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IVOV vs SPMD

Vanguard S&P Mid-Cap 400 Value Index Fund ETF Shares vs State Street SPDR Portfolio S&P 400 Mid Cap ETF

IVOV

Vanguard S&P Mid-Cap 400 Value Index Fund ETF Shares

Vanguard

Annual cost

0.10%

Fund size

$1.4B

SPMD

State Street SPDR Portfolio S&P 400 Mid Cap ETF

State Street Investment Management

Annual cost

0.03%

Fund size

$17.0B

Key differences

  • SPMD costs 0.07% less per year.
  • SPMD is significantly larger than IVOV — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, SPMD has delivered higher annualized returns.
  • SPMD has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

IVOVSPMD
Annual cost (TER)0.10%0.03%
Fund size (AUM)$1.4B$17.0B
Since20102005
Dividend yield1.68%1.27%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+20.8%+26.8%
CAGR 3Y+14.2%+16.3%
CAGR 5Y+7.2%+8.4%
Sharpe 3Y0.630.73
Volatility 1Y15.44%15.76%
Max drawdown-45.99%-41.86%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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