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VT vs. SPYD

Vanguard Total World Stock ETF

VT
$--
vs

SPDR Portfolio S&P 500 High Dividend ETF

SPYD
$--

Correlation

0.86
VTVanguard Total World Stock ETF
SPYDSPDR Portfolio S&P 500 High Dividend ETF

What is VT?

Invests in more than 3000 stocks representative of the whole U.S. market. Goal is to keep pace with U.S. stock market returns. Offers high potential for investment growth; share value typically rises and falls more sharply than that of funds holding bonds. More appropriate for long-term goals where your money s growth is essential.

Snapshot
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VT Vanguard Total World Stock ETF
SPYD SPDR Portfolio S&P 500 High Dividend ETF
Inception date
Jun 24 2008
Oct 21 2015
Expense ratio
0.07%
0.07%
VT and SPYD have the same expense ratio, meaning it’s equally as costly to invest in either one.
Type
Global Equities
US Equities
VT targets investing in Global Equities, while SPYD targets investing in US Equities.
Fund owner
Vanguard
State Street (SPDR)
VT is managed by Vanguard, while SPYD is managed by State Street (SPDR).
Volume (1m avg. daily)
$138,228,150
$31,341,265
Both VT and SPYD 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
$28,426,068,465
$6,188,814,848
VT has more assets under management than SPYD by $22,237,253,617. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
FTSE Global All Cap Index
S&P 500 High Dividend Index
VT is based off of the FTSE Global All Cap Index, while SPYD is based off of the S&P 500 High Dividend Index
Inverse/Leveraged
No
No
VT and SPYD 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
VT and SPYD 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
SPYD may offer dividends, while VT does not. The frequency and yield of the dividend for SPYD may vary.
Prospectus
Neither VT nor SPYD require a K1.
VT and SPYD’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 toVT

#WIR

When Inflation is Rising

Category

Living With High Inflation, Worried about Inflation?

Risk Rating

Moderate

Automated Strategies
Related toSPYD

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

Create your own algorithmic
trading strategy

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.

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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.