SPXT 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

MetricSPXTVTIWinner
Expense Ratio0.09%0.03%
AUM$275M$663.5B
Dividend Yield1.37%1.07%
Holdings4303,543
YTD Return+8.19%+11.83%
1Y Return+17.69%+21.79%
3Y Return (annualized)+16.30%+20.40%
5Y Return (annualized)+9.67%+11.96%
Volatility (annualized)14.4%15.3%
Max Drawdown-34.4%-56.6%
Fund FamilyProSharesVanguard (US)
CategoryEquityEquity
InceptionSep 22, 2015May 24, 2001

SPXT vs VTI Performance

ProShares S&P 500 Ex-Technology ETF (SPXT) is a ETF from ProShares and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year SPXT returned +17.69% while VTI returned +21.79%. Year to date, SPXT is up 8.19% versus a gain of 11.83% for VTI.

Over three years, SPXT compounded at +16.30% per year against +20.40% for VTI; over five years the annualized figures are +9.67% and +11.96% respectively. Across the full 11-year window we track, SPXT has the edge at +10.81% annualized vs +8.06%. 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 14.4% for SPXT. 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 -34.4% for SPXT 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 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

SPXT charges 0.09% per year while VTI charges 0.03%. On a $10,000 position that is $9 vs $3 annually, a gap of $6 per year that compounds over a long holding period. On income, SPXT currently yields 1.37% against 1.07% for VTI.

Holdings Overlap

52.3%overlap

SPXT and VTI share 391 holdings out of 2821 unique holdings combined, representing a 52.3% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in SPXTWeight in VTIDifference
AMZN5.85%3.17%2.68%
GOOGL5.26%2.88%2.38%
GOOG4.22%2.27%1.95%
METAProProPro
TSLAProProPro
LLYProProPro
JPMProProPro
JNJProProPro
VProProPro
XOMProProPro
See all 10 holdings SPXT 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, SPXT or VTI?

SPXT has an expense ratio of 0.09% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $6 per year of difference.

Which performed better, SPXT or VTI?

Over the past year SPXT returned +17.69% vs +21.79% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (11 years), SPXT annualized +10.81% vs +8.06% for VTI. Past performance does not guarantee future results.

Which is riskier, SPXT or VTI?

VTI has been the more volatile fund at 15.3% annualized versus 14.4% for SPXT. Worst drawdown: SPXT -34.4% vs VTI -56.6%.

Should I hold both SPXT and VTI?

SPXT and VTI have a monthly-return correlation of 0.96, 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 SPXT and VTI?

SPXT and VTI share 391 common holdings with a 52.3% weight overlap. Combined, they hold 2821 unique securities.

Which pays a higher dividend, SPXT or VTI?

SPXT yields 1.37% while VTI yields 1.07%, so SPXT currently pays the higher dividend yield.

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