SPYG vs IVW Stock Comparison: AI Score, Valuation, Performance and Upside
SPYG and IVW both target large-cap growth exposure but take different paths to get there — SPYG via the S&P 500 Growth Index, and IVW via the S&P 500 Growth Index. The practical differences come down to issuer, cost structure, and the specific index rules each fund follows, since both are pursuing a similar investment outcome.
SPYG vs IVW is largely a question of which issuer and index methodology you trust more for large-cap growth exposure — the underlying investment case is similar, so cost, liquidity, and tracking precision tend to be the deciding factors.
SPYG holds the edge across 4 of 5 key metrics in this comparison. SPYG has delivered stronger 1-year price return (+17.42% vs +17.27% for IVW).
- want the cheapest possible way to buy S&P 500 growth exposure
- prefer State Street's approach and fund lineup
- value one of the lowest expense ratios in the growth ETF category
- are comfortable with smaller asset base and volume than Vanguard's growth funds
- want S&P 500 growth exposure for investors already using iShares core funds
- prefer iShares (BlackRock)'s approach and fund lineup
- value backed by BlackRock's scale and index-tracking infrastructure
- are comfortable with slightly higher expense ratio than Vanguard's or SPDR's growth funds
| Metric | SPYG | IVW |
|---|---|---|
| ETF scorei | 75.0 | 73.0 |
| Latest closei | $121.47 | $140.13 |
| 1M returni | +0.68% | +0.67% |
| 6M returni | +23.12% | +23.01% |
| 1Y returni | +17.42% | +17.27% |
The ETF score weights long-term returns and risk-adjusted performance most heavily, but still rewards low expense ratios, larger fund size, and broader diversification — so it can favor low-cost, broad, mega-cap funds over smaller thematic or actively-managed funds even when the latter have delivered stronger returns.
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | SPYG | IVW |
|---|---|---|
| 1Y ago | $11.8K (+18.0%) started 2025-09-18 | $11.77K (+17.7%) started 2025-09-18 |
| 5Y ago | $20.07K (+100.7%) started 2021-09-20 | $19.8K (+98.0%) started 2021-09-20 |
| 10Y ago | $57.82K (+478.2%) started 2016-09-19 | $56.79K (+467.9%) started 2016-09-19 |
Hypothetical — past performance does not guarantee future results.
| Metric | SPYG | IVW |
|---|---|---|
| Expense ratioi | 0.04% | 0.18% |
| Total assets (AUM)i | $54.46B | $76.57B |
| Dividend yieldi | 0.48% | 0.36% |
| Trailing P/Ei | 27.00 | 26.98 |
| Betai | 1.17 | 1.17 |
| 52-week change | 17.42% | 17.27% |
| Metric | SPYG | IVW |
|---|---|---|
| 1Y returni | +17.42% | +17.27% |
| 6M returni | +23.12% | +23.01% |
| 1M returni | +0.68% | +0.67% |
| 1Y Sharpe ratio | 0.73 | 0.73 |
| Betai | 1.17 | 1.17 |
| Dividend yieldi | 0.48% | 0.36% |
| 5Y CAGR | +14.04% | +13.88% |
Over the past year, SPYG and IVW have moved strongly in the same direction (correlation of 1.00), based on daily returns.
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
| Period | Metric | SPYG | IVW |
|---|---|---|---|
| 1Y | Growthi | +17.42% | +17.27% |
| CAGRi | +17.43% | +17.28% | |
| Volatilityi | 18.27% | 18.06% | |
| Sharpe ratioi | 0.73 | 0.73 | |
| Sortino ratioi | 1.07 | 1.06 | |
| Max drawdowni | 13.76% | 13.75% | |
| Current drawdowni | 1.56% | 1.60% | |
| Avg drawdowni | 2.90% | 2.90% | |
| Ulcer Indexi | 3.85% | 3.85% | |
| Max daily dropi | 3.83% | 3.81% | |
| Max wkly dropi | 6.01% | 6.04% | |
| 5Y | Growthi | +92.68% | +91.34% |
| CAGRi | +14.04% | +13.88% | |
| Volatilityi | 21.55% | 21.54% | |
| Sharpe ratioi | 0.51 | 0.50 | |
| Sortino ratioi | 0.73 | 0.72 | |
| Max drawdowni | 32.67% | 32.72% | |
| Current drawdowni | 1.56% | 1.60% | |
| Avg drawdowni | 9.97% | 10.01% | |
| Ulcer Indexi | 14.04% | 14.10% | |
| Max daily dropi | 6.14% | 6.15% | |
| Max wkly dropi | 11.27% | 11.27% | |
| 10Y | Growthi | +418.19% | +412.58% |
| CAGRi | +17.89% | +17.76% | |
| Volatilityi | 20.81% | 20.78% | |
| Sharpe ratioi | 0.68 | 0.68 | |
| Sortino ratioi | 0.96 | 0.95 | |
| Max drawdowni | 32.67% | 32.72% | |
| Current drawdowni | 1.56% | 1.60% | |
| Avg drawdowni | 6.44% | 6.46% | |
| Ulcer Indexi | 10.60% | 10.64% | |
| Max daily dropi | 11.98% | 11.88% | |
| Max wkly dropi | 16.78% | 17.04% |
| Category | SPYG | IVW |
|---|---|---|
| Fund name | State Street SPDR Portfolio S&P 500 Growth ETF | iShares S&P 500 Growth ETF |
| Type | ETF | ETF |
| Expense ratioi | 0.04% | 0.18% |
| Total assets (AUM)i | $54.46B | $76.57B |
| Dividend yieldi | 0.48% | 0.36% |
- One of the lowest expense ratios in the growth ETF category
- Tracks the same well-established S&P 500 Growth index as VOOG
- Backed by State Street's SPDR indexing infrastructure
- Backed by BlackRock's scale and index-tracking infrastructure
- Tracks the same established S&P 500 Growth benchmark
- Solid liquidity within the iShares fund family
- Smaller asset base and volume than Vanguard's growth funds
- Same mega-cap tech concentration as any S&P growth fund
- Rebalances only twice a year, so style drift can build up
- Slightly higher expense ratio than Vanguard's or SPDR's growth funds
- Same mega-cap tech concentration as any S&P 500 growth product
- Semi-annual index rebalancing can lag fast style rotations
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