SPYG vs SPYV: Head-to-Head Comparison

Side-by-Side Comparison

Key Differences Between SPYG and SPYV

SPYG (SPDR Portfolio S&P 500 Growth ETF) is a us large-cap growth fund managed by State Street. SPYG tracks the S&P 500 Growth Index, offering exposure to the growth-oriented half of the S&P 500 at an ultra-low expense ratio of just 0.04%. It selects stocks based on sales growth, earnings growth relative to price, and price momentum. For cost-conscious growth investors, SPYG delivers nearly identical exposure to pricier alternatives at a fraction of the cost.

SPYV (SPDR Portfolio S&P 500 Value ETF) is a us large-cap value fund managed by State Street. SPYV tracks the S&P 500 Value Index, which selects value-oriented stocks from the S&P 500 based on book value, earnings, and sales ratios relative to price. At just 0.04% in fees, it is one of the cheapest ways to get pure large-cap value exposure. The fund favors financially stable, established companies that trade at reasonable valuations relative to their fundamentals.

The most notable differences are in fees (0.04% vs 0.04%), number of holdings (230 vs 440), and 5-year returns (17.50% vs 9.50%).

Holdings Overlap Analysis

SPYG and SPYV share only 0% of their top holdings. These funds are quite different, making them complementary choices if you want broader market coverage.

Cost Comparison Over Time

If you invest $10,000 and hold for 20 years (assuming 8% annual returns):

Over 20 years, the fee difference amounts to $0 on a $10,000 investment. The cost difference is negligible — choose based on other factors.

Which One Should a Beginner Choose?

Choose SPYG if: You want budget-conscious growth investors who want the cheapest possible s&p 500 growth exposure, investors building factor-based portfolios pairing growth and value etfs, young savers in retirement accounts who prioritize long-term capital appreciation. It's managed by State Street with an expense ratio of 0.04%.

Choose SPYV if: You want fee-sensitive investors wanting the cheapest s&p 500 value exposure available, tactical investors pairing spyv with spyg for customizable growth/value allocations, income-oriented investors who also want capital appreciation from undervalued stocks. It's managed by State Street with an expense ratio of 0.04%.

Can You Own Both SPYG and SPYV?

Absolutely! With only 0% overlap, SPYG and SPYV complement each other well. A simple portfolio might allocate 60% to one and 40% to the other, or you could pair them with a bond ETF like BND for a complete three-fund portfolio.

Frequently Asked Questions