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ETF Comparisons

SPYG vs. VYM

SPDR Portfolio S&P 500 Growth ETF

SPYG
$--
vs

Vanguard High Dividend Yield ETF

VYM
$--

Correlation

0.80

Compare with

Top 10 comparisons with SPYG:
Compare:
SPYG
Correlation
With:
VYM
Vanguard High Dividend Yield ETF
0.80
SwitchIVWBlackRock Institutional Trust Company N.A. - iShares S&P 500 Growth ETF1.00VOOGVanguard Group, Inc. - Vanguard S&P 500 Growth ETF1.00IUSGBlackRock Institutional Trust Company N.A. - iShares Core S&P U.S.Growth ETF1.00ILCGBlackRock Institutional Trust Company N.A. - iShares Morningstar Growth ETF0.98IWLBlackRock Institutional Trust Company N.A. - iShares Russell Top 200 ETF0.98XLGInvesco Capital Management LLC - Invesco S&P 500 Top 50 ETF0.98IQSUIndexIQ ETF Trust - IQ Candriam U.S. Large Cap Equity ETF0.98OEFBlackRock Institutional Trust Company N.A. - iShares S&P 100 ETF0.98MGCVanguard Group, Inc. - Vanguard Mega Cap 300 Index ETF0.98IWFBlackRock Institutional Trust Company N.A. - iShares Russell 1000 Growth ETF0.98

Top 10 shared holdings

The top 10 holdings shared by SPYG and VYM:
XOM
Exxon Mobil Corp.
Invest with SPYG
Learn more about VYM
SPYGSPDR Portfolio S&P 500 Growth ETF
VYMVanguard High Dividend Yield ETF

What is SPYG?

The SPDR Portfolio S&P 500 Growth ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 Growth Index (the "Index"). The S&P 500 Growth Index measures the performance of the large-capitalization growth sector in the U.S. equity market. The selection universe for the S&P 500 Index includes all U.S. common equities listed on the NYSE, NASDAQ Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $5.3 billion or more. The Index is market capitalization weighted.

Snapshot
**

SPYG SPDR Portfolio S&P 500 Growth ETF
VYM Vanguard High Dividend Yield ETF
Inception date
Sep 25 2000
Nov 10 2006
Expense ratio
0.04%
0.06%
SPYG has a lower expense ratio than VYM by 0.01%. This can indicate that it’s cheaper to invest in SPYG than VYM.
Type
US Equities
US Equities
SPYG targets investing in US Equities, while VYM targets investing in US Equities.
Fund owner
State Street (SPDR)
Vanguard
SPYG is managed by State Street (SPDR), while VYM is managed by Vanguard.
Volume (1m avg. daily)
$94,041,426
$134,746,385
Both SPYG 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
$18,568,081,481
$48,466,955,232
SPYG has more assets under management than VYM by $29,898,873,751. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
S&P 500 Growth Index
FTSE High Dividend Yield Index
SPYG is based off of the S&P 500 Growth Index, while VYM is based off of the FTSE High Dividend Yield Index
Inverse/Leveraged
No
No
SPYG 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
SPYG 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 SPYG does not. The frequency and yield of the dividend for VYM may vary.
Prospectus
View
View
Neither SPYG nor VYM require a K1.
SPYG and VYM’s Correlation
When ETFs are correlated, there are 3 main topics to analyze that will help you build your automated trading strategy: liquidity, expense, and risk.
  • Liquidity: In an active trading strategy (trading multiple time per week), it’s important to consider the liquidity of the ETF you’re using. Lower liquidity can mean more money lost in slippage. AUM and average daily volume are both indicators of liquidity.
  • Expense: Some ETFs are more expensive to use than others. For strategies that are focused on longer holding periods, it’s important to factor in how expensive it is to hold this ETF. Expense ratio is the main indicator of how expensive an ETF is.
  • Risk: Some ETFs will be highly correlated, but have varying degrees of returns, due to leverage. It’s important to consider if an ETF is using leverage or not. The main indicators of a riskier ETF will be the use of leverage and higher standard deviation or max drawdown in a backtest.

Automated Strategies
Related toSPYG

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Automated Strategies
Related toVYM

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

Create your own algorithmic
trading strategy

Disclaimers

*

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.