ETF comparison
SPY vs VOE
US Large Cap vs US Value.
State Street SPDR S&P 500 ETF Trust · Vanguard Morningstar Mid-Cap Value ETF
Holdings overlap
159 positions appear in both funds. Buying equal dollars of SPY and VOE would leave roughly 9.3% 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
VOE is 4 bps cheaper than SPY. On a $100,000 position that's about $44/yr more in fees for SPY.
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 SPY vs VOE.
Top shared holdings
159 shared in total| # | Holding | In SPY | In VOE | Overlap |
|---|---|---|---|---|
| 1 | NEWMONT CORP | 0.18% | 0.86% | 0.18% |
| 2 | MARATHON PETROLEUM CORP | 0.18% | 1.29% | 0.18% |
| 3 | VALERO ENERGY CORP | 0.18% | 1.33% | 0.18% |
| 4 | PHILLIPS 66 | 0.16% | 1.17% | 0.16% |
| 5 | JOHNSON CONTROLS INTERNATION | 0.14% | 0.77% | 0.14% |
| 6 | HEWLETT PACKARD ENTERPRISE | 0.14% | 1.03% | 0.14% |
| 7 | WILLIAMS COS INC | 0.13% | 0.78% | 0.13% |
| 8 | WARNER BROS DISCOVERY INC | 0.12% | 1.10% | 0.12% |
| 9 | TRAVELERS COS INC/THE | 0.11% | 0.61% | 0.11% |
| 10 | CUMMINS INC | 0.11% | 1.70% | 0.11% |
| 11 | SLB LTD | 0.11% | 1.20% | 0.11% |
| 12 | REGENERON PHARMACEUTICALS | 0.11% | 0.55% | 0.11% |
Only in SPY
346 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%
Only in VOE
11 total- ONEOK Inc 0.94%
- Cheniere Energy Inc 0.86%
- Strategy Inc 0.50%
- AvalonBay Communities Inc 0.45%
- Electronic Arts Inc 0.44%
- Zoom Video Communications Inc 0.37%
- Sunbelt Rentals Holdings Inc 0.27%
- Medline Inc 0.27%
- Markel Group Inc 0.20%
- SS&C Technologies Holdings Inc 0.11%
Related comparisons
More comparisons with SPY
- SPY vs HDV · iShares Core High Dividend ETF 9.2%
- SPY vs NOBL · ProShares S&P 500 Dividend Aristocrats ETF 8.8%
- SPY vs DVY · iShares Select Dividend ETF 8.0%
- SPY vs SCHD · Schwab U.S. Dividend Equity ETF 7.3%
- SPY vs COWZ · Pacer US Cash Cows 100 ETF 7.2%
- SPY vs VOT · Vanguard Morningstar Mid-Cap Growth ETF 6.5%
More comparisons with VOE
- VOE vs VTI · Vanguard Morningstar Total Stock Market ETF 9.1%
- VOE vs ITOT · iShares Core S&P Total U.S. Stock Market ETF 9.0%
- VOE vs SCHB · Schwab U.S. Broad Market ETF 8.9%
- VOE vs IWX · iShares Russell Top 200 Value ETF 6.8%
- VOE vs MGV · Vanguard Morningstar Mega Cap Value ETF 3.9%
- VOE vs QQQ · Invesco QQQ Trust 3.1%
Percentages are holdings overlap with the named fund.
Open SPY or VOE 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.