SPYG vs VTI

Quick Verdict

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

Lower Fees: VTIHigher Returns: SPYGMore Diversified: VTI

Side-by-Side Comparison

MetricSPYGVTIWinner
Expense Ratio0.04%0.03%
AUM$50.7B$663.5B
Dividend Yield0.48%1.07%
Holdings1493,543
YTD Return+14.81%+13.57%
1Y Return+25.55%+24.23%
3Y Return (annualized)+26.55%+20.73%
5Y Return (annualized)+13.93%+12.24%
Volatility (annualized)17.7%15.3%
Max Drawdown-69.7%-56.6%
Fund FamilyState Street Investment ManagementVanguard (US)
CategoryEquityEquity
InceptionSep 25, 2000May 24, 2001

SPYG vs VTI Performance

State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) 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 SPYG returned +25.55% while VTI returned +24.23%. Year to date, SPYG is up 14.81% versus a gain of 13.57% for VTI.

Over three years, SPYG compounded at +26.55% per year against +20.73% for VTI; over five years the annualized figures are +13.93% and +12.24% respectively. Across the full 25-year window we track, VTI has the edge at +8.12% annualized vs +6.64%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SPYG has been the more volatile fund, with annualized monthly volatility of 17.7% 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 -69.7% for SPYG 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

SPYG charges 0.04% per year while VTI charges 0.03%. On a $10,000 position that is $4 vs $3 annually, a gap of $1 per year that compounds over a long holding period. On income, SPYG currently yields 0.48% against 1.07% for VTI.

Holdings Overlap

16.9%overlap

SPYG and VTI share 15 holdings out of 2785 unique holdings combined, representing a 16.9% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SPYGWeight in VTIDifference
AAPL6.49%5.84%0.65%
MSFT8.13%3.81%4.32%
AMZN3.58%3.17%0.41%
AMDProProPro
AMATProProPro
GEVProProPro
APHProProPro
AMGNProProPro
AXPProProPro
BAProProPro
See all 10 holdings SPYG shares with VTI
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Frequently Asked Questions

Which is cheaper, SPYG or VTI?

SPYG has an expense ratio of 0.04% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $1 per year of difference.

Which performed better, SPYG or VTI?

Over the past year SPYG returned +25.55% vs +24.23% for VTI, so SPYG leads on 1-year performance. Over the longest common window we track (25 years), SPYG annualized +6.64% vs +8.12% for VTI. Past performance does not guarantee future results.

Which is riskier, SPYG or VTI?

SPYG has been the more volatile fund at 17.7% annualized versus 15.3% for VTI. Worst drawdown: SPYG -69.7% vs VTI -56.6%.

Should I hold both SPYG and VTI?

SPYG 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 SPYG and VTI?

SPYG and VTI share 15 common holdings with a 16.9% weight overlap. Combined, they hold 2785 unique securities.

Which pays a higher dividend, SPYG or VTI?

SPYG yields 0.48% while VTI yields 1.07%, so VTI currently pays the higher dividend yield.

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