SPVU 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

MetricSPVUVTIWinner
Expense Ratio0.13%0.03%
AUM$111M$663.5B
Dividend Yield2.46%1.07%
Holdings1013,543
YTD Return+6.64%+14.20%
1Y Return+20.22%+24.16%
3Y Return (annualized)+15.36%+21.12%
5Y Return (annualized)+12.97%+12.37%
Volatility (annualized)20.1%15.3%
Max Drawdown-51.7%-56.6%
Fund FamilyInvesco (US)Vanguard (US)
CategoryEquityEquity
InceptionOct 9, 2015May 24, 2001

SPVU vs VTI Performance

Invesco S&P 500 Enhanced Value ETF (SPVU) is a ETF from Invesco (US) and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year SPVU returned +20.22% while VTI returned +24.16%. Year to date, SPVU is up 6.64% versus a gain of 14.20% for VTI.

Over three years, SPVU compounded at +15.36% per year against +21.12% for VTI; over five years the annualized figures are +12.97% and +12.37% respectively. Across the full 10-year window we track, SPVU has the edge at +11.48% annualized vs +8.14%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SPVU has been the more volatile fund, with annualized monthly volatility of 20.1% 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 -51.7% for SPVU 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 0.83. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

SPVU charges 0.13% per year while VTI charges 0.03%. On a $10,000 position that is $13 vs $3 annually, a gap of $10 per year that compounds over a long holding period. On income, SPVU currently yields 2.46% against 1.07% for VTI.

Holdings Overlap

9.0%overlap

SPVU and VTI share 92 holdings out of 2791 unique holdings combined, representing a 9.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SPVUWeight in VTIDifference
UNH5.59%0.52%5.07%
BRK.B4.80%1.24%3.56%
BAC5.25%0.50%4.75%
XOMProProPro
WFCProProPro
CVXProProPro
CProProPro
VZProProPro
CVSProProPro
CMCSAProProPro
See all 10 holdings SPVU shares with VTI
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Frequently Asked Questions

Which is cheaper, SPVU or VTI?

SPVU has an expense ratio of 0.13% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $10 per year of difference.

Which performed better, SPVU or VTI?

Over the past year SPVU returned +20.22% vs +24.16% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (10 years), SPVU annualized +11.48% vs +8.14% for VTI. Past performance does not guarantee future results.

Which is riskier, SPVU or VTI?

SPVU has been the more volatile fund at 20.1% annualized versus 15.3% for VTI. Worst drawdown: SPVU -51.7% vs VTI -56.6%.

Should I hold both SPVU and VTI?

SPVU and VTI have a monthly-return correlation of 0.83, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SPVU and VTI?

SPVU and VTI share 92 common holdings with a 9.0% weight overlap. Combined, they hold 2791 unique securities.

Which pays a higher dividend, SPVU or VTI?

SPVU yields 2.46% while VTI yields 1.07%, so SPVU currently pays the higher dividend yield.

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