SPHD vs VIG
SPHD vs VIG
Invesco S&P 500 High Dividend Low Volatility ETF vs Vanguard Dividend Appreciation ETF
Quick Verdict
VIG has a lower expense ratio. VIG delivered stronger 1-year returns. VIG offers more diversification with 331 holdings.
Side-by-Side Comparison
| Metric | SPHD | VIG | Winner |
|---|---|---|---|
| Expense Ratio | 0.30% | 0.04% | |
| AUM | $3.4B | $110.2B | |
| Dividend Yield | 4.58% | 1.79% | |
| Holdings | 61 | 335 | |
| YTD Return | +12.77% | +11.48% | |
| 1Y Return | +15.40% | +19.88% | |
| 3Y Return (annualized) | +12.78% | +16.13% | |
| 5Y Return (annualized) | +8.32% | +10.90% | |
| Volatility (annualized) | 14.3% | 13.3% | |
| Max Drawdown | -42.1% | -48.2% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Oct 18, 2012 | Apr 21, 2006 |
SPHD vs VIG Performance
Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) is a ETF from Invesco (US) and Vanguard Dividend Appreciation ETF (VIG) is a ETF from Vanguard (US). Over the past year SPHD returned +15.40% while VIG returned +19.88%. Year to date, SPHD is up 12.77% versus a gain of 11.48% for VIG.
Over three years, SPHD compounded at +12.78% per year against +16.13% for VIG; over five years the annualized figures are +8.32% and +10.90% respectively. Across the full 14-year window we track, VIG has the edge at +8.66% annualized vs +7.09%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPHD has been the more volatile fund, with annualized monthly volatility of 14.3% compared with 13.3% for VIG. 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 -42.1% for SPHD and -48.2% for VIG. 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SPHD charges 0.30% per year while VIG charges 0.04%. On a $10,000 position that is $30 vs $4 annually, a gap of $26 per year that compounds over a long holding period. On income, SPHD currently yields 4.58% against 1.79% for VIG.
Holdings Overlap
SPHD and VIG share 4 holdings out of 376 unique holdings combined, representing a 1.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SPHD | Weight in VIG | Difference |
|---|---|---|---|
| XOM | 1.42% | 2.48% | 1.06% |
| PFG | 1.74% | 0.09% | 1.65% |
| DTE | 1.63% | 0.14% | 1.49% |
| FITB | Pro | Pro | Pro |
See all 4 holdings SPHD shares with VIG Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, SPHD or VIG?
SPHD has an expense ratio of 0.30% while VIG charges 0.04%. VIG is the cheaper option. On a $10,000 investment, that is $26 per year of difference.
Which performed better, SPHD or VIG?
Over the past year SPHD returned +15.40% vs +19.88% for VIG, so VIG leads on 1-year performance. Over the longest common window we track (14 years), SPHD annualized +7.09% vs +8.66% for VIG. Past performance does not guarantee future results.
Which is riskier, SPHD or VIG?
SPHD has been the more volatile fund at 14.3% annualized versus 13.3% for VIG. Worst drawdown: SPHD -42.1% vs VIG -48.2%.
Should I hold both SPHD and VIG?
SPHD and VIG have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SPHD and VIG?
SPHD and VIG share 4 common holdings with a 1.9% weight overlap. Combined, they hold 376 unique securities.
Which pays a higher dividend, SPHD or VIG?
SPHD yields 4.58% while VIG yields 1.79%, so SPHD currently pays the higher dividend yield.
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