SPY vs VCSH
SPY vs VCSH · Last updated April 5, 2026
| Metric | SPY | VCSH | |
|---|---|---|---|
| Price | $655.83 | $79.10 | — |
| Expense Ratio | 0.09% | 0.03% | VCSH |
| Dividend Yield | N/A | N/A | — |
| AUM | $698.3B | $48.3B | SPY |
Performance Comparison
| Period | SPY | VCSH |
|---|---|---|
| 1M | -3.48% | -0.33% |
| 3M | -4.38% | +0.15% |
| 6M | -1.44% | +1.38% |
| YTD | -3.56% | +0.29% |
| 1Y | +31.28% | +4.86% |
| 3Y | N/A | N/A |
| 5Y | N/A | N/A |
Dividend Comparison
| Ex-Date | Ticker | Amount |
|---|---|---|
| April 1, 2026 | VCSH | $0.30 |
| March 20, 2026 | SPY | $1.80 |
| March 2, 2026 | VCSH | $0.27 |
| February 2, 2026 | VCSH | $0.30 |
| December 19, 2025 | SPY | $1.99 |
| December 18, 2025 | VCSH | $0.30 |
| December 1, 2025 | VCSH | $0.29 |
| November 3, 2025 | VCSH | $0.30 |
| October 1, 2025 | VCSH | $0.29 |
| September 19, 2025 | SPY | $1.83 |
| September 2, 2025 | VCSH | $0.29 |
| August 1, 2025 | VCSH | $0.30 |
| July 1, 2025 | VCSH | $0.29 |
| June 20, 2025 | SPY | $1.76 |
| June 2, 2025 | VCSH | $0.30 |
| May 1, 2025 | VCSH | $0.28 |
| March 21, 2025 | SPY | $1.70 |
| December 20, 2024 | SPY | $1.97 |
| September 20, 2024 | SPY | $1.75 |
| June 21, 2024 | SPY | $1.76 |
Key Differences
SPY and VCSH serve different roles in many portfolios. Understanding the specific differences in cost, performance, and risk profile can help clarify which fund aligns with different investment objectives.
VCSH charges an expense ratio of 0.03%, which is lower than SPY's 0.09%. This 0.06% difference translates to approximately $64.50 per year on a $100,000 investment. Over a 30-year period, the compounding effect of lower fees could result in a difference of roughly $2,902.50.
SPY is the larger fund with $698.3B in assets under management — roughly 14.5x the size of VCSH's $48.3B. Larger AUM generally correlates with higher trading volume, tighter bid-ask spreads, and lower trading costs for investors.
All metrics shown are based on historical and trailing data. Forward-looking expectations may differ significantly from past performance.
How to Compare SPY and VCSH
- If minimizing costs is a priority, compare the expense ratios: SPY charges 0.09% and VCSH charges 0.03%.
- For liquidity, larger funds with higher AUM typically have tighter bid-ask spreads and more efficient trading.
- Review historical performance across different time periods (1-month to 5-year) to understand how each has performed in various market conditions.
Frequently Asked Questions
Is SPY or VCSH a better investment?
Whether SPY or VCSH is more suitable depends on your individual investment goals, risk tolerance, and time horizon. SPY and VCSH differ in key metrics like expense ratio, dividend yield, and assets under management. This page provides objective data to help you compare the two.
What is the expense ratio difference between SPY and VCSH?
VCSH has an expense ratio of 0.03%, while SPY charges 0.09%. On a $10,000 investment, this 0.06% difference costs approximately $6.45 per year.
Which fund is larger, SPY or VCSH?
SPY has $698.3B in assets under management, making it the larger fund. Larger funds tend to have better liquidity and tighter bid-ask spreads.
What are the risks of investing in SPY vs VCSH?
Both SPY and VCSH carry market risk — their values can decline during market downturns. Past performance does not guarantee future results. Consider factors like volatility, sector concentration, and your own risk tolerance when evaluating either investment.
See how expense ratio differences affect your returns over time → Expense Ratio Calculator