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Whoaa, TiggerToo. You might have the wrong info. You wrote:

<<I just received my annual report on the Vanguard Index Trust.

The real difference between the S & P 500 and growth is that the Growth concentrates in the larger companies in the S & P 500, and may have one company heavily covered compared to the S & P 500.>>

I think your talking about the Growth Index Portfolio but the original question made specific reference to the U.S. Growth Portfolio, a slightly different critter.

Yes, damn those Vanguard people for muddying the waters with confounded nomenclature!
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