ETF Comparison
IVV vs SPLG vs SPY vs VOO: Which Is the Better Pick in 2026?
A side-by-side comparison of iShares Core S&P 500 ETF, SPDR Portfolio S&P 500 ETF, SPDR S&P 500 ETF Trust and Vanguard S&P 500 ETF covering yield, cost, risk, and income potential.
Data updated April 5, 2026
Side-by-side snapshot
| IVV | SPLG | SPY | VOO | |
|---|---|---|---|---|
| Full name | iShares Core S&P 500 ETF | SPDR Portfolio S&P 500 ETF | SPDR S&P 500 ETF Trust | Vanguard S&P 500 ETF |
| Issuer | BlackRock | State Street | State Street | Vanguard |
| Price | $658.06 | $80.86 | $655.24 | $602.30 |
| Distribution yield | 1.17% | 1.13% | 1.06% | 1.12% |
| Expense ratio | 0.03% | 0.02% | 0.09% | 0.03% |
| AUM | $750.7B | $97.3B | $698.3B | $1512.9B |
| Distribution frequency | Quarterly | Quarterly | Quarterly | Quarterly |
| Underlying index | S&P 500 Index | S&P 500 Index | S&P 500 Index | S&P 500 Index |
| Objective | Seeks to track the investment results of an index composed of large-capitalization U.S. equities, measuring the performance of the large-cap sector of the U.S. equity market as determined by S&P Dow Jones Indices. | Track the S&P 500 Index at a low expense ratio for core U.S. equity exposure. | Track the S&P 500 Index before expenses. | Track the performance of the S&P 500 Index, representing 500 of the largest U.S. companies. |
| Asset class | Equity | Equity | Equity | Equity |
| Inception date | 05/15/2000 | 11/08/2005 | 01/22/1993 | 09/07/2010 |
| Beta | 1.0 | 1.0 | 1.0 | 1.0 |
| Last dividend | $1.78 | $0.19 | $1.80 | $1.87 |
| Ex-dividend date | 03/17/2026 | 03/13/2026 | 03/20/2026 | 03/27/2026 |
Visual comparison
Key metrics
Projected income on $10K
Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
IVV (iShares Core S&P 500 ETF), SPLG (SPDR Portfolio S&P 500 ETF), SPY (SPDR S&P 500 ETF Trust), VOO (Vanguard S&P 500 ETF) are popular dividend ETFs that take different approaches.
IVV offers the highest yield at 1.17%, followed by SPLG at 1.13%, VOO at 1.12%, SPY at 1.06%.
SPLG is the cheapest with an expense ratio of 0.02%, compared to 0.03% for IVV and 0.03% for VOO and 0.09% for SPY.
VOO is the largest fund by assets ($1512.9B), which generally means tighter spreads and better liquidity.
Deep dive
Yield & income
On a $10,000 investment: IVV generates ~$9.75/month, SPLG generates ~$9.42/month, SPY generates ~$8.83/month, VOO generates ~$9.33/month at current distribution rates.
Cost & efficiency
Over 10 years on $10,000: IVV costs ~$30, SPLG costs ~$20, SPY costs ~$90, VOO costs ~$30 in fees (simplified, not compounded).
Strategy & risk
IVV tracks S&P 500 Index with a seeks to track the investment results of an index composed of large-capitalization u.s. equities, measuring the performance of the large-cap sector of the u.s. equity market as determined by s&p dow jones indices. approach; SPLG tracks S&P 500 Index with a track the s&p 500 index at a low expense ratio for core u.s. equity exposure. approach; SPY tracks S&P 500 Index with a track the s&p 500 index before expenses. approach; VOO tracks S&P 500 Index with a track the performance of the s&p 500 index, representing 500 of the largest u.s. companies. approach.
Fund details
IVV is managed by BlackRock (launched 05/15/2000) with $750.7B in assets. SPLG is managed by State Street (launched 11/08/2005) with $97.3B in assets. SPY is managed by State Street (launched 01/22/1993) with $698.3B in assets. VOO is managed by Vanguard (launched 09/07/2010) with $1512.9B in assets.
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
Frequently asked questions
Which of IVV, SPLG, SPY, and VOO is best for dividend income?
It depends on your goals. IVV currently offers the highest distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.
What is the difference between IVV, SPLG, SPY, and VOO?
IVV (iShares Core S&P 500 ETF) tracks S&P 500 Index with a seeks to track the investment results of an index composed of large-capitalization u.s. equities, measuring the performance of the large-cap sector of the u.s. equity market as determined by s&p dow jones indices. strategy, issued by BlackRock. SPLG (SPDR Portfolio S&P 500 ETF) tracks S&P 500 Index with a track the s&p 500 index at a low expense ratio for core u.s. equity exposure. strategy, issued by State Street. SPY (SPDR S&P 500 ETF Trust) tracks S&P 500 Index with a track the s&p 500 index before expenses. strategy, issued by State Street. VOO (Vanguard S&P 500 ETF) tracks S&P 500 Index with a track the performance of the s&p 500 index, representing 500 of the largest u.s. companies. strategy, issued by Vanguard.
Can I hold IVV, SPLG, SPY, and VOO together?
Yes. Many income investors hold multiple dividend ETFs to diversify across different strategies and underlying indexes. This can reduce concentration risk while maintaining a strong income stream.
Which has the lowest fees among IVV, SPLG, SPY, and VOO?
IVV has an expense ratio of 0.03%, SPLG has an expense ratio of 0.02%, SPY has an expense ratio of 0.09%, VOO has an expense ratio of 0.03%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 generate in each?
$10,000 in IVV yields ~$9.75/month ($117.00/year). $10,000 in SPLG yields ~$9.42/month ($113.00/year). $10,000 in SPY yields ~$8.83/month ($106.00/year). $10,000 in VOO yields ~$9.33/month ($112.00/year).
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