SPGM vs VOO
SPGM vs VOO
State Street SPDR Portfolio MSCI Global Stock Market ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. SPGM delivered stronger 1-year returns. SPGM offers more diversification with 2846 holdings.
Side-by-Side Comparison
| Metric | SPGM | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.09% | 0.03% | |
| AUM | $1.7B | $979.0B | |
| Dividend Yield | 1.80% | 1.09% | |
| Holdings | 2,985 | 509 | |
| YTD Return | +14.76% | +13.80% | |
| 1Y Return | +27.05% | +23.71% | |
| 3Y Return (annualized) | +20.87% | +21.50% | |
| 5Y Return (annualized) | +11.68% | +13.44% | |
| Volatility (annualized) | 13.6% | 14.1% | |
| Max Drawdown | -34.0% | -34.3% | |
| Fund Family | SPDR State Street Global Advisors | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Feb 27, 2012 | Sep 7, 2010 |
SPGM vs VOO Performance
State Street SPDR Portfolio MSCI Global Stock Market ETF (SPGM) is a ETF from SPDR State Street Global Advisors and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year SPGM returned +27.05% while VOO returned +23.71%. Year to date, SPGM is up 14.76% versus a gain of 13.80% for VOO.
Over three years, SPGM compounded at +20.87% per year against +21.50% for VOO; over five years the annualized figures are +11.68% and +13.44% respectively. Across the full 14-year window we track, VOO has the edge at +13.58% annualized vs +9.92%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 13.6% for SPGM. 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 -34.0% for SPGM and -34.3% for VOO. 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SPGM charges 0.09% per year while VOO charges 0.03%. On a $10,000 position that is $9 vs $3 annually, a gap of $6 per year that compounds over a long holding period. On income, SPGM currently yields 1.80% against 1.09% for VOO.
Holdings Overlap
SPGM and VOO share 323 holdings out of 3028 unique holdings combined, representing a 51.4% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in SPGM | Weight in VOO | Difference |
|---|---|---|---|
| NVDA | 4.02% | 7.51% | 3.49% |
| AAPL | 3.67% | 6.59% | 2.92% |
| MSFT | 2.59% | 4.30% | 1.71% |
| AMZN | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
See all 10 holdings SPGM shares with VOO Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, SPGM or VOO?
SPGM has an expense ratio of 0.09% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $6 per year of difference.
Which performed better, SPGM or VOO?
Over the past year SPGM returned +27.05% vs +23.71% for VOO, so SPGM leads on 1-year performance. Over the longest common window we track (14 years), SPGM annualized +9.92% vs +13.58% for VOO. Past performance does not guarantee future results.
Which is riskier, SPGM or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 13.6% for SPGM. Worst drawdown: SPGM -34.0% vs VOO -34.3%.
Should I hold both SPGM and VOO?
SPGM and VOO have a monthly-return correlation of 0.95, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between SPGM and VOO?
SPGM and VOO share 323 common holdings with a 51.4% weight overlap. Combined, they hold 3028 unique securities.
Which pays a higher dividend, SPGM or VOO?
SPGM yields 1.80% while VOO yields 1.09%, so SPGM currently pays the higher dividend yield.
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