The Vanguard Russell 1000 Growth ETF (VONG) is a passively managed fund designed to track the performance of the Russell 1000 Growth Index. As of late December 2025, VONG manages approximately $45 billion in assets and offers investors broad exposure to U.S. large-cap growth stocks. Its 15-year track record underscores Vanguard’s commitment to low-cost, transparent indexing strategies.

VONG charges an expense ratio of 0.07%, positioning it competitively among growth ETFs. The fund’s dividend yield stands at 0.45%, providing a modest income component for growth-oriented investors. With assets under management near $45 billion and a 5-year beta of 1.17, VONG balances scale with a volatility profile slightly above the broader market.

Over the one-year period ending December 28, 2025, VONG delivered a total return of 17.17%. A hypothetical $1,000 investment five years ago would have grown to $2,010, reflecting a marginal edge over many large-cap peers. The fund’s maximum drawdown over the same period was –32.71%, indicating significant downside during market stress but slightly better resilience than some concentrated growth peers.

VONG holds 391 stocks, with a pronounced technology tilt—55% of assets allocated to the sector—followed by consumer cyclical (13%) and communication services (12%). Its three largest positions—Nvidia, Apple and Microsoft—each account for more than 10% of the portfolio. This breadth of holdings reduces single-name concentration risk, offering a diversified approach that can smooth returns across market cycles.