%
PWBInvesco Large Cap Growth ETF · Broad Market
Higher return in most periods+14.8%22.2%0.74−32.4%+409%0.930.55%
VONVVanguard Russell 1000 Value ETF · US Large-Cap Value
Similar return, lower volatility+11.5%14.7%0.82−38.2%+208%0.680.06%
VONEVanguard Russell 1000 ETF · US Large-Cap Equity
Similar return, lower volatility+12.0%17.2%0.75−34.7%+312%0.940.06%
Same and neighboring categories, and shared themesbest 6 shownEverything else in US Large-Cap Growth and US Large-Cap Equity and the categories next to it (US Growth Equity, US Large-Cap Value, US Mid-Cap Equity, US Total Market, US Quality Equity), plus VONG's specific themes. 42 of 64 passed at least one test.
VLUEiShares MSCI USA Value Factor ETF · US Large-Cap Value
Higher return, lower volatilityHigher return in most periods+15.9%18.4%0.90−39.5%+286%0.690.15%
XLGInvesco S&P 500 Top 50 ETF · US Large-Cap Equity
Higher return, lower volatilityHigher return in most periods+13.8%18.9%0.78−30.5%+379%0.980.20%
AVLVAvantis U.S. Large Cap Value ETF · US Large-Cap Value
Higher return, lower volatilityHigher Sharpe, smaller worst decline+14.0%16.9%0.86−19.5%—0.720.15%
JQUAJPMorgan U.S. Quality Factor ETF · US Quality Equity
Higher return, lower volatility+13.6%15.7%0.89−32.9%—0.880.12%
DFACDimensional - US Core Equity 2 ETF · US Total Market
Similar return, lower volatility+11.4%17.0%0.72−23.1%—0.860.21%
QUALiShares MSCI USA Quality Factor ETF · US Quality Equity
Similar return, lower volatility+11.4%17.3%0.71−34.1%+293%0.910.15%
The whole marketbest 8 shownEvery other stock and fund worth at least $500 million. 360 of 3,548 passed at least one test.
RYRoyal Bank of Canada · Banks
On the frontierHigher return, lower volatilityHigher return in most periods+17.3%18.2%0.97−40.0%+352%0.45—
WMTWalmart Inc. · Discount Retail
Higher return, similar volatilityHigher Sharpe, smaller worst declineHigher return in most periods+20.8%22.6%0.96−25.7%+508%0.39—
MPLXMPLX Lp · Oil & Gas Midstream
On the frontierHigher return, lower volatilityHigher return in most periods+23.5%18.8%1.22−75.2%+350%0.28—
DXJWisdomTree Japan Hedged Equity Fund · International Equity
On the frontierHigher return, lower volatilityHigher return in most periods+26.6%19.1%1.34−39.1%+428%0.460.48%
GLDSPDR Gold Shares · Gold
Higher return, lower volatilityHigher Sharpe, smaller worst decline+17.7%18.9%0.96−26.4%+213%0.090.40%
ABBVAbbVie Inc. · Pharmaceuticals
Higher return, similar volatilityHigher return in most periods+26.1%23.4%1.11−45.1%+603%0.04—
FJANFT Vest U.S. Equity Buffer ETF - January · Multi-Asset
On the frontierSimilar return, lower volatilityHigher Sharpe, smaller worst decline+11.1%10.5%1.05−13.6%—0.880.85%
BFCBank First Corporation · Banks - Regional
Higher return in most periodsSmaller losses in recent crashes+19.0%27.3%0.78−39.8%+496%0.19—
What these numbers mean for VONG
Annual return
VONG returned 11.9% a year over the past 5 years with dividends reinvested, against 12.7% a year for the S&P 500. At that pace, $10,000 became about $17,500. Annual return is the steady yearly rate that would produce the same total result, so investments held over the same span compare fairly. Guide: What is performance and return? →
Volatility
VONG's volatility over the past 5 years was 21.7%, 1.3 times the S&P 500's 17.1%. Volatility measures how widely returns swing around their average: in roughly two years out of three, VONG's return lands within 21.7% of its average, either way. The higher it is, the rougher the ride and the harder it is to hold through a slump. Guide: Understanding and measuring risk (volatility) →
Sharpe ratio
VONG's Sharpe ratio over the past 5 years was 0.63, against 0.79 for the S&P 500, so VONG earned less for each unit of risk than an index fund did. The Sharpe ratio is the return earned above cash for each unit of volatility: two investments with the same return are not equal if one got there with far bigger swings. Guide: Balancing reward with risk (Sharpe ratio) →
Worst decline
VONG's worst fall from a peak to a low over the past 10 years was 32.7%, against 33.7% for the S&P 500. Losses and gains are not symmetric: climbing back from a 32.7% fall takes a 48.6% gain. Guide: Market crash risk and tail risk →
Correlation
Over the past 5 years, VONG's monthly returns had a correlation of 0.94 with the S&P 500. Correlation runs from 1 (moving in lockstep) through 0 (unrelated) to −1 (moving in opposite directions). They move almost in lockstep, so holding both adds little diversification. In the table, the correlation column measures each option against VONG instead: the lower it is, the more that option would diversify a VONG holding. Guide: Correlation and diversification →
Show all 102 stocks and funds worth at least $500 million that earned more than VONG with less volatility

Out of 3,633 tested over 5 years. The strongest 57 are listed, best first, with funds that hold the same thing listed once.

#InvestmentFound inAnnual returnVolatilitySharpeWorst decline10Y returnCorr. with VONGExpense
1
RYRoyal Bank of Canada · Banks
Whole market+17.3%18.2%0.97−40.0%+352%0.45—
2
MPLXMPLX Lp · Oil & Gas Midstream
Whole market+23.5%18.8%1.22−75.2%+350%0.28—
3
BKLCBNY Mellon US Large Cap Core Equity ETF · US Large-Cap Equity
Same or nearby category+13.8%17.3%0.84−26.2%—0.960.00%
4
DXJWisdomTree Japan Hedged Equity Fund · International Equity
Whole market+26.6%19.1%1.34−39.1%+428%0.460.48%
5
LVHIFranklin International Low Volatility High Dividend Index ETF · International Equity
Whole market+17.0%11.1%1.48−32.4%+194%0.320.40%
6
TDThe Toronto-Dominion Bank · Banks
Whole market+15.8%20.0%0.84−42.0%+310%0.40—
7
RSGRepublic Services, Inc. · Environmental Services
Whole market+13.9%18.5%0.80−34.0%+446%0.26—
8
GLDSPDR Gold Shares · Gold
Whole market+17.7%18.9%0.96−26.4%+213%0.090.40%
9
FNDFSchwab Fundamental International Large Company Index ETF · International Equity
Whole market+13.6%16.3%0.87−40.2%+194%0.530.25%
10
VYMIVanguard International High Dividend Yield ETF · International Equity
Whole market+13.2%14.8%0.92−40.0%+176%0.470.07%
11
AVDVAvantis International Small Cap Value ETF · International Equity
Whole market+13.9%17.4%0.84−43.0%—0.540.36%
12
IOOiShares Global 100 ETF · Global Equity
Whole market+15.7%17.2%0.94−31.4%+361%0.910.40%
13
PVALPutnam Focused Large Cap Value ETF · US Large-Cap Value
Same or nearby category+16.1%15.1%1.07−41.3%—0.690.56%
14
MLPXGlobal X - MLP & Energy Infrastructure ETF · Energy
Whole market+18.6%19.7%0.97−64.6%+186%0.330.45%
15
VLUEiShares MSCI USA Value Factor ETF · US Large-Cap Value
Same or nearby category+15.9%18.4%0.90−39.5%+286%0.690.15%
16
SPUSSP Funds S&P 500 Sharia Industry Exclusions ETF · Technology
Whole market+15.0%19.5%0.82−30.8%—0.980.45%
17
XLGInvesco S&P 500 Top 50 ETF · US Large-Cap Equity
Same or nearby category+13.8%18.9%0.78−30.5%+379%0.980.20%
18
DIVBiShares Core Dividend ETF · Dividend & Income
Whole market+13.9%15.4%0.93−36.9%—0.670.05%
19
JMOMJPMorgan U.S. Momentum Factor ETF · Broad Market
Whole market+12.9%19.1%0.73−34.3%—0.910.12%
20
USXFiShares ESG Advanced MSCI USA ETF · Broad Market
Whole market+13.1%20.2%0.71−29.6%—0.940.10%
21
VFMFVanguard U.S. Multifactor ETF · Broad Market
Whole market+14.3%17.6%0.85−41.3%—0.670.18%
22
DBJPXtrackers MSCI Japan Hedged Equity ETF · International
Whole market+20.9%19.2%1.09−31.3%+348%0.620.45%
23
AVLVAvantis U.S. Large Cap Value ETF · US Large-Cap Value
Same or nearby category+14.0%16.9%0.86−19.5%—0.720.15%
24
EWJViShares MSCI Japan Value ETF · International
Whole market+14.9%18.2%0.86−30.1%—0.400.15%
25
DGTState Street SPDR Global Dow ETF · International
Whole market+13.8%15.1%0.94−34.4%+261%0.680.50%
26
FYLDCambria Foreign Shareholder Yield ETF · Dividend & Income
Whole market+13.1%16.0%0.85−44.6%+203%0.390.59%
27
FIVAFidelity International Value Factor ETF · International
Whole market+13.1%16.4%0.84−39.7%—0.520.18%
28
NXTGFirst Trust Indxx NextG ETF · Technology
Whole market+16.2%19.1%0.89−33.6%+330%0.780.70%
29
GVALCambria Global Value ETF · International
Whole market+14.4%18.7%0.82−46.8%+173%0.390.68%
30
BRK-BBerkshire Hathaway Inc. · Insurance
Whole market+13.4%17.1%0.82−29.6%+274%0.33—
31
FFLCFidelity Fundamental Large Cap Core ETF · Broad Market
Whole market+15.7%16.8%0.95−19.7%—0.830.38%
32
KOThe Coca-Cola Company · Food & Beverages
Whole market+14.7%16.8%0.91−37.0%+204%0.09—
33
CBChubb Limited · Property & Casualty Insurance
Whole market+15.7%20.4%0.82−42.6%+248%0.07—
34
EPDEnterprise Products Partners L.P. · Oil & Gas Midstream
Whole market+16.4%17.1%0.98−58.1%+178%0.23—
35
SDCIUSCF SummerHaven Dynamic Commodity Strategy No K-1 Fund · Bonds
Whole market+20.6%18.4%1.12−45.7%—-0.030.80%
36
ATOAtmos Energy Corporation · Gas Utilities
Whole market+14.9%18.4%0.85−32.9%+194%0.30—
37
LLoews Corporation · Property & Casualty Insurance
Whole market+14.3%19.2%0.80−48.5%+180%0.24—
38
HDViShares Core High Dividend ETF · US Dividend Equity
Whole market+12.9%13.0%1.00−37.0%+172%0.320.08%
39
NINiSource Inc · Gas Utilities
Whole market+15.1%20.3%0.80−30.9%+158%0.31—
40
AMLPAlerian MLP ETF · Energy Equity
Whole market+16.1%18.9%0.89−72.9%+91.0%0.281.01%
41
FDVVFidelity High Dividend ETF · US Dividend Equity
Whole market+13.2%14.6%0.92−40.2%+253%0.730.15%
42
DBEFXtrackers MSCI EAFE Hedged Equity ETF · International Equity
Whole market+13.1%13.8%0.96−32.5%+206%0.680.35%
43
ITAiShares U.S. Aerospace & Defense ETF · Aerospace & Defense
Whole market+14.6%20.4%0.78−51.0%+258%0.470.37%
44
PNWPinnacle West Capital Corporation · Electric Utilities
Whole market+13.4%19.9%0.73−39.3%+103%0.17—
45
FDLFirst Trust Morningstar Dividend Leaders Index Fund · US Dividend Equity
Whole market+13.9%14.4%0.98−41.4%+199%0.310.43%
46
EMLPFirst Trust North American Energy Infrastructure Fund · Energy Infrastructure
Whole market+14.9%14.5%1.04−43.6%+150%0.410.95%
47
GCOWPacer Global Cash Cows Dividend ETF · International
Whole market+14.1%13.6%1.04−37.6%+168%0.280.60%
48
IDMOInvesco S&P International Developed Momentum ETF · International Equity
Whole market+13.3%18.2%0.78−31.3%+229%0.680.25%
49
FTGCFirst Trust Global Tactical Commodity Strategy Fund · Alternatives
Whole market+12.9%15.6%0.86−35.9%+139%0.030.98%
50
JQUAJPMorgan U.S. Quality Factor ETF · US Quality Equity
Same or nearby category+13.6%15.7%0.89−32.9%—0.880.12%
51
WTVWisdomTree U.S. Value Fund · Broad Market
Whole market+13.4%17.0%0.83−42.2%+303%0.670.12%
52
PWVInvesco Large Cap Value ETF · Broad Market
Whole market+13.5%14.2%0.97−37.6%+223%0.530.55%
53
AUSFGlobal X - Adaptive U.S. Factor ETF · International
Whole market+13.2%13.6%0.99−44.2%—0.530.27%
54
HLALWahed FTSE USA Shariah ETF · Broad Market
Whole market+14.0%18.0%0.82−33.6%—0.950.50%
55
EQLALPS Equal Sector Weight ETF · Broad Market
Whole market+13.5%14.5%0.94−34.2%+387%0.760.19%
56
IDOGALPS International Sector Dividend Dogs ETF · International
Whole market+14.1%15.6%0.93−37.3%+180%0.390.50%
57
FDUSFidus Investment Corporation · Asset Management
Whole market+13.5%20.4%0.72−68.7%+260%0.50—

VONG against its popular alternatives

The investments people most often weigh against VONG, compared period by period and year by year.

How do VONG's risk and return compare with its alternatives?

This map plots each investment's annual return over the past 5 years against its volatility, the size of its typical price swings. Investments toward the upper left earned more for a smoother ride, and those toward the lower right earned less for a rougher one. The dashed lines cross at VONG, which divides the map into what did better or worse on each measure.

Green points earned more than VONG with less volatility; red points earned less with more. Hover over a point for its figures. Total returns with dividends reinvested, annualized.

14.0%16.0%18.0%20.0%22.0%24.0%26.0%28.0%2.0%4.0%6.0%8.0%10.0%12.0%14.0%16.0%18.0%20.0%Volatility over 5 years (annualized)Annual return over 5 yearsHigher return, lower volatilityLower return, higher volatilityVONG: 11.9% a year, volatility 21.7%SPY (S&P 500): 12.7% a year, volatility 17.1%SPMO: 18.7% a year, volatility 20.8%SPYG: 13.3% a year, volatility 21.5%IUSG: 12.9% a year, volatility 21.2%FDG: 8.8% a year, volatility 25.2%VONE: 12.0% a year, volatility 17.2%IWF: 11.7% a year, volatility 21.8%TCHP: 8.4% a year, volatility 23.7%SCHG: 13.2% a year, volatility 22.4%VGT: 18.4% a year, volatility 26.0%QQQ: 14.5% a year, volatility 23.0%MGK: 13.5% a year, volatility 23.0%VUG: 12.3% a year, volatility 22.5%IWY: 13.0% a year, volatility 21.9%PWB: 14.8% a year, volatility 22.2%FBCG: 12.3% a year, volatility 26.1%VONV: 11.5% a year, volatility 14.7%RSP: 8.2% a year, volatility 16.1%FTC: 8.7% a year, volatility 20.6%VOT: 3.6% a year, volatility 21.7%VONGSPY (S&P 500)SPMOSPYGIUSGFDGVONEIWFTCHPSCHGVGTQQQVUGPWBFBCGVONVRSPFTCVOT12.5%15.0%17.5%20.0%22.5%25.0%27.5%0.0%5.0%10.0%15.0%20.0%Volatility over 5 years (annualized)Annual return over 5 yearsHigher return, lower volatilityLower return, higher volatilityVONG: 11.9% a year, volatility 21.7%SPY (S&P 500): 12.7% a year, volatility 17.1%SPMO: 18.7% a year, volatility 20.8%SPYG: 13.3% a year, volatility 21.5%IUSG: 12.9% a year, volatility 21.2%FDG: 8.8% a year, volatility 25.2%VONE: 12.0% a year, volatility 17.2%IWF: 11.7% a year, volatility 21.8%TCHP: 8.4% a year, volatility 23.7%SCHG: 13.2% a year, volatility 22.4%VGT: 18.4% a year, volatility 26.0%QQQ: 14.5% a year, volatility 23.0%MGK: 13.5% a year, volatility 23.0%VUG: 12.3% a year, volatility 22.5%IWY: 13.0% a year, volatility 21.9%PWB: 14.8% a year, volatility 22.2%FBCG: 12.3% a year, volatility 26.1%VONV: 11.5% a year, volatility 14.7%RSP: 8.2% a year, volatility 16.1%FTC: 8.7% a year, volatility 20.6%VOT: 3.6% a year, volatility 21.7%VONGSPY (S&P 500)SPMOSPYGFDGVONEIWFTCHPVGTQQQMGKPWBFBCGVONVRSPFTCVOT
All figures
InvestmentAnnual returnVolatility
SPMO Invesco S&P 500 Momentum ETF+18.7%20.8%
VGT Vanguard Information Technology ETF+18.4%26.0%
PWB Invesco Large Cap Growth ETF+14.8%22.2%
QQQ Invesco QQQ Trust, Series 1+14.5%23.0%
MGK Vanguard Morningstar Mega Cap Growth ETF+13.5%23.0%
SPYG State Street SPDR Portfolio S&P 500 Growth ETF+13.3%21.5%
SCHG Schwab U.S. Large-Cap Growth ETF+13.2%22.4%
IWY iShares Russell Top 200 Growth ETF+13.0%21.9%
IUSG iShares Core S&P U.S. Growth ETF+12.9%21.2%
SPY S&P 500State Street SPDR S&P 500 ETF+12.7%17.1%
VUG Vanguard Morningstar Growth ETF+12.3%22.5%
FBCG Fidelity Blue Chip Growth ETF+12.3%26.1%
VONE Vanguard Russell 1000 ETF+12.0%17.2%
VONG This pageVanguard Russell 1000 Growth ETF+11.9%21.7%
IWF iShares Russell 1000 Growth ETF+11.7%21.8%
VONV Vanguard Russell 1000 Value ETF+11.5%14.7%
FDG American Century Focused Dynamic Growth ETF+8.8%25.2%
FTC First Trust Large Cap Growth AlphaDEX Fund+8.7%20.6%
TCHP T. Rowe Price Blue Chip Growth ETF+8.4%23.7%
RSP Invesco S&P 500 Equal Weight ETF+8.2%16.1%
VOT Vanguard Morningstar Mid-Cap Growth ETF+3.6%21.7%
Open these 21 in EasyCompare

Has VONG consistently beaten its popular alternatives?

This section compares VONG with the investments people most often weigh against it, checking each one over eight periods from one month to ten years. Counting how often an alternative earned more than VONG helps separate lasting outperformance from a single strong stretch.

A green cell means the alternative earned more than VONG over that period. "Qualified" marks those that did so in at least 3 of 5 short-term periods and 2 of 3 long-term periods.

InvestmentPeriods outperformed Short termLong termRisk · 5 yearsFund
1M3M6MYTD1Y3Y5Y10YVolatilitylower is calmerSharpehigher is betterWorst declinepast 10 yearsExpenseAssetsOverlapsame sectors
VONG Vanguard Russell 1000 Growth ETF (this page)—−3.0%+2.6%+3.4%+4.2%+4.1%+88.3%+75.1%+422%21.7%0.63−32.7%0.06%$56B—
SCHG QualifiedSchwab U.S. Large-Cap Growth ETF5/5 short3/3 longAll-weather−1.9%+4.2%+9.4%+9.7%+10.4%+99.2%+85.4%+451%22.4%0.67−34.5%0.04%$63B96%
VGT QualifiedVanguard Information Technology ETF4/5 short3/3 longAll-weather−4.2%+6.3%+19.1%+27.6%+26.7%+138%+133%+779%26.0%0.78−35.1%0.09%$178B56%
QQQ QualifiedInvesco QQQ Trust, Series 14/5 short3/3 longAll-weather−3.2%+3.2%+11.2%+17.4%+17.9%+106%+97.2%+553%23.0%0.71−35.1%0.18%$492B88%
MGK QualifiedVanguard Morningstar Mega Cap Growth ETF4/5 short3/3 longAll-weather−2.6%+4.7%+9.8%+10.8%+11.9%+104%+88.2%+464%23.0%0.67−36.0%0.05%$35B91%
SPMO QualifiedInvesco S&P 500 Momentum ETF3/5 short3/3 long−6.7%−1.6%+11.6%+19.3%+18.1%+156%+136%+499%20.8%0.93−30.9%0.13%$22B84%
VUG QualifiedVanguard Morningstar Growth ETF5/5 short2/3 long−2.5%+4.0%+8.2%+9.8%+10.2%+100%+78.6%+419%22.5%0.63−35.6%0.03%$392B94%
SPYG QualifiedState Street SPDR Portfolio S&P 500 Growth ETF5/5 short2/3 long−2.4%+4.0%+9.9%+13.9%+15.8%+110%+86.5%+418%21.5%0.69−32.7%0.04%$57B95%
VOOG QualifiedVanguard S&P 500 Growth ETF5/5 short2/3 long−2.3%+4.0%+9.9%+13.9%+15.8%+110%+86.0%+416%21.6%0.69−32.7%0.07%$28B96%
IVW QualifiediShares S&P 500 Growth ETF5/5 short2/3 long−2.4%+4.0%+9.8%+13.8%+15.7%+109%+85.3%+413%21.5%0.68−32.7%0.18%$77B95%
IUSG QualifiediShares Core S&P U.S. Growth ETF5/5 short2/3 long−2.3%+3.8%+9.4%+13.9%+15.9%+107%+83.7%+405%21.2%0.68−32.4%0.04%$33B94%
IWY QualifiediShares Russell Top 200 Growth ETF4/5 short2/3 long−3.1%+3.1%+4.0%+4.7%+4.7%+90.1%+83.8%+466%21.9%0.67−32.7%0.20%$16B97%
QQQM QualifiedInvesco NASDAQ 100 ETF4/5 short2/3 long−3.2%+3.3%+11.2%+17.5%+18.0%+106%+98.0%—22.9%0.71−35.0%0.15%$110B88%
PWB QualifiedInvesco Large Cap Growth ETF3/5 short2/3 long−5.2%−0.6%+6.7%+19.2%+20.2%+130%+99.6%+409%22.2%0.74−32.4%0.55%$2.7B—
FBCG QualifiedFidelity Blue Chip Growth ETF3/5 short2/3 long−4.2%+1.7%+6.0%+11.1%+14.0%+114%+78.6%—26.1%0.58−43.5%0.57%$7.6B94%
CGGR Broad MarketCapital Group Growth ETF5/5 short1/3 long−2.2%+3.9%+5.7%+5.7%+5.8%+97.0%————−28.9%0.39%$26B85%
FDG Broad MarketAmerican Century Focused Dynamic Growth ETF1/5 short1/3 long−3.5%+2.0%+0.8%+3.2%+5.4%+113%+52.4%—25.2%0.46−43.7%0.45%$457M78%
VONE Broad MarketVanguard Russell 1000 ETF5/5 short0/3 long−0.6%+3.7%+8.6%+13.0%+15.2%+88.5%+75.9%+312%17.2%0.75−34.7%0.06%$12B75%
VONV Broad MarketVanguard Russell 1000 Value ETF5/5 short0/3 long+1.6%+4.7%+14.1%+22.8%+27.8%+85.1%+72.7%+208%14.7%0.82−38.2%0.06%$23B52%
RSP Broad MarketInvesco S&P 500 Equal Weight ETF4/5 short0/3 long+1.5%+2.0%+6.7%+13.3%+15.5%+65.4%+48.6%+211%16.1%0.57−39.0%0.20%$98B50%
FTC Broad MarketFirst Trust Large Cap Growth AlphaDEX Fund2/5 short0/3 long−2.5%−0.9%+1.7%+7.4%+7.9%+86.4%+51.5%+271%20.6%0.51−34.6%0.58%$1.3B67%
VOT Broad MarketVanguard Morningstar Mid-Cap Growth ETF1/5 short0/3 long−2.0%−0.5%+2.2%+4.0%+0.1%+58.0%+19.6%+201%21.7%0.27−37.2%0.05%$33B63%
IWF Broad MarketiShares Russell 1000 Growth ETF0/5 short0/3 long−3.0%+2.6%+3.3%+4.1%+4.0%+87.7%+74.1%+416%21.8%0.62−32.7%0.18%$125B98%
TCHP Broad MarketT. Rowe Price Blue Chip Growth ETF0/5 short0/3 long−2.8%+2.7%+1.3%+1.5%+2.4%+86.0%+49.8%—23.7%0.46−42.3%0.57%$2.1B92%
Open these 24 in EasyCompare

How did VONG do year by year?

This table shows each investment's total return in every full calendar year since 2011, along with where VONG ranked among its popular alternatives each year. Annual results reveal how consistently each one kept pace with VONG and how far its good and bad years diverged, detail that multiyear averages tend to smooth over.

Note: VONG began trading on September 22, 2010, so the table starts with 2011, its first full calendar year, and cannot show how it fared during the dot-com bust, the 2008 financial crisis or the 2010 flash crash.

Newest year first. Green marks a year in which the fund came out ahead of VONG; gray means the two finished within a fraction of a point. The rank row places VONG among the alternatives that traded the full year; dark green is the top quarter and red the bottom quarter.

InvestmentYears ahead of VONG202520242023202220212020201920182017201620152014201320122011
VONG This pageVanguard Russell 1000 Growth ETF—+18.4%+33.2%+42.7%−29.2%+27.6%+38.3%+36.0%−1.6%+30.1%+7.0%+5.6%+12.9%+33.2%+15.2%+2.4%
Rank among alternativesTop quarter in 2 of 1512 of 219 of 219 of 219 of 208 of 207 of 176 of 179 of 175 of 1710 of 174 of 1614 of 167 of 1611 of 165 of 16
SPY S&P 500State Street SPDR S&P 500 ETF5 of 15+17.7%+24.9%+26.2%−18.2%+28.7%+18.3%+31.2%−4.6%+21.7%+12.0%+1.2%+13.5%+32.3%+16.0%+1.9%
SCHG Schwab U.S. Large-Cap Growth ETF6 of 15+17.4%+34.9%+50.1%−31.8%+28.1%+39.1%+35.9%−1.3%+27.4%+8.9%+3.4%+15.9%+34.4%+16.5%−0.6%
VGT Vanguard Information Technology ETF9 of 15+21.8%+29.3%+52.7%−29.7%+30.5%+46.0%+48.6%+2.4%+37.1%+13.7%+5.0%+18.1%+30.9%+14.0%+0.6%
QQQ Invesco QQQ Trust, Series 111 of 15+20.8%+25.6%+54.9%−32.6%+27.4%+48.6%+39.0%−0.1%+32.7%+7.1%+9.4%+19.2%+36.6%+18.1%+3.4%
MGK Vanguard Morningstar Mega Cap Growth ETF8 of 15+20.7%+32.9%+51.7%−33.6%+28.6%+40.9%+37.4%−2.9%+29.6%+6.6%+3.7%+13.6%+32.6%+17.3%+3.2%
SPMO Invesco S&P 500 Momentum ETF4 of 10+26.6%+45.8%+17.6%−10.4%+22.7%+28.2%+25.9%−0.9%+27.8%+7.4%—————
VUG Vanguard Morningstar Growth ETF5 of 15+19.4%+32.7%+46.8%−33.1%+27.4%+40.2%+37.0%−3.3%+27.8%+6.2%+3.3%+13.6%+32.6%+17.1%+1.8%
SPYG State Street SPDR Portfolio S&P 500 Growth ETF6 of 15+22.1%+36.0%+30.0%−29.4%+32.0%+33.4%+30.8%−0.1%+27.3%+6.9%+5.1%+14.8%+32.5%+14.3%+4.6%
IUSG iShares Core S&P U.S. Growth ETF4 of 15+21.2%+34.7%+29.3%−28.8%+31.3%+32.6%+30.6%−0.8%+27.0%+7.3%+5.0%+12.4%+34.0%+14.9%+1.9%
IWY iShares Russell Top 200 Growth ETF8 of 15+18.2%+34.9%+46.5%−29.9%+31.1%+39.0%+36.2%−0.7%+31.7%+6.9%+7.9%+13.4%+32.4%+14.6%+4.6%
PWB Invesco Large Cap Growth ETF7 of 15+24.9%+31.0%+30.6%−25.8%+19.6%+31.9%+24.7%+0.9%+30.7%+2.9%+7.7%+13.6%+37.4%+18.7%+0.1%
FBCG Fidelity Blue Chip Growth ETF2 of 5+18.6%+39.0%+58.0%−39.1%+21.3%——————————
CGGR Capital Group Growth ETF1 of 3+19.8%+32.1%+42.2%————————————
FDG American Century Focused Dynamic Growth ETF2 of 5+22.1%+45.9%+37.2%−35.7%+8.5%——————————
VONE Vanguard Russell 1000 ETF3 of 15+17.2%+24.5%+26.4%−19.1%+26.5%+20.9%+31.1%−4.8%+21.5%+11.8%+0.7%+13.3%+33.0%+16.2%+1.5%
VONV Vanguard Russell 1000 Value ETF3 of 15+15.8%+14.3%+11.4%−7.6%+25.3%+2.7%+26.5%−8.5%+13.6%+17.1%−3.8%+13.2%+32.6%+16.7%+0.4%
RSP Invesco S&P 500 Equal Weight ETF6 of 15+11.2%+12.8%+13.7%−11.6%+29.4%+12.7%+28.9%−7.8%+18.5%+14.5%−1.7%+15.1%+36.7%+18.6%+0.2%
FTC First Trust Large Cap Growth AlphaDEX Fund3 of 15+15.9%+26.6%+20.7%−23.3%+24.4%+33.3%+28.1%−6.0%+25.3%+2.6%+4.3%+14.3%+37.8%+10.1%−2.8%
VOT Vanguard Morningstar Mid-Cap Growth ETF2 of 15+10.7%+16.4%+23.1%−28.9%+20.5%+34.5%+33.8%−5.6%+21.8%+6.9%−1.1%+13.5%+32.4%+16.0%−3.9%
IWF iShares Russell 1000 Growth ETF0 of 15+18.3%+33.1%+42.6%−29.3%+27.4%+38.3%+35.9%−1.7%+29.9%+7.0%+5.5%+12.7%+33.2%+15.2%+2.3%
TCHP T. Rowe Price Blue Chip Growth ETF2 of 5+18.4%+36.1%+50.1%−37.8%+18.1%——————————
Open these 22 in EasyCompare

Risk and diversification

How VONG has fallen, how it held up in crashes beside the S&P 500 and its popular alternatives, and what moves independently of it.

What were VONG's worst declines?

A drawdown is the decline from a peak to the lowest point before a new high. This section presents VONG's five deepest drawdowns since it began trading in 2010, alongside the S&P 500's return over the same dates, and how long each took to recover. Together, these figures show how much an investor could have lost and how long it took to get back to even.

Note: VONG began trading on September 22, 2010, so this list cannot include the dot-com bust, the 2008 financial crisis or the 2010 flash crash. The crash tests on this page show how older funds and the S&P 500 fared through those years.

Green means VONG fell less than the S&P 500 over the same dates. Based on daily closing prices with dividends reinvested.

DuringVONG fellS&P 500, same datesPeakLowTime to the lowBack at the peakTime to recover
2022 bear market−32.7%−24.2%Dec 2021Oct 202210 monthsDec 202314 months
Covid crash−31.7%−33.7%Feb 2020Mar 20201 monthJun 20203 months
No named crash−23.3%−17.7%Dec 2024Apr 20254 monthsJun 20252 months
Late-2018 sell-off−22.0%−19.2%Oct 2018Dec 20182 monthsApr 20194 months
2011 euro debt crisis−18.0%−18.4%Jul 2011Oct 20113 monthsFeb 20124 months

How did VONG do in stock market crashes?

This section measures how far VONG, the S&P 500 and each alternative fell from peak to trough during every major market crash since 2000. A smaller decline means an investment held up better, and comparing results across crashes shows whether that resilience was consistent or a one-off.

Note: VONG began trading on September 22, 2010, so its row reads "Not yet trading" for the dot-com bust, the 2008 financial crisis or the 2010 flash crash. The older alternatives and the S&P 500 show how those crashes played out.

Newest crash first. Each figure is the fund's deepest fall within the crash window; green means a smaller fall than VONG.

InvestmentHeld up better2023 regional bank crisisMar 20232022 bear marketJan 2022Covid crashFeb 2020Late-2018 sell-offSep 2018February 2018 volatility shockFeb 20182015 China and oil sell-offAug 20152011 euro debt crisisJul 20112010 flash crashMay 20102008 financial crisisOct 2007Dot-com bustMar 2000
VONG This pageVanguard Russell 1000 Growth ETF—−3.5%−31.2%−31.7%−22.0%−6.4%−13.4%−17.8%Not yet tradingNot yet tradingNot yet trading
SPY S&P 500State Street SPDR S&P 500 ETF3 of 7−3.4%−24.5%−33.7%−19.3%−6.5%−12.8%−17.9%−1.5%−55.2%−47.5%
SCHG Schwab U.S. Large-Cap Growth ETF0 of 7−3.6%−32.2%−32.3%−21.6%−6.4%−16.2%−20.2%−1.8%——
VGT Vanguard Information Technology ETF0 of 7−3.5%−33.6%−31.8%−23.7%−6.6%−16.4%−18.1%−2.1%−54.6%—
QQQ Invesco QQQ Trust, Series 12 of 7−3.1%−33.4%−28.6%−22.7%−6.8%−16.1%−16.1%−2.5%−53.4%−83.0%
MGK Vanguard Morningstar Mega Cap Growth ETF2 of 7−3.3%−33.9%−31.2%−22.6%−6.3%−15.0%−16.8%−2.0%——
SPMO Invesco S&P 500 Momentum ETF3 of 5−2.4%−22.7%−30.9%−23.4%−6.7%—————
VUG Vanguard Morningstar Growth ETF0 of 7−3.5%−33.7%−31.8%−22.3%−6.2%−15.2%−18.3%−2.0%−50.7%—
SPYG State Street SPDR Portfolio S&P 500 Growth ETF3 of 7−3.0%−31.3%−31.3%−20.6%−6.4%−13.4%−16.3%−2.6%−51.3%—
IUSG iShares Core S&P U.S. Growth ETF1 of 7−3.0%−30.8%−32.4%−20.7%−6.5%−14.1%−18.9%−2.1%−51.8%—
IWY iShares Russell Top 200 Growth ETF3 of 7−3.1%−31.5%−30.8%−22.2%−6.5%−12.3%−15.8%−2.3%——
PWB Invesco Large Cap Growth ETF2 of 7−3.6%−29.1%−32.4%−20.5%−6.4%−13.8%−20.7%−2.0%−52.6%—
FBCG Fidelity Blue Chip Growth ETF0 of 2−4.6%−38.8%————————
CGGR Capital Group Growth ETF0 of 1−4.6%—————————
FDG American Century Focused Dynamic Growth ETF0 of 2−4.4%−37.3%————————
VONE Vanguard Russell 1000 ETF2 of 7−3.8%−24.9%−34.7%−19.7%−6.3%−13.5%−18.8%———
VONV Vanguard Russell 1000 Value ETF2 of 7−4.6%−18.9%−38.1%−18.1%−6.4%−14.2%−19.0%———
RSP Invesco S&P 500 Equal Weight ETF2 of 7−5.4%−21.4%−39.0%−19.8%−6.1%−14.8%−21.3%−1.6%−59.1%—
FTC First Trust Large Cap Growth AlphaDEX Fund1 of 7−4.4%−27.3%−34.6%−24.7%−6.2%−15.1%−20.6%−2.6%−54.2%—
VOT Vanguard Morningstar Mid-Cap Growth ETF1 of 7−5.2%−32.1%−36.2%−21.5%−6.2%−20.8%−25.0%−2.8%−60.2%—
IWF iShares Russell 1000 Growth ETF0 of 7−3.4%−31.2%−31.5%−21.9%−6.4%−13.4%−18.2%−2.0%−51.2%—
TCHP T. Rowe Price Blue Chip Growth ETF0 of 2−3.8%−37.2%————————
Open these 22 in EasyCompare

How closely does VONG move with the S&P 500?

Upside capture measures how much of the S&P 500's gains an investment kept in the months the market rose, and downside capture how much of its losses it took in the months the market fell. An investment that captures more of the gains than the losses has compounded ahead of the market over time. This section compares VONG with its popular alternatives on both measures, and on beta (how strongly each has moved with the market), over the past 10 years.

Monthly total returns over the past 10 years, measured against SPY. 100% capture or a beta of 1.00 means moving in line with the S&P 500. Green marks a better figure than VONG's: more upside, less downside or a higher capture ratio. Sorted by capture ratio.

InvestmentUpside captureDownside captureCapture ratioBeta
VONG This pageVanguard Russell 1000 Growth ETF111%104%1.071.10
SPMO Invesco S&P 500 Momentum ETF102%76%1.350.99
VGT Vanguard Information Technology ETF130%104%1.251.22
QQQ Invesco QQQ Trust, Series 1118%102%1.161.13
PWB Invesco Large Cap Growth ETF106%95%1.121.07
IWY iShares Russell Top 200 Growth ETF113%102%1.101.09
MGK Vanguard Morningstar Mega Cap Growth ETF115%107%1.071.14
SPYG State Street SPDR Portfolio S&P 500 Growth ETF109%102%1.071.08
SCHG Schwab U.S. Large-Cap Growth ETF114%107%1.061.12
IWF iShares Russell 1000 Growth ETF110%104%1.061.10
IUSG iShares Core S&P U.S. Growth ETF109%103%1.051.08
VUG Vanguard Morningstar Growth ETF113%108%1.041.13
VONE Vanguard Russell 1000 ETF100%102%0.981.02
FTC First Trust Large Cap Growth AlphaDEX Fund98%103%0.951.08
VONV Vanguard Russell 1000 Value ETF88%99%0.880.93
RSP Invesco S&P 500 Equal Weight ETF92%107%0.861.01
VOT Vanguard Morningstar Mid-Cap Growth ETF95%113%0.841.12
Open these 17 in EasyCompare

What diversifies VONG?

Correlation measures how closely two investments move together, on a scale from 1 (in lockstep) through 0 (unrelated) to -1 (in opposite directions). This section lists large ETFs and stocks whose returns have had a low correlation with VONG's. Because such investments tend not to fall at the same time, pairing VONG with them can reduce a portfolio's overall swings.

Only ETFs with at least $1.0B in assets and stocks worth at least $10B, with a correlation below 0.5 over the past 5 years and a positive return, are included, ranked by Sharpe ratio; funds that hold the same thing are shown once. The year columns are the years in which VONG lost money. The last two columns show a portfolio that is 80% VONG and 20% the other investment, rebalanced monthly.

ETFs

InvestmentCorrelation5Y returnSharpe2022201880/20 mix volatility80/20 mix annual return
VONG Vanguard Russell 1000 Growth ETF (this page)1.00+75.1%0.63−29.2%−1.6%19.2%+13.6%
LVHI InternationalFranklin International Low Volatility High Dividend Index ETF0.32+119%1.48+3.8%−5.2%16.1%+14.5%
DXJ InternationalWisdomTree Japan Hedged Equity Fund0.46+225%1.34+6.0%−19.8%16.7%+16.4%
EMLP Broad MarketFirst Trust North American Energy Infrastructure Fund0.41+101%1.04+10.4%−8.7%16.8%+14.3%
EWP Broad MarketiShares MSCI Spain ETF0.37+140%0.97−5.2%−15.3%17.1%+15.4%
GLD CommoditiesSPDR Gold Shares0.09+126%0.96−0.8%−1.9%16.0%+15.1%
XLE EnergyState Street Energy Select Sector SPDR ETF0.07+177%0.93+64.4%−18.2%16.6%+16.3%
AMLP EnergyAlerian MLP ETF0.28+111%0.89+25.5%−12.6%16.8%+15.0%
EFV InternationaliShares MSCI EAFE Value ETF0.43+89.0%0.88−5.2%−14.7%16.9%+14.0%

Stocks

InvestmentCorrelation5Y returnSharpe2022201880/20 mix volatility80/20 mix annual return
VONG Vanguard Russell 1000 Growth ETF (this page)1.00+75.1%0.63−29.2%−1.6%19.2%+13.6%
CAH Medical - DistributionCardinal Health, Inc.0.20+479%1.55+54.1%−24.5%17.2%+18.9%
MCK Medical - DistributionMcKesson Corporation0.06+413%1.44+51.8%−28.4%16.4%+18.4%
MPC Oil & Gas Refining & MarketingMarathon Petroleum Corporation0.12+690%1.41+86.6%−8.2%17.4%+21.0%
HWM Aerospace & DefenseHowmet Aerospace Inc.0.41+594%1.36+24.2%−37.5%19.3%+20.9%
ATI Manufacturing - Metal FabricationATI Inc.0.23+1,008%1.34+87.5%−9.8%19.9%+24.1%
Open these 14 in EasyCompare

Common questions

What was VONG's worst drawdown?

VONG's deepest decline since it began trading in 2010 was 32.7%, from December 2021 to October 2022. It took 14 months from the low to climb back to its old high. Because VONG launched in September 2010, that record does not include the dot-com bust, the 2008 financial crisis or the 2010 flash crash.

What were VONG's best and worst years?

Over 15 full calendar years, VONG's best year was 2023, when it returned 42.7%. Its worst was 2022, with a return of -29.2%.

Is there a better investment than VONG?

Among VONG's popular alternatives, VONV matched VONG's return over the past 5 years (11.5% a year against 11.9%) with 32% less volatility. VUG tracks the same thing for 0.03% a year against VONG's 0.06%, and has kept pace over the past decade: about $30 less in fees on $10,000 over 10 years.

Is VONG more volatile than the S&P 500?

Yes. VONG's volatility over the past 5 years was 21.7%, 1.3 times the S&P 500's 17.1%. Volatility measures how widely returns swing around their average: in roughly two years out of three, VONG's return lands within 21.7% of its average, either way. The higher it is, the rougher the ride and the harder it is to hold through a slump.

What is VONG's Sharpe ratio?

VONG's Sharpe ratio over the past 5 years was 0.63, against 0.79 for the S&P 500, so VONG earned less for each unit of risk than an index fund did. The Sharpe ratio is the return earned above cash for each unit of volatility: two investments with the same return are not equal if one got there with far bigger swings.

How correlated is VONG with the S&P 500?

Over the past 5 years, VONG's monthly returns had a correlation of 0.94 with the S&P 500. Correlation runs from 1 (moving in lockstep) through 0 (unrelated) to −1 (moving in opposite directions). They move almost in lockstep, so holding both adds little diversification. In the table, the correlation column measures each option against VONG instead: the lower it is, the more that option would diversify a VONG holding.

What are the best alternatives to VONG?

Of the 23 popular alternatives we compared, 14 outperformed VONG in at least 3 of 5 short-term and 2 of 3 long-term timeframes, with dividends reinvested: SCHG, VGT and QQQ.

Did VONG outperform the S&P 500?

VONG finished ahead of the S&P 500 (SPY) in eight of 15 full calendar years. In 2025, it returned +18.4%, against +17.7% for the index.

How did VONG do in stock market crashes?

VONG fell less than the S&P 500 (SPY) in one of the seven major crashes it has traded through, and further in three. The clearest case was the 2022 bear market, when VONG fell 31.2% and the S&P 500 fell 24.5%.

What diversifies VONG?

These had a low correlation with VONG over the past 5 years and still earned a positive 5-year return: among large ETFs, LVHI (correlation 0.32), DXJ (correlation 0.46) and EMLP (correlation 0.41); among large stocks, CAH (correlation 0.20), MCK (correlation 0.06) and MPC (correlation 0.12). A correlation near zero means the two have moved largely independently.

How we measure

More research

Popular alternatives to VONG

Other stocks and ETFs