Data as of Oct 28, 2026.

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SDY vs VOO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, SDY returned +16.5% to VOO's +13.7%; 14% of their weight is in the same names.

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Net assets: $21.9bn on Oct 27, 2026 for State Street SPDR S&P Dividend ETF, and $1.0tn on Sep 30, 2026 for Vanguard S&P 500 ETF.

At a glance
+16.5%
SDY total return, 1 year
+13.7%
VOO total return, 1 year
0.35%
SDY expense ratio
0.03%
VOO expense ratio

Pair scorecard

VOO costs 0.32 points a year less; their one-year returns differ by 2.8 points; VOO is far larger, $1.0tn against $20.4bn.

SDY vs VOO: Differences, Returns & Fees
MeasureSDYVOO
Return
Total return, 1 year+16.5%+13.7%
Benchmark
What it tracksS&P High Yield Dividend Aristocrats IndexS&P 500 Index
Cost and size
Expense ratio0.35%0.03%
Net assets, as of Sep 30, 2026$20.4bn$1.0tn
Holdings
Holdings in common14%
Top ten holdings, share of the fund20.4%39.1%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

Risk and return

Sep 17, 2010 to Oct 23, 2026 · 840 weekly returns
SDY VOO
Return
Total return edge VOO +457.6% +804.0%
Annualized edge VOO +11.2% +14.6%
Price return edge VOO +223.7% +575.9%
Risk
Volatility edge SDY (slight) 15.0% 15.9%
Max drawdown edge VOO (slight) −32.4% −31.8%
Risk-adjusted
Sharpe edge VOO 0.68 0.84
Sortino edge VOO 0.98 1.22
Calmar edge VOO 0.35 0.46
Reading

VOO returned more: +804.0% to +457.6%. SDY swung slightly less: 15.0% to 15.9%. VOO fell slightly less at its worst: −31.8% to −32.4%.

Full scorecard

9 measures, with how each is measured
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Risk and return: SDY vs VOO: Differences, Returns & Fees
MeasureSDYVOOEdgeHow it is measured
Return
Total return+457.6%+804.0%VOOPrice change plus distributions, reinvested.
Annualized+11.2%+14.6%VOOTotal return as a yearly rate.
Price return+223.7%+575.9%VOOPrice change alone, distributions left out.
Risk
Volatility15.0%15.9%SDY (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation10.4%10.9%SDY (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−32.4%−31.8%VOO (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.680.84VOOReturn above Treasury bills per unit of volatility.
Sortino0.981.22VOOReturn above Treasury bills per unit of downside deviation.
Calmar0.350.46VOOAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 840 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

14%

By the books each fund has filed, SDY and VOO hold 14% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

14% in common

Positions both hold · largest shared weight first SDY VOO
EXXONMOBIL HOLDINGS CORP 1.49% 1.02%
JOHNSON + JOHNSON 0.94% 0.97%
ABBVIE INC 1.32% 0.70%
CHEVRON CORP 2.15% 0.61%
MICROSOFT CORP 0.56% 5.79%
PROCTER + GAMBLE CO 1.34% 0.51%
COCA COLA CO 1.23% 0.51%
WALMART INC 0.40% 0.70%
TEXAS INSTRUMENTS INC 0.85% 0.39%
LINDE PLC 0.52% 0.33%
INTL BUSINESS MACHINES CORP 1.24% 0.32%
QUALCOMM INC 0.89% 0.30%
Only in one fund ↓
Only in SDY
LINCOLN ELECTRIC HOLDINGS 0.57%
CARLISLE COS INC 0.55%
RPM INTERNATIONAL INC 0.54%
ESSENTIAL UTILITIES INC 0.49%
ROYAL GOLD INC 0.48%
EQUITY LIFESTYLE PROPERTIES 0.47%
GRACO INC 0.47%
AMERICAN FINANCIAL GROUP INC 0.43%
Only in VOO
NVIDIA Corp 8.40%
Apple Inc 7.39%
Amazon.com Inc 3.72%
Alphabet Inc 3.07%
Broadcom Inc 2.54%
Alphabet Inc 2.46%
Meta Platforms Inc 2.43%
Micron Technology Inc 1.83%
Check overlap with more funds →

Side by side

SDY State Street SPDR S&P Dividend ETF VOO Vanguard S&P 500 ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P Dividend Tracks the S&P 500
Total return, 1 year +16.5% +13.7%
Its benchmark over the same days not measured +13.7% (IVV)
Gap to its benchmark not measured 0.0 pts vs IVV
Expense ratio 0.35% 0.03%
Already in the S&P 500 84.4% 99.7%
Holdings 156 507
Net assets, SDY as of Oct 27, 2026 and VOO as of Sep 30, 2026 $21.9bn $1.0tn

SDY and VOO on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-6DF2C2CCA3

SDY and VOO do different jobs. What does each one do in a portfolio?

  1. What each follows. SDY follows S&P High Yield Dividend Aristocrats Index and VOO follows S&P 500 Index.
  2. Holdings in common. 14% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 SDY returned +16.5% and VOO +13.7% with distributions reinvested, a gap of 2.8 points.

Data as of Oct 28, 2026.

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About each fund
SDY

SDY tracks the S&P Dividend. Over the year to Oct 28, 2026 it returned +16.5% with distributions reinvested. The prospectus expense ratio is 0.35% a year. By its holdings published by its issuer for Oct 27, 2026, 84% of the fund by weight is stocks the S&P 500 also holds, across 156 positions, with the top ten at 20.4%.

VOO

VOO tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 507 positions, with the top ten at 39.1%.

Questions people ask

Which returned more over the last year, SDY or VOO?
In the year to Oct 28, 2026, with distributions reinvested, SDY returned +16.5% and VOO +13.7%.
Which is cheaper, SDY or VOO?
VOO is cheaper, by 0.32 percentage points a year. That is about $32 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do SDY and VOO overlap with the S&P 500?
By their latest filed holdings, 84% of SDY and 100% of VOO by weight is stocks the S&P 500 already holds.
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ETFIQ, SDY against VOO, data as of Oct 28, 2026. https://etfiq.com/compare/any/sdy-vs-voo

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