ETF comparison

VUSA vs SPY5

Vanguard S&P 500 UCITS ETF (USD) Distributing
IE00B3XXRP09Vanguard
State Street® SPDR® S&P® 500 UCITS ETF (Dist)
IE00B6YX5C33State Street
Figures as of September 30, 2026 (VUSA) · October 2, 2026 (SPY5)

The comparison in short

VUSA (Vanguard S&P 500 UCITS ETF (USD) Distributing, IE00B3XXRP09) and SPY5 (State Street® SPDR® S&P® 500 UCITS ETF (Dist), IE00B6YX5C33) both track the S&P 500 index. SPY5 has the lower total expense ratio (TER): 0.03% a year against 0.07% for VUSA, 0.04 percentage points less, or about 4 a year on 10,000 invested. VUSA is the larger fund, with USD 88.97bn in assets against USD 44.4bn for SPY5, about 2 times the size. VUSA reports 512 holdings and SPY5 505. 8 of the holdings published by VUSA (top 10) and SPY5 (top 10) appear in both lists; measured on those published positions only, the overlap is at least 35.9%. Shared holdings include NVIDIA Corp., Apple Inc., Microsoft Corp., Alphabet Inc. and Amazon.com Inc.. In 2025, VUSA and SPY5 both returned +17.6%. Over 10 years, VUSA returned +15.0% a year and SPY5 +15.0% a year. VUSA and SPY5 both pay out their income (distributing share classes). VUSA and SPY5 both hold the index securities directly (physical replication). Both are domiciled in Ireland. VUSA and SPY5 both carry a risk indicator (SRRI) of 4 on the 1–7 scale. This is a factual comparison from the fund houses' documents, not investment advice.

Side by side

FigureVUSASPY5
ISINIE00B3XXRP09IE00B6YX5C33
Exchange tickersVUSA, VUSDSPY5, SPX5
Fund houseVanguardState Street
Total expense ratio (TER)0.07%0.03%
Ongoing charges (KID)0.07%0.03%
Fund sizeUSD 88.97bnUSD 44.4bn
Launch dateMay 22, 2012March 19, 2012
ReplicationPhysicalPhysical
DomicileIrelandIreland
Distribution policyDistributingDistributing
Share class currencyUSDUSD
Number of holdings512505
Risk indicator (SRRI)4 / 74 / 7
BenchmarkS&P 500 Net Total ReturnS&P 500® Index

Performance

Calendar-year returns

YearVUSASPY5Difference
2025+17.6%+17.6%0.0
2024+24.7%+24.7%0.0
2023+25.9%+25.9%0.0
2022−18.3%−18.4%+0.1
2021+28.4%+28.3%+0.1

Annualised returns

PeriodVUSASPY5Difference
1 year+15.5%+20.1%−4.6
3 years+22.6%+20.7%+1.9
5 years+13.5%+12.5%+1.0
10 years+15.0%+15.0%0.0
Returns as published by each fund house, in each share class's currency and net of the fund's charges. The difference is in percentage points. Past performance does not predict future returns.

Holdings

8 of the holdings published by VUSA (top 10) and SPY5 (top 10) appear in both lists; measured on those published positions only, the overlap is at least 35.9%. Shared holdings include NVIDIA Corp., Apple Inc., Microsoft Corp., Alphabet Inc. and Amazon.com Inc..

Top 10 holdings of VUSA

#HoldingWeight
1
NVIDIA Corp.In both
8.10%
2
Apple Inc.In both
7.00%
3
Microsoft Corp.In both
5.70%
4
Alphabet Inc.In both
5.40%
5
Amazon.com Inc.In both
3.80%
6
Broadcom Inc.In both
2.70%
7
Meta Platforms Inc.In both
1.90%
8
Micron Technology Inc.In both
1.60%
9
Tesla Inc.
1.60%
10
JPMorgan Chase & Co.
1.40%

Top 10 holdings of SPY5

#HoldingWeight
1
NVIDIA CorporationIn both
8.46%
2
Apple Inc.In both
7.30%
3
Microsoft CorporationIn both
5.76%
4
Amazon.com Inc.In both
3.69%
5
Alphabet Inc. Class AIn both
3.00%
6
Broadcom Inc.In both
2.47%
7
Meta Platforms Inc Class AIn both
2.42%
8
Alphabet Inc. Class CIn both
2.41%
9
Micron Technology Inc.In both
1.88%
10
Advanced Micro Devices Inc.
1.52%
Compare every published holding of VUSA and SPY5 in the overlap checker

Sectors and countries

Largest sectors of VUSA

  1. Information Technology37.9%
  2. Financials12.3%
  3. Communication Services9.5%
  4. Health Care9.3%
  5. Consumer Discretionary9.1%
  6. Industrials8.3%
+ 4 more

Largest sectors of SPY5

  1. Information Technology39.9%
  2. Financials11.4%
  3. Communication Services9.8%
  4. Health Care9.1%
  5. Consumer Discretionary8.6%
  6. Industrials8.1%
+ 5 more

Largest countries of VUSA

  1. United States99.9%
  2. United Kingdom0.1%

Largest countries of SPY5

  1. United States100.0%

Frequently asked questions

What is the difference between VUSA and SPY5?

VUSA (Vanguard S&P 500 UCITS ETF (USD) Distributing, IE00B3XXRP09) and SPY5 (State Street® SPDR® S&P® 500 UCITS ETF (Dist), IE00B6YX5C33) both track the S&P 500 index. SPY5 has the lower total expense ratio (TER): 0.03% a year against 0.07% for VUSA, 0.04 percentage points less, or about 4 a year on 10,000 invested. VUSA and SPY5 both pay out their income (distributing share classes). VUSA and SPY5 both hold the index securities directly (physical replication). Both are domiciled in Ireland. This is a factual comparison from the fund houses' documents, not investment advice.

Which is cheaper, VUSA or SPY5?

SPY5 has the lower total expense ratio (TER): 0.03% a year against 0.07% for VUSA, 0.04 percentage points less, or about 4 a year on 10,000 invested. Their key information documents state ongoing charges of 0.07% for VUSA and 0.03% for SPY5.

Which is bigger, VUSA or SPY5?

VUSA is the larger fund, with USD 88.97bn in assets against USD 44.4bn for SPY5, about 2 times the size.

Do VUSA and SPY5 hold the same companies?

8 of the holdings published by VUSA (top 10) and SPY5 (top 10) appear in both lists; measured on those published positions only, the overlap is at least 35.9%. Shared holdings include NVIDIA Corp., Apple Inc., Microsoft Corp., Alphabet Inc. and Amazon.com Inc..

How did VUSA and SPY5 perform in 2025?

In 2025, VUSA and SPY5 both returned +17.6%. Over 10 years, VUSA returned +15.0% a year and SPY5 +15.0% a year. Over the past year, VUSA returned +15.5% and SPY5 +20.1%. Past performance does not predict future returns.

Are VUSA and SPY5 accumulating or distributing?

VUSA is distributing: it pays its income out to investors. SPY5 is distributing: it pays its income out to investors.

Go further

Other comparisons

Figures are read from the documents each fund house publishes (product page, factsheet, key information document, holdings file) and refreshed weekly. Names and tickers identify the products; FundFacts API is independent of every fund house and index provider. This comparison is factual information, not investment advice or a recommendation to buy or sell either fund.