VTI and SPTM provide low-cost, core U.S. equity exposure, but VTI's massive $2.3 trillion asset base and broader market reach give it a liquidity advantage over the S&P 1500-focused SPTM.
Nvidia is the largest holding in both VTI and SPTM, representing about 7% of each fund.
VTI is highlighted as the broader, more liquid total market ETF with $2.3 trillion AUM, giving it a slight edge over SPTM.
SPTM offers a narrower S&P 1500 focus with slightly higher returns and lower drawdown, but is considered inferior to VTI due to lower liquidity.
Apple is a top holding in both ETFs, with a weight of around 6-7%.
Microsoft is a top holding in both ETFs, with a weight of around 5%.
Vanguard's VTI and State Street's SPTM offer identical 0.03% expense ratios and 1% dividend yields for U.S. equity exposure. While SPTM tracks the S&P 1500 with a narrower focus, VTI provides broader coverage of over 3,500 stocks, cementing its position as a liquidity leader with $2.3 trillion in AUM.
The primary difference is their index tracking: VTI tracks the CRSP US Total Market Index for nearly 100% market coverage, while SPTM tracks the S&P 1500, covering approximately 90% of the investable U.S. market.