GSPY vs VTI

Quick Verdict

VTI has a lower expense ratio. GSPY delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: GSPYMore Diversified: VTI

Side-by-Side Comparison

MetricGSPYVTIWinner
Expense Ratio0.50%0.03%
AUM$717M$663.5B
Dividend Yield2.37%1.07%
Holdings5033,543
YTD Return+14.42%+13.39%
1Y Return+25.39%+23.21%
3Y Return (annualized)+21.08%+20.65%
5Y Return (annualized)+13.47%+12.18%
Volatility (annualized)14.8%15.3%
Max Drawdown-23.3%-56.6%
Fund FamilyGotham FundsVanguard (US)
CategoryEquityEquity
InceptionDec 30, 2016May 24, 2001

GSPY vs VTI Performance

The Gotham Enhanced 500 ETF (GSPY) is a ETF from Gotham Funds and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year GSPY returned +25.39% while VTI returned +23.21%. Year to date, GSPY is up 14.42% versus a gain of 13.39% for VTI.

Over three years, GSPY compounded at +21.08% per year against +20.65% for VTI; over five years the annualized figures are +13.47% and +12.18% respectively. Across the full 6-year window we track, GSPY has the edge at +15.53% annualized vs +8.11%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VTI has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 14.8% for GSPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -23.3% for GSPY and -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

GSPY charges 0.50% per year while VTI charges 0.03%. On a $10,000 position that is $50 vs $3 annually, a gap of $47 per year that compounds over a long holding period. On income, GSPY currently yields 2.37% against 1.07% for VTI.

Holdings Overlap

65.2%overlap

GSPY and VTI share 454 holdings out of 2821 unique holdings combined, representing a 65.2% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in GSPYWeight in VTIDifference
NVDA7.67%6.32%1.35%
AAPL7.24%5.84%1.40%
MSFT5.93%3.81%2.12%
AMZNProProPro
GOOGProProPro
AVGOProProPro
METAProProPro
MUProProPro
TSLAProProPro
BRK.BProProPro
See all 10 holdings GSPY shares with VTI
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, GSPY or VTI?

GSPY has an expense ratio of 0.50% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $47 per year of difference.

Which performed better, GSPY or VTI?

Over the past year GSPY returned +25.39% vs +23.21% for VTI, so GSPY leads on 1-year performance. Over the longest common window we track (6 years), GSPY annualized +15.53% vs +8.11% for VTI. Past performance does not guarantee future results.

Which is riskier, GSPY or VTI?

VTI has been the more volatile fund at 15.3% annualized versus 14.8% for GSPY. Worst drawdown: GSPY -23.3% vs VTI -56.6%.

Should I hold both GSPY and VTI?

GSPY and VTI have a monthly-return correlation of 0.99, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between GSPY and VTI?

GSPY and VTI share 454 common holdings with a 65.2% weight overlap. Combined, they hold 2821 unique securities.

Which pays a higher dividend, GSPY or VTI?

GSPY yields 2.37% while VTI yields 1.07%, so GSPY currently pays the higher dividend yield.

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