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VICE vs. SPY
Performance
Return for Risk
Drawdowns
Volatility
Dividends

VICE vs. SPY

Last updated Aug 2, 2026
Documentation

VICE (AdvisorShares Vice ETF) and SPY (State Street SPDR S&P 500 ETF) are both exchange-traded funds - VICE is a Consumer Discretionary Equities fund actively managed by AdvisorShares, while SPY is a S&P 500 fund tracking the S&P 500 Index. VICE is actively managed, while SPY is passively managed. Over the past 5 years, VICE returned 1.67%/yr vs 12.76%/yr for SPY. Their 0.69 correlation means they have sometimes moved together and sometimes differently. VICE charges 0.99%/yr vs 0.09%/yr for SPY.

Performance

VICE vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AdvisorShares Vice ETF (VICE) and State Street SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, VICE achieves a 4.78% return, which is significantly lower than SPY's 10.13% return.

VICE

1D
-0.28%
1M
-0.77%
6M
2.71%
YTD
4.78%
1Y
-4.25%
3Y*
5.90%
5Y*
1.67%
10Y*
—
ALL TIME*
4.50%

SPY

1D
0.72%
1M
0.30%
6M
8.53%
YTD
10.13%
1Y
21.49%
3Y*
19.32%
5Y*
12.76%
10Y*
15.07%
ALL TIME*
10.79%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

SPY

State Street SPDR S&P 500 ETF
$37.27B$35.99B$39.23B

VICE

AdvisorShares Vice ETF
$15.61K$15.90K$15.22K

VICE vs. SPY - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
VICE
AdvisorShares Vice ETF		4.78%1.56%18.27%3.01%-18.28%8.50%22.45%20.05%-16.93%4.19%
SPY
State Street SPDR S&P 500 ETF		10.13%17.72%24.89%26.18%-18.18%28.73%18.33%31.22%-4.57%0.54%

Correlation

The correlation between VICE and SPY is 0.38, which is low. Their historical price movements had little consistent relationship.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.38

Correlation (3Y)
Balances recent behavior with more history.

0.60

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.68

Correlation (All Time)
Calculated using the full available price history since Dec 13, 2017

0.69

Over the past year, the correlation between VICE and SPY has dropped to 0.38 - well below their long-term average of 0.69, suggesting their price drivers have been diverging.

VICE vs. SPY - Sectors Allocation Comparison

Sectors
VICE
SPY

Consumer Cyclical

45.3%
8.9%

Consumer Defensive

31.2%
4.8%

Communication Services

7.2%
9.7%

Real Estate

6.3%
2.0%

Basic Materials

5.3%
1.9%

Technology

4.7%
36.9%

Energy

-

3.4%

Financial Services

-

12.5%

Healthcare

-

9.4%

Industrials

-

7.6%

Utilities

-

2.6%

Consumer Cyclical

VICE
45.3%
SPY
8.9%

Consumer Defensive

VICE
31.2%
SPY
4.8%

Communication Services

VICE
7.2%
SPY
9.7%

Real Estate

VICE
6.3%
SPY
2.0%

Basic Materials

VICE
5.3%
SPY
1.9%

Technology

VICE
4.7%
SPY
36.9%

Energy

VICE

-

SPY
3.4%

Financial Services

VICE

-

SPY
12.5%

Healthcare

VICE

-

SPY
9.4%

Industrials

VICE

-

SPY
7.6%

Utilities

VICE

-

SPY
2.6%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

AdvisorShares Vice ETF

State Street SPDR S&P 500 ETF

Often compared with VICE:
VICE vs. INDEXVICE vs. PBJVICE vs. RICKVICE vs. PXWIXVICE vs. USAIVICE vs. VGTVICE vs. LVMUY
Often compared with SPY:
SPY vs. QQQSPY vs. VOOSPY vs. BRK-BSPY vs. RSPSPY vs. VTISPY vs. SCHDSPY vs. GLD

Return for Risk

VICE vs. SPY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
VICE
VICE Risk / Return Rank: 66
Overall Rank
VICE Sharpe Ratio Rank: 66
Sharpe Ratio Rank
VICE Sortino Ratio Rank: 66
Sortino Ratio Rank
VICE Omega Ratio Rank: 66
Omega Ratio Rank
VICE Calmar Ratio Rank: 66
Calmar Ratio Rank
VICE Martin Ratio Rank: 77
Martin Ratio Rank
SPY
SPY Risk / Return Rank: 6767
Overall Rank
SPY Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
SPY Sortino Ratio Rank: 6464
Sortino Ratio Rank
SPY Omega Ratio Rank: 6565
Omega Ratio Rank
SPY Calmar Ratio Rank: 6464
Calmar Ratio Rank
SPY Martin Ratio Rank: 7676
Martin Ratio Rank
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.

VICE vs. SPY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AdvisorShares Vice ETF (VICE) and State Street SPDR S&P 500 ETF (SPY). 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.

VICESPYDifference
Sharpe ratioReturn per unit of total volatility
-0.37
1.52

-1.89

Sortino ratioReturn per unit of downside risk
-0.44
2.11

-2.55

Omega ratioGain probability vs. loss probability

0.95

1.27

-0.32

Calmar ratioReturn relative to maximum drawdown

-0.38

2.20

-2.58

Martin ratioReturn relative to average drawdown

-0.63

9.40

-10.03

VICE vs. SPY - Sharpe Ratio Comparison

The current VICE Sharpe Ratio is -0.37, which is lower than the SPY Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of VICE and SPY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

VICE vs. SPY - Drawdown Comparison

The maximum VICE drawdown since its inception was -38.27%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for VICE and SPY.

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Drawdown Indicators

VICESPYDifference

Max Drawdown

Largest peak-to-trough decline

-38.27%

-55.19%

+16.92%

Max Drawdown (1Y)

Largest decline over 1 year

-13.59%

-8.88%

-4.71%

Max Drawdown (3Y)

Largest decline over 3 years

-16.74%

-18.76%

+2.02%

Max Drawdown (5Y)

Largest decline over 5 years

-29.92%

-24.50%

-5.42%

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.72%

—

Current Drawdown

Current decline from peak

-7.11%

-1.40%

-5.71%

Average Drawdown

Average peak-to-trough decline

-12.26%

-9.01%

-3.25%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.17%

2.08%

+6.09%

Volatility

VICE vs. SPY - Volatility Comparison

AdvisorShares Vice ETF (VICE) has a higher volatility of 4.42% compared to State Street SPDR S&P 500 ETF (SPY) at 3.58%. This indicates that VICE's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

VICESPYDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.42%

3.58%

+0.84%

Volatility (6M)

Calculated over the trailing 6-month period

10.14%

10.14%

0.00%

Volatility (1Y)

Calculated over the trailing 1-year period

13.83%

12.89%

+0.94%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.57%

17.18%

+0.39%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.12%

17.95%

+1.17%

VICE vs. SPY - Expense Ratio Comparison

VICE has a 0.99% expense ratio, which is higher than SPY's 0.09% expense ratio.

Dividends

VICE vs. SPY - Dividend Comparison

VICE's dividend yield for the trailing twelve months is around 0.75%, less than SPY's 1.01% yield.

PositionTTM20252024202320222021202020192018201720162015
SPY
State Street SPDR S&P 500 ETF		1.01%1.07%1.21%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%
VICE
AdvisorShares Vice ETF		0.75%0.79%1.46%1.69%0.96%0.99%0.00%2.47%1.72%0.17%0.00%0.00%

Frequently Asked Questions

VICE and SPY have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

VICE has higher volatility (4.42%) compared to SPY (3.58%). In terms of maximum drawdown, VICE dropped -38.27% vs SPY's -55.19%.

On 5-year performance, SPY leads with 12.76% vs 1.67% for VICE. On fees, SPY is cheaper at 0.09% per year. On volatility, SPY has been the lower-risk option at 3.58%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, SPY has performed better with a 12.76% return vs 1.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

SPY is cheaper with a 0.09% expense ratio, compared with 0.99% for VICE.

SPY has the higher dividend yield at 1.01%, compared with 0.75% for VICE.

VICE is categorized as Consumer Discretionary Equities, while SPY is S&P 500. They also come from different issuers: AdvisorShares and State Street. Their fees differ too: 0.99% for VICE and 0.09% for SPY.

SPY currently has the higher Sharpe Ratio (1.52 vs -0.37), 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.

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