SPYI vs VTI
SPYI vs VTI
NEOS S&P 500 High Income ETF vs Vanguard Total Stock Market ETF
Quick Verdict
VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.
Side-by-Side Comparison
| Metric | SPYI | VTI | Winner |
|---|---|---|---|
| Expense Ratio | 0.68% | 0.03% | |
| AUM | $10.8B | $663.5B | |
| Dividend Yield | 11.84% | 1.07% | |
| Holdings | 509 | 3,543 | |
| YTD Return | +2.68% | +13.57% | |
| 1Y Return | +10.90% | +24.23% | |
| 3Y Return (annualized) | +12.91% | +20.73% | |
| 5Y Return (annualized) | - | +12.24% | |
| Volatility (annualized) | 10.4% | 15.3% | |
| Max Drawdown | -16.5% | -56.6% | |
| Fund Family | NEOS | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Aug 29, 2022 | May 24, 2001 |
SPYI vs VTI Performance
NEOS S&P 500 High Income ETF (SPYI) is a ETF from NEOS and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year SPYI returned +10.90% while VTI returned +24.23%. Year to date, SPYI is up 2.68% versus a gain of 13.57% for VTI.
Over three years, SPYI compounded at +12.91% per year against +20.73% for VTI. Across the full 4-year window we track, SPYI has the edge at +13.20% annualized vs +8.12%. 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 10.4% for SPYI. 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 -16.5% for SPYI 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 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SPYI charges 0.68% per year while VTI charges 0.03%. On a $10,000 position that is $68 vs $3 annually, a gap of $65 per year that compounds over a long holding period. On income, SPYI currently yields 11.84% against 1.07% for VTI.
Holdings Overlap
SPYI and VTI share 461 holdings out of 2823 unique holdings combined, representing a 83.5% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in SPYI | Weight in VTI | Difference |
|---|---|---|---|
| NVDA | 7.50% | 6.32% | 1.18% |
| AAPL | 7.75% | 5.84% | 1.91% |
| MSFT | 4.54% | 3.81% | 0.73% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
See all 10 holdings SPYI shares with VTI Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, SPYI or VTI?
SPYI has an expense ratio of 0.68% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $65 per year of difference.
Which performed better, SPYI or VTI?
Over the past year SPYI returned +10.90% vs +24.23% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (4 years), SPYI annualized +13.20% vs +8.12% for VTI. Past performance does not guarantee future results.
Which is riskier, SPYI or VTI?
VTI has been the more volatile fund at 15.3% annualized versus 10.4% for SPYI. Worst drawdown: SPYI -16.5% vs VTI -56.6%.
Should I hold both SPYI and VTI?
SPYI and VTI have a monthly-return correlation of 0.97, 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 SPYI and VTI?
SPYI and VTI share 461 common holdings with a 83.5% weight overlap. Combined, they hold 2823 unique securities.
Which pays a higher dividend, SPYI or VTI?
SPYI yields 11.84% while VTI yields 1.07%, so SPYI currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.