Data as of Oct 28, 2026.

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SPYM vs VOOG: Differences, Returns & Fees

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Over the year to Oct 28, 2026, SPYM returned +13.7% to VOOG's +12.1%; 65% of their weight is in the same names.

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Net assets: $185.0bn on Oct 27, 2026 for State Street SPDR Portfolio S&P 500 ETF, and $27.8bn on Sep 30, 2026 for Vanguard S&P 500 Growth ETF.

At a glance
+13.7%
SPYM total return, 1 year
+12.1%
VOOG total return, 1 year
0.02%
SPYM expense ratio
0.05%
VOOG expense ratio

Pair scorecard

SPYM costs 0.03 points a year less; their one-year returns differ by 1.6 points; SPYM is 6.2 times larger.

SPYM vs VOOG: Differences, Returns & Fees
MeasureSPYMVOOG
Return
Total return, 1 year+13.7%+12.1%
Drawdown
Below its high4.1%, high on Oct 6, 2026
Benchmark
What it tracksS&P 500 IndexS&P 500 Growth Index
Cost and size
Expense ratio0.02%0.05%
Net assets, as of Sep 30, 2026$173.6bn$27.8bn
Holdings
Holdings in common65%
Top ten holdings, share of the fund38.1%60.2%

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

Risk and return

Sep 17, 2010 to Oct 23, 2026 · 840 weekly returns
SPYM VOOG
Return
Total return edge VOOG +799.2% +1,043.0%
Annualized edge VOOG +14.6% +16.3%
Price return edge VOOG +579.8% +845.5%
Risk
Volatility edge SPYM 15.7% 17.5%
Max drawdown edge Tie −31.8% −32.0%
Downside capture 96.9% 99.7%
Beta 0.96 1.00
Risk-adjusted
Sharpe edge Tie 0.84 0.86
Sortino edge VOOG (slight) 1.23 1.28
Treynor 0.106 0.151
Calmar edge VOOG 0.46 0.51
Against the benchmark
Alpha +0.4% a year +0.1% a year
Alpha t-stat 0.53 0.33
Information ratio 0.00 0.06
Tracking error 3.8% 0.9%

Each against its own benchmark: SPYM against IVV, Nov 25, 2005 to Oct 23, 2026; VOOG against IVW, Sep 17, 2010 to Oct 23, 2026.

Reading

VOOG returned more: +1,043.0% to +799.2%. SPYM swung less: 15.7% to 17.5%. SPYM and VOOG fell about the same at their worst: −31.8% and −32.0%.

Full scorecard

19 measures, with how each is measured
Open ↓
Risk and return: SPYM vs VOOG: Differences, Returns & Fees
MeasureSPYMVOOGEdgeHow it is measured
Return
Total return+799.2%+1,043.0%VOOGPrice change plus distributions, reinvested.
Annualized+14.6%+16.3%VOOGTotal return as a yearly rate.
Price return+579.8%+845.5%VOOGPrice change alone, distributions left out.
Risk
Volatility15.7%17.5%SPYMSpread of weekly returns, annualized. Lower is steadier.
Downside deviation10.8%11.7%SPYM (slight)Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown−31.8%−32.0%TieDeepest fall from a high to the low after it.
Upside capture94.1%99.6%Share of its benchmark's rise caught in the weeks it rose.
Downside capture96.9%99.7%Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta0.961.00Not an edgeHow far it moves for each 1% its benchmark moves.
R squared0.951.00Not an edgeShare of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe0.840.86TieReturn above Treasury bills per unit of volatility.
Sortino1.231.28VOOG (slight)Return above Treasury bills per unit of downside deviation.
Treynor0.1060.151Return above Treasury bills per unit of beta.
Calmar0.460.51VOOGAnnualized return divided by the max drawdown.
Against the benchmark
BenchmarkIVVIVWThe ETF each fund is measured against.
Alpha+0.4% a year+0.1% a yearNot significantYearly return beyond what its beta to the benchmark predicts.
Alpha t-stat0.530.33Not an edgeHow sure the alpha is. Below 2, it could be chance.
Alpha range−1.2% to +2.0%−0.4% to +0.5%Includes zeroThe 95% range for the yearly alpha.
Information ratio0.000.06Return against its benchmark per unit of tracking error.
Tracking error3.8%0.9%Not an edgeHow far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 840 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

65%

By the books each fund has filed, SPYM and VOOG hold 65% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

65% in common

Positions both hold · largest shared weight first SPYM VOOG
NVIDIA CORP 7.92% 15.01%
APPLE INC 7.61% 6.60%
MICROSOFT CORP 5.92% 10.34%
AMAZON.COM INC 3.73% 3.52%
ALPHABET INC CL A 2.83% 5.48%
BROADCOM INC 2.44% 4.54%
ALPHABET INC CL C 2.26% 4.39%
META PLATFORMS INC CLASS A 2.05% 4.34%
TESLA INC 1.72% 1.68%
MICRON TECHNOLOGY INC 1.57% 3.27%
ELI LILLY + CO 1.54% 2.51%
BERKSHIRE HATHAWAY INC CL B 1.52% 2.52%
Only in one fund ↓
Only in SPYM
EXXONMOBIL HOLDINGS CORP 1.11%
WALMART INC 0.80%
INTEL CORP 0.70%
CHEVRON CORP 0.68%
COSTCO WHOLESALE CORP 0.66%
PROCTER + GAMBLE CO 0.56%
UNITEDHEALTH GROUP INC 0.55%
MERCK + CO. INC. 0.53%
Only in VOOG
MKTLIQ 0.04%
ABIOMED INC-CVR 0.00%
SLCMT1142 0.00%
Check overlap with more funds →

Side by side

SPYM State Street SPDR Portfolio S&P 500 ETF VOOG Vanguard S&P 500 Growth ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the S&P 500 Tracks the S&P 500 Growth
Total return, 1 year +13.7% +12.1%
Its benchmark over the same days +13.7% (IVV) +12.1% (IVW)
Gap to its benchmark 0.0 pts vs IVV 0.0 pts vs IVW
Expense ratio 0.02% 0.05%
Already in the S&P 500 99.8% 99.8%
Holdings 506 154
Net assets, SPYM as of Oct 27, 2026 and VOOG as of Sep 30, 2026 $185.0bn $27.8bn
Former ticker SPLG none

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

Client brief · page 1 of 2 Report BR-CC5848AB2A

SPYM and VOOG do different jobs. What does each one do in a portfolio?

  1. What each follows. SPYM follows S&P 500 Index and VOOG follows S&P 500 Growth Index.
  2. Number of holdings. SPYM holds 506 positions and VOOG holds 154.
  3. Size. SPYM has $173.6bn in net assets and VOOG $27.8bn (net assets, as of Sep 30, 2026); SPYM is 6.2 times larger.

Data as of Oct 28, 2026.

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About each fund
SPYM

SPYM tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.02% 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 506 positions, with the top ten at 38.1%.

VOOG

VOOG tracks the S&P 500 Growth. Over the year to Oct 28, 2026 it returned +12.1% with distributions reinvested, against +12.1% for its benchmark, the S&P 500 Growth Index. The prospectus expense ratio is 0.05% a year. By its holdings published by its issuer as of Sep 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 154 positions, with the top ten at 60.2%. It sat 4.1% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, SPYM or VOOG?
In the year to Oct 28, 2026, with distributions reinvested, SPYM returned +13.7% and VOOG +12.1%.
Which is cheaper, SPYM or VOOG?
SPYM is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do SPYM and VOOG overlap with the S&P 500?
By their latest filed holdings, 100% of SPYM and 100% of VOOG by weight is stocks the S&P 500 already holds.
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ETFIQ, SPYM against VOOG, data as of Oct 28, 2026. https://etfiq.com/compare/any/spym-vs-voog

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