<h2>关键要点</h2>
<ul>
<li>Vanguard S&amp;P 500 Growth ETF 提供对大型科技巨头的投资机会，而 State Street SPDR S&amp;P 600 Small Cap Growth ETF 则专注于小型股领域。</li>
<li>Vanguard S&amp;P 500 Growth ETF 的费用比率为 0.07%，低于 State Street SPDR S&amp;P 600 Small Cap Growth ETF 的 0.15%。</li>
<li>尽管在过去五年中经历了更深的最大回撤，Vanguard S&amp;P 500 Growth ETF 的历史总回报率仍高于其他基金。</li>
<li>我们更喜欢的 10 只股票超过 Vanguard Admiral Funds - Vanguard S&amp;P 500 Growth ETF ›</li>
</ul>
<p><strong>Vanguard S&amp;P 500 Growth ETF</strong>(NYSEMKT:VOOG) 提供对大型成长型公司的低成本投资机会，而 <strong>State Street SPDR S&amp;P 600 Small Cap Growth ETF</strong>(NYSEMKT:SLYG) 则提供对小型股领域的针对性投资。</p>
<p>此比较突显了投资于成熟市场领导者与新兴小型公司的根本差异。Vanguard 基金专注于大型成长引擎，而 State Street 基金则寻求在小型企业中寻找扩展潜力，从而形成不同的风险和总回报特征。</p>
<h2>快照（成本与规模）</h2>
<table>
<thead>
<tr>
<th>指标</th>
<th>SLYG</th>
<th>VOOG</th>
</tr>
</thead>
<tbody>
<tr>
<td>发行人</td>
<td>SPDR</td>
<td>Vanguard</td>
</tr>
<tr>
<td>费用比率</td>
<td>0.15%</td>
<td>0.07%</td>
</tr>
<tr>
<td>1 年回报（截至 2026 年 5 月 18 日）</td>
<td>21.70%</td>
<td>31.50%</td>
</tr>
<tr>
<td>股息收益率</td>
<td>0.70%</td>
<td>0.47%</td>
</tr>
<tr>
<td>贝塔</td>
<td>1.06</td>
<td>1.17</td>
</tr>
<tr>
<td>管理资产</td>
<td>~46 亿美元</td>
<td>~242 亿美元</td>
</tr>
</tbody>
</table>
<p><em>贝塔衡量相对于 S&amp;P 500 的价格波动性；贝塔是根据五年期的月度回报计算的。1 年回报代表过去 12 个月的总回报。股息收益率是过去 12 个月的分配收益率。</em></p>
<p>投资者可能会发现 Vanguard 基金更具成本效益，因为其费用比率为 0.07%，而 State Street 基金为 0.15%。Vanguard 基金还为活跃交易者提供了显著更高的管理资产。</p>
<h2>业绩与风险比较</h2>
<table>
<thead>
<tr>
<th>指标</th>
<th>SLYG</th>
<th>VOOG</th>
</tr>
</thead>
<tbody>
<tr>
<td>最大回撤（5 年）</td>
<td>(29.20%)</td>
<td>(32.70%)</td>
</tr>
<tr>
<td>5 年内 $1,000 的增长（总回报）</td>
<td>$1,324</td>
<td>$2,104</td>
</tr>
</tbody>
</table>
<h2>内部构成</h2>
<p>Vanguard S&amp;P 500 Growth ETF 专注于大型领导者，行业权重包括技术 48%、通信服务 17% 和金融服务 10%。该基金管理 212 只股票，成立于 2010 年。其最大持仓包括 <strong>NVIDIA</strong>(NASDAQ:NVDA) 14.54%、<strong>Microsoft</strong>(NASDAQ:MSFT) 9.08% 和 <strong>Alphabet</strong>(NASDAQ:GOOGL) 6.72%。该基金在过去 12 个月中每股支付了 $1.72。</p>
<p>相比之下，State Street SPDR S&amp;P 600 Small Cap Growth ETF (NYSEMKT:SLYG) 针对小型股领域，管理 343 只股票，成立于 2000 年。其配置包括技术 20%、工业 20% 和医疗保健 15%。其最大持仓包括 <strong>Sanmina</strong>(NASDAQ:SANM) 1.57%、<strong>Viavi Solutions</strong>(NASDAQ:VIAV) 1.45% 和 <strong>Argan</strong>(NYSE:AGX) 1.22%。该基金在过去 12 个月中每股支付了 $0.77。</p>
<p>有关 ETF 投资的更多指导，请查看 此链接 的完整指南。</p>
<h2>这对投资者意味着什么</h2>
<p>投资成长型股票是实现投资组合强劲回报的好方法。Vanguard S&amp;P 500 Growth ETF (VOOG) 和 State Street SPDR S&amp;P 600 Small Cap Growth ETF (SLYG) 采取不同的方法来实现这一目标。在这两只 ETF 之间的选择取决于哪种策略更符合您的投资目标。</p>
<p>VOOG 以 S&amp;P 500 中的成长公司为目标。这意味着该基金近一半的股票来自技术行业，因为人工智能这一热门领域推动了该行业公司股票的上涨。</p>
<p>人工智能的崛起促成了 VOOG 强劲的 31.5% 一年回报，但科技股波动性较大，导致其贝塔值和最大回撤较高。VOOG 适合那些希望追求大型公司的投资者，特别是那些参与人工智能的公司，并愿意因此接受更高的波动性和风险。</p>
<p>SLYG 则采取相反的策略，专注于表现出增长潜力的小型公司，这些潜力由销售扩张率等因素决定。由于其策略，SLYG 在各行业中具有更大的多样化。这有助于减轻任何特定行业的下行风险。</p>
<p>然而，SLYG 的费用比率要高得多，尽管其一年回报良好，但其持仓未能提供 VOOG 的超额回报。SLYG 适合那些希望拥有更均衡投资组合的投资者，或者那些可能持有 VOOG 股票并希望通过小型股来补充投资的投资者。</p>
<h2>现在应该购买 Vanguard Admiral Funds - Vanguard S&amp;P 500 Growth ETF 的股票吗？</h2>
<p>在您购买 Vanguard Admiral Funds - Vanguard S&amp;P 500 Growth ETF 的股票之前，请考虑以下事项：</p>
<p><em>Motley Fool Stock Advisor</em> 分析师团队刚刚确定了他们认为的 <strong>10 只最佳股票</strong>，适合投资者现在购买……而 Vanguard Admiral Funds - Vanguard S&amp;P 500 Growth ETF 并不在其中。这 10 只股票在未来几年可能会带来巨额回报。</p>
<p>想想 <strong>Netflix</strong> 在 2004 年 12 月 17 日上榜时……如果你在我们推荐时投资了$1,000，<strong>你现在将拥有$481,750</strong>！* 或者 <strong>Nvidia</strong> 在 2005 年 4 月 15 日上榜时……如果你在我们推荐时投资了$1,000，<strong>你现在将拥有$1,352,457</strong>！*</p>
<p>现在值得注意的是，<em>Stock Advisor</em> 的总平均回报率为 990%——相比之下，标普 500 的回报率为 206%，表现出色。<strong>不要错过最新的前 10 名单，加入由个人投资者为个人投资者建立的投资社区，获取 <em>Stock Advisor</em> 的最新信息。</strong></p>
<p>查看这 10 只股票 »</p>
<p><em>*Stock Advisor 的回报截至 2026 年 5 月 20 日。</em></p>
<p><em>Robert Izquierdo 持有 Alphabet、Microsoft 和 Nvidia 的股份。Motley Fool 持有并推荐 Alphabet、Microsoft、Nvidia 和 Viavi Solutions 的股份。Motley Fool 有一个 披露政策。</em></p>
<p>此处表达的观点和意见是作者的观点和意见，并不一定反映 Nasdaq, Inc.的观点。</p>

标普 600 小盘成长 - SPDR

标普 500 增长 ETF - Vanguard

<p>先锋标普 500 增长 ETF (VOOG) 的费用较低且回报更高，相比之下，州街 SPDR 标普 600 小盘成长 ETF (SLYG) 的表现逊色。VOOG 专注于大盘科技股，取得了 31.5% 的一年回报，而 SLYG 针对小盘成长股，回报为 21.7%。VOOG 的费用比率较低（0.07% 对比 0.15%），但波动性更高。投资者应根据自身的风险承受能力和投资目标进行选择</p>

<h2>Key Points</h2>
<div class="lb-trans"><h2>关键要点</h2>
</div><ul>
<li>The Vanguard S&amp;P 500 Growth ETF provides exposure to large-cap technology giants while the State Street SPDR S&amp;P 600 Small Cap Growth ETF targets the small-cap segment.</li>
<li>The Vanguard S&amp;P 500 Growth ETF offers a lower expense ratio of 0.07% compared to the 0.15% fee for the State Street SPDR S&amp;P 600 Small Cap Growth ETF.</li>
<li>The Vanguard S&amp;P 500 Growth ETF has historically delivered higher total returns over the last five years though it experienced a deeper maximum drawdown during that span.</li>
<li>10 stocks we like better than Vanguard Admiral Funds - Vanguard S&amp;P 500 Growth ETF ›</li>
</ul>
<div class="lb-trans"><ul>
<li>Vanguard S&amp;P 500 Growth ETF 提供对大型科技巨头的投资机会，而 State Street SPDR S&amp;P 600 Small Cap Growth ETF 则专注于小型股领域。</li>
<li>Vanguard S&amp;P 500 Growth ETF 的费用比率为 0.07%，低于 State Street SPDR S&amp;P 600 Small Cap Growth ETF 的 0.15%。</li>
<li>尽管在过去五年中经历了更深的最大回撤，Vanguard S&amp;P 500 Growth ETF 的历史总回报率仍高于其他基金。</li>
<li>我们更喜欢的 10 只股票超过 Vanguard Admiral Funds - Vanguard S&amp;P 500 Growth ETF ›</li>
</ul>
</div><p>The <strong>Vanguard S&amp;P 500 Growth ETF</strong>(NYSEMKT:VOOG) provides low-cost exposure to large-cap growth giants, while the <strong>State Street SPDR S&amp;P 600 Small Cap Growth ETF</strong>(NYSEMKT:SLYG) offers targeted access to the small-cap segment.</p>
<div class="lb-trans"><p><strong>Vanguard S&amp;P 500 Growth ETF</strong>(NYSEMKT:VOOG) 提供对大型成长型公司的低成本投资机会，而 <strong>State Street SPDR S&amp;P 600 Small Cap Growth ETF</strong>(NYSEMKT:SLYG) 则提供对小型股领域的针对性投资。</p>
</div><p>This comparison highlights the fundamental differences between investing in established market leaders and emerging smaller companies. The Vanguard fund focuses on large-cap growth engines, while the State Street fund seeks expansion potential among smaller enterprises, creating distinct profiles for risk and total return.</p>
<div class="lb-trans"><p>此比较突显了投资于成熟市场领导者与新兴小型公司的根本差异。Vanguard 基金专注于大型成长引擎，而 State Street 基金则寻求在小型企业中寻找扩展潜力，从而形成不同的风险和总回报特征。</p>
</div><h2>Snapshot (cost &amp; size)</h2>
<div class="lb-trans"><h2>快照（成本与规模）</h2>
</div><table>
<thead>
<tr>
<th>Metric</th>
<th>SLYG</th>
<th>VOOG</th>
</tr>
</thead>
<tbody>
<tr>
<td>Issuer</td>
<td>SPDR</td>
<td>Vanguard</td>
</tr>
<tr>
<td>Expense ratio</td>
<td>0.15%</td>
<td>0.07%</td>
</tr>
<tr>
<td>1-yr return (as of May 18, 2026)</td>
<td>21.70%</td>
<td>31.50%</td>
</tr>
<tr>
<td>Dividend yield</td>
<td>0.70%</td>
<td>0.47%</td>
</tr>
<tr>
<td>Beta</td>
<td>1.06</td>
<td>1.17</td>
</tr>
<tr>
<td>AUM</td>
<td>~$4.6 billion</td>
<td>~$24.2 billion</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th>指标</th>
<th>SLYG</th>
<th>VOOG</th>
</tr>
</thead>
<tbody>
<tr>
<td>发行人</td>
<td>SPDR</td>
<td>Vanguard</td>
</tr>
<tr>
<td>费用比率</td>
<td>0.15%</td>
<td>0.07%</td>
</tr>
<tr>
<td>1 年回报（截至 2026 年 5 月 18 日）</td>
<td>21.70%</td>
<td>31.50%</td>
</tr>
<tr>
<td>股息收益率</td>
<td>0.70%</td>
<td>0.47%</td>
</tr>
<tr>
<td>贝塔</td>
<td>1.06</td>
<td>1.17</td>
</tr>
<tr>
<td>管理资产</td>
<td>~46 亿美元</td>
<td>~242 亿美元</td>
</tr>
</tbody>
</table>
</div><p><em>Beta measures price volatility relative to the S&amp;P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield.</em></p>
<div class="lb-trans"><p><em>贝塔衡量相对于 S&amp;P 500 的价格波动性；贝塔是根据五年期的月度回报计算的。1 年回报代表过去 12 个月的总回报。股息收益率是过去 12 个月的分配收益率。</em></p>
</div><p>Investors could find the Vanguard fund more affordable, as its expense ratio is 0.07% versus 0.15% for the State Street fund. The Vanguard fund also offers a significantly higher AUM for active traders.</p>
<div class="lb-trans"><p>投资者可能会发现 Vanguard 基金更具成本效益，因为其费用比率为 0.07%，而 State Street 基金为 0.15%。Vanguard 基金还为活跃交易者提供了显著更高的管理资产。</p>
</div><h2>Performance &amp; risk comparison</h2>
<div class="lb-trans"><h2>业绩与风险比较</h2>
</div><table>
<thead>
<tr>
<th>Metric</th>
<th>SLYG</th>
<th>VOOG</th>
</tr>
</thead>
<tbody>
<tr>
<td>Max drawdown (5 yr)</td>
<td>(29.20%)</td>
<td>(32.70%)</td>
</tr>
<tr>
<td>Growth of $1,000 over 5 years (total return)</td>
<td>$1,324</td>
<td>$2,104</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th>指标</th>
<th>SLYG</th>
<th>VOOG</th>
</tr>
</thead>
<tbody>
<tr>
<td>最大回撤（5 年）</td>
<td>(29.20%)</td>
<td>(32.70%)</td>
</tr>
<tr>
<td>5 年内 $1,000 的增长（总回报）</td>
<td>$1,324</td>
<td>$2,104</td>
</tr>
</tbody>
</table>
</div><h2>What's inside</h2>
<div class="lb-trans"><h2>内部构成</h2>
</div><p>The Vanguard S&amp;P 500 Growth ETF concentrates on large-cap leaders, with sector weights including technology at 48%, communication services at 17%, and financial services at 10%. It manages 212 holdings and was launched in 2010. Its largest positions include <strong>NVIDIA</strong>(NASDAQ:NVDA) at 14.54%, <strong>Microsoft</strong>(NASDAQ:MSFT) at 9.08%, and <strong>Alphabet</strong>(NASDAQ:GOOGL) at 6.72%. The fund has paid $1.72 per share over the trailing 12 months.</p>
<div class="lb-trans"><p>Vanguard S&amp;P 500 Growth ETF 专注于大型领导者，行业权重包括技术 48%、通信服务 17% 和金融服务 10%。该基金管理 212 只股票，成立于 2010 年。其最大持仓包括 <strong>NVIDIA</strong>(NASDAQ:NVDA) 14.54%、<strong>Microsoft</strong>(NASDAQ:MSFT) 9.08% 和 <strong>Alphabet</strong>(NASDAQ:GOOGL) 6.72%。该基金在过去 12 个月中每股支付了 $1.72。</p>
</div><p>In contrast, the State Street SPDR S&amp;P 600 Small Cap Growth ETF (NYSEMKT:SLYG) targets the small-cap segment with 343 holdings and was launched in 2000. Its allocation features technology at 20%, industrials at 20%, and healthcare at 15%. Its largest positions include <strong>Sanmina</strong>(NASDAQ:SANM) at 1.57%, <strong>Viavi Solutions</strong>(NASDAQ:VIAV) at 1.45%, and <strong>Argan</strong>(NYSE:AGX) at 1.22%. It has paid $0.77 per share over the trailing 12 months.</p>
<div class="lb-trans"><p>相比之下，State Street SPDR S&amp;P 600 Small Cap Growth ETF (NYSEMKT:SLYG) 针对小型股领域，管理 343 只股票，成立于 2000 年。其配置包括技术 20%、工业 20% 和医疗保健 15%。其最大持仓包括 <strong>Sanmina</strong>(NASDAQ:SANM) 1.57%、<strong>Viavi Solutions</strong>(NASDAQ:VIAV) 1.45% 和 <strong>Argan</strong>(NYSE:AGX) 1.22%。该基金在过去 12 个月中每股支付了 $0.77。</p>
</div><p>For more guidance on ETF investing, check out the full guide at this link.</p>
<div class="lb-trans"><p>有关 ETF 投资的更多指导，请查看 此链接 的完整指南。</p>
</div><h2>What this means for investors</h2>
<div class="lb-trans"><h2>这对投资者意味着什么</h2>
</div><p>Investing in growth stocks is a great way to achieve strong returns in a portfolio. The Vanguard S&amp;P 500 Growth ETF (VOOG) and the State Street SPDR S&amp;P 600 Small Cap Growth ETF (SLYG) take different approaches to achieve this. Choosing between these ETFs comes down to which strategy fits better with your investment goals.</p>
<div class="lb-trans"><p>投资成长型股票是实现投资组合强劲回报的好方法。Vanguard S&amp;P 500 Growth ETF (VOOG) 和 State Street SPDR S&amp;P 600 Small Cap Growth ETF (SLYG) 采取不同的方法来实现这一目标。在这两只 ETF 之间的选择取决于哪种策略更符合您的投资目标。</p>
</div><p>VOOG targets growth companies in the S&amp;P 500. That means nearly half the stocks in the fund reside in the technology industry, since the hot field of artificial intelligence has supercharged shares of businesses in the sector.</p>
<div class="lb-trans"><p>VOOG 以 S&amp;P 500 中的成长公司为目标。这意味着该基金近一半的股票来自技术行业，因为人工智能这一热门领域推动了该行业公司股票的上涨。</p>
</div><p>The rise of AI contributed to VOOG’s strong 31.5% one-year return, but tech stocks are volatile, leading to a higher beta and max drawdown. VOOG is for investors who prefer to pursue large-cap companies, particularly those involved in AI, as the means for exposure to growth stocks, and are willing to accept higher volatility and risk as a result.</p>
<div class="lb-trans"><p>人工智能的崛起促成了 VOOG 强劲的 31.5% 一年回报，但科技股波动性较大，导致其贝塔值和最大回撤较高。VOOG 适合那些希望追求大型公司的投资者，特别是那些参与人工智能的公司，并愿意因此接受更高的波动性和风险。</p>
</div><p>SLYG takes the opposite tactic by focusing on small-cap companies exhibiting growth, as determined by factors such as the rate of sales expansion. Because of its approach, SLYG boasts greater diversification across industries. This helps to mitigate a downturn in any given sector.</p>
<div class="lb-trans"><p>SLYG 则采取相反的策略，专注于表现出增长潜力的小型公司，这些潜力由销售扩张率等因素决定。由于其策略，SLYG 在各行业中具有更大的多样化。这有助于减轻任何特定行业的下行风险。</p>
</div><p>However, SLYG has a much higher expense ratio, and while its one-year return is good, its holdings aren’t delivering VOOG’s outsized results. SLYG is for investors who want a more balanced portfolio, or who may own stocks in VOOG and want to complement that with exposure to small cap stocks.</p>
<div class="lb-trans"><p>然而，SLYG 的费用比率要高得多，尽管其一年回报良好，但其持仓未能提供 VOOG 的超额回报。SLYG 适合那些希望拥有更均衡投资组合的投资者，或者那些可能持有 VOOG 股票并希望通过小型股来补充投资的投资者。</p>
</div><h2>Should you buy stock in Vanguard Admiral Funds - Vanguard S&amp;P 500 Growth ETF right now?</h2>
<div class="lb-trans"><h2>现在应该购买 Vanguard Admiral Funds - Vanguard S&amp;P 500 Growth ETF 的股票吗？</h2>
</div><p>Before you buy stock in Vanguard Admiral Funds - Vanguard S&amp;P 500 Growth ETF, consider this:</p>
<div class="lb-trans"><p>在您购买 Vanguard Admiral Funds - Vanguard S&amp;P 500 Growth ETF 的股票之前，请考虑以下事项：</p>
</div><p>The <em>Motley Fool Stock Advisor</em> analyst team just identified what they believe are the <strong>10 best stocks</strong> for investors to buy now… and Vanguard Admiral Funds - Vanguard S&amp;P 500 Growth ETF wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.</p>
<div class="lb-trans"><p><em>Motley Fool Stock Advisor</em> 分析师团队刚刚确定了他们认为的 <strong>10 只最佳股票</strong>，适合投资者现在购买……而 Vanguard Admiral Funds - Vanguard S&amp;P 500 Growth ETF 并不在其中。这 10 只股票在未来几年可能会带来巨额回报。</p>
</div><p>Consider when <strong>Netflix</strong> made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, <strong>you’d have $481,750</strong>!* Or when <strong>Nvidia</strong> made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, <strong>you’d have $1,352,457</strong>!*</p>
<div class="lb-trans"><p>想想 <strong>Netflix</strong> 在 2004 年 12 月 17 日上榜时……如果你在我们推荐时投资了$1,000，<strong>你现在将拥有$481,750</strong>！* 或者 <strong>Nvidia</strong> 在 2005 年 4 月 15 日上榜时……如果你在我们推荐时投资了$1,000，<strong>你现在将拥有$1,352,457</strong>！*</p>
</div><p>Now, it’s worth noting <em>Stock Advisor’s</em> total average return is 990% — a market-crushing outperformance compared to 206% for the S&amp;P 500. <strong>Don't miss the latest top 10 list, available with <em>Stock Advisor</em>, and join an investing community built by individual investors for individual investors.</strong></p>
<div class="lb-trans"><p>现在值得注意的是，<em>Stock Advisor</em> 的总平均回报率为 990%——相比之下，标普 500 的回报率为 206%，表现出色。<strong>不要错过最新的前 10 名单，加入由个人投资者为个人投资者建立的投资社区，获取 <em>Stock Advisor</em> 的最新信息。</strong></p>
</div><p>See the 10 stocks »</p>
<div class="lb-trans"><p>查看这 10 只股票 »</p>
</div><p><em>*Stock Advisor returns as of May 20, 2026.</em></p>
<div class="lb-trans"><p><em>*Stock Advisor 的回报截至 2026 年 5 月 20 日。</em></p>
</div><p><em>Robert Izquierdo has positions in Alphabet, Microsoft, and Nvidia. The Motley Fool has positions in and recommends Alphabet, Microsoft, Nvidia, and Viavi Solutions. The Motley Fool has a disclosure policy.</em></p>
<div class="lb-trans"><p><em>Robert Izquierdo 持有 Alphabet、Microsoft 和 Nvidia 的股份。Motley Fool 持有并推荐 Alphabet、Microsoft、Nvidia 和 Viavi Solutions 的股份。Motley Fool 有一个 披露政策。</em></p>
</div><p>The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.</p>
<div class="lb-trans"><p>此处表达的观点和意见是作者的观点和意见，并不一定反映 Nasdaq, Inc.的观点。</p>
</div>

Which Is the Better Growth ETF, Vanguard's Large-Cap VOOG or State Street's Small-Cap SLYG?

nasdaq

道富银行

英伟达

微软

谷歌-A

新美亚电子

唯亚威系统服务

Argan

标普 500 指数

奈飞

State Street® US Equity Premium Inc ETF

NVIDIA Corporation

谷歌-C

Vanguard 的大盘 VOOG 和 State Street 的小盘 SLYG，哪个是更好的增长型 ETF？