SPYG vs VOO: Grades, Fees and Holdings Compared

State Street SPDR Portfolio S&P 500 Growth ETF

SPYGANYSE Arca

Vanguard S&P 500 ETF

VOOANYSE Arca

Overlap

67.7%by weight

Expense ratio

VOO −0.01pt a year

SPYG0.04%VOO0.03%

Avg volume · 30D

VOO 3.2×the volume

SPYG2.26MVOO7.22M

10Y return · a year

SPYG +2.3pt

SPYG+18.0%VOO+15.7%

SPYG vs VOO Performance

Oct 28, 2021 – Oct 28, 2026

+81.8%SPYG+80.7%VOO

Expense ratio: SPYG 0.04%; VOO 0.03%, better
Fund size: SPYG $55.3B; VOO $1.7T
1Y total return: SPYG +12.2%; VOO +13.7%, better
Yield (12M): SPYG 0.48%; VOO 1.05%, better
Holdings: SPYG 153; VOO 507
Avg volume (30D): SPYG 2.26M sh; VOO 7.22M sh, better
NAV per share: SPYG $119.41; VOO $707.53
52W range

ETF.net Grade

Pillar letters and Scores for SPYG, VOO, with each pillar’s weight
Pillar	SPYG	VOO
Cost30% weight	A96	A84
Mission25% weight	A98	A100
Risk15% weight	B55	C51
Tradability15% weight	A95	C53
Holdings10% weight	D37	C41
Durability5% weight	A79	A93

Where each fund ranks

How we build Categories ›

Different Categories. Their Grades do not compare head to head.

US Growth Index⁠

Category · 35 funds

See all 35 ›

SPYG ranks 1st of 35 funds in the US Growth Index Category.

Rank 1ASPYGState Street SPDR Portfolio S&P 500 Growth ETFScore 83
Rank 2AIMCGiShares Morningstar Mid-Cap Growth ETFScore 78

S&P 500⁠

Category · 14 funds

See all 14 ›

VOO ranks 3rd of 14 funds in the S&P 500 Category.

Rank 1ASPYMState Street SPDR Portfolio S&P 500 ETFScore 82
Rank 2AIVViShares Core S&P 500 ETFScore 79
Rank 3AVOOVanguard S&P 500 ETFScore 74
Rank 4AUSPXFranklin U.S. Equity Index ETFScore 71

Our read on each fund

ETF.net Research

SPYGAState Street SPDR Portfolio S&P 500 Growth ETF

VOOAVanguard S&P 500 ETF

In short

SPYG The growth half of the S&P 500 for 0.04% a year, running since 2000. No exotic screen, no reinvention: just the index's fastest-growing names, in the cheapest wrapper tracking that index.

VOO Not a standalone ETF but a share class of Vanguard's flagship 500 Index Fund: the same roughly 500 large US companies, 0.03% a year, in a wrapper you can trade all day.

Stated mandate

SPYG The fund seeks to track, before fees and expenses, the total return of the S&P 500 Growth Index. It provides exposure to S&P 500 companies selected for strong growth characteristics.

VOO The fund invests in stocks represented by the S&P 500 Index and seeks to closely track that index's return as a measure of overall U.S. stock performance.

Why people hold it

SPYG Costs 0.04% a year, well under the typical fee in the US growth-ETF group.
The cheapest way to buy the S&P 500 Growth Index: VOOG follows the same benchmark at 0.07%.
Has tracked its index tightly, one of the strongest implementations among growth funds we grade.
Trading since 2000, now a multi-billion-dollar fund that changes hands actively, so spreads stay thin. Pays quarterly.

VOO 0.03% a year against a 0.15% median for S&P 500 trackers. On a fund this size, that fee gap is the whole product.
Holds the index outright, all roughly 500 names, and its tracking record sits among the tightest in the S&P 500 group.vanguard.com
One of the most actively traded ETFs in the market, which tends to keep the cost of getting in and out small.
It is the ETF share class of Vanguard's 500 Index Fund, and Vanguard is owned by its own funds, so no outside parent takes a cut.vanguard.com sec.gov

Worth knowing

SPYG About 150 stocks, not 500. You get the growth slice, which means heavier single-name and sector concentration than the full index.
The index screens on growth and momentum, so rebalances lean into names that have already run and the ride is bumpier than the broad market.
Large-cap US only. No small caps, no international, no bonds.

VOO Large US companies only, weighted by size, so the biggest few names carry the most weight and drive much of the move.spglobal.com
Membership is not purely mechanical: an S&P index committee decides which companies come in and go out.spglobal.com
SPYM tracks the same index for 0.02%. A rounding error for most, but real if cost is your only tiebreaker.

Full SPYG profile⁠

Full VOO profile⁠

SPYG vs VOO Holdings

Holdings as of Oct 27, 2026

How SPYG and VOO differ

Overlap by weight

67.7%

Shared holdings make up 99.9% of SPYG and 68.7% of VOO.

Level by level

Holdings151 in both67.7%
Sector11 Sectors82.8%
Countryby domicile99.3%
Asset classEquity100%

Sector

Sector weights in SPYG and VOO, widest gap first
Sector	More in SPYGMore in VOO	SPYG	VOO
Technology	SPYG +12.4 points	52.9%	40.5%
Communication	SPYG +4.8 points	14.8%	9.9%
Energy	VOO +3.4 points	0.0%	3.4%
Consumer Staples	VOO +3.1 points	1.2%	4.3%
Health Care	VOO +2.4 points	6.8%	9.3%
Industrials	VOO +2.0 points	5.6%	7.5%
Financials	VOO +1.9 points	9.2%	11.1%
Utilities	VOO +1.6 points	0.3%	1.9%
Materials	VOO +1.3 points	0.3%	1.6%
Real Estate	VOO +1.1 points	0.6%	1.7%
Consumer Discretionary	VOO +0.5 points	8.3%	8.8%

Country, concentration and asset class

Country by domicile

Country weights in SPYG and VOO, widest gap first
Country	More in SPYGMore in VOO	SPYG	VOO
United States	VOO +0.7 points	99.3%	100.0%
Other countries (2)	SPYG +0.7 points	0.7%	0.0%

Concentration

Weight in the 10 largest Holdings

SPYG59.7%
VOO39.1%

Securities held

SPYG152
VOO506

Asset class

SPYG: Equity
VOO: Equity

Holdings

Only in SPYG1
In both151
Only in VOO355

Only in SPYG

1 security, 0.1% of SPYG by weight

Twilio Inc A0.11%

Only in VOO

355 securities, 31.4% of VOO by weight

ExxonMobil Holdings Corp1.02%
Intel Corp0.91%
Walmart Inc0.70%
Costco Wholesale Corp0.61%
Chevron Corp0.61%
Merck & Co Inc0.54%
Bank of America Corp0.54%
Procter & Gamble Co/The0.51%
UnitedHealth Group Inc0.50%
Home Depot Inc/The0.43%
Texas Instruments Inc0.39%
Thermo Fisher Scientific Inc0.38%
Wells Fargo & Co0.37%
Linde PLC0.33%
Citigroup Inc0.32%
QUALCOMM Inc0.30%
Analog Devices Inc0.29%
Verizon Communications Inc0.29%
Salesforce Inc0.29%
Walt Disney Co/The0.28%
PepsiCo Inc0.26%
Abbott Laboratories0.26%
Deere & Co0.26%
AT&T Inc0.25%
Eaton Corp PLC0.25%
Western Digital Corp0.25%
Dell Technologies Inc0.25%
Pfizer Inc0.25%
Union Pacific Corp0.25%
Charles Schwab Corp/The0.24%
NextEra Energy Inc0.24%
Blackrock Inc0.23%
ConocoPhillips0.23%
Danaher Corp0.21%
Vertex Pharmaceuticals Inc0.20%
Bristol-Myers Squibb Co0.19%
Prologis Inc0.19%
Capital One Financial Corp0.18%
Chubb Ltd0.17%
Altria Group Inc0.17%
Accenture PLC0.17%
Valero Energy Corp0.17%
Marathon Petroleum Corp0.17%
Medtronic PLC0.17%
CVS Health Corp0.17%
Starbucks Corp0.16%
Lockheed Martin Corp0.16%
Lowe's Cos Inc0.16%
Automatic Data Processing Inc0.16%
Phillips 660.15%

Weight gaps

The 100 widest of 151 Holdings in both funds.

Holding weights in SPYG and VOO, widest gap first
Holding	More in SPYGMore in VOO	SPYG	VOO
NVIDIA CorpNVDA	SPYG +6.22 points	14.62%	8.40%
Microsoft CorpMSFT	SPYG +5.27 points	11.06%	5.79%
Alphabet Inc Class AGOOGL	SPYG +2.13 points	5.20%	3.07%
Broadcom IncAVGO	SPYG +1.84 points	4.38%	2.54%
Alphabet Inc Class CGOOG	SPYG +1.72 points	4.18%	2.46%
Meta Platforms Inc Class AMETA	SPYG +1.46 points	3.89%	2.43%
Eli Lilly & CoLLY	SPYG +1.45 points	2.86%	1.41%
Berkshire Hathaway Inc Class BBRK.B	SPYG +1.45 points	2.86%	1.41%
Micron Technology IncMU	SPYG +1.02 points	2.85%	1.83%
Advanced Micro DevicesAMD	SPYG +0.91 points	2.43%	1.52%
Palantir Technologies Inc APLTR	SPYG +0.63 points	1.28%	0.65%
Tesla IncTSLA	SPYG +0.39 points	1.91%	1.52%
Apple IncAAPL	VOO +0.37 points	7.02%	7.39%
Rtx CorpRTX	SPYG +0.36 points	0.74%	0.38%
JPMorgan Chase & CoJPM	SPYG +0.35 points	1.69%	1.34%
Crowdstrike Holdings Inc ACRWD	SPYG +0.34 points	0.75%	0.41%
Caterpillar IncCAT	SPYG +0.32 points	0.89%	0.57%
Netflix IncNFLX	SPYG +0.30 points	0.74%	0.44%
Ge Vernova IncGEV	SPYG +0.26 points	0.64%	0.38%
Mastercard Inc AMA	SPYG +0.25 points	0.93%	0.68%
Applied Materials IncAMAT	SPYG +0.24 points	0.86%	0.62%
Welltower IncWELL	SPYG +0.23 points	0.48%	0.25%
Intuitive Surgical IncISRG	SPYG +0.23 points	0.45%	0.22%
Lam Research CorpLRCX	SPYG +0.21 points	0.83%	0.62%
Amphenol Corp Class AAPH	SPYG +0.20 points	0.52%	0.32%
Arista Networks IncANET	SPYG +0.20 points	0.52%	0.32%
Uber Technologies IncUBER	SPYG +0.17 points	0.38%	0.21%
Kla CorpKLAC	SPYG +0.16 points	0.55%	0.39%
Visa Inc Class A SharesV	SPYG +0.15 points	1.06%	0.91%
Newmont CorpNEM	SPYG +0.15 points	0.33%	0.18%
Booking Holdings IncBKNG	SPYG +0.13 points	0.32%	0.19%
Sandisk CorpSNDK	SPYG +0.12 points	0.51%	0.39%
Datadog Inc Class ADDOG	SPYG +0.12 points	0.26%	0.14%
Marriott International Class AMAR	SPYG +0.12 points	0.24%	0.12%
Hilton Worldwide Holdings InHLT	SPYG +0.11 points	0.22%	0.11%
Amgen IncAMGN	SPYG +0.11 points	0.46%	0.35%
Goldman Sachs Group IncGS	SPYG +0.10 points	0.47%	0.37%
O Reilly Automotive IncORLY	SPYG +0.10 points	0.21%	0.10%
Hca Healthcare IncHCA	SPYG +0.09 points	0.19%	0.10%
Monster Beverage CorpMNST	SPYG +0.10 points	0.19%	0.09%
Royal Caribbean Cruises LtdRCL	SPYG +0.10 points	0.20%	0.10%
Amazon.com IncAMZN	VOO +0.10 points	3.62%	3.72%
Quanta Services IncPWR	SPYG +0.09 points	0.24%	0.15%
Johnson & JohnsonJNJ	SPYG +0.09 points	1.06%	0.97%
Coca Cola Co/TheKO	VOO +0.09 points	0.42%	0.51%
Transdigm Group IncTDG	SPYG +0.08 points	0.17%	0.09%
Marvell Technology IncMRVL	VOO +0.08 points	0.27%	0.35%
Howmet Aerospace IncHWM	SPYG +0.08 points	0.22%	0.14%
Applovin Corp Class AAPP	SPYG +0.08 points	0.20%	0.12%
Vertiv Holdings Co AVRT	SPYG +0.08 points	0.22%	0.14%
Doordash Inc ADASH	SPYG +0.07 points	0.18%	0.10%
American Express CoAXP	SPYG +0.08 points	0.32%	0.24%
Lumentum Holdings IncLITE	SPYG +0.07 points	0.20%	0.13%
Robinhood Markets Inc AHOOD	SPYG +0.07 points	0.21%	0.14%
Servicenow IncNOW	SPYG +0.07 points	0.28%	0.21%
Idexx Laboratories IncIDXX	SPYG +0.07 points	0.13%	0.06%
Monolithic Power Systems IncMPWR	SPYG +0.06 points	0.16%	0.10%
Vistra CorpVST	SPYG +0.06 points	0.13%	0.07%
Ciena CorpCIEN	SPYG +0.05 points	0.13%	0.08%
General ElectricGE	VOO +0.05 points	0.44%	0.49%
Seagate Technology HoldingsSTX	VOO +0.06 points	0.26%	0.32%
Everpure Inc AP	SPYG +0.05 points	0.12%	0.07%
AbbVie IncABBV	VOO +0.05 points	0.65%	0.70%
Carnival Corp LtdCCL	SPYG +0.05 points	0.10%	0.05%
Expedia Group IncEXPE	SPYG +0.04 points	0.09%	0.05%
Bloom Energy Corp ABE	SPYG +0.05 points	0.17%	0.12%
Oracle CorpORCL	VOO +0.04 points	0.32%	0.36%
Interactive Brokers Gro Class AIBKR	SPYG +0.04 points	0.10%	0.06%
Philip Morris InternationalPM	SPYG +0.04 points	0.49%	0.45%
Boeing Co/TheBA	VOO +0.04 points	0.18%	0.22%
Ulta Beauty IncULTA	SPYG +0.04 points	0.08%	0.04%
Casey’s General Stores IncCASY	SPYG +0.04 points	0.07%	0.03%
Coherent CorpCOHR	SPYG +0.03 points	0.12%	0.09%
Verisign IncVRSN	SPYG +0.04 points	0.07%	0.03%
Comfort Systems Usa IncFIX	SPYG +0.03 points	0.12%	0.09%
Ebay IncEBAY	SPYG +0.04 points	0.10%	0.06%
Morgan StanleyMS	SPYG +0.03 points	0.37%	0.34%
Intl Business Machines CorpIBM	SPYG +0.04 points	0.35%	0.31%
Fortinet IncFTNT	SPYG +0.03 points	0.20%	0.17%
Emcor Group IncEME	SPYG +0.03 points	0.08%	0.05%
Intuit IncINTU	SPYG +0.04 points	0.15%	0.11%
Cme Group IncCME	SPYG +0.03 points	0.17%	0.14%
McDonald’s CorpMCD	VOO +0.03 points	0.22%	0.25%
Constellation EnergyCEG	SPYG +0.03 points	0.16%	0.13%
Johnson Controls InternationJCI	SPYG +0.02 points	0.16%	0.14%
Boston Scientific CorpBSX	SPYG +0.02 points	0.12%	0.10%
Tapestry IncTPR	SPYG +0.03 points	0.06%	0.03%
Bank of New York Mellon CorpBNY	SPYG +0.03 points	0.18%	0.15%
Te Connectivity PLCTEL	SPYG +0.03 points	0.12%	0.09%
Cummins IncCMI	SPYG +0.02 points	0.13%	0.11%
Progressive CorpPGR	SPYG +0.03 points	0.21%	0.18%
Autozone IncAZO	SPYG +0.02 points	0.09%	0.07%
Incyte CorpINCY	SPYG +0.02 points	0.05%	0.03%
Tjx Companies IncTJX	SPYG +0.02 points	0.24%	0.22%
First Solar IncFSLR	SPYG +0.02 points	0.05%	0.03%
Stryker CorpSYK	VOO +0.02 points	0.13%	0.15%
Ralph Lauren CorpRL	SPYG +0.02 points	0.04%	0.02%
Simon Property Group IncSPG	VOO +0.02 points	0.08%	0.10%
Autodesk IncADSK	SPYG +0.02 points	0.09%	0.07%
Cadence Design Sys IncCDNS	SPYG +0.02 points	0.16%	0.14%

All 152 SPYG holdings⁠All 505 VOO holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

SPYG vs VOO Cost

Overpaying SPYG vs VOO

$211

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

SPYG 0.04%
$849
VOO 0.03%
$638

Amount$10,000

Years30 years

Cost over time

SPYG 0.04%
VOO 0.03%
Overpaying

Year by year

Year	SPYG	VOO	Overpaying
10	$73	$55	$18
20	$288	$216	$72
30	$849	$638	$211

Expense ratio

0.04%SPYG
0.03%VOO, cheaper

Different Categories, so each fee sits in its own Category’s range.

SPYG among 35 US Growth Index funds

SPYG0.04%

0.03%0.70%

Middle half of US Growth Index funds
Median 0.18%

SPYG 2nd cheapest of 35 funds

VOO among 14 S&P 500 funds

VOO0.03%

0.02%0.45%

Middle half of S&P 500 funds
Median 0.09%

VOO 2nd cheapest of 14 funds

SPYG vs VOO Dividends

Last 12 months to Oct 28, 2026

Yield (12M): SPYG 0.48%; VOO 1.05%, better
Payout (12M): SPYG $0.59; VOO $7.43
Last payment: SPYG $0.15; VOO $1.82
Ex-dividend: SPYG Sep 21, 2026; VOO Sep 28, 2026
Paid on: SPYG Sep 23, 2026; VOO Sep 30, 2026
Frequency: SPYG Quarterly; VOO Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

SPYGQuarterly · 39 paymentsAll SPYG payments⁠

VOOQuarterly · 39 paymentsAll VOO payments⁠

SPYG vs VOO Risk

Fall from peak · 5 years

SPYG
VOO

Risk facts

VolatilityStd dev, 3 years: SPYG 16.1%VOO 12.4%, better
Return per unit of riskSharpe ratio, 3 years: SPYG 1.37VOO 1.37
Worst fallMax drawdown, 5 years: SPYG −32.7%VOO −24.5%, better
Market sensitivityBeta, 5 years: SPYG 1.18VOO 1.01; Market = 1

SPYG and VOO in the news

All news⁠

Head-to-Head
Take VTI over VOO unless you already own the rest of the market
Oct 23, 2026VOO
Head-to-Head
VOO has kept about a tenth of a percentage point a year more of the S&P 500 than SPY
Oct 23, 2026VOO
Head-to-Head
VOO vs. VOOG: the S&P 500 fund is the better default
Oct 23, 2026VOO
Head-to-Head
VOO is the better core fund. QQQ only wins as a Nasdaq-100 bet
Oct 23, 2026VOO
Head-to-Head
VOO and IVV own the same S&P 500 stocks at the same fee
Oct 23, 2026VOO
New ETFs
GMO's ETF share class costs more than the fund's $35 million Class III shares
Oct 22, 2026VOO

Popular comparisons

SPYGAvsIMCGA
State Street SPDR Portfolio S&P 500 Growth ETF · iShares Morningstar Mid-Cap Growth ETF
Expense ratio
0.04% · 0.06%
Category
VOOAvsSPYMA
Vanguard S&P 500 ETF · State Street SPDR Portfolio S&P 500 ETF
Expense ratio
0.03% · 0.02%
Category
SPYGAvsSCHGA
State Street SPDR Portfolio S&P 500 Growth ETF · Schwab U.S. Large-Cap Growth ETF
Expense ratio
0.04% · 0.04%
Category
VOOAvsIVVA
Vanguard S&P 500 ETF · iShares Core S&P 500 ETF
Expense ratio
0.03% · 0.03%
Category
SPYGAvsSPYMA
State Street SPDR Portfolio S&P 500 Growth ETF · State Street SPDR Portfolio S&P 500 ETF
Expense ratio
0.04% · 0.02%
Category
VOOAvsIMCGA
Vanguard S&P 500 ETF · iShares Morningstar Mid-Cap Growth ETF
Expense ratio
0.03% · 0.06%
Category