SPVU vs VTI
Invesco S&P 500 Enhanced Value ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, SPVU or VTI?
Large Cap Value against Large Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 41.4%.
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 | SPVU | VTI |
|---|---|---|
| Expense Ratio | 0.13% | 0.03%Best |
| AUM | $111M | $666.9B |
| Dividend Yield | 2.46% | 1.03% |
| Holdings | 101 | 3,543 |
| Volatility (annualized) | 20.1% | 15.4%Best |
| Max Drawdown | -51.7% | -35.0%Best |
| $10,000 over 10.4 years | $30,963 | $35,287Best |
| Top 10 Weight | 41.4% | 33.3%Best |
| Fund Family | Invesco (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 9, 2015 | May 24, 2001 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 208 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. SPVU has data through Feb 20, 2026 and VTI through Sep 16, 2026.
Volatility and max drawdown, and the $10,000 over 10.4 years row, are measured over the window both funds cover: Oct 9, 2015 to Feb 20, 2026 (10.4 years).
Risk: Volatility and Drawdowns
SPVU has been the more volatile fund, with annualized monthly volatility of 20.1% compared with 15.4% 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 -51.7% for SPVU and -35.0% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SPVU charges 0.13% per year while VTI charges 0.03%. On a $10,000 position that is $13 vs $3 annually, a gap of $10 per year that compounds over a long holding period. On income, SPVU currently yields 2.46% against 1.03% for VTI.
Holdings Overlap
99.5% of SPVU's money is in holdings VTI also owns. 9.7% of VTI's money is in holdings SPVU also owns.
Most of SPVU is already inside VTI. Owning both mostly buys the same companies twice.
The two holdings books were reported 304 days apart, SPVU as of Sep 30, 2025 and VTI as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
98 positions in common, counted across the 100 positions we hold weights for in SPVU and 3,463 in VTI, against full books of 101 and 3,543.
What only one of them owns
Our book lists 1,053 positions for VTI that do not appear in our book for SPVU (87.8% of the fund), and 1 for SPVU that do not appear in VTI (0.0%).
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 SPVU | Weight in VTI | Difference |
|---|---|---|---|
| UNHUnitedhealth Group Incorporated | 5.59% | 0.52% | 5.07% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 4.80% | 1.28% | 3.52% |
| BACBank of America Corp.: Financials | 5.25% | 0.55% | 4.70% |
| XOMExxon Mobil Corp. | 4.87% | 0.89% | 3.98% |
| CVXChevron Corp | 3.96% | 0.52% | 3.44% |
| WFCWells Fargo & Co. | 4.10% | 0.37% | 3.73% |
| CCitigroup Inc. | 4.03% | 0.30% | 3.73% |
| VZVerizon Communic | 3.22% | 0.24% | 2.98% |
| CVSCvs Corp | 2.96% | 0.18% | 2.78% |
| CMCSAComcast Corp-class A Cmcsa | 2.64% | 0.12% | 2.52% |
99.5% of SPVU is already inside VTI.
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, SPVU or VTI?
SPVU has an expense ratio of 0.13% while VTI charges 0.03%. VTI is the cheaper option, by $10 a year on a $10,000 investment.
Which is riskier, SPVU or VTI?
SPVU has been the more volatile fund at 20.1% annualized versus 15.4% for VTI. Worst drawdown: SPVU -51.7% vs VTI -35.0%.
Should I hold both SPVU and VTI?
SPVU and VTI have a monthly-return correlation of 0.83, 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 SPVU and VTI?
99.5% of SPVU's money is in holdings VTI also owns. 9.7% of VTI's is in holdings SPVU also owns. They hold 98 positions in common, counted across the 100 positions we hold weights for in SPVU and 3,463 in VTI.
Which pays a higher dividend, SPVU or VTI?
SPVU yields 2.46% while VTI yields 1.03%, so SPVU currently pays the higher dividend yield.
Is VTI better than SPVU?
VTI has a lower expense ratio. VTI led over 1Y and the full window. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 41.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.