SPDG vs VTI

SPDG vs VTI

Which is better, SPDG or VTI?

Large Cap Value against Large Cap Blend.

VTI has a lower expense ratio. SPDG led over 1Y, VTI over 3Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 42.0%.

Lower Fees: VTIHigher Returns: splitLess Concentrated: VTI

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

MetricSPDGVTI
Expense Ratio0.05%0.03%Best
AUM$13M$666.9B
Dividend Yield2.68%1.03%
Holdings2773,543
YTD Return+13.21%Best+11.06%
1Y Return+18.11%Best+15.41%
3Y Return (annualized)+18.00%+20.48%Best
5Y Return (annualized)-+11.52%
Volatility (annualized)11.9%Best12.9%
Max Drawdown-15.7%Best-19.3%
$10,000 over 3 years$16,359$17,380Best
Top 10 Weight42.0%33.3%Best
Fund FamilyState Street Investment ManagementVanguard (US)
CategoryEquityEquity
StyleLarge Cap ValueLarge Cap Blend
InceptionSep 11, 2023May 24, 2001

Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Sep 12, 2023 to Sep 16, 2026 (3 years).

SPDG 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 covers the 3 years both funds cover.

SPDG vs VTI Performance

State Street SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) 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 SPDG returned +18.11% while VTI returned +15.41%. Year to date, SPDG is up 13.21% versus a gain of 11.06% for VTI.

Over three years, SPDG compounded at +18.00% per year against +20.48% for VTI.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VTI has been the more volatile fund, with annualized monthly volatility of 12.9% 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 -19.3% 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 0.84. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

SPDG charges 0.05% per year while VTI 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 2.68% against 1.03% for VTI.

Holdings Overlap

SPDG already in VTI96.6%
VTI already in SPDG17.7%

96.6% of SPDG's money is in holdings VTI also owns. 17.7% of VTI's money is in holdings SPDG also owns.

Most of SPDG is already inside VTI. Owning both mostly buys the same companies twice.

268 positions in common, counted across the 274 positions we hold weights for in SPDG and 3,463 in VTI, against full books of 277 and 3,543.

What only one of them owns

Our book lists 921 positions for VTI that do not appear in our book for SPDG (79.8% of the fund), and 4 for SPDG that do not appear in VTI (1.4%).

Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.

Top Shared Holdings

StockWeight in SPDGWeight in VTIDifference
CSCOCisco Systems Inc. - Ordinary Shares7.94%0.57%7.37%
VZVerizon Communic6.29%0.24%6.05%
IBMInternational Business Machines Corp.5.22%0.29%4.93%
TXNTexas Instrument Inc4.18%0.35%3.83%
HDHome Depot Inc/The3.52%0.46%3.06%
QCOMQualcomm Inc.3.29%0.22%3.07%
GLWCorning Inc.3.36%0.15%3.21%
ADIAnalog Devices, Inc.3.15%0.25%2.90%
CMCSAComcast Corp-class A Cmcsa3.12%0.12%3.00%
JNJJohnson & Johnson - Common1.88%0.86%1.02%

96.6% of SPDG is already inside VTI.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

SPDGVTI

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, SPDG or VTI?

SPDG has an expense ratio of 0.05% while VTI charges 0.03%. VTI is the cheaper option, by $2 a year on a $10,000 investment.

Which performed better, SPDG or VTI?

Over the past year SPDG returned +18.11% vs +15.41% for VTI, so SPDG leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, SPDG or VTI?

VTI has been the more volatile fund at 12.9% annualized versus 11.9% for SPDG. Worst drawdown: SPDG -15.7% vs VTI -19.3%.

Should I hold both SPDG and VTI?

SPDG and VTI have a monthly-return correlation of 0.84, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

What is the holdings overlap between SPDG and VTI?

96.6% of SPDG's money is in holdings VTI also owns. 17.7% of VTI's is in holdings SPDG also owns. They hold 268 positions in common, counted across the 274 positions we hold weights for in SPDG and 3,463 in VTI.

Which pays a higher dividend, SPDG or VTI?

SPDG yields 2.68% while VTI yields 1.03%, so SPDG currently pays the higher dividend yield.

Is VTI better than SPDG?

VTI has a lower expense ratio. SPDG led over 1Y, VTI over 3Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 42.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.