ETF Evaluator:
Vanguard Russell 1000 Growth ETF (VONG)
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(as of Jul 31)
Best Performing in Large Growth Over the Last Year
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ETF Details
Vanguard Russell 1000 Growth ETF Overview
Vanguard Russell 1000 Growth ETF (VONG) is a passively managed U.S. Equity Large Growth exchange-traded fund (ETF). Vanguard launched the ETF in 2010.
The investment seeks to track the performance of the Russell 1000® Growth Index.
The index is designed to measure the performance of large-capitalization growth stocks in the United States. The Advisor attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index. The fund may become non-diversified, as defined under the Investment Company Act of 1940, solely as a result of a change in relative market capitalization or index weighting of one or more constituents of the index.
About Vanguard Russell 1000 Growth ETF (VONG)
There are 2 members of the management team with an average tenure of 1.36 years: Chris Nieves (2025) and Jena Stenger (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: DJ US Total Stock Market TR USD index with a weighting of 100% and Russell 1000 Growth TR USD index with a weighting of 100%. Vanguard Russell 1000 Growth ETF has 395 securities in its portfolio. The top 10 holdings constitute 61.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Vanguard Russell 1000 Growth ETF is part of the Equity global asset class and is within the U.S. Equity ETF group. Vanguard Russell 1000 Growth ETF has 0.2% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 99.5% There is 0.2% 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 Russell 1000 Growth ETF has 0.2% of the portfolio in cash.
Assets Under Management
The fund has $44 billion in total assets, which is above 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.
VONG 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 Russell 1000 Growth ETF expense ratio is low compared to funds in the Large Growth category. Vanguard Russell 1000 Growth ETF has an expense ratio of 0.06%, which is 88% lower than its category average, making the fund expense ratio grade a A. 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 Russell 1000 Growth ETF has a portfolio turnover rate of 10%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 74% for the Large Growth category.
Recently, in the month of June 2026, Vanguard Russell 1000 Growth ETF returned -2.7%, which earned it a grade of D, as the Large Growth category had an average return of -0.6%. 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 Russell 1000 Growth ETF has a trailing yield of 0.45%, which is below the 0.47% category average.
The fund normally distributes its income quarterly.
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 Russell 1000 Growth ETF Grades
Year to date, the ETF has returned 5.3%, 5.6 percentage points worse than the category, which translates into a grade of D. The fund has returned 17.7% over the past year (grade of C), 22.5% over the past three years (grade of C) and 13.6% per year over the past five years (grade of B) and 18.5% per year over the past 10 years (grade of B).
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VONG Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| VONG Return (NAV) | -2.7% | 16.7% | 17.7% | 22.5% | 13.6% | 18.5% |
| VONG Return (Price) | -2.8% | 16.7% | 17.6% | 22.5% | 13.6% | 18.5% |
| NAV +/- Price Return | 0.091% | 0.071% | 0.040% | 0.012% | 0.023% | -0.018% |
| Large Growth Avg | -0.6% | 20.4% | 20.8% | 22.9% | 11.4% | 16.7% |
| VONG Grade (NAV) | D | D | C | C | B | B |
| +/- Category (NAV) | -2.1% | -3.6% | -3.1% | -0.4% | 2.3% | 1.8% |
| VONG Tax-Cost Ratio | na | na | 0.1% | 0.2% | 0.2% | 0.2% |
VONG Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| VONG Return (NAV) | 5.3% | 18.5% | 33.2% | 42.6% | -29.2% | 27.5% | 38.3% | 36.3% | -1.6% | 30.1% | 7.0% |
| VONG Return (Price) | 5.2% | 18.5% | 33.2% | 42.7% | -29.2% | 27.6% | 38.3% | 36.1% | -1.5% | 30.0% | 7.0% |
| NAV +/- Price Ret | -0.012% | -0.002% | -0.001% | 0.001% | -0.000% | 0.004% | -0.002% | -0.7% | -5.5% | -0.1% | 0.8% |
| Large Growth Avg | 10.9% | 16.8% | 30.4% | 38.6% | -30.8% | 21.3% | 37.6% | 33.1% | -2.0% | 28.2% | 5.0% |
| VONG Grade (NAV) | D | B | B | B | C | B | B | B | C | B | B |
| +/- Category | -5.6% | 1.7% | 2.8% | 4.0% | 1.6% | 6.2% | 0.7% | 3.2% | 0.4% | 1.8% | 2.0% |
| Risk Measures | |
| Beta: | 1.19 |
| R-Squared: | 89% |
| Standard Deviation: | 16.4% |
| Category Risk Index: | 0.91 |
| Category Risk Rating: | Below Average |
| Total Risk Index: | 1.35 |
| Total Risk Rating: | Above Average |
| Portfolio Characteristics | |
| Yield: | 0.5% |
| Total Assets: | $ 53,638 Mil |
| Share Class Assets: | $ 44,849 Mil |
| Turnover: | 10.0% |
| Expense Ratio: | 0.06% |
| Index Fund: | Yes |
| Index Tracked: | DJ US Total Stock Market TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 1.4 years | |||
| Average Tenure: 1.4 years | |||
| Managers (Year): Nieves Chris (2025), Stenger Jena (2025) | |||
Portfolio Composition (as of 5/31/26)
| # of Holdings: | 395 |
| % in Top 10 Holdings: | 61.2% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 0.2% |
Portfolio Allocation |
|
| Domestic Stock: | 99.5% |
| Foreign Stock: | 0.2% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.1% |
| Cash: | 0.2% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Vanguard |
| Phone Number: | 866-499-8473 |
| Website: | www.vanguard.com |
| Inception Date: | September 20, 2010 |
Expenses and Fees
| Expense Ratio (%): | 0.06% (Rating: Low) |
| Category Average Expense Ratio (%): | 0.50% |
