SPDV vs VTI

Quick Verdict

VTI has a lower expense ratio. SPDV delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: SPDVMore Diversified: VTI

Side-by-Side Comparison

MetricSPDVVTIWinner
Expense Ratio0.29%0.03%
AUM$102M$663.5B
Dividend Yield3.37%1.07%
Holdings543,543
YTD Return+18.66%+14.20%
1Y Return+29.55%+24.16%
3Y Return (annualized)+16.22%+21.12%
5Y Return (annualized)+10.40%+12.37%
Volatility (annualized)18.3%15.3%
Max Drawdown-45.4%-56.6%
Fund FamilyAdvisors Asset Management, Inc.Vanguard (US)
CategoryEquityEquity
InceptionNov 28, 2017May 24, 2001

SPDV vs VTI Performance

AAM S&P 500 High Dividend Value ETF (SPDV) is a ETF from Advisors Asset Management, Inc. and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year SPDV returned +29.55% while VTI returned +24.16%. Year to date, SPDV is up 18.66% versus a gain of 14.20% for VTI.

Over three years, SPDV compounded at +16.22% per year against +21.12% for VTI; over five years the annualized figures are +10.40% and +12.37% respectively. Across the full 9-year window we track, SPDV has the edge at +8.16% annualized vs +8.14%. 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 15.3% 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 -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 0.82. 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 3.37% against 1.07% for VTI.

Holdings Overlap

0.4%overlap

SPDV and VTI share 4 holdings out of 2784 unique holdings combined, representing a 0.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SPDVWeight in VTIDifference
CF2.46%0.02%2.44%
AMGN1.83%0.27%1.56%
ADM2.00%0.05%1.95%
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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. On a $10,000 investment, that is $26 per year of difference.

Which performed better, SPDV or VTI?

Over the past year SPDV returned +29.55% vs +24.16% for VTI, so SPDV leads on 1-year performance. Over the longest common window we track (9 years), SPDV annualized +8.16% vs +8.14% for VTI. Past performance does not guarantee future results.

Which is riskier, SPDV or VTI?

SPDV has been the more volatile fund at 18.3% annualized versus 15.3% for VTI. Worst drawdown: SPDV -45.4% vs VTI -56.6%.

Should I hold both SPDV and VTI?

SPDV and VTI 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 SPDV and VTI?

SPDV and VTI share 4 common holdings with a 0.4% weight overlap. Combined, they hold 2784 unique securities.

Which pays a higher dividend, SPDV or VTI?

SPDV yields 3.37% while VTI yields 1.07%, so SPDV currently pays the higher dividend yield.

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