ETF Versus

SPYV vs XLF

State Street SPDR Portfolio S&P 500 Value ETF vs State Street Financial 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
XLF State Street

State Street Financial Select Sector SPDR ETF (XLF) is an exchange-traded fund issued by State Street that provides exposure to us sector - financials securities. It charges a low expense ratio of 0.09%. The fund offers a moderate dividend yield of 1.60%. Launched in 1998, the fund has a 28-year track record.

AUM: N/A ER: 0.09% Yield: 1.60% Since: 1998-12-22

Quick Verdict

SPYV has a slightly lower expense ratio (0.04% vs 0.09%), saving about $99 per $10,000 over 10 years. Over the past year, SPYV has significantly outperformed with a 10.5% return vs -1.3%.

Key Metrics

Metric SPYV XLF
Expense Ratio 0.04% 0.09%
Dividend Yield 1.8% 1.6%
Fund Family State Street State Street
Category US Large Cap Value US Sector - Financials

Performance Chart

Indexed to 100 at start (5-year comparison)

85 101 117 133 149 165 2021-04 2022-06 2023-10 2024-12 2026-04
SPYV +47.1%
XLF +42.5%

Performance Comparison

Period SPYV XLF Difference
1 Month -3.85% -3.34% -0.51%
3 Months -0.53% -9.89% +9.36%
6 Months +1.52% -7.82% +9.34%
YTD -0.53% -9.89% +9.36%
1 Year +10.49% -1.32% +11.81%
3 Years +39.08% +53.68% -14.60%
5 Years +47.13% +42.49% +4.64%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SPYV Fees XLF 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 XLF
Annualized Volatility 14.4% 18.7%
Max Drawdown -19.1% -26.9%
Sharpe Ratio 0.30 0.23

Dividend Comparison

Metric SPYV XLF
Annual Dividend (per share) $1.03 $0.79
Dividend Yield 1.82% 1.60%
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 SPYV if...

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

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