TFGZ vs VOO
Thornburg Focus Growth Fund ETF vs Vanguard S&P 500 ETF
Which is better, TFGZ or VOO?
Large Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y. VOO is less concentrated, with 37.9% of the fund in its ten largest positions against 49.4%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | TFGZ | VOO |
|---|---|---|
| Expense Ratio | 0.79% | 0.03%Best |
| AUM | $12M | $1.0T |
| Dividend Yield | 0.00% | 1.06% |
| Holdings | 43 | 506 |
| YTD Return | +16.33%Best | +13.57% |
| 1Y Return | - | +17.55% |
| 3Y Return (annualized) | - | +22.46% |
| 5Y Return (annualized) | - | +13.28% |
| Top 10 Weight | 49.4% | 37.9%Best |
| Fund Family | Thornburg Investment Management | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Apr 1, 2026 | Sep 7, 2010 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
TFGZ vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
TFGZ vs VOO Performance
Thornburg Focus Growth Fund ETF (TFGZ) is an ETF from Thornburg Investment Management and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Year to date, TFGZ is up 16.33% versus a gain of 13.57% for VOO.
Past performance does not guarantee future results.
Fees and Cost Over Time
TFGZ charges 0.79% per year while VOO charges 0.03%. On a $10,000 position that is $79 vs $3 annually, a gap of $76 per year that compounds over a long holding period. On income, TFGZ currently yields 0.00% against 1.06% for VOO.
Holdings Overlap
52.7% of TFGZ's money is in holdings VOO also owns. 17.1% of VOO's money is in holdings TFGZ also owns.
The two portfolios partly overlap.
14 positions in common, counted across the 42 positions we hold weights for in TFGZ and 504 in VOO, against full books of 43 and 506.
What only one of them owns
Our book lists 485 positions for VOO that do not appear in our book for TFGZ (82.6% of the fund), and 20 for TFGZ that do not appear in VOO (32.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in TFGZ | Weight in VOO | Difference |
|---|---|---|---|
| GOOGLAlphabet Inc | 12.16% | 3.01% | 9.15% |
| MSFTMicrosoft Corp | 7.18% | 5.70% | 1.48% |
| AVGOBroadcom Inc | 6.00% | 2.65% | 3.35% |
| METAMeta Platforms Inc | 3.77% | 1.90% | 1.87% |
| MUMicron Technology, Inc. | 3.40% | 1.64% | 1.76% |
| MAMastercard Inc | 3.34% | 0.72% | 2.62% |
| LRCXLam Research Corp | 3.30% | 0.57% | 2.73% |
| VRTVertiv Holdings Co | 2.62% | 0.15% | 2.47% |
| SPGIS&p Global Inc. | 2.41% | 0.20% | 2.21% |
| DDOGDatadog Inc | 2.20% | 0.12% | 2.08% |
52.7% of TFGZ is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, TFGZ or VOO?
TFGZ has an expense ratio of 0.79% while VOO charges 0.03%. VOO is the cheaper option, by $76 a year on a $10,000 investment.
What is the holdings overlap between TFGZ and VOO?
52.7% of TFGZ's money is in holdings VOO also owns. 17.1% of VOO's is in holdings TFGZ also owns. They hold 14 positions in common, counted across the 42 positions we hold weights for in TFGZ and 504 in VOO.
Which pays a higher dividend, TFGZ or VOO?
TFGZ yields 0.00% while VOO yields 1.06%, so VOO currently pays the higher dividend yield.
Is VOO better than TFGZ?
VOO has a lower expense ratio. VOO led over 1Y. VOO is less concentrated, with 37.9% of the fund in its ten largest positions against 49.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.