SPDW vs VTILX
State Street SPDR Portfolio Developed World ex-US ETF vs Vanguard Total International Bond II Index Fund Class Institutional
Quick Verdict
SPDW has a lower expense ratio. SPDW delivered stronger 1-year returns. VTILX offers more diversification with 7,391 holdings.
Side-by-Side Comparison
| Metric | SPDW | VTILX | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.07% | |
| AUM | $40.0B | $142.6B | |
| Dividend Yield | 3.02% | 4.12% | |
| Holdings | 2,440 | 7,391 | |
| YTD Return | +17.66% | -1.04% | |
| 1Y Return | +29.00% | -2.87% | |
| 3Y Return (annualized) | +20.29% | -0.32% | |
| 5Y Return (annualized) | +9.83% | - | |
| Volatility (annualized) | 17.6% | 6.0% | |
| Max Drawdown | -62.2% | -15.3% | |
| Fund Family | SPDR State Street Global Advisors | Vanguard (US) | |
| Category | Equity | Fixed Income | |
| Inception | Apr 20, 2007 | Feb 17, 2021 |
SPDW vs VTILX Performance
State Street SPDR Portfolio Developed World ex-US ETF (SPDW) is a ETF from SPDR State Street Global Advisors and Vanguard Total International Bond II Index Fund Class Institutional (VTILX) is a mutual fund from Vanguard (US). Over the past year SPDW returned +29.00% while VTILX returned -2.87%. Year to date, SPDW is up 17.66% versus a loss of 1.04% for VTILX.
Over three years, SPDW compounded at +20.29% per year against -0.32% for VTILX. Across the full 5-year window we track, SPDW has the edge at +3.21% annualized vs -2.84%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPDW has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 6.0% for VTILX. 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 -15.3% for VTILX. 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 0.68. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SPDW charges 0.03% per year while VTILX charges 0.07%. On a $10,000 position that is $3 vs $7 annually, a gap of $4 per year that compounds over a long holding period. On income, SPDW currently yields 3.02% against 4.12% for VTILX.
Holdings Overlap
SPDW and VTILX share 25 holdings out of 3782 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SPDW or VTILX?
SPDW has an expense ratio of 0.03% while VTILX charges 0.07%. SPDW is the cheaper option. On a $10,000 investment, that is $4 per year of difference.
Which performed better, SPDW or VTILX?
Over the past year SPDW returned +29.00% vs -2.87% for VTILX, so SPDW leads on 1-year performance. Over the longest common window we track (5 years), SPDW annualized +3.21% vs -2.84% for VTILX. Past performance does not guarantee future results.
Which is riskier, SPDW or VTILX?
SPDW has been the more volatile fund at 17.6% annualized versus 6.0% for VTILX. Worst drawdown: SPDW -62.2% vs VTILX -15.3%.
Should I hold both SPDW and VTILX?
SPDW and VTILX have a monthly-return correlation of 0.68, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SPDW and VTILX?
SPDW and VTILX share 25 common holdings with a 0.1% weight overlap. Combined, they hold 3782 unique securities.
Which pays a higher dividend, SPDW or VTILX?
SPDW yields 3.02% while VTILX yields 4.12%, so VTILX currently pays the higher dividend yield.
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