Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
SPYG vs XLG: how they differ
SPYG and XLG hold 69% of their weight in the same names, and SPYG returned more over the year.
State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF and Invesco S&P 500 Top 50 ETF.
What they hold in common
By the books each fund has filed, SPYG and XLG hold 69% of their money in the same securities at the same weight.
| Holding | SPYG | XLG |
|---|---|---|
| NVIDIA Corp | 13.66% | 13.10% |
| Microsoft Corp | 7.81% | 8.18% |
| Apple Inc | 5.99% | 10.76% |
| Alphabet Inc | 5.91% | 6.05% |
| Broadcom Inc | 5.04% | 4.85% |
| Alphabet Inc | 4.71% | 4.82% |
| Meta Platforms Inc | 3.49% | 3.61% |
| Amazon.com Inc | 3.48% | 6.99% |
| Berkshire Hathaway Inc | 2.58% | 2.35% |
| Tesla Inc | 2.07% | 2.90% |
| Eli Lilly & Co | 2.67% | 2.00% |
| JPMorgan Chase & Co | 1.68% | 2.28% |
| Only in SPYG | Only in XLG |
|---|---|
| Micron Technology Inc 3.67% | Exxon Mobil Corp. 1.74% |
| Applied Materials Inc 1.62% | Walmart Inc. 1.56% |
| Lam Research Corp 1.53% | Costco Wholesale Corp. 1.22% |
| KLA Corp 1.11% | Chevron Corp. 0.98% |
| Sandisk Corp 0.95% | Bank of America Corp. 0.96% |
| GE Vernova Inc 0.89% | Procter & Gamble Co. (The) 0.92% |
| RTX Corp 0.72% | UnitedHealth Group Inc. 0.91% |
| Amphenol Corp 0.61% | Home Depot, Inc. (The) 0.88% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.
| SPYG State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF | XLG Invesco S&P 500 Top 50 ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | State Street | Invesco |
| What it is | SPDR Portfolio S&P 500 Growth | S&P 500 top 50 |
| Total return, 1 year | +17.9% | +12.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +0.4 pts | −5.3 pts |
| Expense ratio | 0.04% | 0.20% |
| Already in the S&P 500 | 100.0% | 100.0% |
| Holdings | 147 | 51 |
SPYG in plain words
SPYG is an index equity fund tracking the SPDR Portfolio S&P 500 Growth. Over the year to Sep 11, 2026 it returned +17.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 147 positions, with the top ten at 56.4%.
XLG in plain words
XLG is an index equity fund tracking the S&P 500 top 50. Over the year to Sep 11, 2026 it returned +12.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.20% a year. By its holdings filed for Apr 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 51 positions, with the top ten at 63.6%.
Questions people ask
- Which returned more over the last year, SPYG or XLG?
- In the year to Sep 12, 2026, with distributions reinvested, SPYG returned +17.9% and XLG returned +12.2%, so SPYG returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SPYG or XLG?
- SPYG charges 0.04% a year and XLG charges 0.20%, so SPYG is cheaper. Fees come from each fund's prospectus.
- How much do SPYG and XLG overlap with the S&P 500?
- By their latest filed holdings, 100% of SPYG and 100% of XLG by weight is stocks the S&P 500 already holds. Between the two funds, 69% of their books are the same securities at the same weight.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, SPYG against XLG, data as of Sep 12, 2026. https://etfiq.com/compare/any/SPYG-XLG Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources