SPY vs VGRO

Quick Verdict

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

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricSPYVGROWinner
Expense Ratio0.09%0.35%
AUM$789.1B$4M
Dividend Yield1.01%0.00%
Holdings50524
YTD Return+13.68%+4.02%
1Y Return+21.53%-
3Y Return (annualized)+21.44%-
5Y Return (annualized)+13.18%-
Volatility (annualized)15.3%-
Max Drawdown-56.5%-15.5%
Fund FamilyState Street Investment ManagementVirtus Investment Partners
CategoryEquityEquity
InceptionJan 22, 1993Dec 22, 2025

SPY vs VGRO Performance

State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and Virtus Silvant Growth Opportunities ETF (VGRO) is a ETF from Virtus Investment Partners. Year to date, SPY is up 13.68% versus a gain of 4.02% for VGRO.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -56.5% for SPY and -15.5% for VGRO. 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 VGRO charges 0.35%. On a $10,000 position that is $9 vs $35 annually, a gap of $26 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 0.00% for VGRO.

Holdings Overlap

33.1%overlap

SPY and VGRO share 24 holdings out of 507 unique holdings combined, representing a 33.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SPYWeight in VGRODifference
NVDA7.31%15.22%7.91%
GOOG2.66%13.15%10.49%
AAPL7.09%5.28%1.81%
AVGOProProPro
MSFTProProPro
LLYProProPro
AMZNProProPro
METAProProPro
GEProProPro
VProProPro
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Frequently Asked Questions

Which is cheaper, SPY or VGRO?

SPY has an expense ratio of 0.09% while VGRO charges 0.35%. SPY is the cheaper option. On a $10,000 investment, that is $26 per year of difference.

What is the holdings overlap between SPY and VGRO?

SPY and VGRO share 24 common holdings with a 33.1% weight overlap. Combined, they hold 507 unique securities.

Which pays a higher dividend, SPY or VGRO?

SPY yields 1.01% while VGRO yields 0.00%, so SPY currently pays the higher dividend yield.

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