SPRX vs VTI

Quick Verdict

VTI has a lower expense ratio. SPRX delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: SPRXMore Diversified: VTI

Side-by-Side Comparison

MetricSPRXVTIWinner
Expense Ratio0.75%0.03%
AUM$202M$663.5B
Dividend Yield0.00%1.07%
Holdings303,543
YTD Return+17.34%+13.87%
1Y Return+36.00%+23.31%
3Y Return (annualized)+38.71%+21.17%
5Y Return (annualized)+18.12%+12.23%
Volatility (annualized)39.3%15.3%
Max Drawdown-51.2%-56.6%
Fund FamilySpearVanguard (US)
CategoryEquityEquity
InceptionAug 3, 2021May 24, 2001

SPRX vs VTI Performance

Spear Alpha ETF (SPRX) is a ETF from Spear and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year SPRX returned +36.00% while VTI returned +23.31%. Year to date, SPRX is up 17.34% versus a gain of 13.87% for VTI.

Over three years, SPRX compounded at +38.71% per year against +21.17% for VTI; over five years the annualized figures are +18.12% and +12.23% respectively. Across the full 5-year window we track, SPRX has the edge at +18.76% annualized vs +8.13%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SPRX has been the more volatile fund, with annualized monthly volatility of 39.3% compared with 15.3% for VTI. 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 -56.6% for VTI. 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 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

SPRX charges 0.75% per year while VTI 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 1.07% for VTI.

Holdings Overlap

5.3%overlap

SPRX and VTI share 21 holdings out of 2789 unique holdings combined, representing a 5.3% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SPRXWeight in VTIDifference
ALAB10.64%0.10%10.54%
KLAC9.48%0.54%8.94%
NET9.87%0.11%9.76%
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Frequently Asked Questions

Which is cheaper, SPRX or VTI?

SPRX has an expense ratio of 0.75% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $72 per year of difference.

Which performed better, SPRX or VTI?

Over the past year SPRX returned +36.00% vs +23.31% for VTI, so SPRX leads on 1-year performance. Over the longest common window we track (5 years), SPRX annualized +18.76% vs +8.13% for VTI. Past performance does not guarantee future results.

Which is riskier, SPRX or VTI?

SPRX has been the more volatile fund at 39.3% annualized versus 15.3% for VTI. Worst drawdown: SPRX -51.2% vs VTI -56.6%.

Should I hold both SPRX and VTI?

SPRX and VTI have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SPRX and VTI?

SPRX and VTI share 21 common holdings with a 5.3% weight overlap. Combined, they hold 2789 unique securities.

Which pays a higher dividend, SPRX or VTI?

SPRX yields 0.00% while VTI yields 1.07%, so VTI currently pays the higher dividend yield.

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