Data as of Oct 28, 2026.

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SPY vs VXUS: Differences, Returns & Fees

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Over the year to Oct 28, 2026, SPY returned +13.6% to VXUS's +13.8%; 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 $163.2bn on Sep 30, 2026 for Vanguard Total International Stock ETF.

At a glance
+13.6%
SPY total return, 1 year
+13.8%
VXUS total return, 1 year
0.09%
SPY expense ratio
0.05%
VXUS expense ratio

Pair scorecard

VXUS costs 0.04 points a year less; their one-year returns differ by 0.2 points; SPY is 5.0 times larger.

SPY vs VXUS: Differences, Returns & Fees
MeasureSPYVXUS
Return
Total return, 1 year+13.6%+13.8%
Drawdown
Below its high5.1%, high on Sep 4, 2026
Benchmark
What it tracksS&P 500 IndexFTSE Global All Cap ex US Index
Cost and size
Expense ratio0.09%0.05%
Net assets, as of Sep 30, 2026$809.2bn$163.2bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund38.1%14.6%

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

Risk and return

Feb 4, 2011 to Oct 23, 2026 · 820 weekly returns
SPY VXUS
Return
Total return edge SPY +664.0% +158.2%
Annualized edge SPY +13.8% +6.2%
Price return edge SPY +479.5% +62.6%
Risk
Volatility edge SPY (slight) 16.0% 16.5%
Max drawdown edge SPY (slight) −31.8% −34.6%
Risk-adjusted
Sharpe edge SPY 0.78 0.35
Sortino edge SPY 1.14 0.49
Calmar edge SPY 0.43 0.18
Reading

SPY returned more: +664.0% to +158.2%. SPY swung slightly less: 16.0% to 16.5%. SPY fell slightly less at its worst: −31.8% to −34.6%.

Full scorecard

9 measures, with how each is measured
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Risk and return: SPY vs VXUS: Differences, Returns & Fees
MeasureSPYVXUSEdgeHow it is measured
Return
Total return+664.0%+158.2%SPYPrice change plus distributions, reinvested.
Annualized+13.8%+6.2%SPYTotal return as a yearly rate.
Price return+479.5%+62.6%SPYPrice change alone, distributions left out.
Risk
Volatility16.0%16.5%SPY (slight)Spread of weekly returns, annualized. Lower is steadier.
Downside deviation11.0%11.8%SPY (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−31.8%−34.6%SPY (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.780.35SPYReturn above Treasury bills per unit of volatility.
Sortino1.140.49SPYReturn above Treasury bills per unit of downside deviation.
Calmar0.430.18SPYAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 820 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, SPY and VXUS 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 VXUS
HALLIBURTON CO 0.04% 0.01%
ESTEE LAUDER COMPANIES CL A 0.04% 0.00%
TE CONNECTIVITY PLC 0.10% 0.00%
LULULEMON ATHLETICA INC 0.02% 0.00%
PULTEGROUP INC 0.03% 0.00%
SIMON PROPERTY GROUP INC 0.10% 0.00%
CAPITAL ONE FINANCIAL CORP 0.19% 0.00%
EQT CORP 0.05% 0.00%
CITIZENS FINANCIAL GROUP 0.04% 0.00%
SEMPRA 0.08% 0.00%
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 VXUS
Taiwan Semiconductor Manufacturing Co Ltd 4.27%
Samsung Electronics Co Ltd 2.03%
SK hynix Inc 1.67%
SLCMT1142 1.66%
ASML Holding NV 1.55%
Tencent Holdings Ltd 0.76%
HSBC Holdings PLC 0.76%
Roche Holding AG 0.66%
Check overlap with more funds →

Side by side

SPY SPDR S&P 500 ETF Trust VXUS Vanguard Total International Stock ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P 500 Tracks an index of Total International Stock
Total return, 1 year +13.6% +13.8%
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% 0.05%
Already in the S&P 500 99.8% 0.0%
Holdings 504 8913
Net assets, SPY as of Oct 27, 2026 and VXUS as of Sep 30, 2026 $814.8bn $163.2bn

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

Client brief · page 1 of 2 Report BR-FA9E7B0897

SPY and VXUS do different jobs. What does each one do in a portfolio?

  1. What each follows. SPY follows S&P 500 Index and VXUS follows FTSE Global All Cap ex US Index.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
  3. Number of holdings. SPY holds 504 positions and VXUS holds 8913.

Data as of Oct 28, 2026.

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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%.

VXUS

VXUS tracks an index of Total International Stock. Over the year to Oct 28, 2026 it returned +13.8% with distributions reinvested. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 8,913 positions, with the top ten at 14.6%. It sat 5.1% below its high of Sep 4, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, SPY or VXUS?
In the year to Oct 28, 2026, with distributions reinvested, SPY returned +13.6% and VXUS +13.8%.
Which is cheaper, SPY or VXUS?
VXUS is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do SPY and VXUS overlap with the S&P 500?
By their latest filed holdings, 100% of SPY and 0% of VXUS by weight is stocks the S&P 500 already holds.
Other comparisons
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ETFIQ, SPY against VXUS, data as of Oct 28, 2026. https://etfiq.com/compare/any/spy-vs-vxus

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