CGUS vs SPYM
Capital Group Core Equity ETF vs State Street SPDR Portfolio S&P 500 ETF
Which is better, CGUS or SPYM?
Nearly the same fund. SPYM costs less.
SPYM has a lower expense ratio. SPYM led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.98. SPYM is less concentrated, with 39.0% 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 | CGUS | SPYM |
|---|---|---|
| Expense Ratio | 0.33% | 0.02%Best |
| AUM | $12.3B | $185.2B |
| Dividend Yield | 0.83% | 1.01% |
| Holdings | 75 | 509 |
| YTD Return | +11.95% | +13.57%Best |
| 1Y Return | +15.39% | +17.53%Best |
| 3Y Return (annualized) | +21.76% | +22.46%Best |
| 5Y Return (annualized) | - | +13.29% |
| Volatility (annualized) | 14.7%Best | 15.5% |
| Max Drawdown | -21.9%Best | -22.1% |
| $10,000 over 4.6 years | $19,073 | $19,119Best |
| Top 10 Weight | 43.8% | 39.0%Best |
| Fund Family | Capital Group (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Feb 22, 2022 | Nov 8, 2005 |
Volatility and max drawdown, and the $10,000 over 4.6 years row, are measured over the window both funds cover: Feb 24, 2022 to Oct 14, 2026 (4.6 years).
CGUS vs SPYM 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 4.6 years both funds cover.
CGUS vs SPYM Performance
Capital Group Core Equity ETF (CGUS) is an ETF from Capital Group (US) and State Street SPDR Portfolio S&P 500 ETF (SPYM) is an ETF from State Street Investment Management. Over the past year CGUS returned +15.39% while SPYM returned +17.53%. Year to date, CGUS is up 11.95% versus a gain of 13.57% for SPYM.
Over three years, CGUS compounded at +21.76% per year against +22.46% for SPYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPYM has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 14.7% for CGUS. 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 -21.9% for CGUS and -22.1% for SPYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
CGUS charges 0.33% per year while SPYM charges 0.02%. On a $10,000 position that is $33 vs $2 annually, a gap of $31 per year that compounds over a long holding period. On income, CGUS currently yields 0.83% against 1.01% for SPYM.
Holdings Overlap
85.5% of CGUS's money is in holdings SPYM also owns. 52.8% of SPYM's money is in holdings CGUS also owns.
Most of CGUS is already inside SPYM. Owning both mostly buys the same companies twice.
54 positions in common, counted across the 68 positions we hold weights for in CGUS and 505 in SPYM, against full books of 75 and 509.
What only one of them owns
Our book lists 444 positions for SPYM that do not appear in our book for CGUS (46.5% of the fund), and 5 for CGUS that do not appear in SPYM (3.9%).
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 CGUS | Weight in SPYM | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.90% | 8.49% | 0.59% |
| MSFTMicrosoft Corp | 7.05% | 5.76% | 1.29% |
| AAPLApple, Inc | 2.53% | 7.30% | 4.77% |
| AMZNAmazon.Com Inc | 4.75% | 3.70% | 1.05% |
| AVGOBroadcom Inc | 5.26% | 2.53% | 2.73% |
| METAMeta Platforms Inc | 4.55% | 2.41% | 2.14% |
| GOOGLAlphabet Inc | 3.14% | 3.02% | 0.12% |
| LLYEli Lilly & Co. | 3.68% | 1.37% | 2.31% |
| GOOGAlphabet Inc. C | 1.89% | 2.42% | 0.53% |
| JPMJpmorgan Chase | 1.74% | 1.32% | 0.42% |
85.5% of CGUS is already inside SPYM.
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, CGUS or SPYM?
CGUS has an expense ratio of 0.33% while SPYM charges 0.02%. SPYM is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, CGUS or SPYM?
Over the past year CGUS returned +15.39% vs +17.53% for SPYM, so SPYM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGUS or SPYM?
SPYM has been the more volatile fund at 15.5% annualized versus 14.7% for CGUS. Worst drawdown: CGUS -21.9% vs SPYM -22.1%.
Should I hold both CGUS and SPYM?
CGUS and SPYM have a monthly-return correlation of 0.98, 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 CGUS and SPYM?
85.5% of CGUS's money is in holdings SPYM also owns. 52.8% of SPYM's is in holdings CGUS also owns. They hold 54 positions in common, counted across the 68 positions we hold weights for in CGUS and 505 in SPYM.
Which pays a higher dividend, CGUS or SPYM?
CGUS yields 0.83% while SPYM yields 1.01%, so SPYM currently pays the higher dividend yield.
Is SPYM better than CGUS?
SPYM has a lower expense ratio. SPYM led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.98. SPYM is less concentrated, with 39.0% 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.