SPRX vs VOO
Spear Alpha ETF vs Vanguard S&P 500 ETF
Which is better, SPRX or VOO?
Large Cap Growth against Large Cap Blend.
VOO has a lower expense ratio. SPRX led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 67.1%.
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 | SPRX | VOO |
|---|---|---|
| Expense Ratio | 0.75% | 0.03%Best |
| AUM | $214M | $997.4B |
| Dividend Yield | 0.00% | 1.08% |
| Holdings | 28 | 509 |
| YTD Return | +10.22% | +13.37%Best |
| 1Y Return | +29.57%Best | +20.08% |
| 3Y Return (annualized) | +33.07%Best | +21.29% |
| 5Y Return (annualized) | +15.98%Best | +12.89% |
| Volatility (annualized) | 38.8% | 15.7%Best |
| Max Drawdown | -51.2% | -24.5%Best |
| $10,000 over 5 years | $20,985Best | $18,335 |
| Top 10 Weight | 67.1% | 36.4%Best |
| Fund Family | Spear | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Aug 3, 2021 | Sep 7, 2010 |
Volatility and max drawdown are measured over the window both funds cover: Aug 4, 2021 to Sep 4, 2026 (5.1 years).
SPRX vs VOO 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 5.1 years both funds cover.
SPRX vs VOO Performance
Spear Alpha ETF (SPRX) is an ETF from Spear and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year SPRX returned +29.57% while VOO returned +20.08%. Year to date, SPRX is up 10.22% versus a gain of 13.37% for VOO.
Over three years, SPRX compounded at +33.07% per year against +21.29% for VOO; over five years the annualized figures are +15.98% and +12.89% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPRX has been the more volatile fund, with annualized monthly volatility of 38.8% compared with 15.7% for VOO. 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 -51.2% for SPRX and -24.5% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
SPRX charges 0.75% per year while VOO charges 0.03%. On a $10,000 position that is $75 vs $3 annually, a gap of $72 per year that compounds over a long holding period. On income, SPRX currently yields 0.00% against 1.08% for VOO.
Holdings Overlap
40.1% of SPRX's money is in holdings VOO also owns. 6.9% of VOO's money is in holdings SPRX also owns.
The two portfolios partly overlap.
The two holdings books were reported 50 days apart, SPRX as of Aug 19, 2026 and VOO as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
13 positions in common, counted across the 31 positions we hold weights for in SPRX and 505 in VOO, against full books of 28 and 509.
What only one of them owns
Our book lists 484 positions for VOO that do not appear in our book for SPRX (92.6% of the fund), and 14 for SPRX that do not appear in VOO (48.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in SPRX | Weight in VOO | Difference |
|---|---|---|---|
| LRCXLrcx Uw Equity | 7.88% | 0.84% | 7.04% |
| COHRCoherent, Inc | 7.91% | 0.12% | 7.79% |
| LITELumentum Holdings Inc | 6.32% | 0.10% | 6.22% |
| KLACKla Corp | 5.37% | 0.61% | 4.76% |
| TERTeradyne Inc - Common | 3.69% | 0.12% | 3.57% |
| MRVLMarvell Technology Group Ltd. | 3.21% | 0.40% | 2.81% |
| SNDKSandisk Corp/De | 2.48% | 0.52% | 1.96% |
| AMDAdvanced Micro Devices Inc | 0.59% | 1.47% | 0.88% |
| METAMeta Platform Inc | 0.11% | 1.92% | 1.81% |
| ANETArista Networks Inc. | 1.24% | 0.27% | 0.97% |
40.1% of SPRX is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SPRX or VOO?
SPRX has an expense ratio of 0.75% while VOO charges 0.03%. VOO is the cheaper option, by $72 a year on a $10,000 investment.
Which performed better, SPRX or VOO?
Over the past year SPRX returned +29.57% vs +20.08% for VOO, so SPRX leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPRX or VOO?
SPRX has been the more volatile fund at 38.8% annualized versus 15.7% for VOO. Worst drawdown: SPRX -51.2% vs VOO -24.5%.
Should I hold both SPRX and VOO?
SPRX and VOO have a monthly-return correlation of 0.68, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between SPRX and VOO?
40.1% of SPRX's money is in holdings VOO also owns. 6.9% of VOO's is in holdings SPRX also owns. They hold 13 positions in common, counted across the 31 positions we hold weights for in SPRX and 505 in VOO.
Which pays a higher dividend, SPRX or VOO?
SPRX yields 0.00% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.
Is VOO better than SPRX?
VOO has a lower expense ratio. SPRX led over 1Y, 3Y, 5Y and the full window. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 67.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.