Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
SPY vs VIG: how they differ
SPY and VIG hold 0% of their weight in the same names, and SPY returned more over the year.
SPDR S&P 500 ETF Trust and Vanguard Dividend Appreciation Index Fund.
What they hold in common
By the books each fund has filed, SPY and VIG hold 0% of their money in the same securities at the same weight.
| Only in SPY | Only in VIG |
|---|---|
| NVIDIA CORP 8.08% | Broadcom Inc 5.21% |
| APPLE INC 7.33% | Apple Inc 4.10% |
| MICROSOFT CORP 5.59% | Microsoft Corp 3.99% |
| AMAZON.COM INC 3.77% | JPMorgan Chase & Co 3.61% |
| ALPHABET INC CL A 2.98% | Eli Lilly & Co 3.36% |
| BROADCOM INC 2.61% | Exxon Mobil Corp 2.92% |
| ALPHABET INC CL C 2.39% | Walmart Inc 2.62% |
| META PLATFORMS INC CLASS A 2.16% | Johnson & Johnson 2.51% |
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 Apr 30, 2026 and Sep 10, 2026.
| SPY SPDR S&P 500 ETF Trust | VIG Vanguard Dividend Appreciation Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | State Street | Vanguard |
| What it is | S&P 500 | Dividend growth |
| Total return, 1 year | +17.5% | +12.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | 0.0 pts | −5.1 pts |
| Expense ratio | 0.09% | 0.04% |
| Already in the S&P 500 | 100.0% | 95.7% |
| Holdings | 505 | 332 |
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 Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 38.2%.
VIG in plain words
VIG is an index equity fund tracking the Dividend growth. Over the year to Sep 11, 2026 it returned +12.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. By its holdings filed for Apr 30, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 332 positions, with the top ten at 32.7%.
Questions people ask
- Which returned more over the last year, SPY or VIG?
- In the year to Sep 13, 2026, with distributions reinvested, SPY returned +17.5% and VIG returned +12.4%, so SPY returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SPY or VIG?
- SPY charges 0.09% a year and VIG charges 0.04%, so VIG is cheaper. Fees come from each fund's prospectus.
- How much do SPY and VIG overlap with the S&P 500?
- By their latest filed holdings, 100% of SPY and 96% of VIG by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
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.
Cite this page. ETFIQ, SPY against VIG, data as of Sep 13, 2026. https://etfiq.com/compare/any/spy-vs-vig Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources