SPXV vs VTI
ProShares S&P 500 Ex-Health Care ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, SPXV or VTI?
Nearly the same fund. VTI costs less.
VTI has a lower expense ratio. SPXV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.95. VTI is less concentrated, with 33.5% of the fund in its ten largest positions against 42.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | SPXV | VTI |
|---|---|---|
| Expense Ratio | 0.09% | 0.03%Best |
| AUM | $42M | $689.2B |
| Dividend Yield | 0.91% | 1.06% |
| Holdings | 445 | 3,524 |
| YTD Return | +13.54%Best | +13.02% |
| 1Y Return | +16.71%Best | +16.63% |
| 3Y Return (annualized) | +23.60%Best | +21.97% |
| 5Y Return (annualized) | +13.77%Best | +11.99% |
| Volatility (annualized) | 16.1% | 15.5%Best |
| Max Drawdown | -34.3%Best | -35.0% |
| $10,000 over 5 years | $19,061Best | $17,616 |
| Top 10 Weight | 42.9% | 33.5%Best |
| Fund Family | ProShares | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 22, 2015 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Sep 24, 2015 to Oct 14, 2026 (11.1 years).
SPXV vs VTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 11.1 years both funds cover.
SPXV vs VTI Performance
ProShares S&P 500 Ex-Health Care ETF (SPXV) is an ETF from ProShares and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year SPXV returned +16.71% while VTI returned +16.63%. Year to date, SPXV is up 13.54% versus a gain of 13.02% for VTI.
Over three years, SPXV compounded at +23.60% per year against +21.97% for VTI; over five years the annualized figures are +13.77% and +11.99% respectively. Across the full 11-year window we track, SPXV has the edge at +14.64% annualized vs +13.53%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPXV has been the more volatile fund, with annualized monthly volatility of 16.1% compared with 15.5% for VTI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -34.3% for SPXV and -35.0% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SPXV charges 0.09% per year while VTI charges 0.03%. On a $10,000 position that is $9 vs $3 annually, a gap of $6 per year that compounds over a long holding period. On income, SPXV currently yields 0.91% against 1.06% for VTI.
Holdings Overlap
98.6% of SPXV's money is in holdings VTI also owns. 79.6% of VTI's money is in holdings SPXV also owns.
Most of SPXV is already inside VTI. Owning both mostly buys the same companies twice.
431 positions in common, counted across the 443 positions we hold weights for in SPXV and 3,441 in VTI, against full books of 445 and 3,524.
What only one of them owns
Our book lists 729 positions for VTI that do not appear in our book for SPXV (18.1% of the fund), and 5 for SPXV that do not appear in VTI (0.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in SPXV | Weight in VTI | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 9.33% | 6.88% | 2.45% |
| AAPLApple, Inc | 8.02% | 6.30% | 1.72% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 6.33% | 5.11% | 1.22% |
| AMZNAmazon.Com Inc | 4.07% | 3.41% | 0.66% |
| GOOGLAlphabet Inc Cap Stk Cl A | 3.32% | 2.70% | 0.62% |
| AVGOBroadcom Inc | 2.78% | 2.38% | 0.40% |
| GOOGAlphabet Inc Class C | 2.66% | 2.12% | 0.54% |
| METAMeta Platform Inc | 2.64% | 1.70% | 0.94% |
| MUMicron Technology, Inc. | 2.00% | 1.46% | 0.54% |
| TSLATesla Motors Inc | 1.72% | 1.40% | 0.32% |
98.6% of SPXV is already inside VTI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SPXV or VTI?
SPXV has an expense ratio of 0.09% while VTI charges 0.03%. VTI is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, SPXV or VTI?
Over the past year SPXV returned +16.71% vs +16.63% for VTI, so SPXV leads on 1-year performance. Over the longest common window we track (11 years), SPXV annualized +14.64% vs +13.53% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPXV or VTI?
SPXV has been the more volatile fund at 16.1% annualized versus 15.5% for VTI. Worst drawdown: SPXV -34.3% vs VTI -35.0%.
Should I hold both SPXV and VTI?
SPXV and VTI have a monthly-return correlation of 0.95, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between SPXV and VTI?
98.6% of SPXV's money is in holdings VTI also owns. 79.6% of VTI's is in holdings SPXV also owns. They hold 431 positions in common, counted across the 443 positions we hold weights for in SPXV and 3,441 in VTI.
Which pays a higher dividend, SPXV or VTI?
SPXV yields 0.91% while VTI yields 1.06%, so VTI currently pays the higher dividend yield.
Is VTI better than SPXV?
VTI has a lower expense ratio. SPXV led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.95. VTI is less concentrated, with 33.5% of the fund in its ten largest positions against 42.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.