SPY vs VOO
Comparison between SPDR S&P 500 ETF Trust (SPY, ETF) and VANGUARD 500 INDEX FUND ETF SHARES (VOO, ETF).
5-Year PerformanceVOO has outperformed SPY, delivering a return of +13.4% compared to +13.3%
SPY vs VOO - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
SPY
$652B
Winner
VOO
$1.40T
Expense Ratio
SPY
0.09%
Winner
VOO
0.03%
Max Drawdown
SPY
56.47%
Winner
VOO
34.30%
Sharpe Ratio
SPY
2.07
Winner
VOO
2.07
5Y Beta
SPY
1.00
Winner
VOO
0.97
P/E Ratio
SPY
28.24
Winner
VOO
27.44
Forward P/E
SPY
21.85
Winner
VOO
21.50
5Y Dividends CAGR
SPY
5.43%
Winner
VOO
10.66%
5Y EPS CAGR
Winner
SPY
25.79%
VOO
24.58%
Debt to Equity
SPY
22.35%
Winner
VOO
17.06%
P/S Ratio
SPY
3.55
Winner
VOO
3.41
P/B Ratio
SPY
5.29
Winner
VOO
5.10
SPY vs VOO - Holdings Comparison
SPY and VOO have 481 common holdings. Overlap is 93.74%
SPY's top 25 holdings weight is 51.32%. VOO's top 25 holdings weight is 49.44%.
| Rank | SPY | VOO |
|---|---|---|
| #1 | NVIDIA CORP (NVDA) - 8.45% | NVIDIA CORP (NVDA) - 7.58% |
| #2 | APPLE INC (AAPL) - 6.48% | APPLE INC (AAPL) - 6.67% |
| #3 | MICROSOFT CORP (MSFT) - 5.20% | MICROSOFT CORP (MSFT) - 4.92% |
| #4 | AMAZON.COM INC (AMZN) - 4.14% | AMAZON.COM INC (AMZN) - 3.64% |
| #5 | ALPHABET INC CLASS A (GOOGL) - 3.32% | ALPHABET INC CLASS A (GOOGL) - 3.00% |
| #6 | BROADCOM INC (AVGO) - 3.09% | BROADCOM INC (AVGO) - 2.63% |
| #7 | ALPHABET INC CLASS C (GOOG) - 2.65% | ALPHABET INC CLASS C (GOOG) - 2.40% |
| #8 | META PLATFORMS INC CLASS A (META) - 2.40% | META PLATFORMS INC CLASS A (META) - 2.24% |
| #9 | TESLA INC (TSLA) - 1.73% | TESLA INC (TSLA) - 1.87% |
| #10 | BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.43% | BERKSHIRE HATHAWAY INC CLASS B (BRK-B) - 1.57% |
| #11 | JPMORGAN CHASE & CO (JPM) - 1.37% | JPMORGAN CHASE & CO (JPM) - 1.34% |
| #12 | ELI LILLY AND CO (LLY) - 1.13% | ELI LILLY AND CO (LLY) - 1.30% |
| #13 | EXXON MOBIL CORP (XOM) - 1.03% | EXXON MOBIL CORP (XOM) - 1.27% |
| #14 | MICRON TECHNOLOGY INC (MU) - 0.93% | JOHNSON & JOHNSON (JNJ) - 1.05% |
| #15 | WALMART INC (WMT) - 0.91% | WALMART INC (WMT) - 0.97% |
| #16 | JOHNSON & JOHNSON (JNJ) - 0.90% | VISA INC CLASS A (V) - 0.89% |
| #17 | ADVANCED MICRO DEVICES INC (AMD) - 0.86% | COSTCO WHOLESALE CORP (COST) - 0.79% |
| #18 | VISA INC CLASS A (V) - 0.85% | MASTERCARD INC CLASS A (MA) - 0.73% |
| #19 | COSTCO WHOLESALE CORP (COST) - 0.72% | NETFLIX INC (NFLX) - 0.73% |
| #20 | MASTERCARD INC CLASS A (MA) - 0.67% | ABBVIE INC (ABBV) - 0.69% |
| #21 | INTEL CORP (INTC) - 0.65% | CHEVRON CORP (CVX) - 0.69% |
| #22 | NETFLIX INC (NFLX) - 0.64% | MICRON TECHNOLOGY INC (MU) - 0.68% |
| #23 | CATERPILLAR INC (CAT) - 0.62% | PROCTER & GAMBLE CO (PG) - 0.60% |
| #24 | CHEVRON CORP (CVX) - 0.58% | n/a (PLTR) - 0.60% |
| #25 | PROCTER & GAMBLE CO (PG) - 0.57% | THE HOME DEPOT INC (HD) - 0.59% |
| Total Holdings | 505 | 496 |
SPY vs VOO - Historical Returns
Returns include dividend reinvestment.
1M
SPY
+9.11%
Winner
VOO
+9.13%
3M
Winner
SPY
+6.59%
VOO
+6.58%
6M
SPY
+10.56%
Winner
VOO
+10.58%
1Y
SPY
+32.04%
Winner
VOO
+32.12%
5Y(CAGR)
SPY
+13.35%
Winner
VOO
+13.41%
10Y(CAGR)
SPY
+15.49%
Winner
VOO
+15.55%
Max(CAGR)
SPY
+8.50%
Winner
VOO
+14.98%
SPY vs VOO - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | SPY | VOO |
|---|---|---|
| 2026 | +8.27% | +8.26% |
| 2025 | +18.00% | +18.12% |
| 2024 | +25.59% | +25.78% |
| 2023 | +26.72% | +26.81% |
| 2022 | -18.64% | -18.68% |
| 2021 | +30.52% | +30.55% |
| 2020 | +17.28% | +17.25% |
| 2019 | +31.09% | +31.25% |
| 2018 | -5.24% | -5.20% |
| 2017 | +20.78% | +20.93% |
| 2016 | +13.59% | +13.77% |
| 2015 | +1.31% | +1.31% |
| 2014 | +14.56% | +14.58% |
| 2013 | +29.00% | +29.20% |
| 2012 | +14.17% | +14.31% |
| 2011 | +0.85% | +0.95% |
| 2010 | +13.14% | +14.77% |
| 2009 | +22.67% | N/A |
| 2008 | -36.25% | N/A |
| 2007 | +5.32% | N/A |
| 2006 | +13.85% | N/A |
| 2005 | +5.32% | N/A |
| 2004 | +10.75% | N/A |
| 2003 | +24.18% | N/A |
| 2002 | -22.42% | N/A |
| 2001 | -10.13% | N/A |
| 2000 | -8.84% | N/A |
| 1999 | +8.61% | N/A |
SPY vs VOO Drawdown Comparison
The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.
The maximum drawdown for VOO was -34.01%, occurring on Mar 23, 2020. Recovery took 120 trading sessions.
| Rank | SPY | VOO |
|---|---|---|
| #1 | -55.20% Oct 9, 2007 - Aug 16, 2012 | -34.01% Feb 19, 2020 - Aug 10, 2020 |
| #2 | -47.50% Mar 24, 2000 - Oct 26, 2006 | -24.53% Jan 3, 2022 - Dec 13, 2023 |
| #3 | -33.70% Feb 19, 2020 - Aug 10, 2020 | -19.47% Sep 20, 2018 - Apr 12, 2019 |
| #4 | -24.50% Jan 3, 2022 - Dec 13, 2023 | -18.75% Apr 29, 2011 - Feb 3, 2012 |
| #5 | -19.34% Sep 20, 2018 - Apr 12, 2019 | -18.69% Feb 19, 2025 - Jun 26, 2025 |
| #6 | -18.76% Feb 19, 2025 - Jun 26, 2025 | -13.01% Jul 20, 2015 - Apr 18, 2016 |
| #7 | -13.02% Jul 20, 2015 - Apr 18, 2016 | -10.09% Jan 26, 2018 - Jul 25, 2018 |
| #8 | -10.10% Jan 26, 2018 - Aug 6, 2018 | -9.65% Apr 2, 2012 - Aug 16, 2012 |
| #9 | -9.44% Sep 2, 2020 - Nov 11, 2020 | -9.45% Sep 2, 2020 - Nov 11, 2020 |
| #10 | -9.30% Jan 19, 2000 - Mar 17, 2000 | -8.90% Jan 27, 2026 - Apr 14, 2026 |
| #11 | -9.05% Jul 19, 2007 - Oct 5, 2007 | -8.45% Jul 16, 2024 - Sep 19, 2024 |
| #12 | -8.88% Jan 27, 2026 - Apr 14, 2026 | -7.41% Sep 14, 2012 - Jan 2, 2013 |
| #13 | -8.41% Jul 16, 2024 - Sep 19, 2024 | -7.30% Sep 18, 2014 - Oct 31, 2014 |
| #14 | -7.35% Sep 14, 2012 - Jan 2, 2013 | -6.64% May 3, 2019 - Jun 20, 2019 |
| #15 | -7.27% Sep 18, 2014 - Oct 31, 2014 | -6.21% Feb 18, 2011 - Apr 26, 2011 |
Correlation
Correlation between SPY and VOO is 1.00 which considered as a very strong positive correlation - the stocks move almost identically together.
1.00
-101
Dividend Comparison (1999 - 2026)
SPY vs VOO dividend yield comparison.
| Year | SPY | VOO |
|---|---|---|
| 2026 | 0.24% | 0.28% |
| 2025 | 1.07% | 1.13% |
| 2024 | 1.21% | 1.24% |
| 2023 | 1.40% | 1.46% |
| 2022 | 1.65% | 1.69% |
| 2021 | 1.20% | 1.25% |
| 2020 | 1.52% | 1.54% |
| 2019 | 1.75% | 1.88% |
| 2018 | 2.04% | 2.06% |
| 2017 | 1.80% | 1.78% |
| 2016 | 2.03% | 2.02% |
| 2015 | 2.06% | 2.10% |
| 2014 | 1.87% | 1.85% |
| 2013 | 1.81% | 1.84% |
| 2012 | 2.18% | 2.18% |
| 2011 | 2.05% | 2.06% |
| 2010 | 1.80% | 0.94% |
| 2009 | 1.95% | 0.00% |
| 2008 | 3.02% | 0.00% |
| 2007 | 1.85% | 0.00% |
| 2006 | 1.73% | 0.00% |
| 2005 | 1.73% | 0.00% |
| 2004 | 1.82% | 0.00% |
| 2003 | 1.47% | 0.00% |
| 2002 | 1.70% | 0.00% |
| 2001 | 1.25% | 0.00% |
| 2000 | 1.15% | 0.00% |
| 1999 | 0.24% | 0.00% |
Select Stocks to Compare
More Comparisons
Compare with similar stocks