SPDV vs VTI
AAM S&P 500 High Dividend Value ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, SPDV or VTI?
Large Cap Value against Large Cap Blend.
VTI has a lower expense ratio. SPDV led over 1Y, VTI over 3Y, 5Y and the full window. SPDV is less concentrated, with 21.4% of the fund in its ten largest positions against 33.3%.
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 | SPDV | VTI |
|---|---|---|
| Expense Ratio | 0.29% | 0.03%Best |
| AUM | $106M | $666.9B |
| Dividend Yield | 3.23% | 1.03% |
| Holdings | 52 | 3,543 |
| YTD Return | +17.52%Best | +12.30% |
| 1Y Return | +20.13%Best | +16.08% |
| 3Y Return (annualized) | +17.17% | +21.01%Best |
| 5Y Return (annualized) | +10.69% | +12.36%Best |
| Volatility (annualized) | 18.3% | 16.7%Best |
| Max Drawdown | -45.4% | -35.0%Best |
| $10,000 over 5 years | $16,617 | $17,908Best |
| Top 10 Weight | 21.4%Best | 33.3% |
| Fund Family | Advisors Asset Management, Inc. | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Nov 28, 2017 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Nov 29, 2017 to Sep 18, 2026 (8.8 years).
SPDV 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 8.8 years both funds cover.
SPDV vs VTI Performance
AAM S&P 500 High Dividend Value ETF (SPDV) is an ETF from Advisors Asset Management, Inc. and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year SPDV returned +20.13% while VTI returned +16.08%. Year to date, SPDV is up 17.52% versus a gain of 12.30% for VTI.
Over three years, SPDV compounded at +17.17% per year against +21.01% for VTI; over five years the annualized figures are +10.69% and +12.36% respectively. Across the full 9-year window we track, VTI has the edge at +13.27% annualized vs +7.93%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPDV has been the more volatile fund, with annualized monthly volatility of 18.3% compared with 16.7% 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 -45.4% for SPDV 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SPDV charges 0.29% per year while VTI charges 0.03%. On a $10,000 position that is $29 vs $3 annually, a gap of $26 per year that compounds over a long holding period. On income, SPDV currently yields 3.23% against 1.03% for VTI.
Holdings Overlap
95.8% of SPDV's money is in holdings VTI also owns. 3.8% of VTI's money is in holdings SPDV also owns.
Most of SPDV is already inside VTI. Owning both mostly buys the same companies twice.
53 positions in common, counted across the 56 positions we hold weights for in SPDV and 3,463 in VTI, against full books of 52 and 3,543.
What only one of them owns
Our book lists 1,098 positions for VTI that do not appear in our book for SPDV (93.7% of the fund), and 1 for SPDV that do not appear in VTI (1.9%).
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
| Stock | Weight in SPDV | Weight in VTI | Difference |
|---|---|---|---|
| CTSHCognizant Technology Solutions Corp. Class A | 2.56% | 0.04% | 2.52% |
| VZVerizon Communic | 1.98% | 0.24% | 1.74% |
| HPQHp Inc. | 2.18% | 0.03% | 2.15% |
| PFEPfizer Inc | 2.01% | 0.20% | 1.81% |
| BRBroadridge Financial Solutions, Inc. | 2.18% | 0.02% | 2.16% |
| TBBAt&t Inc | 1.97% | 0.22% | 1.75% |
| ADPAutomatic Data Processing, Inc. | 2.03% | 0.15% | 1.88% |
| APAApa Corp | 2.14% | 0.02% | 2.12% |
| BMYBristol-Myers Squibb Co. | 1.92% | 0.18% | 1.74% |
| CMCSAComcast Corp-class A Cmcsa | 1.95% | 0.12% | 1.83% |
95.8% of SPDV 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.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SPDV or VTI?
SPDV has an expense ratio of 0.29% while VTI charges 0.03%. VTI is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, SPDV or VTI?
Over the past year SPDV returned +20.13% vs +16.08% for VTI, so SPDV leads on 1-year performance. Over the longest common window we track (9 years), SPDV annualized +7.93% vs +13.27% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPDV or VTI?
SPDV has been the more volatile fund at 18.3% annualized versus 16.7% for VTI. Worst drawdown: SPDV -45.4% vs VTI -35.0%.
Should I hold both SPDV and VTI?
SPDV and VTI have a monthly-return correlation of 0.83, 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 SPDV and VTI?
95.8% of SPDV's money is in holdings VTI also owns. 3.8% of VTI's is in holdings SPDV also owns. They hold 53 positions in common, counted across the 56 positions we hold weights for in SPDV and 3,463 in VTI.
Which pays a higher dividend, SPDV or VTI?
SPDV yields 3.23% while VTI yields 1.03%, so SPDV currently pays the higher dividend yield.
Is VTI better than SPDV?
VTI has a lower expense ratio. SPDV led over 1Y, VTI over 3Y, 5Y and the full window. SPDV is less concentrated, with 21.4% of the fund in its ten largest positions against 33.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.