SPHB vs VXUS

Quick Verdict

VXUS has a lower expense ratio. SPHB delivered stronger 1-year returns. VXUS offers more diversification with 7860 holdings.

Lower Fees: VXUSHigher Returns: SPHBMore Diversified: VXUS

Side-by-Side Comparison

MetricSPHBVXUSWinner
Expense Ratio0.25%0.05%
AUM$983M$156.5B
Dividend Yield0.52%2.60%
Holdings1038,747
YTD Return+25.10%+13.65%
1Y Return+47.07%+28.53%
3Y Return (annualized)+25.13%+18.64%
5Y Return (annualized)+15.90%+9.00%
Volatility (annualized)24.6%15.1%
Max Drawdown-47.8%-39.9%
Fund FamilyInvesco (US)Vanguard (US)
CategoryEquityEquity
InceptionMay 5, 2011Jan 26, 2011

SPHB vs VXUS Performance

Invesco S&P 500 High Beta ETF (SPHB) is a ETF from Invesco (US) and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year SPHB returned +47.07% while VXUS returned +28.53%. Year to date, SPHB is up 25.10% versus a gain of 13.65% for VXUS.

Over three years, SPHB compounded at +25.13% per year against +18.64% for VXUS; over five years the annualized figures are +15.90% and +9.00% respectively. Across the full 15-year window we track, SPHB has the edge at +12.94% annualized vs +4.81%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SPHB has been the more volatile fund, with annualized monthly volatility of 24.6% compared with 15.1% for VXUS. 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 -47.8% for SPHB and -39.9% for VXUS. 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 0.83. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

SPHB charges 0.25% per year while VXUS charges 0.05%. On a $10,000 position that is $25 vs $5 annually, a gap of $20 per year that compounds over a long holding period. On income, SPHB currently yields 0.52% against 2.60% for VXUS.

Holdings Overlap

0.0%overlap

SPHB and VXUS share 2 holdings out of 7958 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SPHBWeight in VXUSDifference
STX:IE1.27%0.00%1.27%
ORCL0.63%0.00%0.63%

Frequently Asked Questions

Which is cheaper, SPHB or VXUS?

SPHB has an expense ratio of 0.25% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $20 per year of difference.

Which performed better, SPHB or VXUS?

Over the past year SPHB returned +47.07% vs +28.53% for VXUS, so SPHB leads on 1-year performance. Over the longest common window we track (15 years), SPHB annualized +12.94% vs +4.81% for VXUS. Past performance does not guarantee future results.

Which is riskier, SPHB or VXUS?

SPHB has been the more volatile fund at 24.6% annualized versus 15.1% for VXUS. Worst drawdown: SPHB -47.8% vs VXUS -39.9%.

Should I hold both SPHB and VXUS?

SPHB and VXUS have a monthly-return correlation of 0.83, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SPHB and VXUS?

SPHB and VXUS share 2 common holdings with a 0.0% weight overlap. Combined, they hold 7958 unique securities.

Which pays a higher dividend, SPHB or VXUS?

SPHB yields 0.52% while VXUS yields 2.60%, so VXUS currently pays the higher dividend yield.

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