Canopy← Back to S&P 500
ETF Comparison / S&P 500 / Old vs New

Old vs New

SPY is oldest and most traded. VOO is cheapest. Does it matter?

VOO

Vanguard S&P 500 ETF

Canopy Recommended
Vanguard

Overview

Tracks the S&P 500 Index, providing exposure to 500 of the largest U.S. companies.

InceptionSeptember 2010
Assets Under Management
$1.5T
Total Holdings503

Cost & Efficiency

Expense Ratio
0.03%
$300 per year on a $10,000 investment
Turnover Ratio
3%
Dividend Yield
+128.0%

Top Holdings

Apple Inc.7.1%
Microsoft Corp.6.5%
NVIDIA Corp.5.3%
Amazon.com Inc.3.6%
Alphabet Inc. Class A2.2%
Meta Platforms Inc.2.1%
Alphabet Inc. Class C1.9%
Berkshire Hathaway Inc. Class B1.8%
Tesla Inc.1.7%
Eli Lilly and Co.1.5%

Historical Performance

Past performance doesn't guarantee future results

YTD
+2.3%
1 Yr
+25.2%
3 Yr
+9.8%
5 Yr
+15.1%
10 Yr
+13.2%
Data as of January 2026

Learn More

Last updated: February 2026

SPY

SPDR S&P 500 ETF Trust

SPDR

Overview

The first and largest ETF, tracking the S&P 500 Index to provide exposure to 500 of the largest U.S. companies.

InceptionJanuary 1993
Assets Under Management
$570.0B
Total Holdings503

Cost & Efficiency

Expense Ratio
0.09%
$945 per year on a $10,000 investment
Turnover Ratio
2%
Dividend Yield
+127.0%

Top Holdings

Apple Inc.7.1%
Microsoft Corp.6.5%
NVIDIA Corp.5.3%
Amazon.com Inc.3.6%
Alphabet Inc. Class A2.2%
Meta Platforms Inc.2.1%
Alphabet Inc. Class C1.9%
Berkshire Hathaway Inc. Class B1.8%
Tesla Inc.1.7%
Eli Lilly and Co.1.5%

Historical Performance

Past performance doesn't guarantee future results

YTD
+2.2%
1 Yr
+25.0%
3 Yr
+9.6%
5 Yr
+14.9%
10 Yr
+13.0%
Data as of January 2026

Learn More

Last updated: February 2026

Why This Matters

Expense ratios compound over decades. A difference of just 0.10% on a $100,000 investment equals roughly $10,000 less over 30 years. That's your money working for fund managers instead of you. See the Fee Trap calculator →