SPYG vs VOOG: fees, holdings and returns
SPYG and VOOG both track the S&P 500 Growth Index, so they hold the same about 150 companies. SPYG charges a lower yearly fee. Their returns have been almost the same. Over the same dates since September 2010, SPYG returned about 16.8% a year and VOOG returned about 16.7% a year.
Written by the Tactfolio research team. Fund facts checked October 17, 2026. Prices through October 20, 2026.
Key points
- SPYG costs less: 0.04% a year against 0.07%.
- SPYG started trading in September 2000. VOOG started in September 2010.
- Worst drops since 2010: SPYG −32.7%, VOOG −32.7%.
- Daily correlation: 0.99 (1 means they always move together).
What is the difference between SPYG and VOOG?#
The holdings are the same, so the difference is cost and issuer. SPYG comes from State Street and VOOG from Vanguard. Small gaps in returns come from fees and how each fund handles cash. Over long holds a lower fee adds up a little, all else equal.
| Fact | SPYG | VOOG |
|---|---|---|
| Full name | State Street SPDR Portfolio S&P 500 Growth ETF | Vanguard S&P 500 Growth ETF |
| Issuer | SPDR (State Street) | Vanguard |
| Expense ratio | 0.04% a year | 0.07% a year |
| Started trading | September 25, 2000 | September 7, 2010 |
| Tracks | S&P 500 Growth Index | S&P 500 Growth Index |
| Holdings | 152 holdings as of October 15, 2026 | 152 holdings as of September 30, 2026 |
| Type | US stocks, ETF | US stocks, ETF |
Fund facts checked on the SPDR (State Street) SPYG page and the Vanguard VOOG page.
Is SPYG or VOOG cheaper?#
SPYG costs less: 0.04% a year against 0.07%. On $10,000, that is about $4 a year for SPYG and $7 for VOOG. The fund takes its fee out of its own value a little each day, so you never get a bill.
SPYG vs VOOG performance over the same dates#
Both funds are measured from September 2010 to October 2026, the dates both traded. SPYG returned about 16.8% a year and VOOG returned about 16.7% a year. SPYG came out ahead over this period, which does not mean it will again.
| Measure | SPYG | VOOG |
|---|---|---|
| $10,000 grew to | $121,998 | $120,143 |
| Total return | 1,120% | 1,101% |
| Return per year (CAGR) | 16.8% | 16.7% |
| Worst drop from a high | −32.7% | −32.7% |
| Volatility (how much it swings) | 18.8% | 18.9% |
| Last 12 months | 15.8% | 15.8% |
| Last 3 years, per year | 28.1% | 28.1% |
| Last 5 years, per year | 13.3% | 13.2% |
| Last 10 years, per year | 17.9% | 17.8% |
Prices through October 20, 2026. Figures use daily closing prices adjusted for splits, with dividends reinvested. They do not include taxes or the cost of buying and selling. Past results do not tell you what will happen next.
SPYG and VOOG returns by year#
| Year | SPYG | VOOG |
|---|---|---|
| 2026 (part of the year) | 14.0% | 14.0% |
| 2025 | 22.1% | 22.1% |
| 2024 | 36.0% | 35.9% |
| 2023 | 30.0% | 30.0% |
| 2022 | −29.4% | −29.5% |
| 2021 | 32.0% | 31.9% |
| 2020 | 33.5% | 33.4% |
| 2019 | 30.8% | 30.9% |
| 2018 | −0.1% | −0.2% |
| 2017 | 27.2% | 27.2% |
| 2016 | 6.8% | 6.8% |
| 2015 | 5.1% | 5.4% |
| 2014 | 14.8% | 14.7% |
| 2013 | 32.6% | 32.6% |
| 2012 | 14.2% | 14.2% |
| 2011 | 4.7% | 4.6% |
| 2010 (part of the year) | 17.4% | 15.8% |
Which fell further in bad times?#
A drawdown is how far a fund falls from its last high point. SPYG’s worst fall was −32.7%, from December 27, 2021 to October 14, 2022. It got back to that high on March 1, 2024.
VOOG’s worst fall was −32.7%, from December 27, 2021 to October 14, 2022. It got back to that high on March 1, 2024.
Their daily moves had a correlation of 0.99. A correlation of 1 means two funds always move up and down together. Near 0 means they move on their own. So holding both adds little variety.
Why people choose SPYG or VOOG#
SPYG. People who want the S&P 500 Growth index at a lower fee often pick SPYG.
VOOG. People who already use Vanguard funds often pick VOOG.
Strategies that hold SPYG or VOOG#
No classic strategy holds SPYG or VOOG yet.
Other funds like SPYG and VOOG#
Each fund has more funds that hold the same kind of investments, ranked by how closely they move with it: SPYG alternatives and VOOG alternatives.
Test a mix of SPYG and VOOG#
Open the builder, add SPYG and VOOG, and give each a weight, such as 50% and 50%. The backtest shows how the mix would have done, with its worst drop, on daily prices. You can also add a rule, for example to switch between them, and compare. Read the full pages for SPYG and VOOG, or see more ETF comparisons.
The details#
Both funds use Tactfolio’s stored daily prices, adjusted for splits, with dividends reinvested. They are compared only on days both traded, starting the later fund’s first day, so neither gets a head start. Correlation uses daily returns over the same days. Read what a backtest simulates for more on these measures.
Common questions#
Are SPYG and VOOG the same?#
They track the same index and hold the same companies. They differ in yearly fee and issuer.
What is the S&P 500 Growth Index?#
It is the growth half of the S&P 500: companies with faster-growing sales and earnings and rising prices. It holds about 150 companies.
Which is cheaper, SPYG or VOOG?#
SPYG costs less: 0.04% a year against 0.07%. Fees come from each issuer and were checked on October 17, 2026.
Which did better, SPYG or VOOG?#
From September 2010 to October 2026, SPYG returned about 16.8% a year and VOOG returned about 16.7% a year, with dividends reinvested. Their worst drops were −32.7% and −32.7%. Past returns do not tell you what comes next.