SPDG vs VOO
State Street SPDR Portfolio S&P Sector Neutral Dividend ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. SPDG delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | SPDG | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.05% | 0.03% | |
| AUM | $12M | $979.0B | |
| Dividend Yield | 2.70% | 1.09% | |
| Holdings | 279 | 509 | |
| YTD Return | +17.49% | +13.44% | |
| 1Y Return | +27.51% | +22.62% | |
| 3Y Return (annualized) | +20.00% | +21.47% | |
| 5Y Return (annualized) | - | +13.27% | |
| Volatility (annualized) | 11.9% | 14.1% | |
| Max Drawdown | -15.7% | -34.3% | |
| Fund Family | State Street Investment Management | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Sep 11, 2023 | Sep 7, 2010 |
SPDG vs VOO Performance
State Street SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) is a ETF from State Street Investment Management and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year SPDG returned +27.51% while VOO returned +22.62%. Year to date, SPDG is up 17.49% versus a gain of 13.44% for VOO.
Over three years, SPDG compounded at +20.00% per year against +21.47% for VOO. Across the full 3-year window we track, SPDG has the edge at +20.00% annualized vs +13.55%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 11.9% for SPDG. 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 -15.7% for SPDG and -34.3% for VOO. 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SPDG charges 0.05% per year while VOO charges 0.03%. On a $10,000 position that is $5 vs $3 annually, a gap of $2 per year that compounds over a long holding period. On income, SPDG currently yields 2.70% against 1.09% for VOO.
Holdings Overlap
SPDG and VOO share 142 holdings out of 641 unique holdings combined, representing a 18.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SPDG or VOO?
SPDG has an expense ratio of 0.05% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $2 per year of difference.
Which performed better, SPDG or VOO?
Over the past year SPDG returned +27.51% vs +22.62% for VOO, so SPDG leads on 1-year performance. Over the longest common window we track (3 years), SPDG annualized +20.00% vs +13.55% for VOO. Past performance does not guarantee future results.
Which is riskier, SPDG or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 11.9% for SPDG. Worst drawdown: SPDG -15.7% vs VOO -34.3%.
Should I hold both SPDG and VOO?
SPDG and VOO have a monthly-return correlation of 0.82, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SPDG and VOO?
SPDG and VOO share 142 common holdings with a 18.8% weight overlap. Combined, they hold 641 unique securities.
Which pays a higher dividend, SPDG or VOO?
SPDG yields 2.70% while VOO yields 1.09%, so SPDG currently pays the higher dividend yield.
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