ETF comparison · S&P 500 (UCITS)
VUAA vs SPYL: overlap by weight, TER & holdings
Vanguard S&P 500 UCITS ETF (USD) Accumulating vs SPDR S&P 500 UCITS ETF (Acc)
Vanguard scale and tracking record against SPDR price leadership. Identical exposure; the choice is fee versus size and lending policy.
VUAA also trades as VUAG (LSE (GBP)).
VUAA vs SPYL at a glance
| VUAA | SPYL | |
|---|---|---|
| Fund | Vanguard S&P 500 UCITS ETF (USD) Accumulating | SPDR S&P 500 UCITS ETF (Acc) |
| ISIN | IE00BFMXXD54 | IE000XZSV718 |
| Index | S&P 500 | S&P 500 |
| Market exposure | US large cap | US large cap |
| TER | 0.07% | 0.03% |
| Holdings in fund | 503 | 503 |
| Fund size | ≈ 86 bn USD | ≈ 12 bn USD |
| Domicile | Ireland | Ireland |
| Replication | Physical (full) | Physical (full) |
| Use of income | Accumulating | Accumulating |
| Launched | May 14, 2019 | Oct 31, 2023 |
Top shared holdings
| VUAA | SPYL | |
|---|---|---|
| NVDANVIDIA Corp | 8.09% | 8.16% |
| AAPLApple Inc | 7.04% | 7.44% |
| MSFTMicrosoft Corp | 5.7% | 5.56% |
| AMZNAmazon.com Inc | 3.85% | 3.78% |
| GOOGLAlphabet Inc | 3.01% | 3.11% |
| AVGOBroadcom Inc | 2.65% | 2.58% |
| GOOGAlphabet Inc | 2.4% | 2.48% |
| METAMeta Platforms Inc | 1.9% | 2.23% |
| MUMicron Technology Inc | 1.64% | 1.74% |
| TSLATesla Inc | 1.57% | 1.56% |
| JPMJPMorgan Chase & Co | 1.44% | 1.41% |
| BRK/BBerkshire Hathaway Inc | 1.4% | 1.44% |
| LLYEli Lilly & Co | 1.38% | 1.4% |
| AMDAdvanced Micro Devices Inc | 1.16% | 1.39% |
| XOMExxonMobil Holdings Corp | 1.01% | 1.02% |
Weights per fund, normalized. 487 companies appear in both funds.
What the fee gap costs
Growth of 10,000 invested at 7% annual return, after each fund’s TER: 0.07% for VUAA, 0.03% for SPYL.
| VUAA | SPYL | Difference | |
|---|---|---|---|
| After 10 years | 19,543 | 19,616 | 73 |
| After 20 years | 38,194 | 38,480 | 287 |
| After 30 years | 74,643 | 75,485 | 842 |
SPYL comes out ahead by about 842 per 10,000 invested over 30 years. TER only. Trading spreads, taxes and broker fees are not included.
Domicile and withholding tax
Both funds are domiciled in Ireland, so fund-level dividend withholding works the same way for both. Domicile does not separate this pair.
Frequently asked questions
Do VUAA and SPYL overlap?+
Yes: 95.83% by weight, with 487 holdings appearing in both funds. 98.2% of VUAA’s weight is also inside SPYL.
Do VUAA and SPYL track the same index?+
Yes. Both funds track the same index: S&P 500. Return differences come from fees, replication and trading costs, not from index choice.
Which is cheaper, VUAA or SPYL?+
SPYL: 0.03% per year against 0.07% for VUAA. At 7% growth that gap is worth about 842 per 10,000 invested over 30 years.
Is it worth holding both VUAA and SPYL?+
Holding both mostly duplicates exposure: 95.83% of the pair overlaps by weight. Most investors pick one, or combine one of them with a fund covering different markets.
More comparisons
Methodology
Overlap is the sum of min(weight A, weight B) across holdings that appear in both funds, with each fund’s stored weights normalized to 100%. Holdings come from issuer feeds and regulatory filings in our ETF holdings database; TER and fund size come from fund profile data and are refreshed regularly. Figures update when the underlying holdings data updates.
Holdings data as of Sep 21, 2026, from our ETF holdings database.