SPYV vs TVAL: Differences, Returns & Fees
SPYV and TVAL hold 45% of their weight in the same names, and TVAL returned +26.8% over the year. Net assets: $36.2bn on Oct 8, 2026 for State Street SPDR Portfolio S&P 500 Value ETF, and $1.1bn on Oct 9, 2026 for T. Rowe Price Value ETF.
SPYV costs 0.29 points a year less; their one-year returns differ by 12.3 points; SPYV is far larger, $36.2bn against $1.1bn.
| SPYV | TVAL | |
|---|---|---|
| Expense ratio | 0.04% | 0.33% |
| Net assets, as of Oct 8, 2026 | $36.2bn | $1.1bn |
| Total return, 1 year | +14.5% | +26.8% |
| What it tracks | S&P 500 Value Index ? | No index, actively managed |
| Holdings in common | 45% | |
| Top ten holdings, share of the fund | 24.7% | 23.0% |
Holdings in common uses holdings dated Jun 30, 2026 and Oct 8, 2026.
What they hold in common
By the books each fund has filed, SPYV and TVAL hold 45% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Oct 8, 2026.
half
45% in common
On the same fields
SPYV and TVAL on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.
About SPYV
SPYV tracks an index. Over the year to Oct 9, 2026 it returned +14.5% with distributions reinvested, against +14.4% for its benchmark, the S&P 500 Value Index ?. The prospectus expense ratio is 0.04% a year. By its holdings published by its issuer for Oct 8, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 435 positions, with the top ten at 24.7%.
About TVAL
TVAL is actively managed and tracks no index. The prospectus expense ratio is 0.33% a year. By its holdings filed for Jun 30, 2026, 93% of the fund by weight is stocks the S&P 500 also holds, across 158 positions, with the top ten at 23.0%.
Over the year to Oct 9, 2026 it returned +26.8% with distributions reinvested, against +26.4% for its benchmark, the Russell 1000 Value Index.
Questions people ask
- Which returned more over the last year, SPYV or TVAL?
- In the year to Oct 9, 2026, with distributions reinvested, SPYV returned +14.5% and TVAL +26.8%.
- Which is cheaper, SPYV or TVAL?
- SPYV is cheaper, by 0.29 percentage points a year. That is about $29 on $10,000 held for a year. Fees come from each fund's prospectus.
ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, SPYV against TVAL, data as of Oct 9, 2026. https://etfiq.com/compare/any/spyv-vs-tval
ETFIQ. (Oct 9, 2026). SPYV against TVAL. Retrieved from https://etfiq.com/compare/any/spyv-vs-tval
[SPYV against TVAL (ETFIQ, Oct 9, 2026)](https://etfiq.com/compare/any/spyv-vs-tval)
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