SPLV vs VTI
SPLV vs VTI
Invesco S&P 500 Low Volatility ETF vs Vanguard Total Stock Market ETF
Quick Verdict
VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.
Side-by-Side Comparison
| Metric | SPLV | VTI | Winner |
|---|---|---|---|
| Expense Ratio | 0.25% | 0.03% | |
| AUM | $7.2B | $663.5B | |
| Dividend Yield | 2.14% | 1.07% | |
| Holdings | 110 | 3,543 | |
| YTD Return | +8.41% | +14.20% | |
| 1Y Return | +6.07% | +24.16% | |
| 3Y Return (annualized) | +9.29% | +21.12% | |
| 5Y Return (annualized) | +6.00% | +12.37% | |
| Volatility (annualized) | 11.6% | 15.3% | |
| Max Drawdown | -36.6% | -56.6% | |
| Fund Family | Invesco (US) | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | May 5, 2011 | May 24, 2001 |
SPLV vs VTI Performance
Invesco S&P 500 Low Volatility ETF (SPLV) is a ETF from Invesco (US) and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year SPLV returned +6.07% while VTI returned +24.16%. Year to date, SPLV is up 8.41% versus a gain of 14.20% for VTI.
Over three years, SPLV compounded at +9.29% per year against +21.12% for VTI; over five years the annualized figures are +6.00% and +12.37% respectively. Across the full 15-year window we track, SPLV has the edge at +8.45% annualized vs +8.14%. 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 11.6% for SPLV. 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 -36.6% for SPLV 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SPLV charges 0.25% per year while VTI charges 0.03%. On a $10,000 position that is $25 vs $3 annually, a gap of $22 per year that compounds over a long holding period. On income, SPLV currently yields 2.14% against 1.07% for VTI.
Holdings Overlap
SPLV and VTI share 92 holdings out of 2793 unique holdings combined, representing a 12.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SPLV | Weight in VTI | Difference |
|---|---|---|---|
| JNJ | 1.26% | 0.84% | 0.42% |
| JPM:US | 0.92% | 1.11% | 0.19% |
| V | 0.90% | 0.77% | 0.13% |
| KO | Pro | Pro | Pro |
| COST | Pro | Pro | Pro |
| PG | Pro | Pro | Pro |
| LIN:IE | Pro | Pro | Pro |
| MA | Pro | Pro | Pro |
| WMT | Pro | Pro | Pro |
| DUK | Pro | Pro | Pro |
See all 10 holdings SPLV shares with VTI 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, SPLV or VTI?
SPLV has an expense ratio of 0.25% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $22 per year of difference.
Which performed better, SPLV or VTI?
Over the past year SPLV returned +6.07% vs +24.16% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (15 years), SPLV annualized +8.45% vs +8.14% for VTI. Past performance does not guarantee future results.
Which is riskier, SPLV or VTI?
VTI has been the more volatile fund at 15.3% annualized versus 11.6% for SPLV. Worst drawdown: SPLV -36.6% vs VTI -56.6%.
Should I hold both SPLV and VTI?
SPLV and VTI have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SPLV and VTI?
SPLV and VTI share 92 common holdings with a 12.9% weight overlap. Combined, they hold 2793 unique securities.
Which pays a higher dividend, SPLV or VTI?
SPLV yields 2.14% while VTI yields 1.07%, so SPLV currently pays the higher dividend yield.
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