Which Vanguard Growth ETF Is a Better Buy?

Sometimes, two exchange-traded funds (ETFs) are so much alike that it's hard to tell them apart, let alone decide which one is better. The best Vanguard ETFs tend to have some good things in common, like low fees and broad diversification. And some Vanguard funds are almost identical, in name and in performance.

If you want to invest in growth stocks, two of Vanguard's ETFs can fit that strategy. The Vanguard S 500 Growth ETF (NYSEMKT: VOOG) and the Vanguard Growth ETF (NYSEMKT: VUG) both offer portfolios of U.S. growth stocks. Their top holdings of major tech names are only slightly different, and over the long run, these two different funds have delivered almost exactly the same returns.