SPYV vs. VTV
Compare and contrast key facts about SPDR Portfolio S&P 500 Value ETF (SPYV) and Vanguard Value ETF (VTV).
SPYV and VTV 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. VTV is a passively managed fund by Vanguard that tracks the performance of the MSCI US Prime Market Value Index. It was launched on Jan 26, 2004. Both SPYV and VTV 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 VTV.
Key characteristics
| SPYV | VTV | |
|---|---|---|
| YTD Return | 8.40% | 11.25% |
| 1Y Return | 14.59% | 14.68% |
| 3Y Return (Ann) | 10.40% | 8.68% |
| 5Y Return (Ann) | 11.84% | 10.63% |
| 10Y Return (Ann) | 10.00% | 10.01% |
| Sharpe Ratio | 1.38 | 1.47 |
| Daily Std Dev | 10.60% | 9.84% |
| Max Drawdown | -58.45% | -59.27% |
| Current Drawdown | -2.00% | -2.02% |
Correlation
The correlation between SPYV and VTV is 0.95, 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.
Performance
SPYV vs. VTV - Performance Comparison
In the year-to-date period, SPYV achieves a 8.40% return, which is significantly lower than VTV's 11.25% return. Both investments have delivered pretty close results over the past 10 years, with SPYV having a 10.00% annualized return and VTV not far ahead at 10.01%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SPYV vs. VTV - Expense Ratio Comparison
Both SPYV and VTV have an expense ratio of 0.04%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
SPYV vs. VTV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio S&P 500 Value ETF (SPYV) and Vanguard Value ETF (VTV). 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.
Dividends
SPYV vs. VTV - Dividend Comparison
SPYV's dividend yield for the trailing twelve months is around 1.95%, less than VTV's 2.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPYV SPDR Portfolio S&P 500 Value ETF | 1.95% | 1.75% | 2.22% | 2.10% | 2.38% | 2.25% | 2.97% | 2.77% | 2.39% | 2.53% | 2.19% | 1.96% |
VTV Vanguard Value ETF | 2.40% | 2.46% | 2.52% | 2.15% | 2.56% | 2.50% | 2.73% | 2.29% | 2.44% | 2.60% | 2.22% | 2.21% |
Drawdowns
SPYV vs. VTV - Drawdown Comparison
The maximum SPYV drawdown since its inception was -58.45%, roughly equal to the maximum VTV drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for SPYV and VTV. For additional features, visit the drawdowns tool.
Volatility
SPYV vs. VTV - Volatility Comparison
SPDR Portfolio S&P 500 Value ETF (SPYV) and Vanguard Value ETF (VTV) have volatilities of 2.77% and 2.71%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.