SPVM vs VXUS

Quick Verdict

VXUS has a lower expense ratio. SPVM delivered stronger 1-year returns. VXUS offers more diversification with 7861 holdings.

Lower Fees: VXUSHigher Returns: SPVMMore Diversified: VXUS

Side-by-Side Comparison

MetricSPVMVXUSWinner
Expense Ratio0.39%0.05%
AUM$129M$156.5B
Dividend Yield2.00%2.60%
Holdings1048,747
YTD Return+14.53%+14.57%
1Y Return+29.09%+27.82%
3Y Return (annualized)+18.24%+19.27%
5Y Return (annualized)+11.69%+9.28%
Volatility (annualized)16.5%15.1%
Max Drawdown-45.9%-39.9%
Fund FamilyInvesco (US)Vanguard (US)
CategoryEquityEquity
InceptionJun 16, 2011Jan 26, 2011

SPVM vs VXUS Performance

Invesco S&P 500 Value with Momentum ETF (SPVM) is a ETF from Invesco (US) and Vanguard Total International Stock ETF (VXUS) is a ETF from Vanguard (US). Over the past year SPVM returned +29.09% while VXUS returned +27.82%. Year to date, SPVM is up 14.53% versus a gain of 14.57% for VXUS.

Over three years, SPVM compounded at +18.24% per year against +19.27% for VXUS; over five years the annualized figures are +11.69% and +9.28% respectively. Across the full 15-year window we track, SPVM has the edge at +10.21% annualized vs +4.86%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SPVM has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 15.1% for VXUS. 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 -45.9% for SPVM and -39.9% for VXUS. 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 0.77. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

SPVM charges 0.39% per year while VXUS charges 0.05%. On a $10,000 position that is $39 vs $5 annually, a gap of $34 per year that compounds over a long holding period. On income, SPVM currently yields 2.00% against 2.60% for VXUS.

Holdings Overlap

0.1%overlap

SPVM and VXUS share 3 holdings out of 7959 unique holdings combined, representing a 0.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SPVMWeight in VXUSDifference
BG1.34%0.03%1.31%
HBAN1.32%0.05%1.27%
SRE0.67%0.00%0.67%

Frequently Asked Questions

Which is cheaper, SPVM or VXUS?

SPVM has an expense ratio of 0.39% while VXUS charges 0.05%. VXUS is the cheaper option. On a $10,000 investment, that is $34 per year of difference.

Which performed better, SPVM or VXUS?

Over the past year SPVM returned +29.09% vs +27.82% for VXUS, so SPVM leads on 1-year performance. Over the longest common window we track (15 years), SPVM annualized +10.21% vs +4.86% for VXUS. Past performance does not guarantee future results.

Which is riskier, SPVM or VXUS?

SPVM has been the more volatile fund at 16.5% annualized versus 15.1% for VXUS. Worst drawdown: SPVM -45.9% vs VXUS -39.9%.

Should I hold both SPVM and VXUS?

SPVM and VXUS have a monthly-return correlation of 0.77, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SPVM and VXUS?

SPVM and VXUS share 3 common holdings with a 0.1% weight overlap. Combined, they hold 7959 unique securities.

Which pays a higher dividend, SPVM or VXUS?

SPVM yields 2.00% while VXUS yields 2.60%, so VXUS currently pays the higher dividend yield.

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