SPYM vs VOO: which ETF is better?
State Street SPDR Portfolio S&P 500 ETF (SPYM) and Vanguard S&P 500 ETF (VOO) compared on fees, holdings overlap, dividend yield, returns and risk, using the latest data.
- SPYM and VOO have very high overlap: 92% of each fund by weight sits in the same holdings.
- SPYM is cheaper at 0.02% a year against 0.03% for VOO, about $1 less in fees per $10,000 invested each year.
- Over the last 10 years, SPYM returned an average of 15.3% a year against 15.3% for VOO, with dividends reinvested.
- Overlap by weight
- 92.2%
- Shared holdings
- 500
| SPYM | VOO | |
|---|---|---|
| Name | State Street SPDR Portfolio S&P 500 ETF | Vanguard S&P 500 ETF |
| Issuer | SPDR | Vanguard |
| Listed on | NYSE Arca · USD | NYSE Arca · USD |
| Expense ratio | 0.02% | 0.03% |
| Assets (AUM) | $178B | $1.0T |
| Launched | Nov 8, 2005 | Sep 7, 2010 |
| Holdings | 504 | 503 |
| Dividend yield (12m) | 1.05% · quarterly | 1.10% · quarterly |
| Asset class | Equity | Large Cap Equity |
| Annualised return | SPYM | VOO |
|---|---|---|
| 1 year | +11.0% | +11.0% |
| 3 years | +20.6% | +20.6% |
| 5 years | +11.0% | +11.0% |
| 10 years | +15.3% | +15.3% |
| Volatility | 15.0% | 15.0% |
| Max drawdown | -33.9% | -34.0% |
Volatility is the annualised standard deviation of daily returns over 3 years. Max drawdown is the largest fall from a peak over the last 10 years, or since launch.
| Holding | SPYM | VOO |
|---|---|---|
| AAPLAPPLE INC | 7.92% | 7.38% |
| NVDANVIDIA CORP | 6.93% | 8.39% |
| MSFTMICROSOFT CORP | 6.28% | 5.78% |
| AMZNAMAZON.COM INC | 4.03% | 3.71% |
| GOOGLALPHABET INC CL A | 2.61% | 3.07% |
| AVGOBROADCOM INC | 2.19% | 2.54% |
| GOOGALPHABET INC CL C | 2.11% | 2.45% |
| METAMETA PLATFORMS INC CLASS A | 2.10% | 2.43% |
| TSLATESLA INC | 1.53% | 1.52% |
| BRK-BBERKSHIRE HATHAWAY INC CL B | 1.68% | 1.41% |
Pull each fund's details, full price history and holdings into Google Sheets or Excel, so your comparison updates itself.
=SF("SPYM","etfInfo","expenseRatio&assetsUnderManagement&holdingsCount")=SF_TIMESERIES("SPYM","2016-10-01",TODAY(),"dailyAdj")=SF("VOO","etfInfo","expenseRatio&assetsUnderManagement&holdingsCount")=SF_TIMESERIES("VOO","2016-10-01",TODAY(),"dailyAdj")Prices to Nov 6, 2026; holdings last checked Nov 6, 2026. Returns are in each fund's trading currency (USD). Past performance doesn't predict future returns. For information only, not investment advice.
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SPYM vs VOO: frequently asked questions
How much do SPYM and VOO overlap?
92.2% by weight. They share 500 holdings, and that share of each fund is invested in exactly the same positions. That's very high, so holding both adds little diversification.
Is SPYM or VOO cheaper?
SPYM is cheaper. SPYM's expense ratio is 0.02% a year and VOO's is 0.03%, so on $10,000 you'd pay about $2 and $3 a year.
Which has performed better, SPYM or VOO?
Over the last 10 years, SPYM has. SPYM returned 15.3% and VOO 15.3% a year on average, including reinvested dividends, as of Nov 6, 2026. Past returns don't predict future ones.
Which pays a higher dividend, SPYM or VOO?
VOO does. Over the last 12 months SPYM yielded 1.05%, paid quarterly, and VOO 1.10%, paid quarterly.
Should I hold both SPYM and VOO?
Holding both mostly doubles up on the same stocks, since 92% of each fund is in the same positions. Most investors pick one, often the cheaper one. This is general information, not advice.
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