The Nasdaq Composite (^IXIC -1.13%) hit a new all-time high this week, as investors continue to pour into technology and growth stocks. While value stocks have outperformed this year, growth stocks have dominated the market since the housing collapse in 2008.
Since that bear market, growth stocks, as represented by the Vanguard Morningstar Growth ETF (VUG -0.93%), have outperformed value stocks, as represented by the Vanguard Morningstar Value ETF (VTV -0.47%), in 14 of the past 17 years.
Year
Vanguard Growth ETF Return
Vanguard Value ETF Return
2025
19.4%
15.3%
2024
32.6%
15.9%
2023
46.9%
9.3%
2022
(33.1%)
(2%)
2021
27.2%
26.4%
2020
40.3%
2.3%
2019
37.3%
25.8%
2018
(3.4%)
(5.5%)
2017
27.8%
17.4%
2016
6.2%
17%
2015
3.3%
(0.9%)
2014
13.6%
13.2%
2013
32.4%
33.1%
2012
17%
15.2%
2011
1.8%
1.1%
2010
17.2%
14.5%
2009
36.1%
19.9%
Data…