SPDW vs VCIT
State Street SPDR Portfolio Developed World ex-US ETF vs Vanguard Intermediate Term Corporate Bond ETF
Which is better, SPDW or VCIT?
Large Cap Blend against Long Term Mid Quality.
SPDW led over 1Y, 3Y, 5Y and the full window.
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 | SPDW | VCIT |
|---|---|---|
| Expense Ratio | 0.03%Tie | 0.03%Tie |
| AUM | $42.1B | $69.8B |
| Dividend Yield | 2.92% | 4.89% |
| Holdings | 2,440 | 2,271 |
| YTD Return | +14.53%Best | -1.72% |
| 1Y Return | +22.40%Best | -0.83% |
| 3Y Return (annualized) | +19.50%Best | +5.86% |
| 5Y Return (annualized) | +9.82%Best | +0.46% |
| Volatility (annualized) | 15.8% | 5.9%Best |
| Max Drawdown | -38.8% | -20.7%Best |
| $10,000 over 5 years | $15,974Best | $10,232 |
| Fund Family | SPDR State Street Global Advisors | Vanguard (US) |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | Long Term Mid Quality |
| Inception | Apr 20, 2007 | Nov 19, 2009 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Nov 23, 2009 to Sep 18, 2026 (16.8 years).
SPDW vs VCIT 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 16.8 years both funds cover.
SPDW vs VCIT Performance
State Street SPDR Portfolio Developed World ex-US ETF (SPDW) is an ETF from SPDR State Street Global Advisors and Vanguard Intermediate Term Corporate Bond ETF (VCIT) is an ETF from Vanguard (US). Over the past year SPDW returned +22.40% while VCIT returned -0.83%. Year to date, SPDW is up 14.53% versus a loss of 1.72% for VCIT.
Over three years, SPDW compounded at +19.50% per year against +5.86% for VCIT; over five years the annualized figures are +9.82% and +0.46% respectively. Across the full 17-year window we track, SPDW has the edge at +5.40% annualized vs +1.66%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPDW has been the more volatile fund, with annualized monthly volatility of 15.8% compared with 5.9% for VCIT. 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 -38.8% for SPDW and -20.7% for VCIT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.52. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SPDW charges 0.03% per year while VCIT charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, SPDW currently yields 2.92% against 4.89% for VCIT.
Holdings Overlap
We hold position weights for 2,129 holdings in SPDW and 1,364 in VCIT, totalling 86.3% and 61.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2,129 positions we hold weights for in SPDW and 1,364 in VCIT, against full books of 2,440 and 2,271.
You are not choosing between two funds in isolation.
Whichever of SPDW and VCIT you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SPDW or VCIT?
SPDW has an expense ratio of 0.03% while VCIT charges 0.03%. At the precision these are quoted to, they cost the same.
Which performed better, SPDW or VCIT?
Over the past year SPDW returned +22.40% vs -0.83% for VCIT, so SPDW leads on 1-year performance. Over the longest common window we track (17 years), SPDW annualized +5.40% vs +1.66% for VCIT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPDW or VCIT?
SPDW has been the more volatile fund at 15.8% annualized versus 5.9% for VCIT. Worst drawdown: SPDW -38.8% vs VCIT -20.7%.
Should I hold both SPDW and VCIT?
SPDW and VCIT have a monthly-return correlation of 0.52, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, SPDW or VCIT?
SPDW yields 2.92% while VCIT yields 4.89%, so VCIT currently pays the higher dividend yield.
Is VCIT better than SPDW?
SPDW led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.