SPYC vs VTI
Simplify US Equity PLUS Convexity ETF vs Vanguard Morningstar Total Stock Market ETF
Quick Verdict
VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 3,543 holdings.
Side-by-Side Comparison
| Metric | SPYC | VTI | Winner |
|---|---|---|---|
| Expense Ratio | 0.53% | 0.03% | |
| AUM | $120M | $666.9B | |
| Dividend Yield | 0.89% | 1.07% | |
| Holdings | 24 | 3,543 | |
| YTD Return | +8.78% | +12.65% | |
| 1Y Return | +14.06% | +21.39% | |
| 3Y Return (annualized) | +18.62% | +21.54% | |
| 5Y Return (annualized) | +8.97% | +12.11% | |
| Volatility (annualized) | 16.6% | 15.3% | |
| Max Drawdown | -28.5% | -56.6% | |
| Fund Family | Simplify Exchange Traded Funds | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Sep 3, 2020 | May 24, 2001 |
SPYC vs VTI Performance
Simplify US Equity PLUS Convexity ETF (SPYC) is a ETF from Simplify Exchange Traded Funds and Vanguard Morningstar Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year SPYC returned +14.06% while VTI returned +21.39%. Year to date, SPYC is up 8.78% versus a gain of 12.65% for VTI.
Over three years, SPYC compounded at +18.62% per year against +21.54% for VTI; over five years the annualized figures are +8.97% and +12.11% respectively. Across the full 6-year window we track, SPYC has the edge at +12.33% annualized vs +8.07%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPYC has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 15.3% 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 -28.5% for SPYC and -56.6% for VTI. 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SPYC charges 0.53% per year while VTI charges 0.03%. On a $10,000 position that is $53 vs $3 annually, a gap of $50 per year that compounds over a long holding period. On income, SPYC currently yields 0.89% against 1.07% for VTI.
Holdings Overlap
SPYC and VTI share 0 holdings out of 2788 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, SPYC or VTI?
SPYC has an expense ratio of 0.53% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $50 per year of difference.
Which performed better, SPYC or VTI?
Over the past year SPYC returned +14.06% vs +21.39% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (6 years), SPYC annualized +12.33% vs +8.07% for VTI. Past performance does not guarantee future results.
Which is riskier, SPYC or VTI?
SPYC has been the more volatile fund at 16.6% annualized versus 15.3% for VTI. Worst drawdown: SPYC -28.5% vs VTI -56.6%.
Should I hold both SPYC and VTI?
SPYC and VTI have a monthly-return correlation of 0.93, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between SPYC and VTI?
SPYC and VTI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 2788 unique securities.
Which pays a higher dividend, SPYC or VTI?
SPYC yields 0.89% while VTI yields 1.07%, so VTI currently pays the higher dividend yield.
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