SPYM vs VOO: Grades, Fees and Holdings Compared

State Street SPDR Portfolio S&P 500 ETF

SPYMANYSE Arca

Vanguard S&P 500 ETF

VOOANYSE Arca

Overlap

93.3%by weight

Both track S&P 500 Index

Expense ratio

SPYM −0.01pt a year

SPYM0.02%VOO0.03%

Avg volume · 30D

SPYM 1.7×the volume

SPYM12.1MVOO6.96M

10Y return · a year

SPYM+15.2%VOO+15.2%

SPYM vs VOO Performance

Nov 12, 2021 – Nov 12, 2026

+73.8%SPYM+73.8%VOO

Expense ratio: SPYM 0.02%, better; VOO 0.03%
Fund size: SPYM $186B; VOO $1T
1Y total return: SPYM +12.1%; VOO +12.1%
Yield (12M): SPYM 1.02%; VOO 1.07%, better
Holdings: SPYM 507; VOO 518
Avg volume (30D): SPYM 12.1M sh, better; VOO 6.96M sh
NAV per share: SPYM $89.41; VOO $698.30
52W range

ETF.net Grade

Pillar letters and Scores for SPYM, VOO, with each pillar’s weight
Pillar	SPYM	VOO
Cost30% weight	A99Higher	A84
Mission25% weight	A100	A100
Risk15% weight	C50	C50
Tradability15% weight	A71Higher	C53
Holdings10% weight	B57Higher	D37
Durability5% weight	A79	A88Higher

Rank among S&P 500 funds

How we build Categories ›

Same Category. SPYM and VOO are both graded against the same 14 S&P 500 funds, so their Grades compare head to head.

S&P 500⁠

Category · 14 funds

See all 14 ›

SPYM ranks 1st and VOO 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 73
Rank 4AUSPXFranklin U.S. Equity Index ETFScore 71

Our read on each fund

ETF.net Research

SPYMAState Street SPDR Portfolio S&P 500 ETF

VOOAVanguard S&P 500 ETF

In short

SPYM State Street's budget-priced S&P 500 tracker: the same 500 large caps as its famous sibling, for 0.02% a year, the lowest fee in its S&P 500 peer group. Running since 2005 and now one of the category's giants.

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

SPYM The fund seeks to track the total return of the S&P 500 Index before fees and expenses, providing broad exposure to U.S. large-cap equities.

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

SPYM 0.02% a year, the cheapest fee in its S&P 500 cohort, against a 0.15% median for the group. Two dollars a year per $10,000 invested.
Same S&P 500 index as State Street's flagship SPY (0.09%), for a fraction of the fee, and a basis point under VOO and IVV.
Tracks the index tightly: gaps between fund and benchmark are among the smallest in its peer group, which is the whole job of an index wrapper.
Live since 2005, now one of the largest and most heavily traded funds in the category. Distributions land 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

SPYM The S&P 500 is cap-weighted, so the biggest US companies drive most of the move. Equal-weight takes on the same index (RSP) spread that bet differently.
About 500 US large caps and nothing else: no mid caps, no small caps, no international.
The fee edge over VOO and IVV is one basis point. Same index, so trading costs and platform access matter as much as the sticker fee.

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 SPYM profile⁠

Full VOO profile⁠

SPYM vs VOO Holdings

How SPYM and VOO differ

Overlap by weight

93.3%

Shared holdings make up 99.8% of SPYM and 99.8% of VOO.

Level by level

Holdings500 in both93.3%
Sector11 Sectors93.9%
Asset classStocks100%
Countryby domicile99.5%

Sector

Sector weights in SPYM and VOO, widest gap first
Sector	Gap	SPYM	VOO
Technology	VOO +5.0 points	35.5%	40.5%
Financials	SPYM +1.7 points	12.8%	11.1%
Health Care	SPYM +1.3 points	10.6%	9.3%
Communication	VOO +1.2 points	8.8%	9.9%
Consumer Staples	SPYM +1.0 points	5.3%	4.3%
Consumer Discretionary	SPYM +0.7 points	9.5%	8.8%
Industrials	SPYM +0.5 points	8.1%	7.5%
Utilities	SPYM +0.2 points	2.1%	1.9%
Materials	SPYM +0.2 points	1.8%	1.6%
Real Estate	SPYM +0.2 points	1.9%	1.7%
Energy	SPYM +0.2 points	3.5%	3.4%

Country, concentration and asset class

Country by domicile

Country weights in SPYM and VOO, widest gap first
Country	Gap	SPYM	VOO
United States	VOO +0.5 points	99.5%	100.0%
Switzerland	SPYM +0.3 points	0.3%	0.0%
China	SPYM +0.1 points	0.1%	0.0%
Mexico	Same weight	0.0%	0.0%
Ireland	Same weight	0.0%	0.0%
United Kingdom	Same weight	0.0%	0.0%

Concentration

Weight in the 10 largest Holdings

SPYM36.9%
VOO39.1%

Securities held

SPYM505
VOO516

Asset class

SPYM: Stocks
VOO: Stocks

Holdings

Only in SPYM5
In both500
Only in VOO16

Only in SPYM

5 securities, 0.2% of SPYM by weight

Vylor Inc0.07%
Twilio Inc A0.05%
Okta Inc0.05%
Contra Hologic Incorpo0.00%
Contra Walgreens Boots0.00%

Only in VOO

16 securities, 0.3% of VOO by weight

Warner Bros Discovery Inc0.12%
Corteva Inc0.08%
Kenvue Inc0.05%
TRS:GOLDMAN SACHS GROUP INC USD 2027-Aug-310.03%
TRS:VISA INC-CLASS A SHARES USD 2027-Aug-310.02%
TRS:PAYPAL HOLDINGS INC USD 2027-Aug-31<0.01%
TRS:CITIGROUP INC USD 2027-Aug-31<0.01%
TRS:KROGER CO USD 2027-Jan-29<0.01%
TRS:ELEVANCE HEALTH INC USD 2027-Aug-31<0.01%
TRS:RAYMOND JAMES FINANCIAL INC USD 2027-Aug-31<0.01%
TRS:ELEVANCE HEALTH INC USD 2027-Jan-29<0.01%
TRS:NETAPP INC USD 2027-Aug-31<0.01%
TRS:RAYMOND JAMES FINANCIAL INC USD 2027-Jan-29<0.01%
SLBBH1142<0.01%
Hologic Inc - Cvr (April 2026)0.00%
Abiomed Inc-Cvr0.00%

Weight gaps

The 100 widest of 500 Holdings in both funds.

Holding weights in SPYM and VOO, widest gap first
Holding	Gap	SPYM	VOO
NVIDIA CorpNVDA	VOO +1.99 points	6.40%	8.39%
Apple IncAAPL	SPYM +0.51 points	7.89%	7.38%
Alphabet Inc Class AGOOGL	VOO +0.45 points	2.62%	3.07%
Intel CorpINTC	VOO +0.44 points	0.47%	0.91%
Micron Technology IncMU	VOO +0.44 points	1.39%	1.83%
Alphabet Inc Class CGOOG	VOO +0.35 points	2.10%	2.45%
Eli Lilly & CoLLY	SPYM +0.34 points	1.75%	1.41%
Meta Platforms Inc Class AMETA	VOO +0.32 points	2.11%	2.43%
Amazon.com IncAMZN	SPYM +0.27 points	3.98%	3.71%
Berkshire Hathaway Inc Class BBRK.B	SPYM +0.26 points	1.67%	1.41%
Visa Inc Class A SharesV	SPYM +0.19 points	1.10%	0.91%
Lam Research CorpLRCX	VOO +0.17 points	0.45%	0.62%
Sandisk CorpSNDK	VOO +0.17 points	0.22%	0.39%
Tesla IncTSLA	SPYM +0.16 points	1.68%	1.52%
Walmart IncWMT	SPYM +0.15 points	0.85%	0.70%
Caterpillar IncCAT	VOO +0.15 points	0.42%	0.57%
Advanced Micro DevicesAMD	VOO +0.15 points	1.37%	1.52%
Applied Materials IncAMAT	VOO +0.14 points	0.48%	0.62%
Mastercard Inc AMA	SPYM +0.13 points	0.81%	0.68%
Seagate Technology HoldingsSTX	VOO +0.13 points	0.19%	0.32%
Marvell Technology IncMRVL	VOO +0.12 points	0.23%	0.35%
Costco Wholesale CorpCOST	SPYM +0.12 points	0.73%	0.61%
Microsoft CorpMSFT	SPYM +0.11 points	5.89%	5.78%
Home Depot IncHD	SPYM +0.10 points	0.53%	0.43%
AbbVie IncABBV	SPYM +0.09 points	0.79%	0.70%
Procter & Gamble Co/ThePG	SPYM +0.08 points	0.59%	0.51%
Western Digital CorpWDC	VOO +0.08 points	0.17%	0.25%
Palo Alto Networks IncPANW	VOO +0.08 points	0.41%	0.49%
Dell Technologies CDELL	VOO +0.08 points	0.17%	0.25%
Coca Cola Co/TheKO	SPYM +0.07 points	0.58%	0.51%
Kla CorpKLAC	VOO +0.07 points	0.32%	0.39%
Accenture PLC Class AACN	SPYM +0.07 points	0.24%	0.17%
Johnson & JohnsonJNJ	SPYM +0.06 points	1.03%	0.97%
Ge Vernova IncGEV	VOO +0.05 points	0.33%	0.38%
JPMorgan Chase & CoJPM	SPYM +0.06 points	1.39%	1.33%
Crowdstrike Holdings Inc ACRWD	VOO +0.05 points	0.35%	0.41%
Kimberly Clark CorpKMB	SPYM +0.05 points	0.10%	0.05%
UnitedHealth Group IncUNH	SPYM +0.05 points	0.55%	0.50%
General ElectricGE	SPYM +0.05 points	0.54%	0.49%
Palantir Technologies Inc APLTR	VOO +0.05 points	0.60%	0.65%
Servicenow IncNOW	VOO +0.05 points	0.16%	0.21%
McDonald’s CorpMCD	SPYM +0.05 points	0.30%	0.25%
Applovin Corp Class AAPP	SPYM +0.05 points	0.17%	0.12%
Fortinet IncFTNT	VOO +0.05 points	0.12%	0.17%
Datadog Inc Class ADDOG	VOO +0.05 points	0.09%	0.14%
Lumentum Holdings IncLITE	VOO +0.04 points	0.09%	0.13%
Texas Instruments IncTXN	SPYM +0.04 points	0.43%	0.39%
Goldman Sachs Group IncGS	SPYM +0.04 points	0.41%	0.37%
Intl Business Machines CorpIBM	SPYM +0.05 points	0.36%	0.31%
Lowe’s Cos IncLOW	SPYM +0.04 points	0.20%	0.16%
Mckesson CorpMCK	SPYM +0.04 points	0.19%	0.15%
Eaton Corp PLCETN	VOO +0.04 points	0.21%	0.25%
Gilead Sciences IncGILD	SPYM +0.04 points	0.32%	0.28%
Corning IncGLW	VOO +0.04 points	0.15%	0.18%
Walt Disney Co/TheDIS	SPYM +0.04 points	0.31%	0.27%
Cisco Systems IncCSCO	VOO +0.04 points	0.60%	0.64%
Amgen IncAMGN	SPYM +0.04 points	0.39%	0.35%
BlackRock IncBLK	SPYM +0.04 points	0.27%	0.23%
S+p Global IncSPGI	SPYM +0.04 points	0.22%	0.18%
Linde PLCLIN	SPYM +0.04 points	0.37%	0.33%
Broadcom IncAVGO	VOO +0.04 points	2.50%	2.54%
Pepsico IncPEP	SPYM +0.04 points	0.30%	0.26%
Bank of America CorpBAC	VOO +0.04 points	0.50%	0.54%
Robinhood Markets Inc AHOOD	VOO +0.04 points	0.10%	0.14%
Rtx CorpRTX	SPYM +0.03 points	0.41%	0.38%
Nextera Energy IncNEE	SPYM +0.03 points	0.27%	0.24%
Moderna IncMRNA	SPYM +0.03 points	0.14%	0.11%
Teradyne IncTER	VOO +0.04 points	0.06%	0.10%
Lockheed Martin CorpLMT	SPYM +0.03 points	0.19%	0.16%
Regeneron PharmaceuticalsREGN	SPYM +0.03 points	0.14%	0.11%
Netflix IncNFLX	VOO +0.03 points	0.41%	0.44%
Bloom Energy Corp ABE	VOO +0.03 points	0.09%	0.12%
Cme Group IncCME	SPYM +0.03 points	0.17%	0.14%
Automatic Data ProcessingADP	SPYM +0.03 points	0.19%	0.16%
Chevron CorpCVX	SPYM +0.03 points	0.64%	0.61%
Intuit IncINTU	SPYM +0.03 points	0.14%	0.11%
Abbott LaboratoriesABT	SPYM +0.03 points	0.29%	0.26%
Starbucks CorpSBUX	SPYM +0.03 points	0.19%	0.16%
Union Pacific CorpUNP	SPYM +0.02 points	0.27%	0.25%
Exxonmobil Holdings CorpXOM	SPYM +0.02 points	1.04%	1.02%
Wells Fargo & CoWFC	SPYM +0.03 points	0.40%	0.37%
Hewlett Packard EnterpriseHPE	VOO +0.03 points	0.10%	0.13%
Marsh & Mclennan CosMRSH	SPYM +0.03 points	0.15%	0.12%
Royal Caribbean Cruises LtdRCL	SPYM +0.03 points	0.13%	0.10%
Comfort Systems Usa IncFIX	VOO +0.03 points	0.06%	0.09%
Altria Group IncMO	SPYM +0.03 points	0.20%	0.17%
Thermo Fisher Scientific IncTMO	SPYM +0.02 points	0.40%	0.38%
Intercontinental Exchange InICE	SPYM +0.02 points	0.15%	0.13%
Chubb LtdCB	SPYM +0.03 points	0.20%	0.17%
Marriott International Class AMAR	SPYM +0.02 points	0.14%	0.12%
ConocophillipsCOP	SPYM +0.02 points	0.25%	0.23%
Progressive CorpPGR	SPYM +0.03 points	0.21%	0.18%
Intuitive Surgical IncISRG	SPYM +0.02 points	0.24%	0.22%
Stryker CorpSYK	SPYM +0.02 points	0.17%	0.15%
Oracle CorpORCL	SPYM +0.02 points	0.38%	0.36%
Motorola Solutions IncMSI	SPYM +0.02 points	0.13%	0.11%
United Parcel Service Class BUPS	SPYM +0.02 points	0.13%	0.11%
Idexx Laboratories IncIDXX	SPYM +0.02 points	0.08%	0.06%
At+t IncT	VOO +0.02 points	0.23%	0.25%
Medtronic PLCMDT	SPYM +0.02 points	0.19%	0.17%

All 505 SPYM 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.

SPYM vs VOO Cost

Overpaying VOO vs SPYM

$212

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

SPYM 0.02%
$426
VOO 0.03%
$638

Amount$10,000

Years30 years

Cost over time

SPYM 0.02%
VOO 0.03%
Overpaying

Year by year

Year	SPYM	VOO	Overpaying
10	$37	$55	$18
20	$144	$216	$72
30	$426	$638	$212

Expense ratio

0.02%SPYM, cheaper
0.03%VOO

SPYM0.02%VOO0.03%

0.02%0.45%

Middle half of S&P 500 funds
Median 0.09%

SPYM cheapest of 14 funds

VOO 2nd cheapest of 14 funds

SPYM vs VOO Dividends

Last 12 months to Nov 12, 2026

Yield (12M): SPYM 1.02%; VOO 1.07%, better
Payout (12M): SPYM $0.91; VOO $7.43
Last payment: SPYM $0.24; VOO $1.82
Ex-dividend: SPYM Sep 11, 2026; VOO Sep 28, 2026
Paid on: SPYM Sep 15, 2026; VOO Sep 30, 2026
Frequency: SPYM Quarterly; VOO Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

SPYMQuarterly · 39 paymentsAll SPYM payments⁠

VOOQuarterly · 39 paymentsAll VOO payments⁠

SPYM vs VOO Risk

Fall from peak · 5 years

SPYM
VOO

Risk facts

VolatilityStd dev, 3 years: SPYM 12.3%VOO 12.3%
Return per unit of riskSharpe ratio, 3 years: SPYM 1.42VOO 1.42
Worst fallMax drawdown, 5 years: SPYM −24.5%VOO −24.5%
Market sensitivityBeta, 5 years: SPYM 1.01VOO 1.01; Market = 1

SPYM and VOO in the news

All news⁠

Head-to-Head
IVV vs. SPY: IVV is cheaper to hold; SPY wins for options and quick trades
Nov 9, 2026SPYMVOO
Best ETFs
The best S&P 500 ETF costs 0.02%. Equal weight is a different bet
Updated Nov 2, 2026SPYMVOO
Deep Dive
SPY vs. SPYM, VOO, and IVV: Why SPY trails cheaper S&P 500 ETFs
Oct 29, 2026SPYMVOO
Deep Dive
SPY trailed the S&P 500 by 0.14 percentage points over the past year, more than triple the gap at cheaper rivals
Oct 13, 2026SPYMVOO
Deep Dive
VOO shares its portfolio with other Vanguard 500 index fund share classes
Oct 10, 2026SPYMVOO
Best ETFs
The cheap S&P 500 funds tied this year. Equal weight did not.
Updated Oct 2, 2026SPYMVOO

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SPYM vs VOO

In short

Stated mandate

Why people hold it