Understanding Vue

Since there was some Discussion about Vue and React between myself and other members I just figured it's good for me to read the docs just to fully understand what I am talking about. While reading the docs I had encountered v-html. In the docs it says it replace the old innerHTML with the value of v-html, so if rawHTML includes a span then the HTML will result in "span - span - text - /span - /span"? Or will it replace the entire span with the new one, I am guessing it's the first thing just wanted to make I got it right.
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