SPTB vs VOO
State Street SPDR Portfolio Treasury ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | SPTB | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.03% | 0.03% | |
| AUM | $289M | $979.0B | |
| Dividend Yield | 4.18% | 1.09% | |
| Holdings | 284 | 509 | |
| YTD Return | -0.75% | +13.44% | |
| 1Y Return | +1.21% | +22.62% | |
| 3Y Return (annualized) | - | +21.47% | |
| 5Y Return (annualized) | - | +13.27% | |
| Volatility (annualized) | 3.9% | 14.1% | |
| Max Drawdown | -5.0% | -34.3% | |
| Fund Family | State Street Investment Management | Vanguard (US) | |
| Category | Money Market | Equity | |
| Inception | May 20, 2024 | Sep 7, 2010 |
SPTB vs VOO Performance
State Street SPDR Portfolio Treasury ETF (SPTB) is a ETF from State Street Investment Management and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year SPTB returned +1.21% while VOO returned +22.62%. Year to date, SPTB is down 0.75% versus a gain of 13.44% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 3.9% for SPTB. 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 -5.0% for SPTB 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 0.19. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SPTB charges 0.03% per year while VOO charges 0.03%. On a $10,000 position that is $3 vs $3 annually. On income, SPTB currently yields 4.18% against 1.09% for VOO.
Holdings Overlap
SPTB and VOO share 0 holdings out of 747 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, SPTB or VOO?
SPTB has an expense ratio of 0.03% while VOO charges 0.03%. They cost the same. On a $10,000 investment, that is $0 per year of difference.
Which performed better, SPTB or VOO?
Over the past year SPTB returned +1.21% vs +22.62% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), SPTB annualized +3.19% vs +13.55% for VOO. Past performance does not guarantee future results.
Which is riskier, SPTB or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 3.9% for SPTB. Worst drawdown: SPTB -5.0% vs VOO -34.3%.
Should I hold both SPTB and VOO?
SPTB and VOO have a monthly-return correlation of 0.19, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SPTB and VOO?
SPTB and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 747 unique securities.
Which pays a higher dividend, SPTB or VOO?
SPTB yields 4.18% while VOO yields 1.09%, so SPTB currently pays the higher dividend yield.
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