Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
SPY vs SPYG: how they differ
SPY and SPYG hold 66% of their weight in the same names.
SPDR S&P 500 ETF Trust and State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF.
What they hold in common
By the books each fund has filed, SPY and SPYG hold 66% of their money in the same securities at the same weight.
| Holding | SPY | SPYG |
|---|---|---|
| NVIDIA CORP | 8.08% | 14.85% |
| APPLE INC | 7.33% | 6.73% |
| MICROSOFT CORP | 5.59% | 10.27% |
| AMAZON.COM INC | 3.77% | 3.67% |
| ALPHABET INC CL A | 2.98% | 5.47% |
| BROADCOM INC | 2.61% | 4.80% |
| ALPHABET INC CL C | 2.39% | 4.38% |
| META PLATFORMS INC CLASS A | 2.16% | 3.97% |
| MICRON TECHNOLOGY INC | 1.69% | 3.09% |
| TESLA INC | 1.56% | 1.78% |
| JPMORGAN CHASE + CO | 1.45% | 1.81% |
| BERKSHIRE HATHAWAY INC CL B | 1.42% | 2.61% |
| Only in SPY | Only in SPYG |
|---|---|
| EXXONMOBIL HOLDINGS CORP 1.05% | SSI US GOV MONEY MARKET CLASS 0.06% |
| INTEL CORP 0.76% | |
| WALMART INC 0.71% | |
| BANK OF AMERICA CORP 0.62% | |
| COSTCO WHOLESALE CORP 0.61% | |
| CHEVRON CORP 0.61% | |
| MERCK + CO. INC. 0.55% | |
| UNITEDHEALTH GROUP INC 0.54% |
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 Sep 10, 2026.
| SPY SPDR S&P 500 ETF Trust | SPYG State Street(R) SPDR(R) Portfolio S&P 500(R) Growth ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | State Street | State Street |
| What it is | S&P 500 | SPDR Portfolio S&P 500 Growth |
| Total return, 1 year | +17.5% | +17.9% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | 0.0 pts | +0.4 pts |
| Expense ratio | 0.09% | 0.04% |
| Already in the S&P 500 | 100.0% | 100.0% |
| Holdings | 505 | 150 |
SPY in plain words
SPY is an index equity fund tracking the S&P 500. Over the year to Sep 11, 2026 it returned +17.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings filed for Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 505 positions, with the top ten at 38.2%.
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 Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 150 positions, with the top ten at 59.8%.
Questions people ask
- Which returned more over the last year, SPY or SPYG?
- In the year to Sep 13, 2026, with distributions reinvested, SPY returned +17.5% and SPYG returned +17.9%, so SPYG returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, SPY or SPYG?
- SPY charges 0.09% a year and SPYG charges 0.04%, so SPYG is cheaper. Fees come from each fund's prospectus.
- How much do SPY and SPYG overlap with the S&P 500?
- By their latest filed holdings, 100% of SPY and 100% of SPYG by weight is stocks the S&P 500 already holds. Between the two funds, 66% 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, SPY against SPYG, data as of Sep 13, 2026. https://etfiq.com/compare/any/spy-vs-spyg Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources