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ETF Comparisons

VOO vs. SPY

Vanguard S&P 500 ETF

VOO
$--
vs

SPDR S&P 500 ETF Trust

SPY
$--

Correlation

1.00

Compare with

Top 10 comparisons with VOO:
Compare:
VOO
Correlation
With:
SPY
SPDR S&P 500 ETF Trust
1.00
SwitchIVVBlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF1.00SPYSSgA Active Trust - SPDR S&P 500 ETF Trust1.00SSOProShares Trust - ProShares Ultra S&P500 2x Shares1.00SPXLDirexion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares1.00UPROProShares Trust - ProShares UltraPro S&P 500 ETF 3x Shares1.00SPLGSPDR Series Trust - SPDR Portfolio S&P 500 ETF1.00SCHXSchwab Strategic Trust - Schwab U.S. Large-Cap ETF1.00VVVanguard Group, Inc. - Vanguard Large Cap ETF1.00ESGUiShares Trust - iShares Trust iShares ESG Aware MSCI USA ETF1.00SPUUDirexion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares1.00

Top 10 shared holdings

Invest with VOO
Learn more about SPY
VOOVanguard S&P 500 ETF
SPYSPDR S&P 500 ETF Trust

What is VOO?

Invests in stocks in the S&P 500 Index representing 500 of the largest U.S. companies. Goal is to closely track the index return which is considered a gauge of overall U.S. stock returns. Offers high potential for investment growth; share value rises and falls more sharply than that of funds holding bonds. More appropriate for long-term goals where your moneys growth is essential.

Snapshot
**

VOO Vanguard S&P 500 ETF
SPY SPDR S&P 500 ETF Trust
Inception date
Sep 07 2010
Jan 22 1993
Expense ratio
0.03%
0.09%
VOO has a lower expense ratio than SPY by 0.06%. This can indicate that it’s cheaper to invest in VOO than SPY.
Type
US Equities
US Equities
VOO targets investing in US Equities, while SPY targets investing in US Equities.
Fund owner
Vanguard
State Street (SPDR)
VOO is managed by Vanguard, while SPY is managed by State Street (SPDR).
Volume (1m avg. daily)
$1,621,694,598
$33,257,618,740
Both VOO and SPY are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$325,714,712,538
$400,404,126,565
VOO has more assets under management than SPY by $74,689,414,027. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
S&P 500 Index
S&P 500 Index
VOO is based off of the S&P 500 Index, while SPY is based off of the S&P 500 Index
Inverse/Leveraged
No
No
VOO and SPY use the same leverage ratio. Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.
Passive/Active
Passive
Passive
VOO and SPY both use a Passive investing strategy. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.
Dividend
No
No
VOO and SPY may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
View
View
SPY may issue a K1, while VOO does not. You can find non-K1 alternatives for SPY in its “Related ETFs” section.
VOO and SPY’s Correlation
When ETFs are correlated, there are 3 main topics to analyze that will help you build your automated trading strategy: liquidity, expense, and risk.
  • Liquidity: In an active trading strategy (trading multiple time per week), it’s important to consider the liquidity of the ETF you’re using. Lower liquidity can mean more money lost in slippage. AUM and average daily volume are both indicators of liquidity.
  • Expense: Some ETFs are more expensive to use than others. For strategies that are focused on longer holding periods, it’s important to factor in how expensive it is to hold this ETF. Expense ratio is the main indicator of how expensive an ETF is.
  • Risk: Some ETFs will be highly correlated, but have varying degrees of returns, due to leverage. It’s important to consider if an ETF is using leverage or not. The main indicators of a riskier ETF will be the use of leverage and higher standard deviation or max drawdown in a backtest.

Automated Strategies
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#SPYMIN

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Category

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Risk Rating

Aggressive

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Related toSPY

#DSS

Diversify with Sin Stocks

Category

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Risk Rating

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Create your own algorithmic
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Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.