SPLG vs VOO
SPLG vs VOO
SPDR(R) Portfolio S&P 500 ETF vs Vanguard S&P 500 ETF
Quick Verdict
SPLG has a lower expense ratio. VOO delivered stronger 1-year returns. SPLG offers more diversification with 506 holdings.
Side-by-Side Comparison
| Metric | SPLG | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.02% | 0.03% | |
| AUM | - | $979.0B | |
| Dividend Yield | - | 1.09% | |
| Holdings | 506 | 509 | |
| YTD Return | +17.06% | +9.95% | |
| 1Y Return | +18.41% | +19.58% | |
| 3Y Return (annualized) | +22.40% | +19.43% | |
| 5Y Return (annualized) | +17.46% | +12.89% | |
| Volatility (annualized) | 15.3% | 14.2% | |
| Max Drawdown | -55.8% | -34.3% | |
| Fund Family | - | Vanguard (US) | |
| Category | - | Equity | |
| Inception | - | Sep 7, 2010 |
SPLG vs VOO Performance
SPDR(R) Portfolio S&P 500 ETF (SPLG) is a ETF from its sponsor and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year SPLG returned +18.41% while VOO returned +19.58%. Year to date, SPLG is up 17.06% versus a gain of 9.95% for VOO.
Over three years, SPLG compounded at +22.40% per year against +19.43% for VOO; over five years the annualized figures are +17.46% and +12.89% respectively. Across the full 16-year window we track, VOO has the edge at +13.35% annualized vs +9.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPLG has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 14.2% for VOO. 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 -55.8% for SPLG and -34.3% for VOO. 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SPLG charges 0.02% per year while VOO charges 0.03%. On a $10,000 position that is $2 vs $3 annually, a gap of $1 per year that compounds over a long holding period.
Holdings Overlap
SPLG and VOO share 470 holdings out of 541 unique holdings combined, representing a 82.3% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in SPLG | Weight in VOO | Difference |
|---|---|---|---|
| NVDA | 7.33% | 7.51% | 0.18% |
| AAPL | 5.83% | 6.59% | 0.76% |
| MSFT | 7.03% | 4.30% | 2.73% |
| AMZN | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| BRK.B | Pro | Pro | Pro |
See all 10 holdings SPLG shares with VOO 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, SPLG or VOO?
SPLG has an expense ratio of 0.02% while VOO charges 0.03%. SPLG is the cheaper option. On a $10,000 investment, that is $1 per year of difference.
Which performed better, SPLG or VOO?
Over the past year SPLG returned +18.41% vs +19.58% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), SPLG annualized +9.04% vs +13.35% for VOO. Past performance does not guarantee future results.
Which is riskier, SPLG or VOO?
SPLG has been the more volatile fund at 15.3% annualized versus 14.2% for VOO. Worst drawdown: SPLG -55.8% vs VOO -34.3%.
Should I hold both SPLG and VOO?
SPLG and VOO have a monthly-return correlation of 0.93, 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 SPLG and VOO?
SPLG and VOO share 470 common holdings with a 82.3% weight overlap. Combined, they hold 541 unique securities.
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