SPY vs VCOB

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricSPYVCOBWinner
Expense Ratio0.09%0.25%
AUM$789.1B$97M
Dividend Yield1.01%0.50%
Holdings505770
YTD Return+11.49%-2.51%
1Y Return+21.37%-
3Y Return (annualized)+20.76%-
5Y Return (annualized)+12.94%-
Volatility (annualized)15.3%-
Max Drawdown-56.5%-4.0%
Fund FamilyState Street Investment ManagementVoya Investment Management
CategoryEquityFixed Income
InceptionJan 22, 1993Nov 18, 2025

SPY vs VCOB Performance

State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and Voya Core Bond ETF (VCOB) is a ETF from Voya Investment Management. Year to date, SPY is up 11.49% versus a loss of 2.51% for VCOB.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -56.5% for SPY and -4.0% for VCOB. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

SPY charges 0.09% per year while VCOB charges 0.25%. On a $10,000 position that is $9 vs $25 annually, a gap of $16 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 0.50% for VCOB.

Holdings Overlap

0.0%overlap

SPY and VCOB share 0 holdings out of 922 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, SPY or VCOB?

SPY has an expense ratio of 0.09% while VCOB charges 0.25%. SPY is the cheaper option. On a $10,000 investment, that is $16 per year of difference.

What is the holdings overlap between SPY and VCOB?

SPY and VCOB share 0 common holdings with a 0.0% weight overlap. Combined, they hold 922 unique securities.

Which pays a higher dividend, SPY or VCOB?

SPY yields 1.01% while VCOB yields 0.50%, so SPY currently pays the higher dividend yield.

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