SPY vs VBCH

Quick Verdict

VBCH has a lower expense ratio. SPY offers more diversification with 503 holdings.

Lower Fees: VBCHHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricSPYVBCHWinner
Expense Ratio0.09%0.08%
AUM$789.1B$6M
Dividend Yield1.01%0.89%
Holdings505342
YTD Return+13.79%+0.94%
1Y Return+23.66%-
3Y Return (annualized)+21.40%-
5Y Return (annualized)+13.37%-
Volatility (annualized)15.3%-
Max Drawdown-56.5%-2.0%
Fund FamilyState Street Investment ManagementVanguard (US)
CategoryEquityFixed Income
InceptionJan 22, 1993Mar 10, 2026

SPY vs VBCH Performance

State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and Vanguard Target Maturity 2034 Corporate Bond ETF (VBCH) is a ETF from Vanguard (US). Year to date, SPY is up 13.79% versus a gain of 0.94% for VBCH.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -56.5% for SPY and -2.0% for VBCH. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

SPY charges 0.09% per year while VBCH charges 0.08%. On a $10,000 position that is $9 vs $8 annually, a gap of $1 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 0.89% for VBCH.

Holdings Overlap

0.0%overlap

SPY and VBCH share 0 holdings out of 845 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, SPY or VBCH?

SPY has an expense ratio of 0.09% while VBCH charges 0.08%. VBCH is the cheaper option. On a $10,000 investment, that is $1 per year of difference.

What is the holdings overlap between SPY and VBCH?

SPY and VBCH share 0 common holdings with a 0.0% weight overlap. Combined, they hold 845 unique securities.

Which pays a higher dividend, SPY or VBCH?

SPY yields 1.01% while VBCH yields 0.89%, so SPY currently pays the higher dividend yield.

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