Skip to content
etf.net

SPYV vs VXF

State Street SPDR Portfolio S&P 500 Value ETF

SPYVANYSE Arca

Vanguard Extended Market ETF

VXFANYSE Arca

Overlap

Expense ratio

SPYV −0.01pt a year

SPYV0.04%VXF0.05%

Avg volume · 30D

SPYV 5.6×the volume

SPYV2.1MVXF377K

10Y return · a year

SPYV +0.7pt

SPYV+12.3%VXF+11.6%

SPYV vs VXF Performance

Oct 29, 2021 – Oct 30, 2026

+74.1%SPYV+27.3%VXF

Oct 29, 2021 to Oct 30, 2026. SPYV +74.1%. VXF +27.3%. Use the arrow keys to read each point.−20%0%40%60%Oct 2021Apr 2024Oct 2026
Expense ratio
SPYV 0.04%, better
VXF 0.05%
Fund size
SPYV $39.2B
VXF $91.2B
1Y total return
SPYV +16.6%, better
VXF +10.0%
Yield (12M)
SPYV 1.65%, better
VXF 1.05%
Holdings
SPYV 437
VXF 3340
Avg volume (30D)
SPYV 2.1M sh, better
VXF 377K sh
NAV per share
SPYV $64.64
VXF $230.51
52W range

ETF.net Grade

SPYV: Cost 98, Risk 82, Mission 86, Tradability 97, Holdings 71, Durability 86. VXF: Cost 91, Risk 28, Mission 99, Tradability 61, Holdings 85, Durability 94.
Pillar letters and Scores for SPYV, VXF, with each pillar’s weight
PillarSPYVVXF
Cost30% weightA98HigherA91
Mission25% weightA86A99Higher
Risk15% weightA82HigherD28
Tradability15% weightA97HigherB61
Holdings10% weightA71A85Higher
Durability5% weightA86A94Higher

Rank among Other Major Indexes funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. SPYV and VXF are both graded against the same 42 Other Major Indexes funds, so their Grades compare head to head.

Other Major Indexes⁠

Category · 42 funds
See all 42 ›

SPYV ranks 1st and VXF 6th of 42 funds in the Other Major Indexes Category.

  1. Rank 1ASPYVState Street SPDR Portfolio S&P 500 Value ETFScore 89
  2. Rank 2ASCHKSchwab 1000 Index ETFScore 86
  3. Rank 4AVOTETCW Transform 500 ETFScore 79
  4. Rank 6AVXFVanguard Extended Market ETFScore 78
  5. Rank 7AIVEiShares S&P 500 Value ETFScore 77

Our read on each fund

ETF.net Research

SPYVAState Street SPDR Portfolio S&P 500 Value ETF

VXFAVanguard Extended Market ETF

In short

SPYV The value side of the S&P 500, tracked since 2000 for four basis points. It does one thing: hold the index names that screen cheap, and charge close to nothing for the privilege.

VXF Everything the S&P 500 leaves out. VXF tracks the S&P Completion Index, roughly 3,400 US mid- and small-cap names, and a company promoted into the 500 gets dropped from here. The classic completion half of a large-cap core.

Stated mandate

SPYV The fund seeks to track, before fees and expenses, the total return of the S&P 500 Value Index.

VXF The fund seeks to track the investment performance of the S&P Completion Index, an unmanaged benchmark representing U.S. mid- and small-capitalization stocks.

Why people hold it

  • SPYV 0.04% a year. VOOV tracks the identical S&P 500 Value Index and charges 0.07%, so this is the same exposure at a lower fee.
  • Trading since 2000 and now a multi-billion-dollar fund that changes hands actively, so the plumbing is well worn.
  • No stock picking, no factor secret sauce: it aims to match the S&P 500 Value Index before fees, and it is one of the cleaner implementations in its peer group.ssga.com
  • VXF Costs 0.05% a year, against a 0.45% median for its index-fund peer group. Vanguard has run it since 2001.
  • One ticker for the US market outside the S&P 500, about 3,400 stocks. Zero overlap by construction: index rules remove a company from the Completion Index as soon as the S&P 500 adds it.spglobal.com
  • Index-tracking discipline sits among the strongest in its peer group, and it is a multi-billion-dollar fund with steady daily volume. Distributions land quarterly.

Worth knowing

  • SPYV This is one style slice, roughly 400 value-screened names, not the whole S&P 500. It will move differently from the full index.
  • Value goes through long stretches in and out of favor. The fund follows the index rules either way, with no manager stepping in.
  • Distributions land quarterly, not monthly.
  • VXF Mid- and small-cap stocks swing harder than blue chips, and this index reaches well down the size scale. A bumpier ride than an S&P 500 fund.
  • It owns none of the S&P 500 by design, so on its own it is a slice of the US market rather than the whole thing.spglobal.com
  • A few funds in the same peer group run cheaper still (SCHK at 0.03%, SPYV at 0.04%), though they track different slices of the market.

Full SPYV profile⁠

Full VXF profile⁠

SPYV vs VXF 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.

SPYV vs VXF Cost

Overpaying VXF vs SPYV

$211

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

  • SPYV 0.04%

    $849

  • VXF 0.05%

    $1,060

$10,000
30 years

Cost over time

  • SPYV 0.04%
  • VXF 0.05%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$250$500$750$1K$1.25K051015202530VXF $1,060SPYV $849

Year by year

YearSPYVVXFOverpaying
10$73$92$19
20$288$360$72
30$849$1,060$211

Expense ratio

  • 0.04%SPYV, cheaper
  • 0.05%VXF
  • Middle half of Other Major Indexes funds
  • Median 0.29%

SPYV 2nd cheapest of 42 funds

VXF 4th cheapest of 42 funds

SPYV vs VXF Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
SPYV 1.65%, better
VXF 1.05%
Payout (12M)
SPYV $1.06
VXF $2.43
Last payment
SPYV $0.27
VXF $0.56
Ex-dividend
SPYV Sep 21, 2026
VXF Sep 23, 2026
Paid on
SPYV Sep 23, 2026
VXF Sep 25, 2026
Frequency
SPYV Quarterly
VXF Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

SPYVQuarterly · 39 paymentsAll SPYV payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 17, 2017 $0.15; Jun 16, 2017 $0.17; Sep 15, 2017 $0.18; Dec 15, 2017 $0.36; Mar 19, 2018 $0.17; Jun 18, 2018 $0.19; Sep 24, 2018 $0.22; Dec 24, 2018 $0.22; Mar 18, 2019 $0.18; Jun 24, 2019 $0.20; Sep 23, 2019 $0.19; Dec 23, 2019 $0.21; Mar 23, 2020 $0.22; Jun 22, 2020 $0.21; Sep 21, 2020 $0.19; Dec 21, 2020 $0.19; Mar 22, 2021 $0.24; Jun 21, 2021 $0.20; Sep 20, 2021 $0.18; Dec 20, 2021 $0.26; Mar 21, 2022 $0.18; Jun 21, 2022 $0.22; Sep 19, 2022 $0.22; Dec 19, 2022 $0.24; Mar 20, 2023 $0.18; Jun 20, 2023 $0.20; Sep 18, 2023 $0.20; Dec 18, 2023 $0.23; Mar 18, 2024 $0.26; Jun 24, 2024 $0.29; Sep 23, 2024 $0.28; Dec 23, 2024 $0.35; Mar 24, 2025 $0.18; Jun 23, 2025 $0.25; Sep 22, 2025 $0.26; Dec 22, 2025 $0.31; Mar 23, 2026 $0.21; Jun 22, 2026 $0.27; Sep 21, 2026 $0.27. Use the arrow keys to read each point.$0$0.502017202020232026YTD
VXFQuarterly · 39 paymentsAll VXF payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 24, 2017 $0.29; Jun 21, 2017 $0.28; Sep 20, 2017 $0.29; Dec 21, 2017 $0.54; Mar 26, 2018 $0.32; Jun 28, 2018 $0.37; Sep 26, 2018 $0.47; Dec 19, 2018 $0.49; Mar 28, 2019 $0.31; Jun 17, 2019 $0.29; Sep 16, 2019 $0.37; Dec 24, 2019 $0.66; Mar 26, 2020 $0.17; Jun 29, 2020 $0.40; Sep 29, 2020 $0.40; Dec 24, 2020 $0.81; Mar 25, 2021 $0.61; Jun 24, 2021 $0.43; Sep 24, 2021 $0.27; Dec 27, 2021 $0.76; Mar 23, 2022 $0.15; Jun 23, 2022 $0.25; Sep 23, 2022 $0.45; Dec 22, 2022 $0.68; Mar 24, 2023 $0.43; Jun 29, 2023 $0.50; Sep 28, 2023 $0.47; Dec 20, 2023 $0.68; Mar 22, 2024 $0.46; Jun 28, 2024 $0.55; Sep 27, 2024 $0.49; Dec 23, 2024 $0.58; Mar 25, 2025 $0.61; Jun 26, 2025 $0.53; Sep 24, 2025 $0.58; Dec 22, 2025 $0.66; Mar 24, 2026 $0.65; Jun 24, 2026 $0.56; Sep 23, 2026 $0.56. Use the arrow keys to read each point.$0$0.502017202020232026YTD

SPYV vs VXF Risk

Fall from peak · 5 years

  • SPYV
  • VXF
Oct 29, 2021 to Oct 30, 2026. Worst fall: VXF −36.4% · Jun 2022. Use the arrow keys to read each point.−30%−20%−10%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
SPYV 11.7%, betterVXF 17.6%
Return per unit of riskSharpe ratio, 3 years
SPYV 1.17, betterVXF 0.93
Worst fallMax drawdown, 5 years
SPYV −17.9%, betterVXF −36.4%
Market sensitivityBeta, 5 years
SPYV 0.83VXF 1.15

SPYV and VXF in the news

All news⁠

Popular comparisons

  • SPYVAvsSCHKA

    State Street SPDR Portfolio S&P 500 Value ETF · Schwab 1000 Index ETF

    Expense ratio
    0.04% · 0.03%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • VXFAvsSCHKA

    Vanguard Extended Market ETF · Schwab 1000 Index ETF

    Expense ratio
    0.05% · 0.03%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SPYVAvsPBUSA

    State Street SPDR Portfolio S&P 500 Value ETF · Invesco MSCI USA ETF

    Expense ratio
    0.04% · 0.04%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • VXFAvsPBUSA

    Vanguard Extended Market ETF · Invesco MSCI USA ETF

    Expense ratio
    0.05% · 0.04%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • SPYVAvsVOOVA

    State Street SPDR Portfolio S&P 500 Value ETF · Vanguard S&P 500 Value ETF

    Expense ratio
    0.04% · 0.07%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • VXFAvsVOOVA

    Vanguard Extended Market ETF · Vanguard S&P 500 Value ETF

    Expense ratio
    0.05% · 0.07%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.