Data as of Oct 28, 2026.
SPHQ vs VTV: Differences, Returns & Fees
Over the year to Oct 28, 2026, SPHQ returned +14.1% to VTV's +23.5%; 12% of their weight is in the same names.
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Net assets: $18.7bn on Oct 27, 2026 for Invesco S&P 500 Quality ETF, and $184.2bn on Sep 30, 2026 for Vanguard Morningstar Value ETF.
Pair scorecard
VTV costs 0.12 points a year less; their one-year returns differ by 9.4 points.
| Measure | SPHQ | VTV |
|---|---|---|
| Return | ||
| Total return, 1 year | +14.1% | +23.5% |
| Drawdown | ||
| Below its high | 6.4%, high on Jun 30, 2026 | |
| Benchmark | ||
| What it tracks | S&P 500 Quality Index | Morningstar US Large Cap Value Index |
| Cost and size | ||
| Expense ratio | 0.15% | 0.03% |
| Net assets, SPHQ as of Oct 27, 2026 and VTV as of Sep 30, 2026 | $18.7bn | $184.2bn |
| Holdings | ||
| Holdings in common | 12% | |
| Top ten holdings, share of the fund | 43.3% | 23.6% |
Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method
Risk and return
Dec 16, 2005 to Oct 23, 2026 · 1,088 weekly returnsSPHQ returned slightly more: +599.2% to +568.2%. SPHQ and VTV swung about the same: 18.0% and 17.7%. SPHQ fell slightly less at its worst: −56.9% to −59.1%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | SPHQ | VTV | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +599.2% | +568.2% | SPHQ (slight) | Price change plus distributions, reinvested. |
| Annualized | +9.7% | +9.5% | SPHQ (slight) | Total return as a yearly rate. |
| Price return | +432.7% | +286.7% | SPHQ | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 18.0% | 17.7% | Tie | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 13.0% | 12.6% | VTV (slight) | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −56.9% | −59.1% | SPHQ (slight) | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.51 | 0.50 | Tie | Return above Treasury bills per unit of volatility. |
| Sortino | 0.70 | 0.71 | Tie | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.17 | 0.16 | SPHQ (slight) | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,088 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, SPHQ and VTV hold 12% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.
half
12% in common
Only in one fund ↓
Side by side
SPHQ and VTV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
SPHQ and VTV do different jobs. What does each one do in a portfolio?
- What each follows. SPHQ follows S&P 500 Quality Index and VTV follows Morningstar US Large Cap Value Index.
- Holdings in common. 12% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 SPHQ returned +14.1% and VTV +23.5% with distributions reinvested, a gap of 9.4 points.
Data as of Oct 28, 2026.
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SPHQ
SPHQ tracks the S&P 500 Quality. Over the year to Oct 28, 2026 it returned +14.1% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 102 positions, with the top ten at 43.3%. It sat 6.4% below its high of Jun 30, 2026 on Oct 28, 2026.
VTV
VTV tracks an index of US value. Over the year to Oct 28, 2026 it returned +23.5% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 300 positions, with the top ten at 23.6%.
Questions people ask
- Which returned more over the last year, SPHQ or VTV?
- In the year to Oct 28, 2026, with distributions reinvested, SPHQ returned +14.1% and VTV +23.5%.
- Which is cheaper, SPHQ or VTV?
- VTV is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, SPHQ against VTV, data as of Oct 28, 2026. https://etfiq.com/compare/any/sphq-vs-vtv
ETFIQ. (Oct 28, 2026). SPHQ against VTV. Retrieved from https://etfiq.com/compare/any/sphq-vs-vtv
[SPHQ against VTV (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/sphq-vs-vtv)
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