SPYG vs. VTI

Last updated Jun 4, 2026

SPYG (State Street SPDR Portfolio S&P 500 Growth ETF) and VTI (Vanguard Total Stock Market ETF) are both exchange-traded funds - SPYG is a S&P 500 fund tracking the S&P 500 Growth 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, SPYG returned 18.20%/yr vs 15.05%/yr for VTI. Their correlation of 0.91 suggests significant overlap in exposure. SPYG charges 0.04%/yr vs 0.03%/yr for VTI.

Performance

SPYG vs. VTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) 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, SPYG achieves a 13.75% return, which is significantly higher than VTI's 11.20% return. Over the past 10 years, SPYG has outperformed VTI with an annualized return of 18.20%, while VTI has yielded a comparatively lower 15.05% annualized return.

SPYG

• 1D: -0.98%
• 1M: 7.38%
• YTD: 13.75%
• 6M: 13.57%
• 1Y: 33.95%
• 3Y*: 28.16%
• 5Y*: 16.07%
• 10Y*: 18.20%

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)

SPYG vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SPYG State Street SPDR Portfolio S&P 500 Growth ETF	13.75%	22.09%	35.99%	30.02%	-29.41%	32.01%	33.46%	30.84%	-0.12%	27.24%
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 SPYG and VTI is 0.91, 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	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Jun 1, 2001	0.91

The correlation between SPYG and VTI has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.

SPYG vs. VTI - Sectors Allocation Comparison

Sectors	SPYG	VTI
Technology	51.9%	33.5%
Communication Services	16.8%	10.3%
Consumer Cyclical	8.9%	10.0%
Financial Services	8.5%	12.0%
Healthcare	5.8%	9.2%
Industrials	5.0%	9.8%
Utilities	1.2%	2.3%
Consumer Defensive	1.0%	4.7%
Real Estate	0.6%	2.4%
Basic Materials	0.3%	2.0%
Energy	0.1%	3.7%

Return for Risk

SPYG vs. VTI — Risk / Return Rank

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

SPYG

SPYG Risk / Return Rank: 57
SPYG Sharpe Ratio Rank: 62
SPYG Sortino Ratio Rank: 60
SPYG Omega Ratio Rank: 59
SPYG Calmar Ratio Rank: 49
SPYG Martin Ratio Rank: 57

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.

SPYG vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) 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.

	SPYG	VTI	Difference
Sharpe ratio: Return per unit of total volatility	2.12	2.33	-0.20
Sortino ratio: Return per unit of downside risk	2.90	3.18	-0.28
Omega ratio: Gain probability vs. loss probability	1.37	1.42	-0.05
Calmar ratio: Return relative to maximum drawdown	2.48	3.17	-0.70
Martin ratio: Return relative to average drawdown	10.25	14.62	-4.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPYG vs. VTI - Sharpe Ratio Comparison

The current SPYG Sharpe Ratio is 2.12, which is comparable to the VTI Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of SPYG 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

	SPYG	VTI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.12	2.33	-0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.76	0.73	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.88	0.82	+0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.35	0.51	-0.15

Drawdowns

SPYG vs. VTI - Drawdown Comparison

The maximum SPYG drawdown since its inception was -67.63%, which is greater than VTI's maximum drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for SPYG and VTI.

Drawdown Indicators

	SPYG	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-67.63%	-55.45%	-12.18%
Max Drawdown (1Y) Largest decline over 1 year	-13.76%	-8.92%	-4.84%
Max Drawdown (3Y) Largest decline over 3 years	-22.14%	-19.30%	-2.84%
Max Drawdown (5Y) Largest decline over 5 years	-32.67%	-25.36%	-7.31%
Max Drawdown (10Y) Largest decline over 10 years	-32.67%	-35.00%	+2.33%
Current Drawdown Current decline from peak	-1.13%	-0.72%	-0.41%
Average Drawdown Average peak-to-trough decline	-24.33%	-8.03%	-16.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.32%	1.93%	+1.39%

Volatility

SPYG vs. VTI - Volatility Comparison

State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) has a higher volatility of 4.35% compared to Vanguard Total Stock Market ETF (VTI) at 2.96%. This indicates that SPYG'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

	SPYG	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.35%	2.96%	+1.39%
Volatility (6M) Calculated over the trailing 6-month period	12.46%	9.13%	+3.33%
Volatility (1Y) Calculated over the trailing 1-year period	16.06%	12.17%	+3.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.17%	17.40%	+3.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.64%	18.30%	+2.34%

SPYG vs. VTI - Expense Ratio Comparison

SPYG has a 0.04% 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

SPYG vs. VTI - Dividend Comparison

SPYG's dividend yield for the trailing twelve months is around 0.47%, less than VTI's 1.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPYG State Street SPDR Portfolio S&P 500 Growth ETF	0.47%	0.52%	0.60%	1.15%	1.03%	0.62%	0.90%	1.37%	1.51%	1.41%	1.55%	1.57%
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 SPYG and VTI in my portfolio?

With a correlation of 0.91, SPYG 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 is riskier, SPYG or VTI?

SPYG has higher volatility (4.35%) compared to VTI (2.96%). In terms of maximum drawdown, SPYG dropped -67.63% vs VTI's -55.45%.

Which ETF is better, SPYG or VTI?

On 10-year performance, SPYG leads with 18.20% vs 15.05% for VTI. 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, SPYG or VTI?

Over the 10-year period, SPYG has performed better with a 18.20% return vs 15.05%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SPYG or VTI?

VTI is cheaper with a 0.03% expense ratio, compared with 0.04% for SPYG.

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

VTI has the higher dividend yield at 1.01%, compared with 0.47% for SPYG.

What is the main difference between SPYG and VTI?

SPYG is categorized as S&P 500, while VTI is Large Cap Blend Equities. SPYG tracks S&P 500 Growth Index, while VTI tracks CRSP US Total Market Index. They also come from different issuers: State Street and Vanguard. Their fees differ too: 0.04% for SPYG and 0.03% for VTI.

Which has better risk-adjusted returns?

VTI currently has the higher Sharpe Ratio (2.33 vs 2.12), 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.