ETF Versus

SPYV vs VBR

State Street SPDR Portfolio S&P 500 Value ETF vs Vanguard Small-Cap Value Index Fund ETF Shares

Last updated: 2026-04-02

SPYV

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. Launched in 2000, the fund has a 26-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 2000-10-02
VBR

Vanguard Small-Cap Value Index Fund ETF Shares (VBR) is an exchange-traded fund that provides exposure to us small cap value securities. Launched in 2004, the fund has a 22-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 2004-01-30

Quick Verdict

VBR has edged ahead over the past year (15.0% vs 10.5%).

Key Metrics

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

Performance Chart

Indexed to 100 at start (5-year comparison)

85 99 113 127 141 155 2021-04 2022-06 2023-09 2024-12 2026-04
SPYV +47.1%
VBR +29.6%

Performance Comparison

Period SPYV VBR Difference
1 Month -3.87% -4.01% +0.14%
3 Months -0.54% +1.73% -2.27%
6 Months +1.51% +3.54% -2.03%
YTD -0.54% +1.73% -2.27%
1 Year +10.47% +15.02% -4.55%
3 Years +39.05% +37.32% +1.73%
5 Years +47.10% +29.61% +17.49%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SPYV Fees VBR 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 SPYV VBR
Annualized Volatility 14.4% 19.9%
Max Drawdown -19.1% -25.1%
Sharpe Ratio 0.30 0.14

Dividend Comparison

Metric SPYV VBR
Annual Dividend (per share) $1.03 $4.14
Dividend Yield 1.82% 1.90%
Distribution Frequency Quarterly Quarterly

Which One Should You Choose?

Choose VBR if...

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

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