SPBO vs VTI
State Street SPDR Portfolio Corporate Bond ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, SPBO or VTI?
Long Term Mid Quality against Large Cap Blend.
VTI led over 1Y, 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | SPBO | VTI |
|---|---|---|
| Expense Ratio | 0.03%Tie | 0.03%Tie |
| AUM | $2.1B | $666.9B |
| Dividend Yield | 5.19% | 1.03% |
| Holdings | 4,083 | 3,543 |
| YTD Return | -1.02% | +12.30%Best |
| 1Y Return | -0.54% | +16.08%Best |
| 3Y Return (annualized) | +5.16% | +21.01%Best |
| 5Y Return (annualized) | -0.36% | +12.36%Best |
| Volatility (annualized) | 6.1%Best | 14.7% |
| Max Drawdown | -22.4%Best | -35.0% |
| $10,000 over 5 years | $9,821 | $17,908Best |
| Fund Family | State Street Investment Management | Vanguard (US) |
| Category | Fixed Income | Equity |
| Style | Long Term Mid Quality | Large Cap Blend |
| Inception | Apr 6, 2011 | May 24, 2001 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 7, 2011 to Sep 18, 2026 (15.4 years).
SPBO vs VTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
SPBO vs VTI Performance
State Street SPDR Portfolio Corporate Bond ETF (SPBO) is an ETF from State Street Investment Management and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year SPBO returned -0.54% while VTI returned +16.08%. Year to date, SPBO is down 1.02% versus a gain of 12.30% for VTI.
Over three years, SPBO compounded at +5.16% per year against +21.01% for VTI; over five years the annualized figures are -0.36% and +12.36% respectively. Across the full 15-year window we track, VTI has the edge at +12.13% annualized vs +1.06%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VTI has been the more volatile fund, with annualized monthly volatility of 14.7% compared with 6.1% for SPBO. 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 -22.4% for SPBO and -35.0% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.50. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SPBO charges 0.03% per year while VTI charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, SPBO currently yields 5.19% against 1.03% for VTI.
Holdings Overlap
We hold position weights for 2 holdings in SPBO and 3,463 in VTI, totalling 1.0% and 98.1% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in SPBO and 3,463 in VTI, against full books of 4,083 and 3,543.
You are not choosing between two funds in isolation.
Whichever of SPBO and VTI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SPBO or VTI?
SPBO has an expense ratio of 0.03% while VTI charges 0.03%. At the precision these are quoted to, they cost the same.
Which performed better, SPBO or VTI?
Over the past year SPBO returned -0.54% vs +16.08% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (15 years), SPBO annualized +1.06% vs +12.13% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPBO or VTI?
VTI has been the more volatile fund at 14.7% annualized versus 6.1% for SPBO. Worst drawdown: SPBO -22.4% vs VTI -35.0%.
Should I hold both SPBO and VTI?
SPBO and VTI have a monthly-return correlation of 0.50, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SPBO or VTI?
SPBO yields 5.19% while VTI yields 1.03%, so SPBO currently pays the higher dividend yield.
Is VTI better than SPBO?
VTI led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.