ETF Versus

SPSM vs VONV

State Street SPDR Portfolio S&P 600 Small Cap ETF vs Vanguard Russell 1000 Value Index Fund ETF Shares

Last updated: 2026-04-02

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
VONV

Vanguard Russell 1000 Value Index Fund ETF Shares (VONV) is an exchange-traded fund that provides exposure to large-cap U.S. value stocks trading at below-market valuations. Launched in 2010, the fund has a 16-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 2010-09-22

Quick Verdict

SPSM has edged ahead over the past year (17.2% vs 13.5%).

Key Metrics

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

Performance Chart

Indexed to 100 at start (5-year comparison)

80 94 108 122 136 150 2021-04 2022-06 2023-09 2024-12 2026-04
SPSM +13.0%
VONV +39.4%

Performance Comparison

Period SPSM VONV Difference
1 Month -3.42% -3.32% -0.10%
3 Months +2.83% +1.28% +1.55%
6 Months +4.15% +4.67% -0.52%
YTD +2.83% +1.28% +1.55%
1 Year +17.20% +13.48% +3.72%
3 Years +28.78% +40.36% -11.58%
5 Years +12.96% +39.42% -26.46%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SPSM Fees VONV 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 SPSM VONV
Annualized Volatility 21.5% 14.8%
Max Drawdown -28.7% -20.2%
Sharpe Ratio 0.01 0.22

Dividend Comparison

Metric SPSM VONV
Annual Dividend (per share) $0.77 $1.71
Dividend Yield 1.58% 1.81%
Distribution Frequency Quarterly Quarterly

Which One Should You Choose?

Choose SPSM if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

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