Which returned more over the last year, SPY or VTIP?

In the year to Sep 12, 2026, with distributions reinvested, SPY returned +17.5% and VTIP returned +1.7%, so SPY returned more. One year is one year; the longer windows are in the table.

Which is cheaper, SPY or VTIP?

SPY charges 0.09% a year and VTIP charges 0.03%, so VTIP is cheaper. Fees come from each fund's prospectus.

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

SPY vs VTIP: how they differ

SPY and VTIP hold 0% of their weight in the same names, and SPY returned more over the year.

SPDR S&P 500 ETF Trust and Vanguard Short-Term Inflation-Protected Securities Index Fund.

What they hold in common

By the books each fund has filed, SPY and VTIP hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in SPY	Only in VTIP
NVIDIA Corp. 7.52%	United States Treasury Inflation Indexed 5.44%
Apple, Inc. 6.59%	United States Treasury Inflation Indexed 5.38%
Microsoft Corp. 4.30%	United States Treasury Inflation Indexed 5.36%
Amazon.com, Inc. 3.62%	United States Treasury Inflation Indexed 5.19%
Alphabet, Inc. 3.25%	United States Treasury Inflation Indexed 5.02%
Broadcom, Inc. 2.77%	United States Treasury Inflation Indexed 4.88%
Alphabet, Inc. 2.59%	United States Treasury Inflation Indexed 4.87%
Micron Technology, Inc. 2.02%	United States Treasury Inflation Indexed 4.79%

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 dated Jun 30, 2026.

SPY and VTIP on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	SPY SPDR S&P 500 ETF Trust	VTIP Vanguard Short-Term Inflation-Protected Securities Index Fund
Where it sits	Core index fund	Core index fund
Issuer	State Street	Vanguard
What it is	S&P 500, book from IVV	Short-Term Inflation-Protected Securities
Total return, 1 year	+17.5%	+1.7%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	0.0 pts	−15.8 pts
Expense ratio	0.09%	0.03%
Holdings	504	25

SPY in plain words

SPY is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. 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%.

VTIP in plain words

VTIP is a bond fund tracking the Short-Term Inflation-Protected Securities. Over the year to Sep 11, 2026 it returned +1.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, SPY or VTIP?: In the year to Sep 12, 2026, with distributions reinvested, SPY returned +17.5% and VTIP returned +1.7%, so SPY returned more. One year is one year; the longer windows are in the table.
Which is cheaper, SPY or VTIP?: SPY charges 0.09% a year and VTIP charges 0.03%, so VTIP is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where to next

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.

SPY against VTIP, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, SPY against VTIP, data as of Sep 12, 2026. https://etfiq.com/compare/any/SPY-VTIP Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources