voog stock Guide: Vanguard S&P 500 Growth ETF

VOOG (Vanguard S&P 500 Growth ETF) — Wiki Article Structure

Lead / Intro

voog stock refers to the Vanguard S&P 500 Growth Index Fund ETF Shares (ticker: VOOG), an exchange-traded fund listed on NYSE Arca that seeks to track the S&P 500 Growth Index by providing exposure to U.S. large-cap growth companies. VOOG is a traditional equity ETF (not a cryptocurrency or token). This article summarizes VOOG’s purpose, structure, holdings, fees, performance and practical trading information so readers can quickly find authoritative facts and where to look for current metrics. As of 2026-01-24, according to Benzinga, Vanguard SP 500 Growth ETF (VOOG) had a market capitalization of $21.97 billion and an average annualized return of 16.59% over the past 10 years; additional dated metrics appear throughout this article.

Fund Overview

VOOG is designed to offer investors targeted exposure to the growth segment of the S&P 500 — effectively a large-cap U.S. growth equity sleeve derived from the S&P 500 universe. The fund is positioned in Vanguard’s ETF lineup as a style-tilt product for investors seeking concentrated growth exposure rather than the broad-market coverage of a total S&P 500 ETF. VOOG is typically used by investors who want to overweight growth names (technology, communication services, consumer discretionary) within a diversified portfolio or as a complement to value-focused funds.

VOOG is passively managed to track the S&P 500 Growth Index and is commonly held by individual and institutional investors seeking transparent, low-cost index exposure to U.S. large-cap growth stocks.

Key Facts and Metrics

• Ticker: VOOG
• Exchange: NYSE Arca
• Issuer / Sponsor: Vanguard
• Inception date: September 7, 2010
• Expense ratio: 0.10% (expense ratios can change; verify with official Vanguard materials)
• Assets under management (AUM) / Market cap: $21.97 billion (As of 2026-01-24, according to Benzinga)
• Number of holdings: typically a few hundred (reflecting the S&P 500 Growth Index constituents; check the fund factsheet for the exact count as of today)
• Primary benchmark: S&P 500 Growth Index
• Distribution frequency: quarterly (typical for Vanguard equity ETFs)
• Primary trading currency: USD

Note: Shares outstanding, CUSIP and live NAV change frequently. Always consult the fund prospectus or Vanguard product page for the most current identifiers and counts.

History and Development

Launched on September 7, 2010, VOOG was introduced to provide investors a means to track the growth segment of the S&P 500 using an ETF wrapper. Since inception, the fund has experienced periodic changes typical of passively managed ETFs: modest expense-ratio adjustments, growth in assets under management as passive allocation to growth stocks increased, and occasional rebalances to mirror changes in the S&P 500 Growth Index methodology.

Key milestones include steady AUM growth during periods of strong mega-cap growth performance and updates aligned to index reconstitutions. Over the 2010s and early 2020s, VOOG benefited from the performance leadership of large-cap technology and internet-related companies, contributing to material inflows. As of 2026-01-24, Benzinga reported VOOG’s market cap/AUM at $21.97 billion and an annualized 10-year return of 16.59%.

Investment Objective and Strategy

VOOG’s stated objective is to track the S&P 500 Growth Index. The ETF follows a passive, index-tracking approach rather than seeking alpha through active security selection. Vanguard typically uses full replication or representative sampling to assemble holdings that closely match the index composition and weightings. The fund’s operations focus on minimizing tracking error relative to the S&P 500 Growth Index by maintaining similar sector and security weightings and by handling cash flows, sampling and rebalancing in a disciplined way.

Practical notes on strategy enforcement:

• Rebalancing cadence follows changes to the underlying index.
• Large inflows or outflows are managed via in-kind creation/redemption and selective trading to avoid significant market impact.
• Vanguard uses passive portfolio management techniques and tax-efficient share creation/redemption mechanics to keep operating costs low.

Index Methodology

The S&P 500 Growth Index is derived from the broader S&P 500 and classifies constituents as “growth” or “value” based on a set of style scores. The index construction evaluates factors such as historical and projected earnings growth, sales growth, and momentum metrics. Stocks within the S&P 500 are assigned growth and value scores; those with higher growth characteristics are included in the growth index.

Key methodological points:

• Classification: The index uses a rules-based, quantitative process to classify constituents as growth or value.
• Factor inputs: Common inputs include earnings growth, sales growth, and price momentum — each quantified and combined to form a growth score.
• Weighting: Constituents are typically market-cap weighted within the growth index, meaning larger-cap growth stocks carry proportionally larger weights.
• Reconstitution: Periodic reconstitution updates the list and weights in response to changes in underlying company fundamentals and market capitalization.

Because the methodology tilts toward firms with above-average growth characteristics, the index (and by extension VOOG) tends to overweight technology and communication services relative to the broad S&P 500.

Portfolio Composition

VOOG’s portfolio reflects the S&P 500 Growth Index composition: hundreds of companies drawn from the S&P 500 but concentrated in growth-oriented sectors. The ETF’s profile typically displays a high concentration in mega-cap growth names and elevated weights in technology, communication services, and consumer discretionary sectors.

Typical portfolio characteristics (subject to change):

• Number of holdings: several hundred (index-derived)
• Sector concentration: technology and communication services often represent the largest combined allocation
• Top holdings concentration: the top 10 holdings frequently represent a material share of total assets because the index is market-cap weighted and growth leadership is concentrated in mega-cap firms

Top Holdings

VOOG’s top holdings generally include the largest S&P 500 companies classified as growth names. Typical holdings in the top 10 (frequent examples) include:

• NVIDIA
• Apple
• Microsoft
• Broadcom
• Alphabet (Class A / Class C)
• Meta Platforms
• Amazon
• Tesla
• Eli Lilly
• Others depending on reconstitution

Combined, the top-10 weights may represent a sizeable portion of fund assets — a factor that helps explain the ETF’s sensitivity to moves in mega-cap growth stocks. Specific weights change with market movements and index rebalances; check the daily holdings report for current weightings.

Sector Allocation

VOOG is commonly overweight in:

• Information Technology
• Communication Services
• Consumer Discretionary

Compared with a broad S&P 500 ETF, VOOG typically has lower weights in more cyclical or value-tilted sectors such as financials, energy and utilities. This sector profile influences both potential returns and risk: higher growth exposure can drive outsized gains in bull markets but may increase drawdowns and volatility in periods where growth underperforms.

Performance

Historical performance for VOOG reflects the performance of large-cap growth names. Over the long term, the fund’s returns have been driven by its concentration in high-growth mega-cap companies that have delivered significant earnings and price appreciation.

As of 2026-01-24, according to Benzinga:

• 10-year annualized return: 16.59% (VOOG outperformed the broader market by 2.73% on an annualized basis over the past 10 years, per Benzinga’s automated report)
• Market price reported in the Benzinga snapshot: $443.82 (price at time of reporting)
• Illustrative growth example from Benzinga: $100 invested in VOOG 10 years prior would be worth approximately $456.34 based on the price cited at the time of reporting

Note: Benzinga’s automated article and feed provided the 10-year annualized return and market cap figures cited above. For up-to-date periodic returns (1Y / 3Y / 5Y / 10Y), consult the Vanguard product page, the fund’s prospectus and independent data providers.

Notable performance drivers

• Concentration in mega-cap technology and internet platform companies has been the principal driver of VOOG’s recent outperformance years.
• Momentum effects in high-growth names and sector rotations materially influence short- and medium-term returns.

NAV vs. Market Price / Tracking Error

Key concepts:

• NAV (Net Asset Value): The per-share value of the ETF’s holdings calculated at the end of each trading day.
• Market price: The price at which the ETF trades intraday on the exchange; may trade at a premium or discount to NAV.
• IIV / IOPV (Intraday Indicative Value / Intraday Optimized Portfolio Value): An intraday estimate of the ETF’s NAV used by market participants to monitor deviations between market price and NAV.

VOOG typically exhibits low tracking error versus the S&P 500 Growth Index thanks to its passive replication and Vanguard’s management process. Short-term divergences between market price and NAV can occur during periods of market stress, low liquidity in underlying securities, or rapid intraday price movements in the largest holdings. Authorized participants and market makers generally arbitrage away large and persistent premiums/discounts through in-kind creation/redemption.

Fees, Distributions and Taxation

• Expense ratio: 0.10% (verify with Vanguard for the current figure).
• Distribution policy: VOOG generally pays dividends quarterly; the yield varies with the dividend policies of the underlying companies and the fund’s cash holdings.
• Tax considerations (high-level):
  • U.S. taxable accounts: dividends (qualified and non-qualified) and capital gains may generate tax events; ETFs’ in-kind creation/redemption mechanics often improve tax efficiency compared with mutual funds, but distributions still occur.
  • Non-U.S. investors: withholding taxes on U.S.-source dividends may apply depending on local tax treaties and investor domicile; consult a tax professional.

This section is informational and not tax advice. Investors should consult tax advisors for personalized guidance.

Trading Information

• Primary exchange: NYSE Arca
• Ticker: VOOG
• Trading currency: USD
• Liquidity considerations: VOOG is a widely held ETF with regular trading volume. Average daily volume and bid/ask spreads fluctuate with market conditions; check real-time market data before trading.
• How to purchase: VOOG can be bought and sold during U.S. market hours through brokerage accounts that support NYSE Arca listings. For users of crypto-native services and wallet solutions, Bitget provides brokerage-like services and routing for a variety of financial access needs; for ETF purchases of U.S.-listed securities, use a regulated brokerage account that provides access to NYSE Arca.

When trading VOOG, attention to order type (market vs. limit), trade size and prevailing spread helps minimize execution cost. Use of limit orders is common when managing execution price on ETFs with notable intraday volatility.

Risk Profile

Principal risks associated with VOOG include:

• Market risk: As an equity ETF, VOOG is subject to general equities market declines.
• Sector and concentration risk: Heavy tilt toward technology and a handful of mega-cap growth companies increases sensitivity to sector-specific shocks and to the fortunes of top holdings.
• Style risk: The growth orientation means VOOG may underperform in value-led market regimes.
• Volatility risk: Growth ETFs often exhibit higher volatility than broad-market, value-tilted, or diversified funds.

Quantitative risk measures (e.g., beta, historical volatility) vary over time — consult current fund reports and risk statistics for up-to-date metrics.

Use Cases and Portfolio Role

Common investor uses for VOOG stock include:

• Core large-cap growth sleeve: an allocation specifically to growth-oriented large caps within a broader equity allocation.
• Complement to broad S&P 500 funds: investors may pair VOOG with broad-market ETFs to overweight growth exposures while maintaining core exposure.
• Tactical overweight to growth: used to express a near-term or medium-term view favoring growth factors.
• Style-balancing: held with a value ETF to implement value-growth tilts.

These use cases are descriptive of common practice and not investment advice.

Comparison with Related Funds and Peers

Key comparisons to consider (high-level):

• VOO (Vanguard S&P 500 ETF): Tracks the full S&P 500; broader exposure including both growth and value — VOOG is a style-tilted subset focused on growth.
• VUG (Vanguard Growth ETF): Broader growth exposure across the entire U.S. market-cap spectrum (not limited to S&P 500 growth constituents); methodology and holdings differ from VOOG’s S&P 500 Growth index approach.
• VOOV (Vanguard S&P 500 Value ETF): The style counterpart to VOOG within the S&P 500; VOOV is value-tilted whereas VOOG is growth-tilted.

Differences to evaluate include index methodology, concentration profile, sector weights, expense ratios and investor suitability based on desired exposure and tax/account considerations.

Management and Governance

VOOG is managed by Vanguard’s passive indexing group (Vanguard Equity Index Group). Governance and oversight follow Vanguard’s standard ETF governance model, including a fund board that oversees compliance with investment objectives and regulatory obligations. The fund operates under Vanguard’s shareholder servicing and reporting frameworks with publicly available prospectus documents and regular regulatory filings.

Regulatory, Listing and Identifiers

• Listing venue: NYSE Arca
• Regulatory status: VOOG is a registered U.S. ETF subject to SEC rules and U.S. securities laws; it publishes a prospectus, annual and semi-annual reports, and regular regulatory filings.
• Identifiers: For identifiers such as CUSIP and exact share counts, consult the official Vanguard product page and the fund prospectus. These identifiers change over time and are published in official filings.

Criticisms, Limitations and Considerations

Balanced points to keep in mind:

• Concentration risk: VOOG often concentrates weight in a handful of mega-cap names, exposing holders to idiosyncratic risk if those companies underperform.
• Style sensitivity: In market environments favoring value or cyclical sectors, VOOG can materially lag broad indexes.
• Limited active flexibility: As a passive ETF, VOOG cannot pivot away from index rules in response to structural changes or valuations; investors seeking tactical changes may prefer active strategies.

These limitations explain why some investors allocate to VOOG as a sleeve within a diversified mix rather than as a standalone core holding.

Data Sources, References and Further Reading

Primary sources for live fund data and formal documentation include:

• Vanguard product pages and official prospectus (primary authoritative source for holdings, AUM, expense ratio and legal documents)
• Fund regulatory filings (SEC EDGAR) and shareholder reports
• Financial data providers and market sites for price and volume (prices, intraday values and historical returns)
• Independent research organizations and news sources for contextual coverage

As of 2026-01-24, according to Benzinga, VOOG had a market capitalization / AUM of $21.97 billion and an average annualized 10-year return of 16.59%, and Benzinga illustrated that a hypothetical $100 investment 10 years prior would be worth approximately $456.34 based on a reported price of $443.82 at the time of reporting. Because fund metrics (AUM, NAV, holdings, returns) change continuously, always consult the most recent Vanguard materials for precise, dated numbers.

See Also

• S&P 500 Growth Index
• Vanguard S&P 500 ETF (VOO)
• Vanguard Growth ETF (VUG)
• Vanguard S&P 500 Value ETF (VOOV)
• ETF investing basics

Notes on Article Maintenance

Fund statistics such as AUM, NAV, holdings, yields and returns are time-sensitive. Update the following fields regularly with source citations and date stamps:

• Expense ratio
• AUM / market capitalization
• Number of holdings and top-10 weightings
• Distribution yield and recent dividend amounts
• Historical returns (1Y / 3Y / 5Y / 10Y) and tracking error statistics

Suggested update cadence: monthly for high-traffic pages; quarterly for holdings and distribution details; immediate update upon major fund changes (e.g., share-class changes, rule changes to the index).

Reporting Timestamp and Source Note

As of 2026-01-24, according to Benzinga’s automated content and market data snapshot, Vanguard SP 500 Growth ETF (NYSE: VOOG) had a market capitalization of $21.97 billion and produced an average annual return of 16.59% over the past 10 years. Benzinga also reported a market price of $443.82 at the time of that snapshot and provided the illustrative example that $100 invested 10 years earlier would be worth approximately $456.34. (Source cited here for timestamp context: Benzinga automated market report, 2026-01-24.)

Final Notes and Next Steps

This article provides an encyclopedic overview of VOOG stock (Vanguard S&P 500 Growth ETF) for informational purposes. Readers who want live prices, exact holdings and up-to-date performance metrics should consult Vanguard’s official product page, the ETF prospectus and independent market-data providers. For trading access, use a regulated brokerage that supports NYSE Arca listings; for Web3 wallet needs, consider Bitget Wallet for secure custody and wallet conveniences where applicable.

Further exploration:

• Review the Vanguard prospectus and daily holdings report for current weightings and CUSIP.
• Check recent performance and risk metrics from independent providers before making allocation decisions.

Explore more ETF topics and learn how growth and value exposures can be combined to suit different investment objectives.

To compare live market data and trade access options, use your brokerage platform or explore Bitget’s educational resources and wallet solutions for secure digital asset management.