ETF Versus

SPYG vs SPYV

State Street SPDR Portfolio S&P 500 Growth ETF vs State Street SPDR Portfolio S&P 500 Value ETF

Last updated: 2026-04-02

State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) is an exchange-traded fund 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 0.57%. Launched in 2000, the fund has a 26-year track record.

AUM: $40.3B ER: 0.04% Yield: 0.57% Since: Sep 25, 2000

State Street SPDR Portfolio S&P 500 Value ETF (SPYV) is an exchange-traded fund that provides exposure to large-cap U.S. value stocks trading at below-market valuations. It charges a very low expense ratio of 0.04%. The fund offers a moderate dividend yield of 1.82%. Launched in 2000, the fund has a 26-year track record.

AUM: $31.2B ER: 0.04% Yield: 1.82% Since: Sep 25, 2000

Quick Verdict

Over the past year, SPYG has significantly outperformed with a 22.5% return vs 11.0%. Income investors may prefer SPYV for its higher yield (1.8% vs 0.6%).

Key Metrics

Metric SPYG SPYV
Expense Ratio 0.04% 0.04%
Dividend Yield 0.6% 1.8%
Fund Family N/A N/A
Category US Large Cap Growth US Large Cap Value

Performance Chart

Indexed to 100 at start (5-year comparison)

80 102 124 146 168 190 2021-04 2022-06 2023-09 2024-12 2026-04
SPYG +69.9%
SPYV +47.1%

Performance Comparison

Period SPYG SPYV Difference
1 Month -4.37% -4.68% +0.31%
3 Months -7.07% -0.54% -6.53%
6 Months -5.37% +1.71% -7.08%
YTD -7.07% -0.54% -6.53%
1 Year +22.54% +10.97% +11.57%
3 Years +78.00% +39.05% +38.95%
5 Years +69.92% +47.10% +22.82%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SPYG Fees SPYV Fees You Save
$10.000 10 years $80 $80 $0
$10.000 20 years $344 $344 $0
$10.000 30 years $1.112 $1.112 $0
$50.000 10 years $399 $399 $0
$50.000 30 years $5.560 $5.560 $0
$100.000 30 years $11.121 $11.121 $0

Risk Metrics

Based on 5 years of daily returns

Metric SPYG SPYV
Annualized Volatility 21.1% 14.4%
Max Drawdown -33.1% -19.1%
Sharpe Ratio 0.40 0.30

Dividend Comparison

Metric SPYG SPYV
Annual Dividend (per share) $0.56 $1.03
Dividend Yield 0.57% 1.82%
Distribution Frequency Quarterly Quarterly

Top Holdings

2 of top 9 holdings overlap (22% overlap in top holdings)

SPYG Top Holdings

NameWeight
NVIDIA CorporationNVDA14.62%
Microsoft CorporationMSFT9.48%
Apple Inc.AAPL6.43%
Broadcom Inc.AVGO5.06%
Alphabet Inc.GOOG4.63%
Meta Platforms, Inc.META4.32%
Amazon.com, Inc.AMZN3.72%
Berkshire Hathaway Inc.BRK.B3.03%
Eli Lilly and CompanyLLY2.51%

SPYV Top Holdings

NameWeight
Apple Inc.AAPL6.90%
Amazon.com, Inc.AMZN3.54%
Exxon Mobil CorporationXOM2.63%
Walmart Inc.WMT2.02%
Costco Wholesale CorporationCOST1.64%
Tesla, Inc.TSLA1.47%
Chevron CorporationCVX1.44%
The Procter & Gamble CompanyPG1.24%
The Home Depot, Inc.HD1.21%
Bank of America CorporationBAC1.20%

Which One Should You Choose?

Choose SPYG if...

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

Choose SPYV if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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