SPYX vs VOO: Grades, Fees and Holdings Compared

State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF

SPYXCNYSE Arca

Vanguard S&P 500 ETF

VOOANYSE Arca

Overlap

93.6%by weight

Expense ratio

VOO −0.17pt a year

SPYX0.20%VOO0.03%

Avg volume · 30D

VOO 93.6×the volume

SPYX74.7KVOO6.99M

10Y return · a year

VOO +0.1pt

SPYX+15.3%VOO+15.4%

SPYX vs VOO Performance

Oct 29, 2021 – Oct 30, 2026

+72.9%SPYX+76.5%VOO

Expense ratio: SPYX 0.20%; VOO 0.03%, better
Fund size: SPYX $2.84B; VOO $1.7T
1Y total return: SPYX +11.0%; VOO +12.1%, better
Yield (12M): SPYX 0.86%; VOO 1.07%, better
Holdings: SPYX 489; VOO 507
Avg volume (30D): SPYX 74.7K sh; VOO 6.99M sh, better
NAV per share: SPYX $62.96; VOO $694.53
52W range

ETF.net Grade

Pillar letters and Scores for SPYX, VOO, with each pillar’s weight
Pillar	SPYX	VOO
Cost30% weight	F17	A84Higher
Mission25% weight	A100	A100
Risk15% weight	C40	C51Higher
Tradability15% weight	A71Higher	C53
Holdings10% weight	C40Higher	D39
Durability5% weight	B63	A93Higher

Rank among S&P 500 funds

How we build Categories ›

Same Category. SPYX 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 ›

VOO ranks 3rd and SPYX 10th 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 72
Rank 9BTOPCiShares S&P 500 3% Capped ETFScore 55
Rank 10CSPYXState Street SPDR S&P 500 Fossil Fuel Reserves Free ETFScore 53
Rank 11CXDIVRoundhill S&P 500 No Dividend Target ETFScore 51

Our read on each fund

ETF.net Research

SPYXCState Street SPDR S&P 500 Fossil Fuel Reserves Free ETF

VOOAVanguard S&P 500 ETF

In short

SPYX One rule separates SPYX from a plain S&P 500 tracker: companies that own oil, gas or thermal coal reserves get cut. Everything else stays, cap-weighted, the way State Street has run it since 2015.

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

SPYX The fund seeks to track the total return of the S&P 500 Fossil Fuel Reserves Free Index before fees and expenses. The strategy excludes companies that own fossil fuel reserves while retaining a U.S. large-cap core orientation.

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

SPYX A subtraction, not a rebuild. It keeps a cap-weighted US large-cap core of roughly 500 names and applies one screen, rather than re-scoring every company on broad ESG criteria.
The screen is mechanical, not editorial: the index provider defines reserves as economically and technically recoverable crude oil, natural gas and thermal coal.spglobal.com
Running since 2015 and now a multi-billion-dollar fund, it is an early entrant in fossil-fuel-free S&P 500 investing, not a recent launch chasing a theme. 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

SPYX The screen carries a price: 0.20% a year, above the median for S&P 500 wrappers and several times the cost of core trackers like VOO (0.03%) and SPYM (0.02%).
Cutting reserve owners removes the parent index's oil and gas majors, so results can drift from the standard S&P 500 in either direction.
It screens reserve ownership, not emissions. Companies that burn, move or process fossil fuels without owning reserves can still be held.spglobal.com

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 SPYX profile⁠

Full VOO profile⁠

SPYX vs VOO Holdings

How SPYX and VOO differ

Overlap by weight

93.6%

Shared holdings make up 99.8% of SPYX and 96.6% of VOO.

Level by level

Holdings484 in both93.6%
Sector11 Sectors95.8%
Asset classEquity100%
Countryby domicile99.5%

Sector

Sector weights in SPYX and VOO, widest gap first
Sector	More in SPYXMore in VOO	SPYX	VOO
Energy	VOO +2.1 points	1.3%	3.4%
Technology	VOO +1.6 points	38.9%	40.5%
Financials	SPYX +1.3 points	12.4%	11.1%
Health Care	SPYX +0.9 points	10.2%	9.3%
Consumer Staples	SPYX +0.8 points	5.1%	4.3%
Communication	VOO +0.5 points	9.5%	9.9%
Consumer Discretionary	SPYX +0.4 points	9.2%	8.8%
Industrials	SPYX +0.2 points	7.8%	7.5%
Utilities	SPYX +0.2 points	2.1%	1.9%
Materials	SPYX +0.2 points	1.8%	1.6%
Real Estate	SPYX +0.1 points	1.8%	1.7%

Country, concentration and asset class

Country by domicile

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

Concentration

Weight in the 10 largest Holdings

SPYX38.7%
VOO39.1%

Securities held

SPYX487
VOO506

Asset class

SPYX: Equity
VOO: Equity

Holdings

Only in SPYX3
In both484
Only in VOO22

Only in SPYX

3 securities, 0.1% of SPYX by weight

Vylor Inc0.08%
S+P500 Emini Fut DEC26<0.01%
Contra Hologic Incorpo0.00%

Only in VOO

22 securities, 3.5% of VOO by weight

ExxonMobil Holdings Corp1.02%
Chevron Corp0.61%
Sandisk Corp0.39%
GE Vernova Inc0.38%
ConocoPhillips0.23%
Bloom Energy Corp0.12%
Warner Bros Discovery Inc0.12%
EOG Resources Inc0.11%
Corteva Inc0.08%
Devon Energy Corp0.08%
Everpure Inc0.07%
Illumina Inc0.06%
Occidental Petroleum Corp0.06%
Diamondback Energy Inc0.06%
EQT Corp0.05%
Reddit Inc0.03%
Expand Energy Corp0.03%
Apa Corp0.02%
Solventum Corp0.02%
SLBBH1142<0.01%
Hologic Inc - Cvr (April 2026)0.00%
Abiomed Inc-Cvr0.00%

Weight gaps

The 100 widest of 484 Holdings in both funds.

Holding weights in SPYX and VOO, widest gap first
Holding	More in SPYXMore in VOO	SPYX	VOO
Apple IncAAPL	SPYX +0.54 points	7.93%	7.39%
Alphabet Inc Class AGOOGL	VOO +0.48 points	2.59%	3.07%
Alphabet Inc Class CGOOG	VOO +0.37 points	2.09%	2.46%
NVIDIA CorpNVDA	VOO +0.35 points	8.05%	8.40%
Microsoft CorpMSFT	SPYX +0.34 points	6.13%	5.79%
Eli Lilly & CoLLY	SPYX +0.30 points	1.71%	1.41%
Meta Platforms Inc Class AMETA	VOO +0.29 points	2.14%	2.43%
Tesla IncTSLA	SPYX +0.25 points	1.77%	1.52%
Intel CorpINTC	VOO +0.20 points	0.71%	0.91%
Micron Technology IncMU	VOO +0.19 points	1.64%	1.83%
Visa Inc Class A SharesV	SPYX +0.18 points	1.09%	0.91%
Berkshire Hathaway Inc Class BBRK.B	SPYX +0.16 points	1.57%	1.41%
Walmart IncWMT	SPYX +0.14 points	0.84%	0.70%
Lam Research CorpLRCX	VOO +0.12 points	0.49%	0.62%
Mastercard Inc AMA	SPYX +0.12 points	0.80%	0.68%
Caterpillar IncCAT	VOO +0.11 points	0.46%	0.57%
AbbVie IncABBV	SPYX +0.10 points	0.80%	0.70%
Applied Materials IncAMAT	VOO +0.10 points	0.52%	0.62%
JPMorgan Chase & CoJPM	SPYX +0.08 points	1.42%	1.34%
Advanced Micro DevicesAMD	VOO +0.08 points	1.44%	1.52%
Home Depot IncHD	SPYX +0.08 points	0.51%	0.43%
UnitedHealth Group IncUNH	SPYX +0.07 points	0.57%	0.50%
Costco Wholesale CorpCOST	SPYX +0.08 points	0.69%	0.61%
Seagate Technology HoldingsSTX	VOO +0.07 points	0.25%	0.32%
Procter & Gamble Co/ThePG	SPYX +0.07 points	0.58%	0.51%
Accenture PLC Class AACN	SPYX +0.07 points	0.24%	0.17%
Intl Business Machines CorpIBM	SPYX +0.07 points	0.38%	0.31%
Johnson & JohnsonJNJ	SPYX +0.06 points	1.03%	0.97%
Marvell Technology IncMRVL	VOO +0.05 points	0.30%	0.35%
Philip Morris InternationalPM	SPYX +0.06 points	0.51%	0.45%
Texas Instruments IncTXN	SPYX +0.05 points	0.44%	0.39%
Coca Cola Co/TheKO	SPYX +0.05 points	0.56%	0.51%
Goldman Sachs Group IncGS	SPYX +0.05 points	0.42%	0.37%
Palantir Technologies Inc APLTR	SPYX +0.05 points	0.70%	0.65%
Lockheed Martin CorpLMT	SPYX +0.04 points	0.20%	0.16%
Kla CorpKLAC	VOO +0.05 points	0.34%	0.39%
Amgen IncAMGN	SPYX +0.04 points	0.39%	0.35%
Gilead Sciences IncGILD	SPYX +0.04 points	0.32%	0.28%
Netflix IncNFLX	VOO +0.04 points	0.40%	0.44%
Rtx CorpRTX	SPYX +0.04 points	0.42%	0.38%
S+p Global IncSPGI	SPYX +0.04 points	0.22%	0.18%
McDonald’s CorpMCD	SPYX +0.03 points	0.28%	0.25%
Analog Devices IncADI	SPYX +0.04 points	0.33%	0.29%
Servicenow IncNOW	VOO +0.03 points	0.18%	0.21%
Fortinet IncFTNT	VOO +0.04 points	0.13%	0.17%
Union Pacific CorpUNP	SPYX +0.03 points	0.28%	0.25%
BlackRock IncBLK	SPYX +0.03 points	0.26%	0.23%
At+t IncT	VOO +0.03 points	0.22%	0.25%
Wells Fargo & CoWFC	SPYX +0.03 points	0.40%	0.37%
Intuitive Surgical IncISRG	SPYX +0.03 points	0.25%	0.22%
Altria Group IncMO	SPYX +0.03 points	0.20%	0.17%
Thermo Fisher Scientific IncTMO	SPYX +0.03 points	0.41%	0.38%
Linde PLCLIN	SPYX +0.03 points	0.36%	0.33%
Corning IncGLW	VOO +0.03 points	0.16%	0.19%
Western Digital CorpWDC	VOO +0.03 points	0.22%	0.25%
Nextera Energy IncNEE	SPYX +0.03 points	0.27%	0.24%
Mckesson CorpMCK	SPYX +0.03 points	0.18%	0.15%
Intuit IncINTU	SPYX +0.03 points	0.14%	0.11%
Medtronic PLCMDT	SPYX +0.02 points	0.19%	0.17%
Starbucks CorpSBUX	SPYX +0.03 points	0.19%	0.16%
Progressive CorpPGR	SPYX +0.03 points	0.21%	0.18%
Chubb LtdCB	SPYX +0.03 points	0.20%	0.17%
Lowe’s Cos IncLOW	SPYX +0.02 points	0.18%	0.16%
Dell Technologies CDELL	VOO +0.03 points	0.22%	0.25%
Arista Networks IncANET	VOO +0.02 points	0.30%	0.32%
Southern Co/TheSO	SPYX +0.03 points	0.17%	0.14%
United Rentals IncURI	SPYX +0.03 points	0.12%	0.09%
Cme Group IncCME	SPYX +0.03 points	0.17%	0.14%
Walt Disney Co/TheDIS	SPYX +0.02 points	0.30%	0.28%
Robinhood Markets Inc AHOOD	VOO +0.03 points	0.11%	0.14%
Teradyne IncTER	VOO +0.03 points	0.07%	0.10%
Marsh & Mclennan CosMRSH	SPYX +0.03 points	0.15%	0.12%
American Express CoAXP	SPYX +0.03 points	0.27%	0.24%
Stryker CorpSYK	SPYX +0.02 points	0.17%	0.15%
Tjx Companies IncTJX	SPYX +0.02 points	0.24%	0.22%
Abbott LaboratoriesABT	SPYX +0.02 points	0.28%	0.26%
Pepsico IncPEP	SPYX +0.02 points	0.28%	0.26%
Automatic Data ProcessingADP	SPYX +0.02 points	0.18%	0.16%
Cisco Systems IncCSCO	SPYX +0.03 points	0.67%	0.64%
Bank of America CorpBAC	VOO +0.02 points	0.52%	0.54%
Royal Caribbean Cruises LtdRCL	SPYX +0.02 points	0.12%	0.10%
Marathon Petroleum CorpMPC	SPYX +0.02 points	0.19%	0.17%
Danaher CorpDHR	SPYX +0.02 points	0.23%	0.21%
Moderna IncMRNA	SPYX +0.02 points	0.13%	0.11%
Synopsys IncSNPS	SPYX +0.02 points	0.15%	0.13%
Csx CorpCSX	SPYX +0.02 points	0.15%	0.13%
Pfizer IncPFE	SPYX +0.02 points	0.27%	0.25%
Northrop Grumman CorpNOC	SPYX +0.02 points	0.12%	0.10%
Capital One Financial CorpCOF	SPYX +0.02 points	0.20%	0.18%
American Tower CorpAMT	SPYX +0.02 points	0.14%	0.12%
General Dynamics CorpGD	SPYX +0.02 points	0.15%	0.13%
Duke Energy CorpDUK	SPYX +0.01 points	0.15%	0.14%
Elevance Health IncELV	SPYX +0.02 points	0.14%	0.12%
Arthur J Gallagher & CoAJG	SPYX +0.02 points	0.11%	0.09%
Aon PLC Class AAON	SPYX +0.02 points	0.11%	0.09%
Waste Management IncWM	SPYX +0.01 points	0.13%	0.12%
Emerson Electric CoEMR	SPYX +0.02 points	0.15%	0.13%
United Parcel Service Class BUPS	SPYX +0.01 points	0.12%	0.11%
Broadcom IncAVGO	SPYX +0.02 points	2.56%	2.54%
Marriott International Class AMAR	SPYX +0.01 points	0.13%	0.12%

All 487 SPYX 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.

SPYX vs VOO Cost

Overpaying SPYX vs VOO

$3,517

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

SPYX 0.20%
$4,155
VOO 0.03%
$638

Amount$10,000

Years30 years

Cost over time

SPYX 0.20%
VOO 0.03%
Overpaying

Year by year

Year	SPYX	VOO	Overpaying
10	$365	$55	$310
20	$1,421	$216	$1,205
30	$4,155	$638	$3,517

Expense ratio

0.20%SPYX
0.03%VOO, cheaper

VOO0.03%SPYX0.20%

0.02%0.45%

Middle half of S&P 500 funds
Median 0.09%

VOO 2nd cheapest of 14 funds

SPYX 12th cheapest of 14 funds

SPYX vs VOO Dividends

Last 12 months to Oct 30, 2026

Yield (12M): SPYX 0.86%; VOO 1.07%, better
Payout (12M): SPYX $0.53; VOO $7.43
Last payment: SPYX $0.13; VOO $1.82
Ex-dividend: SPYX Sep 21, 2026; VOO Sep 28, 2026
Paid on: SPYX Sep 23, 2026; VOO Sep 30, 2026
Frequency: SPYX Quarterly; VOO Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

SPYXQuarterly · 39 paymentsAll SPYX payments⁠

VOOQuarterly · 39 paymentsAll VOO payments⁠

SPYX vs VOO Risk

Fall from peak · 5 years

SPYX
VOO

Risk facts

VolatilityStd dev, 3 years: SPYX 12.7%VOO 12.3%, better
Return per unit of riskSharpe ratio, 3 years: SPYX 1.37VOO 1.42, better
Worst fallMax drawdown, 5 years: SPYX −26.1%VOO −24.5%, better
Market sensitivityBeta, 5 years: SPYX 1.01VOO 1.01; Market = 1

SPYX and VOO in the news

All news⁠

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SPYX vs VOO

In short

Stated mandate

Why people hold it