Expense Ratio History

SPY vs VOO: fees

State Street SPDR S&P 500 ETF Trust and Vanguard S&P 500 ETF both track the S&P 500. VOO is cheaper, at 0.03% against 0.0945% for SPY.

SPY

State Street SPDR S&P 500 ETF Trust

0.0945%

Yearly cost per $10,000
$9.45
Fund company
State Street
Type
ETF
Read on
19 October 2026

VOO

Vanguard S&P 500 ETF

0.03%

Yearly cost per $10,000
$3
Fund company
Vanguard
Type
ETF
Read on
19 October 2026
Last change
0.04% to 0.03%, 26 Apr 2019

What the difference costs

On $10,000 held for 10 years at a steady 5% return, SPY's fee costs about $121 and VOO's about $39, a difference of $83. The gap is 6.45 basis points a year, or $6.45 a year on every $10,000.

Fees are one fact among many. The two funds may differ in structure, minimums, tax treatment and tracking, and this site doesn't compare any of that. Each fund's page has its fee history and sources.

Fee history

SPY
SPY expense ratio: read at 0.0945% on 19 Oct 2026.0.00%0.05%0.10%0.15%0.20%Aug 2026Sep 2026Oct 20260.0945% on 19 Oct 2026
SPY expense ratio: read at 0.0945% on 19 Oct 2026.0.00%0.05%0.10%0.15%0.20%Aug 2026Sep 2026Oct 20260.0945% on 19 Oct 2026
VOO
VOO expense ratio: 0.05% until 27 Apr 2017, then 0.04%; 0.04% until 26 Apr 2019, then 0.03%; read at 0.03% on 19 Oct 2026.0.00%0.02%0.04%0.06%0.08%Apr 2016Feb 2018Dec 2019Oct 2021Aug 2023Jun 20250.05% before0.03% from 26 Apr 2019
VOO expense ratio: 0.05% until 27 Apr 2017, then 0.04%; 0.04% until 26 Apr 2019, then 0.03%; read at 0.03% on 19 Oct 2026.0.00%0.02%0.04%0.06%0.08%Apr 2016Nov 2019Jun 20230.05% before0.03% from 26 Apr 2019

All S&P 500 index funds we track

Compare them all