Vanguard S&P 500 Growth ETF (VOOG)
The Vanguard S&P 500 Growth ETF (VOOG) tracks the performance of U.S. large-capitalization growth stocks. As of July 2026, the ETF is trading at $79.29. The fund's price action indicates a short-term downtrend, as it is currently trading below its 20-day and 50-day simple moving averages. However, it remains above its 200-day simple moving average, suggesting that the longer-term trend is still intact. The ETF's focus on growth companies implies a higher sensitivity to interest rate changes and economic outlook.
The dividend yield for VOOG stands at approximately 0.47%, providing a modest income component. While the ETF is not directly impacted by company-specific earnings or revenue growth, the performance of its underlying growth constituents is crucial. Current technical indicators suggest a period of weakness, but the sustained presence above the 200-day SMA warrants monitoring for potential rebounds.
Price Analysis
Market Metrics
VOOG Analysis
VOOG's technical indicators present a mixed picture. The Relative Strength Index (RSI) is at 37.64, classifying it as having bearish momentum. The Stochastic Oscillator is also low at 18.88, indicating oversold conditions in the short term. The Commodity Channel Index (CCI) at -146.25 further supports a bearish short-term sentiment.
Key moving average comparisons show the price is below the 20-day EMA (81.16) and the 50-day SMA (81.92), both acting as resistance. However, the price is above the 200-day SMA (75.77), which is currently acting as support. The MACD is negative at -0.46, reinforcing the short-term bearish trend. These technicals suggest that while the longer-term uptrend may persist, near-term headwinds are present.
- Consider VOOG as a tactical act on growth sector recovery, especially if interest rate expectations shift downwards.
- Monitor the 200-day SMA ($75.77) as a critical support level; a sustained break below this could signal a longer-term bearish trend.
- Be aware of the concentration risk in large-cap technology stocks within the S&P 500 Growth Index, which can amplify volatility.
Looking ahead 6-12 months, VOOG's outlook is contingent on the broader economic environment and the Federal Reserve's monetary policy. If interest rates stabilize or begin to decline, and economic growth remains robust, the growth sector could see a resurgence, potentially pushing VOOG's price higher. Key resistance levels to watch would be the recent short-term moving averages around $81.00 to $82.00.
Conversely, if inflation remains sticky, leading to further interest rate hikes or prolonged economic stagnation, VOOG could face continued pressure. A break below the 200-day SMA at $75.77 would signal a more significant trend change and could lead to further downside. Monitoring the performance of the underlying S&P 500 Growth Index constituents and broader market sentiment will be crucial in assessing the evolving outlook.
Market Correlations
How this etf moves relative to other assets
Based on 1 year of daily price data. Correlations may vary over different time periods.
Key Statistics
| Net Assets (Market Cap) | 1.32B |
| Yield | 0.4720% |
| Day High | $79.12 |
| Day Low | $78.59 |
| 52 Week High | 85.35 |
| 52 Week Low | 64.99 |
VOOG tracks the S&P 500 Growth Index, which focuses on U.S. large-capitalization companies exhibiting strong growth characteristics. This segment of the market is typically sensitive to macroeconomic factors such as interest rates, inflation, and overall economic expansion. As of July 2026, the growth sector may be facing headwinds from a potentially tightening monetary policy or a slowdown in economic activity, which could impact the earnings potential of its constituents.
The concentration within growth stocks means that sector-specific trends and the performance of a few key technology and consumer discretionary companies can heavily influence the ETF's overall performance. Investors should monitor the broader economic environment and the specific drivers of growth stock outperformance, such as innovation and market share gains, to assess the fundamental health of the underlying index.
Earnings & Growth Analysis
While VOOG itself does not generate earnings, its performance is directly tied to the aggregate earnings trends of the growth companies within the S&P 500 Growth Index. Growth stocks often reinvest earnings back into the business to fuel expansion, leading to higher revenue growth but potentially lower immediate profitability compared to value stocks. As of July 2026, the market is likely assessing the sustainability of these growth trajectories in the current economic climate.
The performance of major technology and communication services companies, which typically dominate growth indices, will be a key determinant of VOOG's earnings-related performance. Any signs of slowing revenue growth or margin compression among these key constituents could signal a broader challenge for the ETF.
Key Risks
The primary risk for VOOG lies in its concentration within the growth equity style. This makes it vulnerable to shifts in investor sentiment away from growth and towards value, particularly in environments of rising interest rates or economic uncertainty. Additionally, the ETF's performance is heavily influenced by a relatively small number of large-cap technology companies, creating significant concentration risk if these specific names face headwinds.
Another key risk is sector rotation. If market participants decide to de-risk portfolios, growth stocks often experience sharper drawdowns than more defensive sectors. Macroeconomic headwinds, such as persistent inflation or unexpected economic slowdowns, could also negatively impact the earnings outlook for growth companies, thereby pressuring VOOG's price.
Technical Indicators
| RSI (14) | 37.64 |
| MACD | -0.46 |
| SMA 50 | 81.92 |
| SMA 200 | 75.77 |
Actionable Trade Plans
Specific entry, exit, and risk management levels