SPY vs VUSG

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

MetricSPYVUSGWinner
Expense Ratio0.09%0.35%
AUM$789.1B$30M
Dividend Yield1.01%0.02%
Holdings50539
YTD Return+14.47%+9.80%
1Y Return+21.96%-
3Y Return (annualized)+21.70%-
5Y Return (annualized)+13.30%-
Volatility (annualized)15.3%-
Max Drawdown-56.5%-15.1%
Fund FamilyState Street Investment ManagementVanguard (US)
CategoryEquityEquity
InceptionJan 22, 1993Nov 14, 2025

SPY vs VUSG Performance

State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and Vanguard Wellington US Growth Active ETF (VUSG) is a ETF from Vanguard (US). Year to date, SPY is up 14.47% versus a gain of 9.80% for VUSG.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -56.5% for SPY and -15.1% for VUSG. 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 VUSG 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 0.02% for VUSG.

Holdings Overlap

35.4%overlap

SPY and VUSG share 16 holdings out of 524 unique holdings combined, representing a 35.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SPYWeight in VUSGDifference
NVDA7.31%15.14%7.83%
MSFT4.43%11.56%7.13%
AAPL7.09%8.46%1.37%
GOOGLProProPro
AMZNProProPro
AVGOProProPro
METAProProPro
LLYProProPro
MAProProPro
TSLAProProPro
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Frequently Asked Questions

Which is cheaper, SPY or VUSG?

SPY has an expense ratio of 0.09% while VUSG 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 VUSG?

SPY and VUSG share 16 common holdings with a 35.4% weight overlap. Combined, they hold 524 unique securities.

Which pays a higher dividend, SPY or VUSG?

SPY yields 1.01% while VUSG yields 0.02%, so SPY currently pays the higher dividend yield.

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