SPYG vs VT: Correlation & Overlap
Measured on weekly returns over the past three years, SPDR Portfolio S&P 500 Growth ETF (SPYG) and Vanguard Total World Stock ETF (VT) carry a correlation of 0.89, a very strong link. By holdings, the two funds overlap 38.4% by weight.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SPYG and VT?
Across a 3-year window, the weekly returns of SPYG and VT correlate at 0.89, very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.88) sits close to the 3-year figure. Stretching to 5 years gives 0.91, with an annualized covariance of 234.8 %².
Within SPYG's tracked universe of 97 assets, VT comes in at #14 by 3-year correlation. Their 12-month results are close: +22.4% for SPYG against +22.7% for VT. The link looks structural: the rolling one-year correlation barely moved, holding between 0.82 and 0.94.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
SPYG vs VT: side by side
| SPYG (SPDR Portfolio S&P 500 Growth ETF) | VT (Vanguard Total World Stock ETF) | |
|---|---|---|
| 1-year return | +22.4% | +22.7% |
| 5-year return | +85.9% | +67.7% |
| Volatility (ann.) | 18.9% | 13.9% |
| Beta vs S&P 500 | 1.25 | 0.92 |
| Max drawdown (3Y) | -22.1% | -16.5% |
| Dividend yield | 0.49% | 1.59% |
| Expense ratio | 0.04% | 0.06% |
| Assets under management | $52.2B | $97.9B |
| Sector / category | ETF · US Style | ETF · Global |
On the fund side, SPYG sits in the Large Growth category at State Street Investment Management, with $52.2B under management, 148 holdings, a 0.04% expense ratio, a 0.49% trailing dividend yield. VT is a Global Large-Stock Blend fund from Vanguard: $97.9B under management, 5308 holdings, a 0.06% expense ratio, a 1.59% trailing dividend yield.
Portfolio overlap between SPYG and VT
The two portfolios partially overlap. Weighing the shared positions, 38.4% of the two funds is identical, spread across 148 common holdings. That shared book is a large part of why the returns line up.
| Common holding | Weight in SPYG | Weight in VT |
|---|---|---|
| NVDA | 14.21% | 4.20% |
| AAPL | 6.44% | 4.00% |
| MSFT | 10.32% | 3.09% |
| AMZN | 3.78% | 2.36% |
| GOOGL | 5.61% | 1.89% |
| AVGO | 4.71% | 1.62% |
| GOOG | 4.49% | 1.49% |
| META | 3.54% | 1.10% |
| JPM | 1.82% | 0.84% |
| MU | 2.96% | 0.83% |
| LLY | 2.63% | 0.82% |
| TSLA | 1.69% | 0.81% |
| BRK.B | 2.59% | 0.75% |
| AMD | 2.19% | 0.69% |
| JNJ | 1.07% | 0.55% |
Largest positions held only by SPYG: . Only by VT: 2330 (1.61%), 005930 (0.72%), XOM (0.58%), ASML (0.57%), 000660 (0.56%).
Overlap = sum of the smaller of the two weights across common holdings, from issuer disclosures as of 2026-08-26. Top 15 common positions shown.
Year-by-year returns
| Year | SPYG | VT |
|---|---|---|
| 2022 | -29.4% | -18.0% |
| 2023 | +30.0% | +22.0% |
| 2024 | +36.0% | +16.5% |
| 2025 | +22.1% | +22.4% |
| 2026 | +14.5% | +15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SPYG and VT good diversifiers for each other?
Not really. At 0.89, the two trade almost as one position, and owning both buys little extra protection.
FAQ
What is the correlation between SPYG and VT?
As of 2026-08-27, the correlation of weekly returns between SPYG and VT is 0.89 over 3 years, 0.88 over 1 year and 0.91 over 5 years.
Is VT a good diversifier for SPYG?
Not really. At 0.89, the two trade almost as one position, and owning both buys little extra protection.
How much do SPYG and VT overlap?
The two funds share 148 holdings amounting to 38.4% of weight, per issuer portfolio files dated 2026-08-26.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/spyg-vs-vt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/spyg-vs-vt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SPYG correlations · VT correlations
