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SPYV vs. SPYG

Last updated Feb 28, 2024

Compare and contrast key facts about SPDR Portfolio S&P 500 Value ETF (SPYV) and SPDR Portfolio S&P 500 Growth ETF (SPYG).

SPYV and SPYG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPYV is a passively managed fund by State Street that tracks the performance of the S&P 500 Value. It was launched on Sep 25, 2000. SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000. Both SPYV and SPYG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPYV or SPYG.

Key characteristics


SPYVSPYG
YTD Return3.11%9.79%
1Y Return21.21%37.18%
3Y Return (Ann)12.67%10.19%
5Y Return (Ann)12.44%15.79%
10Y Return (Ann)10.32%14.11%
Sharpe Ratio1.742.82
Daily Std Dev12.29%13.41%
Max Drawdown-58.45%-67.79%
Current Drawdown-0.29%-0.62%

Correlation

0.76
-1.001.00

The correlation between SPYV and SPYG is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

SPYV vs. SPYG - Performance Comparison

In the year-to-date period, SPYV achieves a 3.11% return, which is significantly lower than SPYG's 9.79% return. Over the past 10 years, SPYV has underperformed SPYG with an annualized return of 10.32%, while SPYG has yielded a comparatively higher 14.11% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-10.00%-5.00%0.00%5.00%10.00%15.00%SeptemberOctoberNovemberDecember2024February
11.78%
15.49%
SPYV
SPYG

Compare stocks, funds, or ETFs


SPDR Portfolio S&P 500 Value ETF

SPDR Portfolio S&P 500 Growth ETF

SPYV vs. SPYG - Dividend Comparison

SPYV's dividend yield for the trailing twelve months is around 1.69%, more than SPYG's 1.05% yield.


TTM20232022202120202019201820172016201520142013
SPYV
SPDR Portfolio S&P 500 Value ETF
1.69%1.75%2.22%2.10%2.38%2.25%2.97%2.77%2.39%2.53%2.19%1.96%
SPYG
SPDR Portfolio S&P 500 Growth ETF
1.05%1.15%1.03%0.62%0.90%1.37%1.51%1.41%1.55%1.57%1.37%1.42%

SPYV vs. SPYG - Expense Ratio Comparison

Both SPYV and SPYG have an expense ratio of 0.04%.

0.04%
0.00%2.15%

SPYV vs. SPYG - Risk-Adjusted Performance Comparison

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


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
SPYV
SPDR Portfolio S&P 500 Value ETF
1.74
SPYG
SPDR Portfolio S&P 500 Growth ETF
2.82

SPYV vs. SPYG - Sharpe Ratio Comparison

The current SPYV Sharpe Ratio is 1.74, which is lower than the SPYG Sharpe Ratio of 2.82. The chart below compares the 12-month rolling Sharpe Ratio of SPYV and SPYG.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00SeptemberOctoberNovemberDecember2024February
1.74
2.82
SPYV
SPYG

SPYV vs. SPYG - Drawdown Comparison

The maximum SPYV drawdown since its inception was -58.45%, smaller than the maximum SPYG drawdown of -67.79%. The drawdown chart below compares losses from any high point along the way for SPYV and SPYG


-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2024February
-0.29%
-0.62%
SPYV
SPYG

SPYV vs. SPYG - Volatility Comparison

The current volatility for SPDR Portfolio S&P 500 Value ETF (SPYV) is 2.98%, while SPDR Portfolio S&P 500 Growth ETF (SPYG) has a volatility of 5.60%. This indicates that SPYV experiences smaller price fluctuations and is considered to be less risky than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%SeptemberOctoberNovemberDecember2024February
2.98%
5.60%
SPYV
SPYG