BAMG vs SPY
Brookstone Growth Stock ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, BAMG or SPY?
Large Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. BAMG led over 1Y, SPY over 3Y and the full window. The two have moved almost in lockstep, correlation 0.93. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 43.8%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BAMG | SPY |
|---|---|---|
| Expense Ratio | 0.89% | 0.09%Best |
| AUM | $137M | $823.2B |
| Dividend Yield | 0.01% | 0.99% |
| Holdings | 204 | 1,515 |
| YTD Return | +12.15% | +13.53%Best |
| 1Y Return | +18.27%Best | +17.47% |
| 3Y Return (annualized) | +21.10% | +22.36%Best |
| 5Y Return (annualized) | - | +13.21% |
| Volatility (annualized) | 14.9% | 12.3%Best |
| Max Drawdown | -21.0% | -18.8%Best |
| $10,000 over 3 years | $17,989 | $18,550Best |
| Top 10 Weight | 43.8% | 38.2%Best |
| Fund Family | Brookstone Asset Management | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Sep 27, 2023 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Sep 27, 2023 to Oct 14, 2026 (3 years).
BAMG vs SPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3 years both funds cover.
BAMG vs SPY Performance
Brookstone Growth Stock ETF (BAMG) is an ETF from Brookstone Asset Management and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year BAMG returned +18.27% while SPY returned +17.47%. Year to date, BAMG is up 12.15% versus a gain of 13.53% for SPY.
Over three years, BAMG compounded at +21.10% per year against +22.36% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BAMG has been the more volatile fund, with annualized monthly volatility of 14.9% compared with 12.3% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -21.0% for BAMG and -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BAMG charges 0.89% per year while SPY charges 0.09%. On a $10,000 position that is $89 vs $9 annually, a gap of $80 per year that compounds over a long holding period. On income, BAMG currently yields 0.01% against 0.99% for SPY.
Holdings Overlap
93.9% of BAMG's money is in holdings SPY also owns. 53.7% of SPY's money is in holdings BAMG also owns.
Most of BAMG is already inside SPY. Owning both mostly buys the same companies twice.
90 positions in common, counted across the 100 positions we hold weights for in BAMG and 504 in SPY, against full books of 204 and 1,515.
What only one of them owns
Our book lists 406 positions for SPY that do not appear in our book for BAMG (45.4% of the fund), and 4 for BAMG that do not appear in SPY (0.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in BAMG | Weight in SPY | Difference |
|---|---|---|---|
| NVDANvidia Corp | 5.11% | 7.78% | 2.67% |
| AAPLApple, Inc | 5.15% | 7.45% | 2.30% |
| MSFTMicrosoft Corp | 5.14% | 5.71% | 0.57% |
| AMZNAmazon.Com Inc | 4.82% | 3.78% | 1.04% |
| GOOGLAlphabet Inc | 5.07% | 3.12% | 1.95% |
| AVGOBroadcom Inc | 4.68% | 2.48% | 2.20% |
| JPMJpmorgan Chase | 3.74% | 1.43% | 2.31% |
| LLYEli Lilly & Co. | 3.71% | 1.37% | 2.34% |
| AMDAdvanced Micro Devices Inc | 3.64% | 1.22% | 2.42% |
| VVisa Inc Class A | 2.69% | 0.95% | 1.74% |
93.9% of BAMG is already inside SPY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BAMG or SPY?
BAMG has an expense ratio of 0.89% while SPY charges 0.09%. SPY is the cheaper option, by $80 a year on a $10,000 investment.
Which performed better, BAMG or SPY?
Over the past year BAMG returned +18.27% vs +17.47% for SPY, so BAMG leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BAMG or SPY?
BAMG has been the more volatile fund at 14.9% annualized versus 12.3% for SPY. Worst drawdown: BAMG -21.0% vs SPY -18.8%.
Should I hold both BAMG and SPY?
BAMG and SPY have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between BAMG and SPY?
93.9% of BAMG's money is in holdings SPY also owns. 53.7% of SPY's is in holdings BAMG also owns. They hold 90 positions in common, counted across the 100 positions we hold weights for in BAMG and 504 in SPY.
Which pays a higher dividend, BAMG or SPY?
BAMG yields 0.01% while SPY yields 0.99%, so SPY currently pays the higher dividend yield.
Is SPY better than BAMG?
SPY has a lower expense ratio. BAMG led over 1Y, SPY over 3Y and the full window. The two have moved almost in lockstep, correlation 0.93. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 43.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.