The Vanguard S&P 500 ETF (VOO) is highly favored by investors for its safety and reliable long-term growth, becoming the largest ETF globally with $1.7 trillion in assets. However, the Vanguard S&P 500 Growth ETF (VOOG) is suggested as a better option for those seeking higher potential gains, despite being riskier, as it has outperformed VOO over the past decade.
For an investor interested in ETFs, the key takeaway is that while the Vanguard S&P 500 ETF (VOO) is popular for its safety and reliable long-term growth, the Vanguard S&P 500 Growth ETF (VOOG) may offer higher returns as it focuses on growth stocks, achieving a 17.2% annualized gain since inception. This suggests considering VOOG for a potentially higher return if you're comfortable with the associated higher risk.