What are the expense ratios for SPYV and VOO, and what does the difference in percentage points represent?

SPYV has an expense ratio of 0.04%, while VOO's is 0.03%. The difference is 0.01 percentage points. This represents the annual management fee each fund charges investors as a percentage of their investment. Although this difference appears small, over long periods, even a minimal variance in fees can influence the net return an investor retains from their capital.

How do expense ratios impact the long-term performance of ETFs like SPYV and VOO?

Expense ratios are deducted annually from an ETF's assets, reducing the net value available to shareholders. For SPYV at 0.04% and VOO at 0.03%, the 0.01 percentage point difference means VOO retains slightly more assets relative to its size each year. Over decades, this compounding effect on fees can result in a meaningful distinction in the total accumulated value, all else being equal.

What specific market segments do SPYV and VOO track based on their fund categories?

SPYV is categorized as a Large Value ETF, focusing on large-capitalisation companies that appear undervalued relative to their fundamentals. VOO is a Large Blend ETF, tracking the broader S&P 500 index which includes a mix of growth and value large-cap stocks. Their index tracked data is not available, but their categories clearly define their distinct investment exposures and underlying strategies.

Are there any overlapping top holdings between SPYV and VOO?

Yes, both funds share three top-10 holdings: AAPL, AMZN, and TSLA. However, their overall portfolio compositions differ significantly due to their distinct strategies. SPYV also includes value-oriented stocks like XOM, INTC, and BAC in its top holdings, whereas VOO features a broader array of market-leading firms such as NVDA, MSFT, and GOOGL, reflecting its Large Blend classification.

What are the primary differences in the investment goals associated with SPYV and VOO?

SPYV, as a Large Value ETF, is typically associated with investors seeking exposure to established companies that trading below intrinsic value or offer higher income potential through dividends. VOO, a Large Blend ETF, generally targets investors seeking broad-market exposure to the entire S&P 500, aiming for performance that mirrors the overall US large-cap equity market without focusing on a specific style factor like value.

How do the dividend yields of SPYV and VOO compare according to the provided data?

SPYV reports a dividend yield of 1.69%, which is higher than VOO's yield of 1.03%. This difference reflects the composition of their underlying portfolios; value stocks often pay higher dividends than growth-oriented companies that frequently reinvest earnings. Investors looking at income generation may note this distinction, though yields can fluctuate as share prices change and companies adjust their payout policies over time.

How do ETFs distribute dividends to shareholders?

ETFs generally collect dividends from the underlying stocks they hold and then distribute these earnings to shareholders on a regular schedule, such as quarterly. The net assets and dividend yield provided in the fund data, like SPYV's 1.69% or VOO's 1.03%, represent the trailing yield based on recent distributions relative to the current share price. These distributions are subject to change.

What is the size difference between SPYV and VOO in terms of net assets?

VOO is significantly larger, with net assets of $1.08 trillion, compared to SPYV's $36.3 billion. This vast difference in scale is common, as VOO tracks the broad S&P 500, attracting global investors seeking market exposure, while SPYV serves a more specific large-cap value niche. Despite the size gap, both funds maintain low expense ratios and provide liquidity to investors.

When were SPYV and VOO launched, and how does inception date affect fund history?

SPYV was launched on 25 September 2000, while VOO began trading on 7 September 2010. The older inception date of SPYV means it has a longer operational history through various market cycles. However, comparing performance over specific recent periods requires aligning the timeframes, as VOO's track record began a decade after SPYV's, potentially influencing the depth of available historical performance data for direct comparison.

What should investors keep in mind regarding sector weights for these funds?

The provided data indicates that sector weights are not available for both SPYV and VOO. Without this information, investors cannot determine the exact industry concentration, such as technology or financials, within each fund. It is essential to consult updated official fact sheets or financial reports to assess how sector exposures might influence risk and return profiles when comparing these two exchange-traded funds.

What is the educational purpose of this FAQ and comparison?

This FAQ is designed to help beginners understand how to read and interpret ETF comparison data, focusing on fees, tracking, holdings, and dividends. It provides factual information derived from Yahoo Finance as of 22 September 2026. It is crucial to remember that this content is for educational purposes only and does not constitute financial advice or recommendations to buy or sell any specific security.

SPYV 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 Value ETF (SPYV) and S&P 500 Vanguard ETF (VOO). Review expense ratios, top holdings, dividend yields, and how each fund tracks its respective market segment to help you understand their distinct investment profiles. Educational content, not financial advice.

Compare SPDR Portfolio S&P 500 Value ETF (SPYV) and S&P 500 Vanguard ETF (VOO). Review expense ratios, top holdings, dividend yields, and how each fund tracks its respective market segment to help you...

Fund Snapshot

Key Fund Metrics

SPYV

Metric

VOO

0.04%

Expense Ratio

0.03%

1.69%

Dividend Yield

1.03%

$36.32B

Net Assets

$1.08T

438

Holdings

516

Sep 25, 2000

Inception Date

Sep 7, 2010

–

Index Tracked

–

Large Value

Fund Category

Large Blend

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

Shared Top Holdings

Holding	SPYV	VOO
AAPLApple Inc.	8.24%	7.03%
AMZNAmazon.com, Inc.	3.93%	3.84%
TSLATesla, Inc.	1.31%	1.57%

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Investment Analysis

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VOO

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About SPYV and VOO

SPYV (SPYV)

The SPDR Portfolio S&P 500 Value ETF is designed to provide investors with exposure to large-capitalisation companies that are considered value-oriented. This fund seeks to track the performance of the S&P 500 Value Index, which includes a subset of the broader S&P 500 index. With a very low expense ratio of 0.04%, it is an affordable option for those looking to diversify their portfolios. The fund holds 438 different stocks and currently has net assets of USD 36.32 billion. Investors should note that while the fund has a dividend yield of 1.69%, there is no guarantee of returns, and the value of investments can fluctuate. It is important to consider your own risk tolerance and investment objectives before making any investment decisions.

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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