ETF Evaluator: Vanguard Wellington U.S. Gr Actv ETF () Follow This ETF

Vanguard Wellington U.S. Gr Actv ETF Overview

Vanguard Wellington U.S. Gr Actv ETF (VUSG) is an actively managed U.S. Equity Large Growth exchange-traded fund (ETF). Vanguard launched the ETF in 2025.

The investment seeks to provide long-term capital appreciation. The fund employs an active management approach, investing primarily in large- and mid-capitalization stocks of U.S. companies considered to have above-average earnings growth. Under normal circumstances, it invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in U.S. growth securities. The fund is non-diversified.

About Vanguard Wellington U.S. Gr Actv ETF (VUSG)

There are 2 members of the management team with an average tenure of 0.71 years: Michael Masdea (2025) and Brian Barbetta (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.

Vanguard Wellington U.S. Gr Actv ETF has 44 securities in its portfolio. The top 10 holdings constitute 62.6% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

Vanguard Wellington U.S. Gr Actv ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Vanguard Wellington U.S. Gr Actv ETF has 9.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 90.4% There is 9.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Vanguard Wellington U.S. Gr Actv ETF has 0.1% of the portfolio in cash.

Assets Under Management

The fund has $31 million in total assets, which is below the $8 billion average for the Large Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

VUSG Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Vanguard Wellington U.S. Gr Actv ETF expense ratio is below average compared to funds in the Large Growth category. Vanguard Wellington U.S. Gr Actv ETF has an expense ratio of 0.35%, which is 29% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Vanguard Wellington U.S. Gr Actv ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 74% for the Large Growth category.

Recently, in the month of July 2026, Vanguard Wellington U.S. Gr Actv ETF returned -3.5%, which earned it a grade of C, as the Large Growth category had an average return of -3.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

Vanguard Wellington U.S. Gr Actv ETF has a trailing yield of 0.00%, which is below the 0.53% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Vanguard Wellington U.S. Gr Actv ETF Grades

Year to date, the ETF has returned 2.3%, 3.9 percentage points worse than the category, which translates into a grade of D.

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