ETF Versus

SPLG vs SPSM

State Street SPDR Portfolio S&P 500 ETF vs State Street SPDR Portfolio S&P 600 Small Cap ETF

Last updated: 2026-04-02

SPLG

State Street SPDR Portfolio S&P 500 ETF (SPLG) is an exchange-traded fund that provides exposure to large-cap U.S. equities across growth and value styles. Launched in 2009, the fund has a 17-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 2009-01-02
SPSM

State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM) is an exchange-traded fund that provides exposure to small-cap U.S. equities with higher growth potential and volatility. Launched in 2013, the fund has a 13-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 2013-07-09

Quick Verdict

SPSM has edged ahead over the past year (17.2% vs 16.2%).

Key Metrics

Metric SPLG SPSM
Expense Ratio N/A N/A
Dividend Yield N/A N/A
Fund Family N/A N/A
Category US Large Cap Blend US Small Cap

Performance Chart

Indexed to 100 at start (5-year comparison)

80 99 118 137 156 175 2021-04 2022-06 2023-09 2024-12 2026-04
SPLG +61.4%
SPSM +13.0%

Performance Comparison

Period SPLG SPSM Difference
1 Month -3.66% -3.42% -0.24%
3 Months -4.07% +2.83% -6.90%
6 Months -2.39% +4.15% -6.54%
YTD -4.07% +2.83% -6.90%
1 Year +16.16% +17.20% -1.04%
3 Years +59.57% +28.78% +30.79%
5 Years +61.44% +12.96% +48.48%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SPLG Fees SPSM Fees You Save
$10,000 10 years $0 $0 $0
$10,000 20 years $0 $0 $0
$10,000 30 years $0 $0 $0
$50,000 10 years $0 $0 $0
$50,000 30 years $0 $0 $0
$100,000 30 years $0 $0 $0

Risk Metrics

Based on 5 years of daily returns

Metric SPLG SPSM
Annualized Volatility 16.8% 21.5%
Max Drawdown -25.4% -28.7%
Sharpe Ratio 0.39 0.01

Dividend Comparison

Metric SPLG SPSM
Annual Dividend (per share) $0.88 $0.77
Dividend Yield 1.15% 1.58%
Distribution Frequency Quarterly Quarterly

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