Vanguard S&P500 Growth ETF lags tech-focused ETFs; expert advises switching to FTEC or XLK for better growth.

The Vanguard S&P500 Growth Index ETF (VOOG) offers solid long-term returns with a low expense ratio of 0.07%, focusing heavily on technology and AI leaders like NVIDIA, Alphabet, and Broadcom. However, its recent three-year performance trails more concentrated tech ETFs such as FTEC and XLK. Analyst Michael Fitzsimmons recommends selling VOOG in retirement accounts and reallocating funds to FTEC or XLK for superior exposure to tech sector growth. This advice aligns with a strategy favoring diversified core holdings combined with overweight positions in technology for long-term secular growth.