Data as of Oct 28, 2026.

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SPY vs VCLT: Differences, Returns & Fees

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Over the year to Oct 28, 2026, SPY returned +13.6% to VCLT's −5.9%; 0% of their weight is in the same names.

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Net assets: $814.8bn on Oct 27, 2026 for SPDR S&P 500 ETF Trust, and $7.5bn on Sep 30, 2026 for Vanguard Long-Term Corporate Bond ETF.

At a glance
+13.6%
SPY total return, 1 year
−5.9%
VCLT total return, 1 year
0.09%
SPY expense ratio
0.03%
VCLT expense ratio

Pair scorecard

VCLT costs 0.06 points a year less; their one-year returns differ by 19.5 points; SPY is far larger, $809.2bn against $7.5bn.

SPY vs VCLT: Differences, Returns & Fees
MeasureSPYVCLT
Return
Total return, 1 year+13.6%−5.9%
Drawdown
Below its high17.8%, high on Sep 22, 2021
Benchmark
What it tracksS&P 500 IndexBloomberg U.S. 10+ Year Corporate Bond Index
Cost and size
Expense ratio0.09%0.03%
Net assets, as of Sep 30, 2026$809.2bn$7.5bn
Holdings
Holdings in common0%
In the S&P 500, by weight100%
Top ten holdings, share of the fund38.1%

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

What they share

0%

By the books each fund has filed, SPY and VCLT hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first SPY VCLT
Only in one fund ↓
Only in SPY
NVIDIA CORP 7.92%
APPLE INC 7.61%
MICROSOFT CORP 5.93%
AMAZON.COM INC 3.73%
ALPHABET INC CL A 2.83%
BROADCOM INC 2.45%
ALPHABET INC CL C 2.26%
META PLATFORMS INC CLASS A 2.06%
Only in VCLT
MKTLIQ 1.03%
Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc 0.37%
United States Treasury Note/Bond 0.36%
CVS Health Corp 0.33%
Boeing Co 0.27%
Meta Platforms Inc 0.27%
AT&T Inc 0.24%
AT&T Inc 0.24%
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Side by side

SPY SPDR S&P 500 ETF Trust VCLT Vanguard Long-Term Corporate Bond ETF
Where it sits Stock ETF Bond ETF
What it is Tracks the S&P 500 Tracks an index of Long-Term Corporate Bond
Total return, 1 year +13.6% −5.9%
Its benchmark over the same days +13.7% (VOO) not measured
Gap to its benchmark −0.1 pts vs VOO not measured
Expense ratio 0.09% 0.03%
Holdings 504 2562
Net assets, SPY as of Oct 27, 2026 and VCLT as of Sep 30, 2026 $814.8bn $7.5bn

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

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About each fund
SPY

SPY tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.6% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.09% 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 504 positions, with the top ten at 38.1%.

VCLT

VCLT tracks an index of Long-Term Corporate Bond. Over the year to Oct 28, 2026 it returned −5.9% with distributions reinvested. The prospectus expense ratio is 0.03% a year. It sat 17.8% below its high of Sep 22, 2021 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, SPY or VCLT?
In the year to Oct 28, 2026, with distributions reinvested, SPY returned +13.6% and VCLT −5.9%.
Which is cheaper, SPY or VCLT?
VCLT is cheaper, by 0.06 percentage points a year. That is about $6 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, SPY against VCLT, data as of Oct 28, 2026. https://etfiq.com/compare/any/spy-vs-vclt

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