Data as of Sep 4, 2026. Both funds on the fields they both publish, from the same sources.
SPY vs VIG
SPDR S&P 500 ETF Trust and Vanguard Dividend Appreciation Index Fund.
What they hold in common
By the books each fund has filed, SPY and VIG hold 39% of their money in the same securities at the same weight.
| Holding | SPY | VIG |
|---|---|---|
| Apple, Inc. | 6.59% | 4.10% |
| Microsoft Corp. | 4.30% | 3.99% |
| Broadcom, Inc. | 2.77% | 5.21% |
| Eli Lilly & Co. | 1.47% | 3.36% |
| JPMorgan Chase & Co. | 1.36% | 3.61% |
| Johnson & Johnson | 0.95% | 2.51% |
| Visa, Inc. | 0.88% | 2.34% |
| Exxon Mobil Corp. | 0.88% | 2.92% |
| Lam Research Corp. | 0.84% | 1.46% |
| Walmart, Inc. | 0.77% | 2.62% |
| Caterpillar, Inc. | 0.76% | 1.88% |
| Cisco Systems, Inc. | 0.72% | 1.64% |
| Only in SPY | Only in VIG |
|---|---|
| NVIDIA Corp. 7.52% | Linde PLC 1.06% |
| Amazon.com, Inc. 3.62% | Eaton Corp PLC 0.76% |
| Alphabet, Inc. 3.25% | Honeywell International Inc 0.62% |
| Alphabet, Inc. 2.59% | Chubb Ltd 0.54% |
| Micron Technology, Inc. 2.02% | Accenture PLC 0.50% |
| Meta Platforms, Inc. 1.92% | Medtronic PLC 0.47% |
| Tesla, Inc. 1.84% | Aon PLC 0.30% |
| Advanced Micro Devices, Inc. 1.47% | TE Connectivity PLC 0.28% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings as filed for Apr 30, 2026 and Jun 30, 2026.
| SPY SPDR S&P 500 ETF Trust | VIG Vanguard Dividend Appreciation Index Fund | |
|---|---|---|
| Where it sits | Core fund | Core fund |
| Issuer | State Street | Vanguard |
| What it is | S&P 500, book from IVV | Dividend growth |
| Total return, 1 year | +20.0% | +16.1% |
| S&P 500 over the same days | +20.0% | +20.0% |
| Gap to the S&P 500 | +0.0 pts | −3.8 pts |
| Expense ratio | not published | 0.04% |
| Already in the S&P 500 | 100.0% | 95.7% |
| Holdings | 504 | 332 |
SPY in plain words
SPY is a index equity fund tracking S&P 500, book from IVV. Over the year to Sep 4, 2026 it returned +20.0% with distributions reinvested, against +20.0% for the S&P 500 and +25.6% for the Nasdaq-100. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 504 positions, with the top ten at 36.4%.
VIG in plain words
VIG is a index equity fund tracking Dividend growth. Over the year to Sep 4, 2026 it returned +16.1% with distributions reinvested, against +20.0% for the S&P 500 and +25.6% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. By its holdings filed for Apr 30, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 332 positions, with the top ten at 32.7%.
Questions people ask
- Which returned more over the last year, SPY or VIG?
- In the year to Sep 4, 2026, with distributions reinvested, SPY returned +20.0% and VIG returned +16.1%, so SPY returned more. One year is one year; the longer windows are in the table.
- How much do SPY and VIG overlap with the S&P 500?
- By their latest filed holdings, 100% of SPY and 96% of VIG by weight is stocks the S&P 500 already holds. Between the two funds, 39% of their books are the same securities at the same weight.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, SPY against VIG, data as of Sep 4, 2026. https://etfiq.com/compare/any/SPY-VIG.html Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources