CHGX vs SPYM
Stance Sustainable Beta ETF vs State Street SPDR Portfolio S&P 500 ETF
Which is better, CHGX or SPYM?
Each has led over a different period.
SPYM has a lower expense ratio. CHGX led over 1Y, SPYM over 3Y, 5Y and the full window. CHGX is less concentrated, with 11.8% of the fund in its ten largest positions against 39.0%.
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 | CHGX | SPYM |
|---|---|---|
| Expense Ratio | 0.49% | 0.02%Best |
| AUM | $179M | $185.2B |
| Dividend Yield | 0.55% | 1.01% |
| Holdings | 203 | 509 |
| YTD Return | +21.11%Best | +13.57% |
| 1Y Return | +20.36%Best | +17.53% |
| 3Y Return (annualized) | +3.83% | +22.46%Best |
| 5Y Return (annualized) | +0.53% | +13.29%Best |
| Volatility (annualized) | 21.4% | 16.2%Best |
| Max Drawdown | -47.3% | -34.3%Best |
| $10,000 over 5 years | $10,268 | $18,662Best |
| Top 10 Weight | 11.8%Best | 39.0% |
| Fund Family | STANCE Capital | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 14, 2024 | Nov 8, 2005 |
Volatility and max drawdown are measured over the window both funds cover: Oct 10, 2017 to Oct 14, 2026 (9 years).
CHGX 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 9 years both funds cover.
CHGX vs SPYM Performance
Stance Sustainable Beta ETF (CHGX) is an ETF from STANCE Capital and State Street SPDR Portfolio S&P 500 ETF (SPYM) is an ETF from State Street Investment Management. Over the past year CHGX returned +20.36% while SPYM returned +17.53%. Year to date, CHGX is up 21.11% versus a gain of 13.57% for SPYM.
Over three years, CHGX compounded at +3.83% per year against +22.46% for SPYM; over five years the annualized figures are +0.53% and +13.29% respectively. Across the full 9-year window we track, SPYM has the edge at +14.11% annualized vs +7.81%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CHGX has been the more volatile fund, with annualized monthly volatility of 21.4% compared with 16.2% for SPYM. 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 -47.3% for CHGX and -34.3% 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CHGX charges 0.49% per year while SPYM charges 0.02%. On a $10,000 position that is $49 vs $2 annually, a gap of $47 per year that compounds over a long holding period. On income, CHGX currently yields 0.55% against 1.01% for SPYM.
Holdings Overlap
80.4% of CHGX's money is in holdings SPYM also owns. 37.0% of SPYM's money is in holdings CHGX also owns.
Most of CHGX is already inside SPYM. Owning both mostly buys the same companies twice.
81 positions in common, counted across the 101 positions we hold weights for in CHGX and 505 in SPYM, against full books of 203 and 509.
What only one of them owns
Our book lists 417 positions for SPYM that do not appear in our book for CHGX (62.3% of the fund), and 20 for CHGX that do not appear in SPYM (19.6%).
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 CHGX | Weight in SPYM | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 1.04% | 8.49% | 7.45% |
| AAPLApple, Inc | 0.99% | 7.30% | 6.31% |
| MUMicron Technology, Inc. | 1.10% | 1.82% | 0.72% |
| AMDAdvanced Micro Devices Inc. | 1.20% | 1.55% | 0.35% |
| LLYEli Lilly & Co. | 1.00% | 1.37% | 0.37% |
| INTCIntel Corp. | 1.17% | 0.89% | 0.28% |
| VVisa Inc-class A Shares | 0.96% | 0.92% | 0.04% |
| AMATApplied Materials, Inc. | 1.14% | 0.64% | 0.50% |
| ABBVAbbvie Inc. | 1.00% | 0.70% | 0.30% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.99% | 0.66% | 0.33% |
80.4% of CHGX 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, CHGX or SPYM?
CHGX has an expense ratio of 0.49% while SPYM charges 0.02%. SPYM is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, CHGX or SPYM?
Over the past year CHGX returned +20.36% vs +17.53% for SPYM, so CHGX leads on 1-year performance. Over the longest common window we track (9 years), CHGX annualized +7.81% vs +14.11% for SPYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CHGX or SPYM?
CHGX has been the more volatile fund at 21.4% annualized versus 16.2% for SPYM. Worst drawdown: CHGX -47.3% vs SPYM -34.3%.
Should I hold both CHGX and SPYM?
CHGX and SPYM have a monthly-return correlation of 0.82, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CHGX and SPYM?
80.4% of CHGX's money is in holdings SPYM also owns. 37.0% of SPYM's is in holdings CHGX also owns. They hold 81 positions in common, counted across the 101 positions we hold weights for in CHGX and 505 in SPYM.
Which pays a higher dividend, CHGX or SPYM?
CHGX yields 0.55% while SPYM yields 1.01%, so SPYM currently pays the higher dividend yield.
Is SPYM better than CHGX?
SPYM has a lower expense ratio. CHGX led over 1Y, SPYM over 3Y, 5Y and the full window. CHGX is less concentrated, with 11.8% of the fund in its ten largest positions against 39.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.