VANGUARD U.S. GROWTH FUND
VANGUARD WORLD FUND · Series S000004444 · 2 share classes
data updated 2026-09-08
Fund profile
As filed in the prospectus · 2026 Q2
Vanguard U.S. Growth Fund (the Fund) seeks to provide long-term capital appreciation.
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.
| Share class | Expense ratio |
|---|---|
| VWUSX | 0.35% |
| VWUAX | 0.25% |
Portfolio turnover 29.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 98.59% |
| Cash & short-term | 1.51% |
| Derivatives | 0.01% |
Look-through blends 1 underlying fund; 0.0% of NAV was not looked through and stays direct-classified. The blend is as of 2026Q1, one or more quarters before the direct holdings (2026Q2).
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +23.03% | +88.41% | +39.77% | 18.92% | -14.97% | |
| +23.17% | +88.99% | +40.47% | 18.92% | -14.94% |
These classes hold the same portfolio, so the 0.71pp spread over 5 years is the cost difference between them — roughly 0.14pp a year — not a difference in what they own.
May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| NVDA | NVIDIA CorpNVDA | 12.15% | $211.14 | $5.78B | 27.4M |
| AMZN | Amazon.com IncAMZN | 7.62% | $270.64 | $3.63B | 13.4M |
| AAPL | Apple IncAAPL | 7.11% | $312.06 | $3.38B | 10.8M |
| AVGO | Broadcom IncAVGO | 6.34% | $446.77 | $3.01B | 6.7M |
| MSFT | Microsoft CorpMSFT | 5.97% | $450.24 | $2.84B | 6.3M |
| GOOG | Alphabet IncGOOG | 5.33% | $376.43 | $2.53B | 6.7M |
| LLY | Eli Lilly & CoLLY | 3.41% | $1,105.00 | $1.62B | 1.5M |
| TSLA | Tesla IncTSLA | 2.91% | $435.79 | $1.39B | 3.2M |
| META | Meta Platforms IncMETA | 2.84% | $632.51 | $1.35B | 2.1M |
| GOOGL | Alphabet IncGOOGL | 2.41% | $380.34 | $1.15B | 3.0M |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
Top 10 positions are 56.10% of net assets, top 25 74.47%, 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.
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