SPDW vs VB

Quick Verdict

SPDW delivered stronger 1-year returns. SPDW offers more diversification with 2348 holdings.

Lower Fees: TiedHigher Returns: SPDWMore Diversified: SPDW

Side-by-Side Comparison

MetricSPDWVBWinner
Expense Ratio0.03%0.03%
AUM$40.0B$81.5B
Dividend Yield3.02%1.48%
Holdings2,4401,324
YTD Return+16.58%+17.82%
1Y Return+30.06%+29.09%
3Y Return (annualized)+19.68%+16.24%
5Y Return (annualized)+9.87%+8.18%
Volatility (annualized)17.6%18.9%
Max Drawdown-62.2%-61.0%
Fund FamilySPDR State Street Global AdvisorsVanguard (US)
CategoryEquityEquity
InceptionApr 20, 2007Jan 26, 2004

SPDW vs VB Performance

State Street SPDR Portfolio Developed World ex-US ETF (SPDW) is a ETF from SPDR State Street Global Advisors and Vanguard Small Cap ETF (VB) is a ETF from Vanguard (US). Over the past year SPDW returned +30.06% while VB returned +29.09%. Year to date, SPDW is up 16.58% versus a gain of 17.82% for VB.

Over three years, SPDW compounded at +19.68% per year against +16.24% for VB; over five years the annualized figures are +9.87% and +8.18% respectively. Across the full 19-year window we track, VB has the edge at +8.86% annualized vs +3.17%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VB has been the more volatile fund, with annualized monthly volatility of 18.9% compared with 17.6% for SPDW. 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 -62.2% for SPDW and -61.0% for VB. 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 0.84. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

SPDW charges 0.03% per year while VB charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, SPDW currently yields 3.02% against 1.48% for VB.

Holdings Overlap

0.1%overlap

SPDW and VB share 7 holdings out of 3453 unique holdings combined, representing a 0.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SPDWWeight in VBDifference
BG0.04%0.24%0.20%
HL0.00%0.21%0.21%
BEN0.01%0.11%0.10%
MTX:SGProProPro
SIGProProPro
FROGProProPro
BILLProProPro
See all 7 holdings SPDW shares with VB
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, SPDW or VB?

SPDW has an expense ratio of 0.03% while VB charges 0.03%. They cost the same. On a $10,000 investment, that is $0 per year of difference.

Which performed better, SPDW or VB?

Over the past year SPDW returned +30.06% vs +29.09% for VB, so SPDW leads on 1-year performance. Over the longest common window we track (19 years), SPDW annualized +3.17% vs +8.86% for VB. Past performance does not guarantee future results.

Which is riskier, SPDW or VB?

VB has been the more volatile fund at 18.9% annualized versus 17.6% for SPDW. Worst drawdown: SPDW -62.2% vs VB -61.0%.

Should I hold both SPDW and VB?

SPDW and VB have a monthly-return correlation of 0.84, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SPDW and VB?

SPDW and VB share 7 common holdings with a 0.1% weight overlap. Combined, they hold 3453 unique securities.

Which pays a higher dividend, SPDW or VB?

SPDW yields 3.02% while VB yields 1.48%, so SPDW currently pays the higher dividend yield.

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