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SPMD vs IVOV

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

SPMD

State Street SPDR Portfolio S&P 400 Mid Cap ETF

State Street Investment Management

Annual cost

0.03%

Fund size

$17.0B

IVOV

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

Vanguard

Annual cost

0.10%

Fund size

$1.4B

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

SPMDIVOV
Annual cost (TER)0.03%0.10%
Fund size (AUM)$17.0B$1.4B
Since20052010
Dividend yield1.27%1.68%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+26.8%+20.8%
CAGR 3Y+16.3%+14.2%
CAGR 5Y+8.4%+7.2%
Sharpe 3Y0.730.63
Volatility 1Y15.76%15.44%
Max drawdown-41.86%-45.99%

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

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