Which returned more over the last year, SPMD or VFMO?

In the year to Oct 20, 2026, with distributions reinvested, SPMD returned +13.5% and VFMO +13.2%.

Which is cheaper, SPMD or VFMO?

SPMD is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do SPMD and VFMO overlap with the S&P 500?

By their latest filed holdings, 0% of SPMD and 43% of VFMO by weight is stocks the S&P 500 already holds.

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SPMD vs VFMO: Differences, Returns & Fees

SPMD and VFMO hold 16% of their weight in the same names. Net assets: $18.4bn on Oct 20, 2026 for State Street SPDR Portfolio S&P 400 Mid Cap ETF, and $1.9bn on Sep 30, 2026 for Vanguard U.S. Momentum Factor ETF.

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Answers cite the figures on this page.

SPMD costs 0.10 points a year less; their one-year returns differ by 0.3 points; SPMD is 9.4 times larger.

SPMD vs VFMO: Differences, Returns & Fees
	SPMD	VFMO
Expense ratio	0.03%	0.13%
Net assets, as of Sep 30, 2026	$17.9bn	$1.9bn
Total return, 1 year	+13.5%	+13.2%
What it tracks	S&P MidCap 400 Index	No index, actively managed
Holdings in common	16%
Top ten holdings, share of the fund	7.1%	9.5%
Below its high	6.8%, high on Aug 14, 2026	11.5%, high on Jun 30, 2026

Holdings in common uses holdings dated May 31, 2026 and Oct 19, 2026.

+13.5%

SPMD total return, 1 year

+13.2%

VFMO total return, 1 year

0.03%

SPMD expense ratio

0.13%

VFMO expense ratio

What they hold in common

By the books each fund has filed, SPMD and VFMO hold 16% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Oct 19, 2026.

50%

half

16% in common

Positions both hold, largest shared weight first

Holding SPMD VFMO

STERLING INFRASTRUCTURE INC 0.38% 0.41%

SITIME CORP 0.34% 0.34%

ROIVANT SCIENCES LTD 0.56% 0.30%

SANMINA CORP 0.28% 0.33%

NEXTPOWER INC 0.36% 0.28%

TTM TECHNOLOGIES 0.31% 0.26%

XPO INC 0.64% 0.26%

HF SINCLAIR CORP 0.57% 0.26%

JAZZ PHARMACEUTICALS PLC 0.40% 0.25%

MACOM TECHNOLOGY SOLUTIONS H 0.55% 0.25%

DIGITALOCEAN HOLDINGS INC 0.29% 0.24%

ARROWHEAD PHARMACEUTICALS IN 0.24% 0.28%

Only in SPMD

OKTA INC 0.93%

US FOODS HOLDING CORP 0.64%

RELIANCE INC 0.63%

ROKU INC 0.61%

NUTANIX INC A 0.54%

DYNATRACE INC 0.53%

REINSURANCE GROUP OF AMERICA 0.52%

EAST WEST BANCORP INC 0.51%

Only in VFMO

Micron Technology Inc 1.36%

Intel Corp 1.25%

Advanced Micro Devices Inc 1.12%

Western Digital Corp 0.89%

Alphabet Inc 0.87%

KLA Corp 0.86%

Applied Materials Inc 0.82%

Lam Research Corp 0.82%

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On the same fields

SPMD

State Street SPDR Portfolio S&P 400 Mid Cap ETF

VFMO

Vanguard U.S. Momentum Factor ETF

Where it sits Stock ETF Stock ETF

Issuer State Street Vanguard

What it is Tracks an index Actively managed

Total return, 1 year +13.5% +13.2%

Its benchmark over the same days +13.4% (IJH) +15.0% (IWV)

Gap to its benchmark +0.1 pts vs IJH −1.9 pts vs IWV

Expense ratio 0.03% 0.13%

Already in the S&P 500 0.0% 43.4%

Holdings 401 704

Net assets, SPMD as of Oct 20, 2026 and VFMO as of Sep 30, 2026 $18.4bn $1.9bn

SPMD and VFMO on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About SPMD

SPMD tracks an index. Over the year to Oct 20, 2026 it returned +13.5% with distributions reinvested, against +13.4% for its benchmark, the S&P MidCap 400 Index. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer for Oct 19, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 401 positions, with the top ten at 7.1%. It sat 6.8% below its high of Aug 14, 2026 on Oct 20, 2026.

About VFMO

VFMO is actively managed and tracks no index. The prospectus expense ratio is 0.13% a year. By its holdings filed for May 31, 2026, 43% of the fund by weight is stocks the S&P 500 also holds, across 704 positions, with the top ten at 9.5%. It sat 11.5% below its high of Jun 30, 2026 on Oct 20, 2026.

Over the year to Oct 20, 2026 it returned +13.2% with distributions reinvested, against +15.0% for its benchmark, the Russell 3000 Index.

Questions people ask

Which returned more over the last year, SPMD or VFMO?: In the year to Oct 20, 2026, with distributions reinvested, SPMD returned +13.5% and VFMO +13.2%.
Which is cheaper, SPMD or VFMO?: SPMD is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do SPMD and VFMO overlap with the S&P 500?: By their latest filed holdings, 0% of SPMD and 43% of VFMO by weight is stocks the S&P 500 already holds.

Other comparisons

FLQM vs SPMD FTC vs SPMD IWR vs SPMD SPMD vs VO IWR vs VFMO IMCG vs VFMO IJH vs VFMO MDY vs VFMO

SPMD on its own →VFMO on its own →Hold both: look the portfolio through →Rankings →SPMD dividend history →SPMD holdings →VFMO dividend history →VFMO holdings →Standards and sources →

Where these figures came from

SPMD filings on SEC EDGAR ↗SPMD prospectus with the expense ratio (SEC) ↗State Street website ↗VFMO filings on SEC EDGAR ↗VFMO prospectus with the expense ratio (SEC) ↗Vanguard page for VFMO ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. 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, SPMD against VFMO, data as of Oct 20, 2026. https://etfiq.com/compare/any/spmd-vs-vfmo

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Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.