vs
SPY vs VOO: Performance & Backtest Comparison
VOO delivered the higher return - 14.75% CAGR vs 14.68% - over 2010-10-31 → 2026-06-30.
Growth comparison
Drawdown
Annual returns
| SPY | VOO | |
|---|---|---|
| Name | State Street SPDR S&P 500 ETF Trust | Vanguard S&P 500 ETF |
| CAGR | 14.68% | 14.75% |
| Total return | 765.07% | 773.12% |
| Volatility | 14.12% | 14.12% |
| Max drawdown | -23.93%Sep 2022 | -23.91%Sep 2022 |
| Sharpe | 0.94 | 0.95 |
| Sortino | 1.37 | 1.37 |
| Best year | 32.31% | 32.39% |
| Worst year | -18.17% | -18.19% |
| Final balance | $86,507 | $87,312 |
Correlation of monthly returns: 1.00. Wondering if you need both? Check their fund overlap →
All figures are total returns: every dividend and distribution is reinvested on its ex-date, and prices are split-adjusted. See the methodology.
Frequently asked questions
Which has performed better, SPY or VOO?
Over 2010-10-31 to 2026-06-30, VOO performed better: 14.75% annualized versus 14.68% for SPY, with dividends reinvested. Past performance does not guarantee future results.
How similar are SPY and VOO?
Their monthly returns have a correlation of 1.00 over the common period. SPY is State Street SPDR S&P 500 ETF Trust; VOO is Vanguard S&P 500 ETF.
Which is riskier, SPY or VOO?
Over the common period SPY had 14.12% annualized volatility and a -23.93% max drawdown, versus 14.12% and -23.91% for VOO.