ESLG vs SPY
Eventide Large Cap Growth ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, ESLG or SPY?
Large Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y and the full window. ESLG is less concentrated, with 32.3% of the fund in its ten largest positions against 38.2%.
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 | ESLG | SPY |
|---|---|---|
| Expense Ratio | 0.39% | 0.09%Best |
| AUM | $27M | $823.2B |
| Dividend Yield | 0.40% | 0.99% |
| Holdings | 357 | 1,515 |
| YTD Return | +13.55%Best | +13.53% |
| 1Y Return | +13.08% | +17.47%Best |
| 3Y Return (annualized) | - | +22.36% |
| 5Y Return (annualized) | - | +13.21% |
| Volatility (annualized) | 16.0% | 12.6%Best |
| Max Drawdown | -12.4% | -8.9%Best |
| $10,000 over 1 years | $11,264 | $11,612Best |
| Top 10 Weight | 32.3%Best | 38.2% |
| Fund Family | Eventide | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Sep 30, 2025 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Sep 30, 2025 to Oct 14, 2026 (1 years).
ESLG 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 1 years both funds cover.
ESLG vs SPY Performance
Eventide Large Cap Growth ETF (ESLG) is an ETF from Eventide and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year ESLG returned +13.08% while SPY returned +17.47%. Year to date, ESLG is up 13.55% versus a gain of 13.53% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ESLG has been the more volatile fund, with annualized monthly volatility of 16.0% compared with 12.6% 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 -12.4% for ESLG and -8.9% 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ESLG charges 0.39% per year while SPY charges 0.09%. On a $10,000 position that is $39 vs $9 annually, a gap of $30 per year that compounds over a long holding period. On income, ESLG currently yields 0.40% against 0.99% for SPY.
Holdings Overlap
90.5% of ESLG's money is in holdings SPY also owns. 27.3% of SPY's money is in holdings ESLG also owns.
Most of ESLG is already inside SPY. Owning both mostly buys the same companies twice.
94 positions in common, counted across the 119 positions we hold weights for in ESLG and 504 in SPY, against full books of 357 and 1,515.
What only one of them owns
Our book lists 402 positions for SPY that do not appear in our book for ESLG (71.8% of the fund), and 19 for ESLG that do not appear in SPY (6.4%).
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 ESLG | Weight in SPY | Difference |
|---|---|---|---|
| NVDANvidia Corp | 11.03% | 7.78% | 3.25% |
| AVGOBroadcom Inc | 3.73% | 2.48% | 1.25% |
| AMDAdvanced Micro Devices Inc | 2.94% | 1.22% | 1.72% |
| LLYEli Lilly & Co. | 2.75% | 1.37% | 1.38% |
| MUMicron Technology, Inc. | 2.31% | 1.59% | 0.72% |
| PANWPalo Alto Networks, Inc | 2.16% | 0.46% | 1.70% |
| CRWDCrowdstrike Holdings Inc | 2.19% | 0.36% | 1.83% |
| LRCXLrcx Uw Equity | 1.73% | 0.52% | 1.21% |
| CATCaterpillar, Inc. | 1.70% | 0.55% | 1.15% |
| HDHome Depot Inc/The | 1.50% | 0.47% | 1.03% |
90.5% of ESLG 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, ESLG or SPY?
ESLG has an expense ratio of 0.39% while SPY charges 0.09%. SPY is the cheaper option, by $30 a year on a $10,000 investment.
Which performed better, ESLG or SPY?
Over the past year ESLG returned +13.08% vs +17.47% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), ESLG annualized +12.64% vs +16.12% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ESLG or SPY?
ESLG has been the more volatile fund at 16.0% annualized versus 12.6% for SPY. Worst drawdown: ESLG -12.4% vs SPY -8.9%.
Should I hold both ESLG and SPY?
ESLG and SPY have a monthly-return correlation of 0.89, 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 ESLG and SPY?
90.5% of ESLG's money is in holdings SPY also owns. 27.3% of SPY's is in holdings ESLG also owns. They hold 94 positions in common, counted across the 119 positions we hold weights for in ESLG and 504 in SPY.
Which pays a higher dividend, ESLG or SPY?
ESLG yields 0.40% while SPY yields 0.99%, so SPY currently pays the higher dividend yield.
Is SPY better than ESLG?
SPY has a lower expense ratio. SPY led over 1Y and the full window. ESLG is less concentrated, with 32.3% of the fund in its ten largest positions against 38.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.