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ETF comparison

SPY vs VUG

US Large Cap vs US Large Cap Growth.

State Street SPDR S&P 500 ETF Trust · Vanguard Morningstar Growth ETF

Holdings overlap

Weighted by ISIN/CUSIP
56.5 %

123 positions appear in both funds. Buying equal dollars of SPY and VUG would leave roughly 56.5% of each dollar exposed to the same underlying securities.

SPY unmatched 43.4% Shared 56.5% VUG unmatched 43.5%

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.

In SPY only
381 positions
Shared
123 positions
In VUG only
23 positions

Side by side

SPY

State Street SPDR S&P 500 ETF Trust

State Street · US Large Cap

88 composite / 100
Expense ratio
0.094%
Net assets
$796.87B
TTM yield
1.01%
Top-10 conc.
37.3%
VUG

Vanguard Morningstar Growth ETF

Vanguard · US Large Cap Growth

86 composite / 100
Expense ratio
0.030%
Net assets
$370.54B
whole fund, 4 share classes
TTM yield
0.41%
Top-10 conc.
60.4%

Sub-score comparison

91
Cost
97
88
Tax efficiency
90
100
Liquidity
100
61
Concentration
28
—
Tracking quality
—
SPY sub-score VUG

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

VUG is 6 bps cheaper than SPY. On a $100,000 position that's about $64/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 VUG.

Top shared holdings

123 shared in total
# Holding In SPY In VUG Overlap
1 APPLE INC 7.69% 11.67% 7.69%
2 NVIDIA CORP 7.30% 12.63% 7.30%
3 MICROSOFT CORP 6.22% 7.61% 6.22%
4 AMAZON.COM INC 3.94% 4.47% 3.94%
5 ALPHABET INC CL A 2.56% 5.76% 2.56%
6 BROADCOM INC 2.33% 4.28% 2.33%
7 META PLATFORMS INC CLASS A 2.09% 3.41% 2.09%
8 ALPHABET INC CL C 2.06% 4.53% 2.06%
9 ELI LILLY + CO 1.71% 2.81% 1.71%
10 TESLA INC 1.64% 3.27% 1.64%
11 ADVANCED MICRO DEVICES 1.20% 2.62% 1.20%
12 VISA INC CLASS A SHARES 1.12% 1.54% 1.12%

Only in SPY

381 total
  • BERKSHIRE HATHAWAY INC CL B 1.63%
  • JPMORGAN CHASE + CO 1.41%
  • MICRON TECHNOLOGY INC 1.35%
  • EXXONMOBIL HOLDINGS CORP 1.05%
  • JOHNSON + JOHNSON 1.00%
  • WALMART INC 0.87%
  • ABBVIE INC 0.79%
  • CHEVRON CORP 0.65%
  • CISCO SYSTEMS INC 0.62%
  • PROCTER + GAMBLE CO/THE 0.59%

Only in VUG

23 total
  • Space Exploration Technologies Corp 0.29%
  • Snowflake Inc 0.25%
  • Cloudflare Inc 0.23%
  • Rocket Lab Corp 0.18%
  • Waste Connections Inc 0.14%
  • Alnylam Pharmaceuticals Inc 0.13%
  • Astera Labs Inc 0.12%
  • Coreweave Inc 0.12%
  • ROBLOX Corp 0.12%
  • MongoDB Inc 0.09%

Percentages are holdings overlap with the named fund.

Open SPY or VUG 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.