PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions

SPYV vs. VTV

Last updated Mar 1, 2024

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


SPYVVTV
YTD Return3.20%4.23%
1Y Return22.06%14.70%
3Y Return (Ann)11.91%9.88%
5Y Return (Ann)12.30%10.44%
10Y Return (Ann)10.41%10.26%
Sharpe Ratio1.751.29
Daily Std Dev12.29%11.28%
Max Drawdown-58.45%-59.27%
Current Drawdown-0.21%-0.13%

Correlation

0.95
-1.001.00

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.

SPYV vs. VTV - Performance Comparison

In the year-to-date period, SPYV achieves a 3.20% return, which is significantly lower than VTV's 4.23% return. Both investments have delivered pretty close results over the past 10 years, with SPYV having a 10.41% annualized return and VTV not far behind at 10.26%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


320.00%340.00%360.00%380.00%400.00%420.00%440.00%OctoberNovemberDecember2024February
406.33%
436.99%
SPYV
VTV

Compare stocks, funds, or ETFs


SPDR Portfolio S&P 500 Value ETF

Vanguard Value ETF

SPYV vs. VTV - Dividend Comparison

SPYV's dividend yield for the trailing twelve months is around 1.69%, less than VTV's 2.36% 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%
VTV
Vanguard Value ETF
2.36%2.46%2.52%2.15%2.56%2.50%2.73%2.29%2.44%2.60%2.22%2.21%

SPYV vs. VTV - Expense Ratio Comparison

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

0.04%
0.00%2.15%
0.04%
0.00%2.15%

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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
SPYV
SPDR Portfolio S&P 500 Value ETF
1.75
VTV
Vanguard Value ETF
1.29

SPYV vs. VTV - Sharpe Ratio Comparison

The current SPYV Sharpe Ratio is 1.75, which is higher than the VTV Sharpe Ratio of 1.29. The chart below compares the 12-month rolling Sharpe Ratio of SPYV and VTV.


Rolling 12-month Sharpe Ratio0.000.501.001.50OctoberNovemberDecember2024February
1.75
1.29
SPYV
VTV

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%. The drawdown chart below compares losses from any high point along the way for SPYV and VTV


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%OctoberNovemberDecember2024February
-0.21%
-0.13%
SPYV
VTV

SPYV vs. VTV - Volatility Comparison

SPDR Portfolio S&P 500 Value ETF (SPYV) and Vanguard Value ETF (VTV) have volatilities of 2.95% and 2.81%, 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.


2.00%2.50%3.00%3.50%4.00%4.50%5.00%OctoberNovemberDecember2024February
2.95%
2.81%
SPYV
VTV