ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
State Street Global Advisors (SSGA) is one of the largest ETF providers globally, known for its flagship SPDR suite of exchange-traded products that serve both institutional and retail investors across a broad range of asset classes. Their 88-fund lineup spans diverse strategies including sector exposure (Select Sector SPDR), income generation (Income and Select Sector SPDR Premium Income families), commodities (including the widely-held GLD gold ETF), bonds, ESG-focused investments, and thematic allocations, with popular tickers like DIA (Diamonds Trust), FEZ (Eurozone exposure), and JNK (high-yield bonds) among their most recognized funds. The issuer is characterized by its comprehensive coverage across multiple market segments and its emphasis on both traditional index-based products and specialized strategies like covered call income funds and factor-based investing.
See our curated list of related YouTube videos on SPYM.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
Vanguard is known for offering low-cost, passively managed ETFs that emphasize broad market exposure and long-term investing. The company operates 175 ETFs across diverse fund families including Index, Bond, Equity, Dividend, Income, International, Factor, and ESG strategies, serving investors with various goals from core portfolio building to specialized income generation. Notable for its scale and popular tickers like VB (total U.S. small-cap), BND (total bond market), and VBIAX (international bonds), Vanguard focuses on providing comprehensive, index-based investment solutions with an emphasis on cost efficiency and accessibility.
See our curated list of related YouTube videos on VOO.
Tracks the S&P 500 Index, providing broad U.S. large-cap equity exposure at a low cost.
Track the performance of the S&P 500 Index, representing 500 of the largest U.S. companies.
Asset class
Equity
Equity
Inception date
11/08/2005
09/07/2010
Beta
1.0
1.0
Last dividend
$0.2390
$1.9622
Ex-dividend date
06/12/2026
06/26/2026
Bottom lineSPYM and VOO are nearly interchangeable — both track the S&P 500 with very similar cost and risk. The clearest tie-breaker is cost: SPYM is cheaper at 0.02% vs 0.03%.
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Projections assume the current yield and share price remain constant. Actual results will vary.
Total returns
SPYM and VOO are virtually tied over the trailing twelve months, at 23.41% and 23.41% total returns. Over the past 10 years, SPYM has compounded at 15.45% a year, ahead of VOO at 15.44%. Figures are total returns: price change plus every distribution reinvested.
Total return with all distributions reinvested on the ex-dividend date, split-adjusted, as of August 5, 2026. YTD and 1Y are cumulative; longer windows are annualized. “Since Sep 2010” measures every fund from September 9, 2010 — the youngest fund's first trading day — so all funds share one comparison window. Volatility is the annualized standard deviation of daily total returns over the trailing 3 years. Sharpe and Sortino divide the annualized return in excess of the risk-free rate by, respectively, that volatility and the downside deviation (both over the trailing 3 years) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.
Quick verdict
SPYM (SPDR Portfolio S&P 500 ETF) and VOO (Vanguard S&P 500 ETF) are both quarterly-pay dividend ETFs, but they take different approaches.
VOO offers the higher yield at 1.11% vs 1.06% for SPYM. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
SPYM is cheaper with an expense ratio of 0.02% compared to 0.03%.
VOO is the larger fund by assets ($987B), which generally means tighter spreads and better liquidity.
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On a $10,000 investment, SPYM would generate roughly $8.83/month, while VOO would produce $9.25/month, at current distribution rates. Both pay quarterly distributions.
SPYM yield1.06%
VOO yield1.11%
Monthly diff on $10K$0.42
Cost & efficiency
Over 10 years on $10,000, SPYM would cost approximately $20 in fees vs $30 for VOO (simplified, not compounded). The $10.00 difference may be offset by yield or performance.
SPYM ER0.02%
VOO ER0.03%
Strategy & risk
Both SPYM and VOO wrap S&P 500 Index with similar strategies (large cap and large cap). The practical differences are yield target, fee structure, and issuer track record — not the underlying mechanic.
SPYM beta1.0
VOO beta1.0
Fund details
SPYM is managed by State Street (launched 11/08/2005) with $157B in assets. VOO is managed by Vanguard (launched 09/07/2010) with $987B in assets.
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Frequently asked questions
What is the current distribution yield for SPYM and VOO?
SPYM currently distributes 1.06% and VOO 1.11%, based on fund data updated August 2026. Distribution yield moves with both the payout and the share price, so check the as-of date before relying on either figure.
Is SPYM or VOO better for dividend income?
It depends on your goals. VOO currently offers the higher 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 SPYM and VOO?
Both SPYM (SPDR Portfolio S&P 500 ETF) and VOO (Vanguard S&P 500 ETF) track S&P 500 Index with similar approaches — the labels "large cap" and "large cap" describe closely related mechanics. The real differences show up in yield target (1.06% vs 1.11%), expense ratio (0.02% vs 0.03%), and issuer (State Street vs Vanguard).
Can I hold both SPYM and VOO?
You can, but expect significant overlap. Both funds use similar strategies on S&P 500 Index, so holding them together gives you two wrappers around effectively the same exposure — not true diversification. Weigh issuer, fee, and yield differences rather than treating them as complementary.
Which has lower fees, SPYM or VOO?
SPYM has an expense ratio of 0.02% while VOO charges 0.03%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in SPYM vs VOO generate?
At current rates, $10,000 in SPYM would generate roughly $8.83 per month ($106.00 annually). The same in VOO would produce about $9.25 per month ($111.00 annually).
Which has performed better historically, SPYM or VOO?
SPYM and VOO are virtually tied over the trailing twelve months, at 23.41% and 23.41% total returns. Over the past 10 years, SPYM has compounded at 15.45% a year, ahead of VOO at 15.44%. Figures are total returns: price change plus every distribution reinvested. Past performance does not guarantee future results.
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