VGRO vs. SPYG

Last updated Jul 30, 2026

VGRO (Virtus Silvant Growth Opportunities ETF) and SPYG (State Street SPDR Portfolio S&P 500 Growth ETF) are both exchange-traded funds - VGRO is a Large Cap Growth Equities fund actively managed by Virtus, while SPYG is a S&P 500 fund tracking the S&P 500 Growth Index. VGRO is actively managed, while SPYG is passively managed. Their correlation of 0.94 means they have usually moved in the same direction. VGRO charges 0.35%/yr vs 0.04%/yr for SPYG.

Performance

VGRO vs. SPYG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Silvant Growth Opportunities ETF (VGRO) and State Street SPDR Portfolio S&P 500 Growth ETF (SPYG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VGRO achieves a -3.29% return, which is significantly lower than SPYG's 5.15% return.

VGRO

• 1D: -1.60%
• 1M: -4.62%
• 6M: -2.34%
• YTD: -3.29%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SPYG

• 1D: -2.01%
• 1M: -4.68%
• 6M: 3.13%
• YTD: 5.15%
• 1Y: 14.26%
• 3Y*: 22.11%
• 5Y*: 12.25%
• 10Y*: 16.80%
• ALL TIME*: 7.27%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SPYG State Street SPDR Portfolio S&P 500 Growth ETF	$225.70M	$241.80M	$295.16M
VGRO Virtus Silvant Growth Opportunities ETF	$13.12K	$11.58K	$24.68K

VGRO vs. SPYG - Yearly Performance Comparison

	2026 (YTD)	2025
VGRO Virtus Silvant Growth Opportunities ETF	-3.29%	-0.88%
SPYG State Street SPDR Portfolio S&P 500 Growth ETF	5.15%	-0.35%

Correlation

The correlation between VGRO and SPYG is 0.94, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 23, 2025	0.94

VGRO vs. SPYG - Sectors Allocation Comparison

Sectors	VGRO	SPYG
Technology	48.7%	52.3%
Communication Services	20.1%	15.6%
Industrials	9.5%	6.4%
Consumer Cyclical	7.8%	8.6%
Healthcare	7.3%	6.2%
Utilities	4.7%	0.4%
Financial Services	4.2%	8.7%
Basic Materials	1.5%	0.3%
Consumer Defensive	-	1.0%
Energy	-	0.1%
Real Estate	-	0.6%

Return for Risk

VGRO vs. SPYG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

VGRO

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

SPYG

SPYG Risk / Return Rank: 31
SPYG Sharpe Ratio Rank: 31
SPYG Sortino Ratio Rank: 30
SPYG Omega Ratio Rank: 29
SPYG Calmar Ratio Rank: 29
SPYG Martin Ratio Rank: 36

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

VGRO vs. SPYG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Silvant Growth Opportunities ETF (VGRO) and State Street 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.

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.

	VGRO	SPYG	Difference
Sharpe ratio: Return per unit of total volatility	—	0.80	—
Sortino ratio: Return per unit of downside risk	—	1.21	—
Omega ratio: Gain probability vs. loss probability	—	1.15	—
Calmar ratio: Return relative to maximum drawdown	—	1.04	—
Martin ratio: Return relative to average drawdown	—	3.80	—

Drawdowns

VGRO vs. SPYG - Drawdown Comparison

The maximum VGRO drawdown since its inception was -15.49%, smaller than the maximum SPYG drawdown of -67.63%. Use the drawdown chart below to compare losses from any high point for VGRO and SPYG.

Drawdown Indicators

	VGRO	SPYG	Difference
Max Drawdown Largest peak-to-trough decline	-15.49%	-67.63%	+52.14%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.76%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.14%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.67%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.67%	—
Current Drawdown Current decline from peak	-10.63%	-8.61%	-2.02%
Average Drawdown Average peak-to-trough decline	-4.79%	-24.20%	+19.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.76%	—

Volatility

Volatility by Period

	VGRO	SPYG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.05%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.47%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.46%	17.86%	+1.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.46%	21.46%	-2.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.46%	20.77%	-1.31%

VGRO vs. SPYG - Expense Ratio Comparison

VGRO has a 0.35% expense ratio, which is higher than SPYG's 0.04% expense ratio.

Dividends

VGRO vs. SPYG - Dividend Comparison

VGRO has not paid dividends to shareholders, while SPYG's dividend yield for the trailing twelve months is around 0.52%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPYG State Street SPDR Portfolio S&P 500 Growth ETF	0.52%	0.52%	0.60%	1.15%	1.03%	0.62%	0.90%	1.37%	1.51%	1.41%	1.55%	1.57%
VGRO Virtus Silvant Growth Opportunities 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%

Frequently Asked Questions

Can I hold both VGRO and SPYG in my portfolio?

With a correlation of 0.94, VGRO and SPYG 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, VGRO or SPYG?

On fees, SPYG is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VGRO or SPYG?

SPYG is cheaper with a 0.04% expense ratio, compared with 0.35% for VGRO.

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

SPYG has the higher dividend yield at 0.52%, compared with 0.00% for VGRO.

What is the main difference between VGRO and SPYG?

VGRO is categorized as Large Cap Growth Equities, while SPYG is S&P 500. They also come from different issuers: Virtus and State Street. Their fees differ too: 0.35% for VGRO and 0.04% for SPYG.