SPMD vs VTI
SPMD vs VTI
State Street SPDR Portfolio S&P 400 Mid Cap ETF vs Vanguard Total Stock Market ETF
Quick Verdict
SPMD delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.
Side-by-Side Comparison
| Metric | SPMD | VTI | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.03% | |
| AUM | $18.4B | $663.5B | |
| Dividend Yield | 1.20% | 1.07% | |
| Holdings | 403 | 3,543 | |
| YTD Return | +16.43% | +13.92% | |
| 1Y Return | +24.85% | +24.07% | |
| 3Y Return (annualized) | +14.29% | +20.88% | |
| 5Y Return (annualized) | +9.19% | +12.47% | |
| Volatility (annualized) | 18.6% | 15.3% | |
| Max Drawdown | -60.5% | -56.6% | |
| Fund Family | State Street Investment Management | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Nov 8, 2005 | May 24, 2001 |
SPMD vs VTI Performance
State Street SPDR Portfolio S&P 400 Mid Cap ETF (SPMD) is a ETF from State Street Investment Management and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year SPMD returned +24.85% while VTI returned +24.07%. Year to date, SPMD is up 16.43% versus a gain of 13.92% for VTI.
Over three years, SPMD compounded at +14.29% per year against +20.88% for VTI; over five years the annualized figures are +9.19% and +12.47% respectively. Across the full 21-year window we track, VTI has the edge at +8.13% annualized vs +7.42%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPMD has been the more volatile fund, with annualized monthly volatility of 18.6% compared with 15.3% for VTI. 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 -60.5% for SPMD 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SPMD charges 0.03% per year while VTI charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, SPMD currently yields 1.20% against 1.07% for VTI.
Holdings Overlap
SPMD and VTI share 297 holdings out of 2887 unique holdings combined, representing a 2.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SPMD | Weight in VTI | Difference |
|---|---|---|---|
| FLEX:SI | 0.98% | 0.08% | 0.90% |
| 0RMV:LN | 0.89% | 0.04% | 0.85% |
| CW | 0.78% | 0.04% | 0.74% |
| XPO | Pro | Pro | Pro |
| UTHR | Pro | Pro | Pro |
| FN | Pro | Pro | Pro |
| MTZ | Pro | Pro | Pro |
| TWLO | Pro | Pro | Pro |
| PSTG | Pro | Pro | Pro |
| ENTG | Pro | Pro | Pro |
See all 10 holdings SPMD 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, SPMD or VTI?
SPMD has an expense ratio of 0.03% while VTI charges 0.03%. They cost the same. On a $10,000 investment, that is $0 per year of difference.
Which performed better, SPMD or VTI?
Over the past year SPMD returned +24.85% vs +24.07% for VTI, so SPMD leads on 1-year performance. Over the longest common window we track (21 years), SPMD annualized +7.42% vs +8.13% for VTI. Past performance does not guarantee future results.
Which is riskier, SPMD or VTI?
SPMD has been the more volatile fund at 18.6% annualized versus 15.3% for VTI. Worst drawdown: SPMD -60.5% vs VTI -56.6%.
Should I hold both SPMD and VTI?
SPMD and VTI 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 SPMD and VTI?
SPMD and VTI share 297 common holdings with a 2.7% weight overlap. Combined, they hold 2887 unique securities.
Which pays a higher dividend, SPMD or VTI?
SPMD yields 1.20% while VTI yields 1.07%, so SPMD currently pays the higher dividend yield.
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