ETF Versus

SPYG vs VOOG

State Street SPDR Portfolio S&P 500 Growth ETF vs Vanguard S&P 500 Growth Index Fund ETF Shares

Last updated: 2026-04-10

SPYG SPDR

State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) is an exchange-traded fund issued by SPDR that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a very low expense ratio of 0.04%. The fund offers a modest dividend yield of 0.54%. Launched in 2000, the fund has a 26-year track record.

AUM: $44.2B ER: 0.04% Yield: 0.54% Since: Sep 25, 2000
VOOG Vanguard

Vanguard S&P 500 Growth Index Fund ETF Shares (VOOG) is an exchange-traded fund issued by Vanguard that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a low expense ratio of 0.07%. The fund offers a modest dividend yield of 0.51%. Launched in 2010, the fund has a 16-year track record.

AUM: $21.9B ER: 0.07% Yield: 0.51% Since: Sep 7, 2010

Quick Verdict

SPYG has a slightly lower expense ratio (0.04% vs 0.07%), saving about $60 per $10,000 over 10 years. Both funds have delivered similar 1-year returns (36.0% vs 36.1%), tracking closely.

Key Metrics

Metric SPYG VOOG
Expense Ratio 0.04% 0.07%
Dividend Yield 0.5% 0.5%
Fund Family SPDR Vanguard
Category US Large Cap Growth US Large Cap Growth

Performance Chart

Indexed to 100 at start (5-year comparison)

80 101 122 143 164 185 2021-04 2022-07 2023-10 2025-01 2026-04
SPYG +75.3%
VOOG +75.3%

Performance Comparison

Period SPYG VOOG Difference
1 Month +0.63% +0.59% +0.04%
3 Months -3.48% -3.55% +0.07%
6 Months -0.04% -0.07% +0.03%
YTD -2.09% -2.15% +0.06%
1 Year +35.95% +36.11% -0.16%
3 Years +88.56% +88.63% -0.07%
5 Years +75.34% +75.33% +0.01%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SPYG Fees VOOG Fees You Save
$10,000 10 years $80 $140 $60
$10,000 20 years $344 $600 $256
$10,000 30 years $1,112 $1,938 $826
$50,000 10 years $399 $698 $298
$50,000 30 years $5,560 $9,692 $4,131
$100,000 30 years $11,121 $19,383 $8,263

Risk Metrics

Based on 5 years of daily returns

Metric SPYG VOOG
Annualized Volatility 21.1% 21.2%
Max Drawdown -33.1% -33.1%
Sharpe Ratio 0.43 0.43

Dividend Comparison

Metric SPYG VOOG
Annual Dividend (per share) $0.56 $2.21
Dividend Yield 0.54% 0.51%
Distribution Frequency Quarterly Quarterly

Top Holdings

9 of top 9 holdings overlap (100% overlap in top holdings)

SPYG Top Holdings

NameWeight
NVIDIA CorporationNVDA14.49%
Microsoft CorporationMSFT9.10%
Apple Inc.AAPL6.22%
Broadcom Inc.AVGO5.44%
Alphabet Inc.GOOG4.82%
Meta Platforms, Inc.META4.39%
Amazon.com, Inc.AMZN3.75%
Berkshire Hathaway Inc.BRK.B2.88%
Eli Lilly and CompanyLLY2.47%

VOOG Top Holdings

NameWeight
NVIDIA CorporationNVDA14.15%
Microsoft CorporationMSFT9.59%
Apple Inc.AAPL6.41%
Broadcom Inc.AVGO4.96%
Alphabet Inc.GOOG4.76%
Meta Platforms, Inc.META4.64%
Amazon.com, Inc.AMZN3.56%
Berkshire Hathaway Inc.BRK.B3.04%
Eli Lilly and CompanyLLY2.74%

Which One Should You Choose?

Choose SPYG if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Either works if...

you just need broad us large cap growth exposure. Both are solid options — pick whichever your brokerage offers commission-free.

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