SPSK vs VOO
SP Funds Dow Jones Global Sukuk ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | SPSK | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.03% | |
| AUM | $662M | $979.0B | |
| Dividend Yield | 4.23% | 1.09% | |
| Holdings | 169 | 509 | |
| YTD Return | +0.08% | +13.44% | |
| 1Y Return | +1.88% | +22.62% | |
| 3Y Return (annualized) | +4.27% | +21.47% | |
| 5Y Return (annualized) | +0.87% | +13.27% | |
| Volatility (annualized) | 4.6% | 14.1% | |
| Max Drawdown | -13.1% | -34.3% | |
| Fund Family | SP Funds | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Dec 27, 2019 | Sep 7, 2010 |
SPSK vs VOO Performance
SP Funds Dow Jones Global Sukuk ETF (SPSK) is a ETF from SP Funds and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year SPSK returned +1.88% while VOO returned +22.62%. Year to date, SPSK is up 0.08% versus a gain of 13.44% for VOO.
Over three years, SPSK compounded at +4.27% per year against +21.47% for VOO; over five years the annualized figures are +0.87% and +13.27% respectively. Across the full 7-year window we track, VOO has the edge at +13.55% annualized vs +0.74%. 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 4.6% for SPSK. 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 -13.1% for SPSK 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 0.64. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SPSK charges 0.50% per year while VOO charges 0.03%. On a $10,000 position that is $50 vs $3 annually, a gap of $47 per year that compounds over a long holding period. On income, SPSK currently yields 4.23% against 1.09% for VOO.
Holdings Overlap
SPSK and VOO share 0 holdings out of 515 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SPSK or VOO?
SPSK has an expense ratio of 0.50% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $47 per year of difference.
Which performed better, SPSK or VOO?
Over the past year SPSK returned +1.88% vs +22.62% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (7 years), SPSK annualized +0.74% vs +13.55% for VOO. Past performance does not guarantee future results.
Which is riskier, SPSK or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 4.6% for SPSK. Worst drawdown: SPSK -13.1% vs VOO -34.3%.
Should I hold both SPSK and VOO?
SPSK and VOO have a monthly-return correlation of 0.64, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SPSK and VOO?
SPSK and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 515 unique securities.
Which pays a higher dividend, SPSK or VOO?
SPSK yields 4.23% while VOO yields 1.09%, so SPSK currently pays the higher dividend yield.
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