ETF comparison
SPLV vs SPY
Low Volatility Factor vs US Large Cap.
Invesco S&P 500 Low Volatility ETF · State Street SPDR S&P 500 ETF Trust
Holdings overlap
98 positions appear in both funds. Buying equal dollars of SPLV and SPY would leave roughly 15.8% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
SPY is 16 bps cheaper than SPLV. On a $100,000 position that's about $156/yr more in fees for SPLV.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with SPLV vs SPY.
Top shared holdings
98 shared in total| # | Holding | In SPLV | In SPY | Overlap |
|---|---|---|---|---|
| 1 | Berkshire Hathaway Inc. | 1.28% | 1.41% | 1.28% |
| 2 | Johnson & Johnson | 1.15% | 0.93% | 0.93% |
| 3 | Visa Inc. | 0.90% | 0.92% | 0.90% |
| 4 | JPMorgan Chase & Co. | 0.87% | 1.33% | 0.87% |
| 5 | Walmart Inc. | 0.78% | 0.70% | 0.70% |
| 6 | Mastercard Inc. | 0.89% | 0.67% | 0.67% |
| 7 | Chevron Corp. | 0.88% | 0.61% | 0.61% |
| 8 | Costco Wholesale Corp. | 1.02% | 0.61% | 0.61% |
| 9 | Bank of America Corp. | 0.87% | 0.52% | 0.52% |
| 10 | Procter & Gamble Co. (The) | 1.07% | 0.51% | 0.51% |
| 11 | Coca-Cola Co. (The) | 1.18% | 0.50% | 0.50% |
| 12 | Linde PLC | 1.17% | 0.33% | 0.33% |
Only in SPLV
3 total- Honeywell International Inc. 0.98%
- AvalonBay Communities, Inc. 0.93%
- Invesco Government & Agency Portfolio 0.15%
Only in SPY
407 total- NVIDIA CORP 8.50%
- APPLE INC 7.32%
- MICROSOFT CORP 5.77%
- AMAZON.COM INC 3.71%
- ALPHABET INC CL A 3.03%
- BROADCOM INC 2.54%
- ALPHABET INC CL C 2.43%
- META PLATFORMS INC CLASS A 2.41%
- MICRON TECHNOLOGY INC 1.82%
- TESLA INC 1.57%
Related comparisons
More comparisons with SPLV
- SPLV vs VTI · Vanguard Morningstar Total Stock Market ETF 14.7%
- SPLV vs ITOT · iShares Core S&P Total U.S. Stock Market ETF 14.7%
- SPLV vs SCHB · Schwab U.S. Broad Market ETF 14.6%
- SPLV vs SCHD · Schwab U.S. Dividend Equity ETF 7.4%
- SPLV vs QQQ · Invesco QQQ Trust 6.1%
- SPLV vs VUG · Vanguard Morningstar Growth ETF 5.8%
More comparisons with SPY
- SPY vs VO · Vanguard Morningstar Mid-Cap ETF 15.5%
- SPY vs MOAT · VanEck Morningstar Wide Moat ETF 14.4%
- SPY vs VLUE · iShares MSCI USA Value Factor ETF 12.8%
- SPY vs IWR · iShares Russell Mid-Cap ETF 12.1%
- SPY vs SDY · State Street SPDR S&P Dividend ETF 11.8%
- SPY vs IWS · iShares Russell Mid-Cap Value ETF 10.4%
Percentages are holdings overlap with the named fund.
Open SPLV or SPY at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.