SPTM vs. VEA

Last updated Jun 14, 2026

SPTM (SPDR Portfolio S&P 1500 Composite Stock Market ETF) and VEA (Vanguard FTSE Developed Markets ETF) are both exchange-traded funds - SPTM is a Large Cap Blend Equities fund tracking the S&P Composite 1500 Index, while VEA is a Foreign Large Cap Equities fund tracking the FTSE Developed All Cap ex US Index. Both are passively managed. Over the past 10 years, SPTM returned 15.22%/yr vs 10.72%/yr for VEA. Their correlation of 0.80 suggests significant overlap in exposure. Both charge a 0.03% expense ratio.

Performance

SPTM vs. VEA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) and Vanguard FTSE Developed Markets ETF (VEA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SPTM achieves a 9.59% return, which is significantly lower than VEA's 14.73% return. Over the past 10 years, SPTM has outperformed VEA with an annualized return of 15.22%, while VEA has yielded a comparatively lower 10.72% annualized return.

SPTM

• 1D: 0.51%
• 1M: 0.76%
• YTD: 9.59%
• 6M: 9.78%
• 1Y: 26.07%
• 3Y*: 20.50%
• 5Y*: 12.96%
• 10Y*: 15.22%

VEA

• 1D: 0.34%
• 1M: 3.58%
• YTD: 14.73%
• 6M: 16.65%
• 1Y: 31.41%
• 3Y*: 19.03%
• 5Y*: 9.51%
• 10Y*: 10.72%

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

SPTM vs. VEA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF	9.59%	16.93%	23.87%	25.55%	-17.75%	28.58%	17.94%	31.34%	-5.30%	21.18%
VEA Vanguard FTSE Developed Markets ETF	14.73%	35.16%	3.15%	17.93%	-15.34%	11.66%	9.71%	22.62%	-14.75%	26.42%

Correlation

The correlation between SPTM and VEA is 0.80, 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	0.80
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.79
Correlation (10Y) Calculated over the trailing 10-year period	0.80
Correlation (All Time) Calculated using the full available price history since Jul 26, 2007	0.80

The correlation between SPTM and VEA has been stable across timeframes, ranging from 0.75 to 0.80 - a consistent structural relationship.

SPTM vs. VEA - Sectors Allocation Comparison

Sectors	SPTM	VEA
Technology	37.4%	13.8%
Financial Services	11.4%	23.3%
Consumer Cyclical	10.1%	7.5%
Communication Services	10.0%	3.4%
Industrials	8.9%	19.2%
Healthcare	8.4%	8.2%
Consumer Defensive	4.4%	5.6%
Energy	3.3%	5.4%
Real Estate	2.2%	2.7%
Utilities	2.1%	3.3%
Basic Materials	1.9%	7.5%

Return for Risk

SPTM vs. VEA — Risk / Return Rank

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

SPTM

SPTM Risk / Return Rank: 71
SPTM Sharpe Ratio Rank: 72
SPTM Sortino Ratio Rank: 70
SPTM Omega Ratio Rank: 71
SPTM Calmar Ratio Rank: 65
SPTM Martin Ratio Rank: 78

VEA

VEA Risk / Return Rank: 62
VEA Sharpe Ratio Rank: 63
VEA Sortino Ratio Rank: 62
VEA Omega Ratio Rank: 63
VEA Calmar Ratio Rank: 59
VEA Martin Ratio Rank: 63

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.

SPTM vs. VEA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) and Vanguard FTSE Developed Markets ETF (VEA). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SPTM	VEA	Difference
Sharpe ratio: Return per unit of total volatility	2.00	1.81	+0.19
Sortino ratio: Return per unit of downside risk	2.72	2.50	+0.22
Omega ratio: Gain probability vs. loss probability	1.36	1.33	+0.03
Calmar ratio: Return relative to maximum drawdown	2.84	2.58	+0.27
Martin ratio: Return relative to average drawdown	12.92	9.92	+3.00

SPTM vs. VEA - Sharpe Ratio Comparison

The current SPTM Sharpe Ratio is 2.00, which is comparable to the VEA Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of SPTM and VEA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SPTM vs. VEA - Drawdown Comparison

The maximum SPTM drawdown since its inception was -54.80%, smaller than the maximum VEA drawdown of -60.68%. Use the drawdown chart below to compare losses from any high point for SPTM and VEA.

Drawdown Indicators

	SPTM	VEA	Difference
Max Drawdown Largest peak-to-trough decline	-54.80%	-60.68%	+5.88%
Max Drawdown (1Y) Largest decline over 1 year	-8.68%	-11.63%	+2.95%
Max Drawdown (3Y) Largest decline over 3 years	-18.87%	-13.45%	-5.42%
Max Drawdown (5Y) Largest decline over 5 years	-24.14%	-29.71%	+5.57%
Max Drawdown (10Y) Largest decline over 10 years	-34.66%	-35.73%	+1.07%
Current Drawdown Current decline from peak	-2.02%	-1.06%	-0.96%
Average Drawdown Average peak-to-trough decline	-9.04%	-13.28%	+4.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.91%	3.02%	-1.11%

Volatility

SPTM vs. VEA - Volatility Comparison

The current volatility for SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) is 4.37%, while Vanguard FTSE Developed Markets ETF (VEA) has a volatility of 6.84%. This indicates that SPTM experiences smaller price fluctuations and is considered to be less risky than VEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPTM	VEA	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.37%	6.84%	-2.47%
Volatility (6M) Calculated over the trailing 6-month period	9.60%	14.38%	-4.78%
Volatility (1Y) Calculated over the trailing 1-year period	12.34%	16.58%	-4.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.93%	16.72%	+0.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.06%	17.40%	+0.66%

SPTM vs. VEA - Expense Ratio Comparison

Both SPTM and VEA have an expense ratio of 0.03%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

SPTM vs. VEA - Dividend Comparison

SPTM's dividend yield for the trailing twelve months is around 1.05%, less than VEA's 2.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF	1.05%	1.13%	1.28%	1.44%	1.69%	1.25%	1.56%	1.72%	1.90%	1.66%	1.91%	1.92%
VEA Vanguard FTSE Developed Markets ETF	2.62%	3.22%	3.35%	3.15%	2.91%	3.16%	2.04%	3.04%	3.35%	2.77%	3.05%	2.92%

Frequently Asked Questions

Can I hold both SPTM and VEA in my portfolio?

SPTM and VEA have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SPTM or VEA?

VEA has higher volatility (6.84%) compared to SPTM (4.37%). In terms of maximum drawdown, SPTM dropped -54.80% vs VEA's -60.68%.

Which ETF is better, SPTM or VEA?

On 10-year performance, SPTM leads with 15.22% vs 10.72% for VEA. Both ETFs have the same 0.03% expense ratio. On volatility, SPTM has been the lower-risk option at 4.37%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SPTM or VEA?

Over the 10-year period, SPTM has performed better with a 15.22% return vs 10.72%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SPTM or VEA?

SPTM and VEA have the same expense ratio: 0.03% per year.

Which ETF pays a higher dividend yield, SPTM or VEA?

VEA has the higher dividend yield at 2.62%, compared with 1.05% for SPTM.

What is the main difference between SPTM and VEA?

SPTM is categorized as Large Cap Blend Equities, while VEA is Foreign Large Cap Equities. SPTM tracks S&P Composite 1500 Index, while VEA tracks FTSE Developed All Cap ex US Index. They also come from different issuers: State Street and Vanguard.

Which has better risk-adjusted returns?

SPTM currently has the higher Sharpe Ratio (2.00 vs 1.81), 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.