SPUT vs VTI

Quick Verdict

VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: VTIMore Diversified: VTI

Side-by-Side Comparison

MetricSPUTVTIWinner
Expense Ratio0.79%0.03%
AUM$17M$663.5B
Dividend Yield5.14%1.07%
Holdings5033,543
YTD Return+7.09%+11.83%
1Y Return+13.94%+21.79%
3Y Return (annualized)-+20.40%
5Y Return (annualized)-+11.96%
Volatility (annualized)7.0%15.3%
Max Drawdown-10.6%-56.6%
Fund FamilyInnovator ETFs TrustVanguard (US)
CategoryEquityEquity
InceptionMar 14, 2025May 24, 2001

SPUT vs VTI Performance

Innovator Equity Premium Income - Daily PutWrite ETF (SPUT) is a ETF from Innovator ETFs Trust and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year SPUT returned +13.94% while VTI returned +21.79%. Year to date, SPUT is up 7.09% versus a gain of 11.83% for VTI.

Risk: Volatility and Drawdowns

VTI has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 7.0% for SPUT. 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 -10.6% for SPUT 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

SPUT charges 0.79% per year while VTI charges 0.03%. On a $10,000 position that is $79 vs $3 annually, a gap of $76 per year that compounds over a long holding period. On income, SPUT currently yields 5.14% against 1.07% for VTI.

Holdings Overlap

45.5%overlap

SPUT and VTI share 457 holdings out of 2823 unique holdings combined, representing a 45.5% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SPUTWeight in VTIDifference
NVDA3.54%6.32%2.78%
AAPL3.18%5.84%2.66%
MSFT2.34%3.81%1.47%
AMZNProProPro
GOOGProProPro
AVGOProProPro
METAProProPro
TSLAProProPro
MUProProPro
LLYProProPro
See all 10 holdings SPUT shares with VTI
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, SPUT or VTI?

SPUT has an expense ratio of 0.79% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $76 per year of difference.

Which performed better, SPUT or VTI?

Over the past year SPUT returned +13.94% vs +21.79% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (1 years), SPUT annualized +14.78% vs +8.06% for VTI. Past performance does not guarantee future results.

Which is riskier, SPUT or VTI?

VTI has been the more volatile fund at 15.3% annualized versus 7.0% for SPUT. Worst drawdown: SPUT -10.6% vs VTI -56.6%.

Should I hold both SPUT and VTI?

SPUT and VTI have a monthly-return correlation of 0.95, 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 SPUT and VTI?

SPUT and VTI share 457 common holdings with a 45.5% weight overlap. Combined, they hold 2823 unique securities.

Which pays a higher dividend, SPUT or VTI?

SPUT yields 5.14% while VTI yields 1.07%, so SPUT currently pays the higher dividend yield.

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