ETF Versus

SPYV vs XLK

State Street SPDR Portfolio S&P 500 Value ETF vs State Street Technology 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
XLK State Street

State Street Technology Select Sector SPDR ETF (XLK) is an exchange-traded fund issued by State Street that provides exposure to us sector - technology securities. It charges a low expense ratio of 0.09%. The fund offers a modest dividend yield of 0.56%. Launched in 1998, the fund has a 28-year track record.

AUM: N/A ER: 0.09% Yield: 0.56% 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, XLK has significantly outperformed with a 29.4% return vs 10.5%. Income investors may prefer SPYV for its higher yield (1.8% vs 0.6%).

Key Metrics

Metric SPYV XLK
Expense Ratio 0.04% 0.09%
Dividend Yield 1.8% 0.6%
Fund Family State Street State Street
Category US Large Cap Value US Sector - Technology

Performance Chart

Indexed to 100 at start (5-year comparison)

80 108 136 164 192 220 2021-04 2022-06 2023-10 2024-12 2026-04
SPYV +47.1%
XLK +96.1%

Performance Comparison

Period SPYV XLK Difference
1 Month -3.85% -1.40% -2.45%
3 Months -0.53% -6.04% +5.51%
6 Months +1.52% -5.72% +7.24%
YTD -0.53% -6.04% +5.51%
1 Year +10.49% +29.41% -18.92%
3 Years +39.08% +79.85% -40.77%
5 Years +47.13% +96.09% -48.96%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SPYV Fees XLK 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 XLK
Annualized Volatility 14.4% 24.7%
Max Drawdown -19.1% -34.0%
Sharpe Ratio 0.30 0.49

Dividend Comparison

Metric SPYV XLK
Annual Dividend (per share) $1.03 $0.77
Dividend Yield 1.82% 0.56%
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 XLK 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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