SPXE vs. VTI

Last updated Jul 14, 2026

SPXE (ProShares S&P 500 Ex-Energy ETF) and VTI (Vanguard Total Stock Market ETF) are both exchange-traded funds - SPXE is a S&P 500 fund tracking the S&P 500 Ex-Energy Index, while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Both are passively managed. With a 1.00 correlation, they move nearly in lockstep. SPXE charges 0.09%/yr vs 0.03%/yr for VTI.

Performance

SPXE vs. VTI - Performance Comparison

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

Returns By Period

SPXE

• 1D: -0.87%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VTI

• 1D: -0.78%
• 1M: 1.22%
• 6M: 8.45%
• YTD: 10.96%
• 1Y: 21.85%
• 3Y*: 19.76%
• 5Y*: 12.01%
• 10Y*: 14.67%

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

SPXE vs. VTI - Yearly Performance Comparison

	2026 (YTD)
SPXE ProShares S&P 500 Ex-Energy ETF	-0.77%
VTI Vanguard Total Stock Market ETF	-0.45%

Correlation

The correlation between SPXE and VTI is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 10, 2026	1.00

SPXE vs. VTI - Sectors Allocation Comparison

Sectors	SPXE	VTI
Technology	38.6%	37.0%
Financial Services	12.4%	11.3%
Communication Services	10.1%	9.8%
Consumer Cyclical	9.7%	9.7%
Healthcare	9.5%	9.0%
Industrials	8.1%	9.4%
Consumer Defensive	4.8%	4.3%
Utilities	2.8%	2.1%
Basic Materials	1.9%	1.9%
Real Estate	1.9%	2.3%
Energy	0.0%	3.3%

Return for Risk

SPXE vs. VTI — Risk / Return Rank

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

SPXE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

VTI

VTI Risk / Return Rank: 66
VTI Sharpe Ratio Rank: 66
VTI Sortino Ratio Rank: 64
VTI Omega Ratio Rank: 64
VTI Calmar Ratio Rank: 62
VTI Martin Ratio Rank: 73

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.

SPXE vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares S&P 500 Ex-Energy ETF (SPXE) 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.

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.

	SPXE	VTI	Difference
Sharpe ratio: Return per unit of total volatility	—	1.71	—
Sortino ratio: Return per unit of downside risk	—	2.36	—
Omega ratio: Gain probability vs. loss probability	—	1.31	—
Calmar ratio: Return relative to maximum drawdown	—	2.46	—
Martin ratio: Return relative to average drawdown	—	10.78	—

Drawdowns

SPXE vs. VTI - Drawdown Comparison

The maximum SPXE drawdown since its inception was -0.87%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for SPXE and VTI.

Drawdown Indicators

	SPXE	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-0.87%	-55.45%	+54.58%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.92%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.30%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.36%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.00%	—
Current Drawdown Current decline from peak	-0.87%	-0.94%	+0.07%
Average Drawdown Average peak-to-trough decline	-0.44%	-8.00%	+7.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.03%	—

Volatility

Volatility by Period

	SPXE	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.08%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.13%	—
Volatility (1Y) Calculated over the trailing 1-year period	10.97%	12.85%	-1.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.97%	17.51%	-6.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.97%	18.29%	-7.32%

SPXE vs. VTI - Expense Ratio Comparison

SPXE has a 0.09% expense ratio, which is higher than VTI's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

SPXE vs. VTI - Dividend Comparison

SPXE has not paid dividends to shareholders, while VTI's dividend yield for the trailing twelve months is around 1.05%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPXE ProShares S&P 500 Ex-Energy ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VTI Vanguard Total Stock Market ETF	1.05%	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 SPXE and VTI in my portfolio?

With a correlation of 1.00, SPXE and VTI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, SPXE or VTI?

On fees, VTI is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SPXE or VTI?

VTI is cheaper with a 0.03% expense ratio, compared with 0.09% for SPXE.

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

VTI has the higher dividend yield at 1.05%, compared with 0.00% for SPXE.

What is the main difference between SPXE and VTI?

SPXE is categorized as S&P 500, while VTI is Large Cap Blend Equities. SPXE tracks S&P 500 Ex-Energy Index, while VTI tracks CRSP US Total Market Index. They also come from different issuers: ProShares and Vanguard. Their fees differ too: 0.09% for SPXE and 0.03% for VTI.