VTV vs SPY: Complete Comparison
Vanguard Value ETF vs SPDR S&P 500 ETF Trust โ overlap, correlation, performance & risk analysis
Visual Overlap
Price Performance
Historical price comparison over 3M
๐Performance Comparison
โ ๏ธRisk Metrics
Interpretation:
- ๐ Lower volatility = smoother ride
- โก Higher Sharpe/Sortino = better risk-adjusted returns
- โ ๏ธ Smaller max drawdown = less worst-case pain
- ๐ Beta > 1 = more volatile than S&P 500
โ๏ธHead-to-Head Comparison
Key Factors
โถAdditional Metrics (5)
Bottom line: VTV and SPY are very similar. Choose based on your broker's commission structure or personal preference.
Detailed Overlap Analysis
9 shared holdings representing 7.1% portfolio overlap
Top Shared Holdings
| # | Stock | VTV Weight | SPY Weight | Overlap |
|---|---|---|---|---|
| 1 | JPM JPMorgan Chase & Co | 3.85% | 1.51% | 1.51% |
| 2 | V Visa Inc | 2.45% | 1.01% | 1.01% |
| 3 | XOM Exxon Mobil Corp | 3.25% | 0.85% | 0.85% |
| 4 | JNJ Johnson & Johnson | 2.65% | 0.84% | 0.84% |
| 5 | ABBV AbbVie Inc | 1.85% | 0.68% | 0.68% |
| 6 | BAC Bank of America | 1.95% | 0.64% | 0.64% |
| 7 | PG Procter & Gamble | 2.25% | 0.57% | 0.57% |
| 8 | UNH UnitedHealth Group | 2.85% | 0.50% | 0.50% |
| 9 | CVX Chevron Corp | 2.05% | 0.48% | 0.48% |
Overlap by Sector
Showing top 5 sectors by overlap contribution
Top Holdings Only in VTV
Unique to VTV
| Symbol | Name | Weight |
|---|---|---|
| BRK.B | Berkshire Hathaway Inc Class B | 4.85% |
Top Holdings Only in SPY
Unique to SPY
| Symbol | Name | Weight |
|---|---|---|
| NVDA | NVDA | 7.73% |
| AAPL | AAPL | 6.82% |
| MSFT | MSFT | 6.11% |
| AMZN | AMZN | 3.81% |
| GOOGL | GOOGL | 3.08% |
Price Correlation
How We Calculate Overlap
We use the minimum weight method with normalization to calculate portfolio overlap:
Overlap = ฮฃ min(weightA, weightB) for each shared holdingNormalization: Holdings weights are normalized to sum to 100% before comparison. This ensures accurate overlap calculations even when analyzing partial holdings data (e.g., top 50 positions).
Conservative approach: We consider only the smaller allocation for each shared position, giving you a realistic view of true portfolio overlap.
๐ This analysis is based on publicly available holdings data. For the most current and complete holdings information, please visit the official ETF provider websites.
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