SPYG vs VOOG: Grades, Fees and Holdings Compared

State Street SPDR Portfolio S&P 500 Growth ETF

SPYGANYSE Arca

Vanguard S&P 500 Growth ETF

VOOGBNYSE Arca

Overlap

95.9%by weight

Expense ratio

SPYG −0.03pt a year

SPYG0.04%VOOG0.07%

Avg volume · 30D

SPYG 1.8×the volume

SPYG2.26MVOOG1.24M

10Y return · a year

SPYG +0.1pt

SPYG+18.0%VOOG+17.9%

SPYG vs VOOG Performance

Oct 28, 2021 – Oct 28, 2026

+81.8%SPYG+81.2%VOOG

Expense ratio: SPYG 0.04%, better; VOOG 0.07%
Fund size: SPYG $55.3B; VOOG $27.9B
1Y total return: SPYG +12.2%, better; VOOG +12.1%
Yield (12M): SPYG 0.48%, better; VOOG 0.46%
Holdings: SPYG 153; VOOG 158
Avg volume (30D): SPYG 2.26M sh, better; VOOG 1.24M sh
NAV per share: SPYG $119.41; VOOG $83.70
52W range

ETF.net Grade

Pillar letters and Scores for SPYG, VOOG, with each pillar’s weight
Pillar	SPYG	VOOG
Cost30% weight	A96Higher	B65
Mission25% weight	A98	A98
Risk15% weight	B55	B55
Tradability15% weight	A95Higher	C45
Holdings10% weight	D37Higher	D36
Durability5% weight	A79	A81Higher

Rank among US Growth Index funds

How we build Categories ›

Same Category. SPYG and VOOG are both graded against the same 35 US Growth Index funds, so their Grades compare head to head.

US Growth Index⁠

Category · 35 funds

See all 35 ›

SPYG ranks 1st and VOOG 13th 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
Rank 13BIVWiShares S&P 500 Growth ETFScore 66
Rank 13BVOOGVanguard S&P 500 Growth ETFScore 66
Rank 13BVTWGVanguard Russell 2000 Growth ETFScore 66

Our read on each fund

ETF.net Research

SPYGAState Street SPDR Portfolio S&P 500 Growth ETF

VOOGBVanguard S&P 500 Growth 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.

VOOG VOOG owns the growth half of the S&P 500: the same large caps you already know, re-sorted by sales growth, earnings-change-to-price and momentum. A style tilt built inside a familiar index, priced near the bottom of the growth shelf.

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.

VOOG The fund aims to track the investment returns of large-cap growth stocks in the United States by following the S&P 500 Growth Index.

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.

VOOG Costs 0.07% a year versus a 0.18% median for US growth funds. On a plain index slice, that gap is most of the argument.
Every holding is already an S&P 500 member, ranked on three growth factors: sales growth, earnings change to price, and momentum. A slice of a known index, not a new universe.spglobal.com vanguard.com
Straight index tracking, no active discretion, and one of the stronger implementations in its growth peer group. Vanguard has run it since 2010.vanguard.com
A multi-billion-dollar, actively traded fund that pays quarterly, so getting in and out is rarely the hard part.

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.

VOOG SPYG tracks the same S&P 500 Growth Index for a lower fee. Identical index, different sticker.
Not pure growth. S&P splits part of the parent index across both its growth and value benchmarks, so some names show up in both.spglobal.com
About 210 names, weighted by market cap, so the largest positions drive most of the movement.spglobal.com

Full SPYG profile⁠

Full VOOG profile⁠

SPYG vs VOOG Holdings

Holdings as of Oct 27, 2026

How SPYG and VOOG differ

Overlap by weight

95.9%

Shared holdings make up 99.9% of VOOG and 99.9% of SPYG.

Level by level

Holdings151 in both95.9%
Sector10 Sectors97.7%
Countryby domicile99.3%
Asset classEquity100%

Sector

Sector weights in SPYG and VOOG, widest gap first
Sector	More in SPYGMore in VOOG	SPYG	VOOG
Technology	VOOG +1.6 points	52.9%	54.5%
Financials	SPYG +0.8 points	9.2%	8.4%
Health Care	SPYG +0.8 points	6.8%	6.1%
Communication	VOOG +0.7 points	14.8%	15.5%
Consumer Discretionary	SPYG +0.5 points	8.3%	7.8%
Consumer Staples	SPYG +0.2 points	1.2%	1.0%
Industrials	SPYG +0.1 points	5.6%	5.5%
Real Estate	Same weight	0.6%	0.6%
Materials	Same weight	0.3%	0.3%
Utilities	Same weight	0.3%	0.3%

Country, concentration and asset class

Country by domicile

Country weights in SPYG and VOOG, widest gap first
Country	More in SPYGMore in VOOG	SPYG	VOOG
United States	VOOG +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%
VOOG60.2%

Securities held

SPYG152
VOOG153

Asset class

SPYG: Equity
VOOG: Equity

Holdings

Only in SPYG1
In both151
Only in VOOG2

Only in SPYG

1 security, 0.1% of SPYG by weight

Twilio Inc A0.11%

Only in VOOG

2 securities, 0.0% of VOOG by weight

SLCMT11420.00%
Abiomed Inc-Cvr0.00%

Weight gaps

The 100 widest of 151 Holdings in both funds.

Holding weights in SPYG and VOOG, widest gap first
Holding	More in SPYGMore in VOOG	SPYG	VOOG
Microsoft CorpMSFT	SPYG +0.72 points	11.06%	10.34%
Meta Platforms Inc Class AMETA	VOOG +0.45 points	3.89%	4.34%
Apple IncAAPL	SPYG +0.42 points	7.02%	6.60%
Micron Technology IncMU	VOOG +0.42 points	2.85%	3.27%
NVIDIA CorpNVDA	VOOG +0.38 points	14.62%	15.00%
Eli Lilly & CoLLY	SPYG +0.35 points	2.86%	2.51%
Berkshire Hathaway Inc Class BBRK.B	SPYG +0.34 points	2.86%	2.52%
Advanced Micro DevicesAMD	VOOG +0.28 points	2.43%	2.71%
Alphabet Inc Class AGOOGL	VOOG +0.28 points	5.20%	5.48%
Lam Research CorpLRCX	VOOG +0.29 points	0.83%	1.12%
Applied Materials IncAMAT	VOOG +0.24 points	0.86%	1.10%
Tesla IncTSLA	SPYG +0.23 points	1.91%	1.68%
Alphabet Inc Class CGOOG	VOOG +0.21 points	4.18%	4.39%
Sandisk CorpSNDK	VOOG +0.18 points	0.51%	0.69%
Broadcom IncAVGO	VOOG +0.16 points	4.38%	4.54%
Kla CorpKLAC	VOOG +0.14 points	0.55%	0.69%
Visa Inc Class A SharesV	SPYG +0.15 points	1.06%	0.91%
Caterpillar IncCAT	VOOG +0.12 points	0.89%	1.01%
Mastercard Inc AMA	SPYG +0.12 points	0.93%	0.81%
Palantir Technologies Inc APLTR	SPYG +0.11 points	1.28%	1.17%
Amazon.com IncAMZN	SPYG +0.10 points	3.62%	3.52%
Seagate Technology HoldingsSTX	VOOG +0.10 points	0.26%	0.36%
AbbVie IncABBV	SPYG +0.07 points	0.65%	0.58%
JPMorgan Chase & CoJPM	SPYG +0.07 points	1.69%	1.62%
Rtx CorpRTX	SPYG +0.06 points	0.74%	0.68%
Arista Networks IncANET	VOOG +0.06 points	0.52%	0.58%
Intuitive Surgical IncISRG	SPYG +0.06 points	0.45%	0.39%
Intl Business Machines CorpIBM	SPYG +0.06 points	0.35%	0.29%
Bloom Energy Corp ABE	VOOG +0.05 points	0.17%	0.22%
Ge Vernova IncGEV	VOOG +0.05 points	0.64%	0.69%
Servicenow IncNOW	SPYG +0.05 points	0.28%	0.23%
Amphenol Corp Class AAPH	VOOG +0.04 points	0.52%	0.56%
Netflix IncNFLX	VOOG +0.05 points	0.74%	0.79%
Coca Cola Co/TheKO	SPYG +0.04 points	0.42%	0.38%
Philip Morris InternationalPM	SPYG +0.04 points	0.49%	0.45%
Goldman Sachs Group IncGS	SPYG +0.04 points	0.47%	0.43%
Vertiv Holdings Co AVRT	VOOG +0.03 points	0.22%	0.25%
Johnson & JohnsonJNJ	SPYG +0.04 points	1.06%	1.02%
Amgen IncAMGN	SPYG +0.04 points	0.46%	0.42%
Robinhood Markets Inc AHOOD	VOOG +0.03 points	0.21%	0.24%
Comfort Systems Usa IncFIX	VOOG +0.04 points	0.12%	0.16%
Welltower IncWELL	SPYG +0.03 points	0.48%	0.45%
Cisco Systems IncCSCO	SPYG +0.03 points	0.64%	0.61%
Corning IncGLW	VOOG +0.03 points	0.20%	0.23%
Coherent CorpCOHR	VOOG +0.03 points	0.12%	0.15%
Intuit IncINTU	SPYG +0.04 points	0.15%	0.11%
Flex LtdFLEX	VOOG +0.03 points	0.08%	0.11%
Lumentum Holdings IncLITE	VOOG +0.03 points	0.20%	0.23%
Cme Group IncCME	SPYG +0.03 points	0.17%	0.14%
Marriott International Class AMAR	SPYG +0.03 points	0.24%	0.21%
Howmet Aerospace IncHWM	VOOG +0.02 points	0.22%	0.24%
Hilton Worldwide Holdings InHLT	SPYG +0.03 points	0.22%	0.19%
Gilead Sciences IncGILD	SPYG +0.03 points	0.30%	0.27%
Marvell Technology IncMRVL	VOOG +0.03 points	0.27%	0.30%
Tjx Companies IncTJX	SPYG +0.02 points	0.24%	0.22%
Progressive CorpPGR	SPYG +0.03 points	0.21%	0.18%
S+p Global IncSPGI	SPYG +0.03 points	0.17%	0.14%
Quanta Services IncPWR	VOOG +0.02 points	0.24%	0.26%
Monster Beverage CorpMNST	SPYG +0.03 points	0.19%	0.16%
McDonald’s CorpMCD	SPYG +0.02 points	0.22%	0.20%
General ElectricGE	VOOG +0.02 points	0.44%	0.46%
Hca Healthcare IncHCA	SPYG +0.02 points	0.19%	0.17%
Teradyne IncTER	VOOG +0.02 points	0.08%	0.10%
American Express CoAXP	SPYG +0.02 points	0.32%	0.30%
Monolithic Power Systems IncMPWR	VOOG +0.02 points	0.16%	0.18%
O Reilly Automotive IncORLY	SPYG +0.02 points	0.21%	0.19%
Oracle CorpORCL	VOOG +0.02 points	0.32%	0.34%
Applovin Corp Class AAPP	VOOG +0.01 points	0.20%	0.21%
Autodesk IncADSK	SPYG +0.02 points	0.09%	0.07%
Stryker CorpSYK	SPYG +0.02 points	0.13%	0.11%
Royal Caribbean Cruises LtdRCL	SPYG +0.02 points	0.20%	0.18%
United Rentals IncURI	SPYG +0.02 points	0.11%	0.09%
Idexx Laboratories IncIDXX	SPYG +0.02 points	0.13%	0.11%
Crowdstrike Holdings Inc ACRWD	SPYG +0.02 points	0.75%	0.73%
Datadog Inc Class ADDOG	SPYG +0.01 points	0.26%	0.25%
Autozone IncAZO	SPYG +0.01 points	0.09%	0.08%
General Dynamics CorpGD	SPYG +0.01 points	0.13%	0.12%
Ebay IncEBAY	SPYG +0.01 points	0.10%	0.09%
Transdigm Group IncTDG	SPYG +0.01 points	0.17%	0.16%
Casey’s General Stores IncCASY	SPYG +0.01 points	0.07%	0.06%
Ulta Beauty IncULTA	SPYG +0.02 points	0.08%	0.06%
Carnival Corp LtdCCL	SPYG +0.02 points	0.10%	0.08%
Fortinet IncFTNT	SPYG +0.01 points	0.20%	0.19%
Veeva Systems Inc Class AVEEV	SPYG +0.01 points	0.08%	0.07%
Booking Holdings IncBKNG	VOOG +0.01 points	0.32%	0.33%
Doordash Inc ADASH	VOOG +0.01 points	0.18%	0.19%
Cboe Global Markets IncCBOE	SPYG +0.01 points	0.05%	0.04%
Msci IncMSCI	SPYG +0.01 points	0.07%	0.06%
Expedia Group IncEXPE	SPYG +0.01 points	0.09%	0.08%
Moody’s CorpMCO	SPYG +0.01 points	0.10%	0.09%
Boston Scientific CorpBSX	Same weight	0.12%	0.12%
Resmed IncRMD	SPYG +0.01 points	0.06%	0.05%
Emcor Group IncEME	VOOG +0.01 points	0.08%	0.09%
Airbnb Inc Class AABNB	Same weight	0.09%	0.09%
Bank of New York Mellon CorpBNY	SPYG +0.01 points	0.18%	0.17%
Verisign IncVRSN	SPYG +0.01 points	0.07%	0.06%
Boeing Co/TheBA	Same weight	0.18%	0.18%
Simon Property Group IncSPG	SPYG +0.01 points	0.08%	0.07%
Vistra CorpVST	SPYG +0.01 points	0.13%	0.12%
Verisk Analytics IncVRSK	SPYG +0.01 points	0.04%	0.03%

All 152 SPYG holdings⁠All 212 VOOG 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 VOOG Cost

Overpaying VOOG vs SPYG

$631

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

SPYG 0.04%
$849
VOOG 0.07%
$1,480

Amount$10,000

Years30 years

Cost over time

SPYG 0.04%
VOOG 0.07%
Overpaying

Year by year

Year	SPYG	VOOG	Overpaying
10	$73	$128	$55
20	$288	$503	$215
30	$849	$1,480	$631

Expense ratio

0.04%SPYG, cheaper
0.07%VOOG

SPYG0.04%VOOG0.07%

0.03%0.70%

Middle half of US Growth Index funds
Median 0.18%

SPYG 2nd cheapest of 35 funds

VOOG 13th cheapest of 35 funds

SPYG vs VOOG Dividends

Last 12 months to Oct 28, 2026

Yield (12M): SPYG 0.48%, better; VOOG 0.46%
Payout (12M): SPYG $0.59; VOOG $0.39
Last payment: SPYG $0.15; VOOG $0.11
Ex-dividend: SPYG Sep 21, 2026; VOOG Sep 23, 2026
Paid on: SPYG Sep 23, 2026; VOOG Sep 25, 2026
Frequency: SPYG Quarterly; VOOG Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

SPYGQuarterly · 39 paymentsAll SPYG payments⁠

VOOGQuarterly · 39 paymentsAll VOOG payments⁠

SPYG vs VOOG Risk

Fall from peak · 5 years

SPYG
VOOG

Risk facts

VolatilityStd dev, 3 years: SPYG 16.1%, betterVOOG 16.2%
Return per unit of riskSharpe ratio, 3 years: SPYG 1.37, betterVOOG 1.36
Worst fallMax drawdown, 5 years: SPYG −32.7%VOOG −32.7%
Market sensitivityBeta, 5 years: SPYG 1.18VOOG 1.17; Market = 1

SPYG and VOOG in the news

All news⁠

Best ETFs
The cheap large-cap growth pick is the S&P 500 list
Updated Oct 2, 2026SPYGVOOG
Head-to-Head
VOO vs. VOOG: the S&P 500 fund is the better default
Oct 23, 2026VOOG
Price vs Value
Vanguard showed a 1.94% discount on an energy fund that closed two cents above its value
Oct 4, 2026VOOG

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SPYG vs VOOG

In short

Stated mandate

Why people hold it