Vanguard Russell 1000 Growth ETF

Frequently Asked Questions About VONG

What does VONG invest in?

This ETF allocates its capital to equities found within the Russell 1000 Growth Index. This benchmark is broadly diversified and primarily comprises growth-oriented stocks from substantial American corporations. The fund's primary objective is to closely mirror the financial performance of this index, which is widely recognized as a standard measure for the returns generated by large-capitalization U.S. growth stocks. It offers considerable prospects for capital appreciation, though its unit value typically experiences sharper fluctuations, both upward and downward, compared to investment vehicles focused on bonds. Consequently, it is better suited for investors with extended time horizons whose financial objectives heavily rely on the substantial expansion of their capital. Regarding 75% of its total holdings, the fund adheres to specific investment limits: it is prohibited from acquiring over 10% of the voting shares of any single company, and it cannot invest in any issuer if doing so would cause more than 5% of the fund's entire assets to be concentrated in that issuer. An exception to these rules applies when necessary to accurately align with the structure of its target index. Importantly, these limitations do not extend to securities issued by the U.S. government, its agencies, or related entities.

What is the expense ratio of VONG?

Vanguard Russell 1000 Growth ETF (VONG) charges an expense ratio of 0.06%. This is the annual fee deducted from fund assets to cover management and operations.

How big is VONG?

Vanguard Russell 1000 Growth ETF (VONG) manages $55.60B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is VONG actively managed or an index fund?

VONG is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (VONG's is 0.06%) because there's no security selection cost.

When was VONG launched?

Vanguard Russell 1000 Growth ETF (VONG) launched in September 2010 and is managed by Vanguard.

How has VONG performed?

VONG's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.