SPY vs VIG

State Street SPDR S&P 500 ETF Trust compared with Vanguard Dividend Appreciation Index Fund ETF Shares on yield, payout growth, payment schedule, cost and risk.

SPY

State Street SPDR S&P 500 ETF Trust

0.98%

TTM yield · Quarterly

VS

VIG

Vanguard Dividend Appreciation Index Fund ETF Shares

1.49%

TTM yield · Quarterly

Quick take

Generated from the latest data on both pages. Not a recommendation.

Side by side

MetricSPYVIG
Share price$766.00$240.13
TTM yield0.98%1.49%
Forward yield0.99%1.66%
Annual payout per share$7.616$3.996
Payment frequencyQuarterlyQuarterly
Next ex-dateSep 17, 2026 (est.)Sep 25, 2026 (est.)
Expense ratio0.09%0.04%
1-year payout growth+5.0%+1.7%
5-year payout CAGR+6.2%+8.2%
Consecutive years of increases12 years1 year
Payout consistency (last 12)93/10093/100
1-year total return+19.9%+15.5%
1-year price return+18.8%+13.8%
Size (market cap / AUM)811.9B132.3B
Years paying33.520.2
Sector / categoryLarge BlendLarge Blend

✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).

$10,000 invested today

SPYVIG
Shares13.141.6
Income per year$99$166
Income per month (avg)$8$14

At forward yields, before taxes. Model SPY · Model VIG

Next payments

Ex-datePay datePer shareStatus
SPY Sep 17, 2026Oct 1, 2026$1.904Est.
SPY Dec 17, 2026Dec 31, 2026$1.904Est.
SPY Mar 18, 2027Apr 1, 2027$1.904Est.
VIG Sep 25, 2026Oct 9, 2026$0.999Est.
VIG Dec 25, 2026Jan 8, 2027$0.999Est.
VIG Mar 26, 2027Apr 9, 2027$0.999Est.

Annual payouts per share

SPYVIG

Annual dividend per share, SPY vs VIG, 2019 to 2026VIGSPY$0.00$4.00$8.00SPY 2019: $5.619VIG 2019: $2.1342019SPY 2020: $5.691VIG 2020: $2.2972020SPY 2021: $5.715VIG 2021: $2.6612021SPY 2022: $6.32VIG 2022: $2.9732022SPY 2023: $6.633VIG 2023: $3.2092023SPY 2024: $7.066VIG 2024: $3.3792024SPY 2025: $7.281VIG 2025: $3.5582025SPY 2026 (YTD): $3.701VIG 2026 (YTD): $1.8322026 YTD

Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.

FAQ

Which has the higher dividend yield, SPY or VIG?

VIG currently has the higher trailing yield: SPY yields 0.98% and VIG yields 1.49%. Yield changes daily with price, so check the live figures above.

How often do SPY and VIG pay?

SPY pays every quarter and VIG pays every quarter. SPY's next ex-date is Sep 17, 2026 and VIG's is Sep 25, 2026.

Which has grown its dividend faster, SPY or VIG?

VIG has grown its payout faster: 8.2%/yr vs 6.2%/yr over the last 5 years.

Is SPY or VIG better for income?

It depends on what you are optimising for. SPY and VIG differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.

Related comparisons

SPY dividend history →
VIG dividend history →

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