What does it mean when an ETF’s index tracked is listed as 'not available'?

When an ETF’s index tracked is listed as 'not available,' it means the specific benchmark the fund follows is not disclosed in the provided data. This does not imply the ETF lacks an objective or methodology; rather, the details are simply not specified. Investors should note that both SPYG and VOO show 'not available' for this field, so comparisons based on index composition or methodology cannot be made from the given information alone.

How do expense ratios work for ETFs, and why is the difference important?

An expense ratio is the annual fee charged by an ETF, expressed as a percentage of assets. For SPYG, it is 0.04%, while VOO charges 0.03%. A 0.01 percentage point difference may seem small, but over time, fees compound and reduce net returns. For example, on a $10,000 investment, SPYG would cost $4 annually versus $3 for VOO. While the absolute difference is modest, lower fees generally benefit long-term investors by preserving more of their returns.

Why are sector weights listed as 'not available' for both funds?

The data indicates that sector weights are 'not available' for both SPYG and VOO. This means the precise allocation across economic sectors (like technology or healthcare) is not disclosed. Sector weights are important for understanding concentration risk. Without this information, investors cannot fully assess how diversified each fund is beyond its top holdings. Users comparing these ETFs must rely on other metrics like expense ratios, dividend yields, and top holdings, as sector breakdowns cannot be verified from the provided data.

How do the top holdings of SPYG and VOO compare?

Both funds share many major holdings, including NVDA, MSFT, AAPL, GOOGL, AVGO, GOOG, META, AMZN, and MU. However, their weighting differs. NVDA constitutes 14.78% of SPYG versus 8.08% of VOO. Conversely, VOO includes TSLA at 1.57%, which is not in SPYG’s top ten. These differences reflect SPYG’s focus on growth stocks, which tend to have higher price volatility and potential for appreciation compared to the broader market representation of VOO.

What is the difference in dividend yields between SPYG and VOO?

VOO has a dividend yield of 1.03%, which is higher than SPYG’s 0.47%. This reflects the typical behaviour of large-cap growth stocks versus broad-market index funds. Investors focused on immediate income might find VOO’s yield more attractive, while those prioritizing capital appreciation may accept SPYG’s lower yield. Both yields are relatively modest compared to income-specific funds, so neither is ideal for investors seeking high regular cash flow.

How do the expense ratios of SPYG and VOO differ?

VOO has an expense ratio of 0.03%, while SPYG’s expense ratio is 0.04%. This results in a difference of 0.01 percentage points. Lower expense ratios can potentially improve net returns over time, making VOO marginally more cost-efficient. Both fees are considered low in the context of broad-market ETFs. The difference is small in absolute terms but may be a factor for cost-conscious investors when comparing long-term investment expenses.

What is the difference in assets under management between SPYG and VOO?

VOO has $1.08 trillion in net assets, while SPYG has $55.0 billion. VOO is significantly larger, reflecting its broad-market appeal and high liquidity. The larger asset base of VOO generally facilitates easier trading with tighter bid-ask spreads. SPYG, while smaller, remains a substantial fund with high assets under management, indicating it is well-established and liquid for most retail investors.

How do SPYG and VOO differ in fund category and inception?

SPYG, categorized as Large Growth, was launched on September 25, 2000. VOO, categorized as Large Blend, began on September 7, 2010. The category difference explains their investment focus: SPYG targets companies with strong growth prospects, while VOO tracks a broader market segment. Despite different launch dates, both funds are well-established. SPYG’s longer history may offer more data on performance through various market cycles compared to VOO’s more recent inception.

Does the size of an ETF affect its suitability for beginners?

Larger ETFs like VOO, with $1.08 trillion in net assets, typically offer high liquidity and tighter bid-ask spreads, which can reduce transaction costs. SPYG, with $55.0 billion in net assets, is also substantial and liquid. While size can affect trading ease and cost, smaller funds are not necessarily risky for beginners. Liquidity depends on both assets and trading volume. For most retail investors, both funds are sufficiently large for straightforward trading.

Which fund is better for an investor focused on long-term growth?

SPYG, with its Large Growth category, is designed to capture companies expected to grow earnings faster than the market. Its top holdings include NVDA at 14.78%, higher than VOO’s 8.08%, indicating a concentration in high-growth sectors. However, growth stocks can be more volatile. Neither fund is universally 'better'; suitability depends on the investor’s risk tolerance. Educational resources suggest examining both expense ratios and yield differences before deciding.

What does the difference in inception dates imply for performance history?

SPYG was launched on September 25, 2000, giving it a longer track record than VOO, which began on September 7, 2010. A longer history allows investors to assess performance through different economic cycles, such as the dot-com bust and 2008 financial crisis. VOO’s shorter history may mean less data on how it handles prolonged downturns. However, past performance is not indicative of future results, so investors should consider this data alongside current expense ratios and yields.

Are sector weights important for understanding an ETF’s risk profile?

Yes, sector weights reveal how concentrated a fund is in specific industries. For example, if a large portion of assets is in technology, a sector downturn could significantly impact returns. Both SPYG and VOO have 'not available' sector weights in the data, limiting this analysis. Without disclosure, investors must infer concentration from top holdings. NVDA, MSFT, and AAPL dominate both funds, suggesting tech exposure is a key risk factor regardless of the exact weights.

SPYG vs VOO

Two funds, one decision: we compare cost, performance and what each ETF actually holds in September 2026.

Compare SPDR Portfolio S&P 500 Growth ETF (SPYG) and S&P 500 Vanguard ETF (VOO) on fees, holdings and dividends. Review expense ratios of 0.04% and 0.03%, dividend yields of 0.47% and 1.03%, and shared major holdings like NVDA, MSFT and AAPL. Understand how each fund tracks its index and market sector. Educational content, not financial advice.

Fund Snapshot

Key Fund Metrics

SPYG

Metric

VOO

0.04%

Expense Ratio

0.03%

0.47%

Dividend Yield

1.03%

$55.00B

Net Assets

$1.08T

153

Holdings

516

Sep 25, 2000

Inception Date

Sep 7, 2010

–

Index Tracked

–

Large Growth

Fund Category

Large Blend

VOO costs about $1.00 less per year for every $10,000 invested.

Shared Top Holdings

Holding	SPYG	VOO
NVDANVIDIA Corporation	14.78%	8.08%
MSFTMicrosoft Corporation	10.07%	5.70%
AAPLApple Inc.	6.74%	7.03%
GOOGLAlphabet Inc.	5.64%	3.01%
AVGOBroadcom Inc.	4.67%	2.65%
GOOGAlphabet Inc.	4.50%	2.40%
METAMeta Platforms, Inc.	4.03%	1.90%
AMZNAmazon.com, Inc.	3.63%	3.84%
MUMicron Technology, Inc.	3.15%	1.63%

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SPYG vs VOOG

Compare SPYG and VOOG ETFs. We review expense ratios, net assets, dividend yields and top holdings. Both track large growth stocks with similar portfolios.

Investment Analysis

SPYG

Pros

Invests in growth stocks of large companies for potential appreciation.
Its expense ratio is low at 0.04 percent of assets annually.
The fund has a very high amount of assets under management.

Considerations

Its dividend yield is only 0.47 percent, which is quite low.
The fund does not disclose sector weights, limiting transparency for investors.
Its index tracked information is not available, leaving uncertainty about methodology.

VOO

Pros

Invests in large, well-known companies across all sectors.
Its expense ratio is exceptionally low at 0.03 percent annually.
The fund has enormous assets under management, indicating high liquidity.

Considerations

Its dividend yield is 1.03 percent, which may not satisfy high-income
Needs investors seeking income-focused investments, as its yields are generally modest.
The fund also lacks disclosed sector weights, limiting transparency.

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About SPYG and VOO

SPYG (SPYG)

The SPDR Portfolio S&P 500 Growth ETF offers investors a streamlined way to access large-cap companies within the S&P 500 index that exhibit growth characteristics. With an exceptionally low expense ratio of just 0.04%, this fund prioritises cost efficiency, making it an attractive option for long-term investors seeking broad exposure to growth-oriented sectors. Holding 153 stocks, it provides diversification across key growth leaders while maintaining a manageable portfolio size. Although its dividend yield of 0.47% is modest compared to income-focused funds, the primary aim here is capital appreciation driven by companies expected to outpace average market growth. As with any equity investment, values can rise and fall, and returns are not guaranteed. Investors should consider their own risk tolerance and investment objectives before allocating funds to this ETF, ensuring it aligns with their overall portfolio strategy.

VOO (VOO)

VOO is Vanguard’s exchange-traded fund designed to track the S&P 500 Index, offering broad exposure to about 500 of the largest publicly traded US companies. It aims to replicate the index’s performance minus fees by holding the same stocks in similar proportions, making it a straightforward, passive way to access large‑cap US equities. Investors commonly use VOO as a core holding for long‑term growth or as a simple building block in a diversified portfolio. It typically offers high liquidity and regular dividend distributions from underlying companies. As with any equity investment, VOO’s value can rise or fall with the market, and past performance is not a guide to future returns. Fees, trading costs and potential tracking error reduce returns slightly. This information is general and educational only and not personalised financial advice — consider your own circumstances or speak to a qualified adviser before investing.

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SPYG vs VOO

Fund Snapshot