VANGUARD U.S. GROWTH FUND

VANGUARD WORLD FUND · Series S000004444 · 2 share classes

Equity fund · 99% stocks
One fund, 2 share classes:VWUSXVWUAX
$43.73B NAV
109 positions · as of 2026-02-28 · filed 2026-04-28
data updated 2026-08-10

Fund profile

As filed in the prospectus · 2026 Q2

Vanguard U.S. Growth Fund (the Fund) seeks to provide long-term capital appreciation.

Strategy · summarised

The fund employs multiple independent investment advisors who each select large-capitalization U.S. stocks with above-average earnings growth potential and reasonable valuations relative to expected earnings. The fund is nondiversified, meaning it may concentrate a greater percentage of assets in particular issuers than a diversified fund would. Because the fund's returns depend on the stock selections made by its advisors, performance will diverge from any benchmark to the extent those selections differ.

Expenses
0.25% 0.35%across 2 share classes
Share classExpense ratio
VWUSX0.35%
VWUAX0.25%

Portfolio turnover 29.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q1

100.11%
of net assets
Stocks98.59%
Cash & short-term1.51%
Derivatives0.01%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

vs 2025Q4: 7 new12 exited

Largest new: FAST, APH, MDLN, UTHR, RBC

Largest exited: TMO, U, TJX, HUBS, PINS, INSP, Globant SA, TTD

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026

Share class1-year3-year5-yearVolWorst fall
Cumulative return· Mar 2023 – Feb 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
NVIDIA CorpNVDA11.40%$4.98B
Apple IncAAPL6.78%$2.96B
Microsoft CorpMSFT6.75%$2.95B
Amazon.com IncAMZN6.58%$2.88B
Alphabet IncGOOG5.03%$2.20B
Meta Platforms IncMETA4.57%$2.00B
Broadcom IncAVGO4.18%$1.83B
Eli Lilly & CoLLY3.55%$1.55B
Tesla IncTSLA2.82%$1.23B
Netflix IncNFLX2.59%$1.13B
Showing 10 of 109Sign in to see more

Top 10 positions are 54.25% of net assets, top 25 73.71%, across 107 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

Sign in free