Vanguard Russell 1000 Growth ETF
VONG
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 100 Vanguard Boulevard Malvern PA United States of America 19355
- IPO Date
- Sep 22, 2010
- CIK
- 0001021882
- Website
- investor.vanguard.com
- Similar Companies
- Business
- Vanguard Russell 1000 Growth ETF (VONG) is an exchange-traded fund that seeks to track the performance of the Russell 1000 Growth Index, which measures the investment return of large-capitalization growth stocks in the U.S. equity market. The fund employs a passively managed, full-replication strategy, remaining fully invested in a portfolio that replicates the index's composition; it offers investors exposure to approximately 448 stocks, with heavy sector weightings in technology (51.0%), consumer discretionary (19.4%), and health care (10.9%), as well as top holdings including NVIDIA Corp. (12.2%), Apple Inc. (12.0%), Microsoft Corp. (10.8%), Broadcom Inc., Amazon.com Inc., and Tesla Inc. Launched on September 20, 2010, by The Vanguard Group, Inc., with headquarters in Malvern, Pennsylvania, the ETF features a low expense ratio of 0.08%, quarterly dividend distributions, and total net assets exceeding $17 billion; it trades on the Nasdaq exchange under the ticker VONG (CUSIP: 92206C680). The fund primarily serves institutional and retail investors seeking large-cap growth equity exposure within diversified portfolios, focusing on U.S. companies exhibiting higher price-to-book ratios, forecasted earnings growth, and historical sales growth from the broader Russell 1000 universe. Its portfolio attributes include a median market capitalization of $468.4 billion, price/earnings ratio of 32.0x, price/book ratio of 10.4x, return on equity of 33.6%, and earnings growth rate of 23.0%, with a low turnover rate of 13.4% and no foreign holdings. In recent developments, Vanguard has implemented its largest fee reductions in early 2025, impacting overall fund costs including low-cost offerings like VONG; the firm also established a dedicated advice and wealth management division while expanding its ETF lineup with new U.S. government bond products and model portfolios. Vanguard entered a strategic partnership with JP Morgan Asset Management in October 2025 to launch four blended active-passive ETF models in Australia, enhancing its global index management capabilities; additionally, the firm announced advisory changes for select Windsor funds in December 2025. These initiatives reflect Vanguard's ongoing emphasis on cost efficiency, asset growth, and diversified product innovation amid robust inflows and client expansion.