ETF Versus

SPYV vs XLC

State Street SPDR Portfolio S&P 500 Value ETF vs State Street Communication Services Select Sector SPDR ETF

Last updated: 2026-04-02

SPYV State Street

State Street SPDR Portfolio S&P 500 Value ETF (SPYV) is an exchange-traded fund issued by State Street 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: N/A ER: 0.04% Yield: 1.82% Since: 2000-10-02
XLC State Street

State Street Communication Services Select Sector SPDR ETF (XLC) is an exchange-traded fund issued by State Street that provides exposure to us sector - communication securities. It charges a low expense ratio of 0.09%. The fund offers a moderate dividend yield of 1.25%. Launched in 2018, the fund has a 8-year track record.

AUM: N/A ER: 0.09% Yield: 1.25% Since: 2018-06-19

Quick Verdict

SPYV has a slightly lower expense ratio (0.04% vs 0.09%), saving about $99 per $10,000 over 10 years. XLC has edged ahead over the past year (15.0% vs 10.5%). Income investors may prefer SPYV for its higher yield (1.8% vs 1.3%).

Key Metrics

Metric SPYV XLC
Expense Ratio 0.04% 0.09%
Dividend Yield 1.8% 1.3%
Fund Family State Street State Street
Category US Large Cap Value US Sector - Communication

Performance Chart

Indexed to 100 at start (5-year comparison)

60 80 100 120 140 160 2021-04 2022-06 2023-10 2024-12 2026-04
SPYV +47.1%
XLC +46.3%

Performance Comparison

Period SPYV XLC Difference
1 Month -3.85% -5.56% +1.71%
3 Months -0.53% -4.70% +4.17%
6 Months +1.52% -4.39% +5.91%
YTD -0.53% -4.70% +4.17%
1 Year +10.49% +15.02% -4.53%
3 Years +39.08% +91.38% -52.30%
5 Years +47.13% +46.29% +0.84%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SPYV Fees XLC Fees You Save
$10,000 10 years $80 $179 $99
$10,000 20 years $344 $771 $427
$10,000 30 years $1,112 $2,486 $1,373
$50,000 10 years $399 $896 $497
$50,000 30 years $5,560 $12,428 $6,867
$100,000 30 years $11,121 $24,855 $13,734

Risk Metrics

Based on 5 years of daily returns

Metric SPYV XLC
Annualized Volatility 14.4% 20.7%
Max Drawdown -19.1% -47.2%
Sharpe Ratio 0.30 0.26

Dividend Comparison

Metric SPYV XLC
Annual Dividend (per share) $1.03 $1.40
Dividend Yield 1.82% 1.25%
Distribution Frequency Quarterly Quarterly

Which One Should You Choose?

Choose SPYV if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose XLC 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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