SPGP vs. VTI

Last updated Jun 4, 2026

SPGP (Invesco S&P 500 GARP ETF) and VTI (Vanguard Total Stock Market ETF) are both exchange-traded funds - SPGP is a S&P 500 fund tracking the S&P 500 GARP Index, while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Both are passively managed. Over the past 10 years, SPGP returned 14.80%/yr vs 15.05%/yr for VTI. Their correlation of 0.85 suggests significant overlap in exposure. SPGP charges 0.36%/yr vs 0.03%/yr for VTI.

Performance

SPGP vs. VTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco S&P 500 GARP ETF (SPGP) and Vanguard Total Stock Market ETF (VTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SPGP achieves a 6.12% return, which is significantly lower than VTI's 11.20% return. Both investments have delivered pretty close results over the past 10 years, with SPGP having a 14.80% annualized return and VTI not far ahead at 15.05%.

SPGP

• 1D: -0.56%
• 1M: 3.93%
• YTD: 6.12%
• 6M: 6.65%
• 1Y: 17.19%
• 3Y*: 12.90%
• 5Y*: 7.90%
• 10Y*: 14.80%

VTI

• 1D: -0.72%
• 1M: 4.99%
• YTD: 11.20%
• 6M: 11.09%
• 1Y: 28.18%
• 3Y*: 22.07%
• 5Y*: 12.69%
• 10Y*: 15.05%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SPGP vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SPGP Invesco S&P 500 GARP ETF	6.12%	9.80%	8.48%	20.29%	-13.83%	35.72%	15.92%	39.16%	1.68%	36.24%
VTI Vanguard Total Stock Market ETF	11.20%	17.10%	23.81%	26.05%	-19.52%	25.68%	21.08%	30.67%	-5.23%	21.21%

Correlation

The correlation between SPGP and VTI is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.84
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (10Y) Calculated over the trailing 10-year period	0.89
Correlation (All Time) Calculated using the full available price history since Jun 17, 2011	0.85

The correlation between SPGP and VTI has been stable across timeframes, ranging from 0.83 to 0.89 - a consistent structural relationship.

SPGP vs. VTI - Sectors Allocation Comparison

Sectors	SPGP	VTI
Technology	22.8%	33.5%
Financial Services	22.2%	12.0%
Consumer Cyclical	18.0%	10.0%
Industrials	16.8%	9.8%
Energy	7.1%	3.7%
Communication Services	6.6%	10.3%
Healthcare	3.8%	9.2%
Real Estate	2.7%	2.4%
Basic Materials	-	2.0%
Consumer Defensive	-	4.7%
Utilities	-	2.3%

Return for Risk

SPGP vs. VTI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPGP

SPGP Risk / Return Rank: 32
SPGP Sharpe Ratio Rank: 31
SPGP Sortino Ratio Rank: 32
SPGP Omega Ratio Rank: 30
SPGP Calmar Ratio Rank: 31
SPGP Martin Ratio Rank: 37

VTI

VTI Risk / Return Rank: 68
VTI Sharpe Ratio Rank: 69
VTI Sortino Ratio Rank: 68
VTI Omega Ratio Rank: 67
VTI Calmar Ratio Rank: 62
VTI Martin Ratio Rank: 75

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SPGP vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco S&P 500 GARP ETF (SPGP) and Vanguard Total Stock Market ETF (VTI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	SPGP	VTI	Difference
Sharpe ratio: Return per unit of total volatility	1.14	2.33	-1.18
Sortino ratio: Return per unit of downside risk	1.73	3.18	-1.45
Omega ratio: Gain probability vs. loss probability	1.20	1.42	-0.21
Calmar ratio: Return relative to maximum drawdown	1.55	3.17	-1.63
Martin ratio: Return relative to average drawdown	5.94	14.62	-8.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPGP vs. VTI - Sharpe Ratio Comparison

The current SPGP Sharpe Ratio is 1.14, which is lower than the VTI Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of SPGP and VTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SPGP	VTI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.14	2.33	-1.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	0.73	-0.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	0.82	-0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	0.51	+0.23

Drawdowns

SPGP vs. VTI - Drawdown Comparison

The maximum SPGP drawdown since its inception was -42.08%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for SPGP and VTI.

Drawdown Indicators

	SPGP	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-42.08%	-55.45%	+13.37%
Max Drawdown (1Y) Largest decline over 1 year	-11.15%	-8.92%	-2.23%
Max Drawdown (3Y) Largest decline over 3 years	-22.87%	-19.30%	-3.57%
Max Drawdown (5Y) Largest decline over 5 years	-22.87%	-25.36%	+2.49%
Max Drawdown (10Y) Largest decline over 10 years	-42.08%	-35.00%	-7.08%
Current Drawdown Current decline from peak	-0.56%	-0.72%	+0.16%
Average Drawdown Average peak-to-trough decline	-4.36%	-8.03%	+3.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.90%	1.93%	+0.97%

Volatility

SPGP vs. VTI - Volatility Comparison

Invesco S&P 500 GARP ETF (SPGP) has a higher volatility of 3.74% compared to Vanguard Total Stock Market ETF (VTI) at 2.96%. This indicates that SPGP's price experiences larger fluctuations and is considered to be riskier than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPGP	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.74%	2.96%	+0.78%
Volatility (6M) Calculated over the trailing 6-month period	11.57%	9.13%	+2.44%
Volatility (1Y) Calculated over the trailing 1-year period	15.13%	12.17%	+2.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.51%	17.40%	+1.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.20%	18.30%	+2.90%

SPGP vs. VTI - Expense Ratio Comparison

SPGP has a 0.36% expense ratio, which is higher than VTI's 0.03% expense ratio.

Dividends

SPGP vs. VTI - Dividend Comparison

SPGP's dividend yield for the trailing twelve months is around 0.88%, less than VTI's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPGP Invesco S&P 500 GARP ETF	0.88%	1.04%	1.38%	1.24%	1.22%	0.69%	1.10%	0.86%	0.95%	0.68%	0.89%	1.12%
VTI Vanguard Total Stock Market ETF	1.01%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both SPGP and VTI in my portfolio?

SPGP and VTI have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SPGP or VTI?

SPGP has higher volatility (3.74%) compared to VTI (2.96%). In terms of maximum drawdown, SPGP dropped -42.08% vs VTI's -55.45%.

Which ETF is better, SPGP or VTI?

On 10-year performance, VTI leads with 15.05% vs 14.80% for SPGP. On fees, VTI is cheaper at 0.03% per year. On volatility, VTI has been the lower-risk option at 2.96%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SPGP or VTI?

Over the 10-year period, VTI has performed better with a 15.05% return vs 14.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SPGP or VTI?

VTI is cheaper with a 0.03% expense ratio, compared with 0.36% for SPGP.

Which ETF pays a higher dividend yield, SPGP or VTI?

VTI has the higher dividend yield at 1.01%, compared with 0.88% for SPGP.

What is the main difference between SPGP and VTI?

SPGP is categorized as S&P 500, while VTI is Large Cap Blend Equities. SPGP tracks S&P 500 GARP Index, while VTI tracks CRSP US Total Market Index. They also come from different issuers: Invesco and Vanguard. Their fees differ too: 0.36% for SPGP and 0.03% for VTI.

Which has better risk-adjusted returns?

VTI currently has the higher Sharpe Ratio (2.33 vs 1.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.