What is the expense ratio of SPYG vs VOOG?

SPYG has an expense ratio of 0.04%, while VOOG has an expense ratio of 0.07%.

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

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 0.54%. 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 S&P 500 Growth Index Fund ETF Shares (VOOG) is an exchange-traded fund 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 (35.3% vs 35.4%), tracking closely.

Key Metrics

Metric	SPYG	VOOG
Expense Ratio	0.04%	0.07%
Dividend Yield	0.5%	0.5%
Fund Family	N/A	N/A
Category	US Large Cap Growth	US Large Cap Growth

Performance Chart

Indexed to 100 at start (5-year comparison)

SPYG +74.5%

VOOG +74.4%

Performance Comparison

Period	SPYG	VOOG	Difference
1 Month	+0.13%	+0.06%	+0.07%
3 Months	-3.96%	-4.05%	+0.09%
6 Months	-0.54%	-0.59%	+0.05%
YTD	-2.58%	-2.66%	+0.08%
1 Year	+35.28%	+35.39%	-0.11%
3 Years	+87.62%	+87.64%	-0.02%
5 Years	+74.47%	+74.41%	+0.06%

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	0.42	0.42

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

Name	Weight
NVIDIA CorporationNVDA	14.49%
Microsoft CorporationMSFT	9.10%
Apple Inc.AAPL	6.22%
Broadcom Inc.AVGO	5.44%
Alphabet Inc.GOOG	4.82%
Meta Platforms, Inc.META	4.39%
Amazon.com, Inc.AMZN	3.75%
Berkshire Hathaway Inc.BRK.B	2.88%
Eli Lilly and CompanyLLY	2.47%

VOOG Top Holdings

Name	Weight
NVIDIA CorporationNVDA	14.15%
Microsoft CorporationMSFT	9.59%
Apple Inc.AAPL	6.41%
Broadcom Inc.AVGO	4.96%
Alphabet Inc.GOOG	4.76%
Meta Platforms, Inc.META	4.64%
Amazon.com, Inc.AMZN	3.56%
Berkshire Hathaway Inc.BRK.B	3.04%
Eli Lilly and CompanyLLY	2.74%

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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