Data as of Oct 28, 2026.

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SPYG vs VWO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, SPYG returned +12.2% to VWO's +4.8%; 0% of their weight is in the same names.

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Net assets: $55.9bn on Oct 27, 2026 for State Street SPDR Portfolio S&P 500 Growth ETF, and $125.4bn on Sep 30, 2026 for Vanguard FTSE Emerging Markets ETF.

At a glance
+12.2%
SPYG total return, 1 year
+4.8%
VWO total return, 1 year
0.04%
SPYG expense ratio
0.06%
VWO expense ratio

Pair scorecard

SPYG costs 0.02 points a year less; their one-year returns differ by 7.4 points; VWO is 2.2 times larger.

SPYG vs VWO: Differences, Returns & Fees
MeasureSPYGVWO
Return
Total return, 1 year+12.2%+4.8%
Drawdown
Below its high4.1%, high on Oct 6, 20267.0%, high on Sep 4, 2026
Benchmark
What it tracksS&P 500 Growth IndexFTSE Emerging Markets All Cap China A Inclusion Index
Cost and size
Expense ratio0.04%0.06%
Net assets, as of Sep 30, 2026$56.6bn$125.4bn
Holdings
Holdings in common0%
Top ten holdings, share of the fund59.6%29.8%

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, SPYG and VWO 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 SPYG VWO
TE CONNECTIVITY PLC 0.12% 0.01%
Only in one fund ↓
Only in SPYG
NVIDIA CORP 14.61%
MICROSOFT CORP 10.93%
APPLE INC 7.01%
ALPHABET INC CL A 5.21%
BROADCOM INC 4.51%
ALPHABET INC CL C 4.17%
META PLATFORMS INC CLASS A 3.79%
AMAZON.COM INC 3.65%
Only in VWO
Taiwan Semiconductor Manufacturing Co Ltd 15.76%
SLCMT1142 2.96%
Tencent Holdings Ltd 2.82%
Alibaba Group Holding Ltd 2.11%
MediaTek Inc 1.88%
MKTLIQ 0.95%
Delta Electronics Inc 0.95%
China Construction Bank Corp 0.91%
Check overlap with more funds →

Side by side

SPYG State Street SPDR Portfolio S&P 500 Growth ETF VWO Vanguard FTSE Emerging Markets ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P 500 Growth Tracks an index of Emerging markets
Total return, 1 year +12.2% +4.8%
Its benchmark over the same days +12.1% (IVW) not measured
Gap to its benchmark +0.1 pts vs IVW not measured
Expense ratio 0.04% 0.06%
Already in the S&P 500 100.0% 0.0%
Holdings 152 6515
Net assets, SPYG as of Oct 27, 2026 and VWO as of Sep 30, 2026 $55.9bn $125.4bn

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

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About each fund
SPYG

SPYG tracks the S&P 500 Growth. Over the year to Oct 28, 2026 it returned +12.2% with distributions reinvested, against +12.1% for its benchmark, the S&P 500 Growth Index. The prospectus expense ratio is 0.04% 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 152 positions, with the top ten at 59.6%. It sat 4.1% below its high of Oct 6, 2026 on Oct 28, 2026.

VWO

VWO tracks an index of Emerging markets. Over the year to Oct 28, 2026 it returned +4.8% with distributions reinvested. The prospectus expense ratio is 0.06% 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 6,515 positions, with the top ten at 29.8%. It sat 7.0% below its high of Sep 4, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, SPYG or VWO?
In the year to Oct 28, 2026, with distributions reinvested, SPYG returned +12.2% and VWO +4.8%.
Which is cheaper, SPYG or VWO?
SPYG is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do SPYG and VWO overlap with the S&P 500?
By their latest filed holdings, 100% of SPYG and 0% of VWO by weight is stocks the S&P 500 already holds.
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ETFIQ, SPYG against VWO, data as of Oct 28, 2026. https://etfiq.com/compare/any/spyg-vs-vwo

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