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SPY vs. VYM

SPDR S&P 500 ETF Trust

SPY
$--
vs

Vanguard High Dividend Yield ETF

VYM
$--

Correlation

SPYSPDR S&P 500 ETF Trust
VYMVanguard High Dividend Yield ETF

What is SPY?

The SPDR S&P 500 ETF is a fund that before expenses generally corresponds to the price and yield performance of the S&P 500 Index.

Snapshot
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SPY SPDR S&P 500 ETF Trust
VYM Vanguard High Dividend Yield ETF
Inception date
Jan 22, 1993
Nov 10, 2006
Expense ratio
0.09%
0.06%
SPY has a higher expense ratio than VYM by 0.03%. This can indicate that it’s more expensive to invest in SPY than VYM.
Type
US Equities
US Equities
SPY targets investing in US Equities, while VYM targets investing in US Equities.
Fund owner
State Street (SPDR)
Vanguard
SPY is managed by State Street (SPDR), while VYM is managed by Vanguard.
Volume (1m avg. daily)
$33,257,618,740
$134,746,385
Both SPY and VYM are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$400,404,126,565
$48,466,955,232
SPY has more assets under management than VYM by $351,937,171,333. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
S&P 500 Index
FTSE High Dividend Yield Index
SPY is based off of the S&P 500 Index, while VYM is based off of the FTSE High Dividend Yield Index
Inverse/Leveraged
No
No
SPY and VYM use the same leverage ratio. Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.
Passive/Active
Passive
Passive
SPY and VYM both use a Passive investing strategy. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.
Dividend
No
Yes
VYM may offer dividends, while SPY does not. The frequency and yield of the dividend for VYM may vary.
Prospectus
SPY may issue a K1, while VYM does not. You can find non-K1 alternatives for SPY in its “Related ETFs” section.

Automated Strategies
Related toSPY

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

Automated Strategies
Related toVYM

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

Create your own algorithmic
trading strategy

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Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.