GOOW vs SPY
Roundhill GOOGL WeeklyPay ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, GOOW or SPY?
Multi Alternative against Large Cap Blend.
SPY has a lower expense ratio. GOOW led over 1Y and the full window.
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 | GOOW | SPY |
|---|---|---|
| Expense Ratio | 1.00% | 0.09%Best |
| AUM | $85M | $823.2B |
| Dividend Yield | 42.55% | 0.99% |
| Holdings | 15 | 1,515 |
| YTD Return | -9.19% | +13.53%Best |
| 1Y Return | +21.00%Best | +17.47% |
| 3Y Return (annualized) | - | +22.36% |
| 5Y Return (annualized) | - | +13.21% |
| Volatility (annualized) | 48.3% | 11.9%Best |
| Max Drawdown | -30.7% | -8.9%Best |
| $10,000 over 1.2 years | $15,918Best | $12,247 |
| Fund Family | Roundhill Investments | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Jul 24, 2025 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jul 24, 2025 to Oct 14, 2026 (1.2 years).
GOOW 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 1.2 years both funds cover.
GOOW vs SPY Performance
Roundhill GOOGL WeeklyPay ETF (GOOW) is an ETF from Roundhill Investments and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year GOOW returned +21.00% while SPY returned +17.47%. Year to date, GOOW is down 9.19% versus a gain of 13.53% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GOOW has been the more volatile fund, with annualized monthly volatility of 48.3% compared with 11.9% 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 -30.7% for GOOW 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GOOW charges 1.00% per year while SPY charges 0.09%. On a $10,000 position that is $100 vs $9 annually, a gap of $91 per year that compounds over a long holding period. On income, GOOW currently yields 42.55% against 0.99% for SPY.
Holdings Overlap
At least 3.1% of SPY's money is in holdings GOOW also owns.
Stated as a floor: for GOOW, our book for it covers 28.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SPY and GOOW share little of their money.
1 positions in common, counted across the 2 positions we hold weights for in GOOW and 504 in SPY, against full books of 15 and 1,515.
Top Shared Holdings
| Stock | Weight in GOOW | Weight in SPY | Difference |
|---|---|---|---|
| GOOGLAlphabet Inc | 19.92% | 3.12% | 16.80% |
You are not choosing between two funds in isolation.
Whichever of GOOW and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GOOW or SPY?
GOOW has an expense ratio of 1.00% while SPY charges 0.09%. SPY is the cheaper option, by $91 a year on a $10,000 investment.
Which performed better, GOOW or SPY?
Over the past year GOOW returned +21.00% vs +17.47% for SPY, so GOOW leads on 1-year performance. Over the longest common window we track (1 years), GOOW annualized +47.31% vs +18.40% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GOOW or SPY?
GOOW has been the more volatile fund at 48.3% annualized versus 11.9% for SPY. Worst drawdown: GOOW -30.7% vs SPY -8.9%.
Should I hold both GOOW and SPY?
GOOW and SPY have a monthly-return correlation of 0.70, 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 GOOW and SPY?
At least 3.1% of SPY's money is in holdings GOOW also owns. Our book for GOOW is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 2 positions we hold weights for in GOOW and 504 in SPY.
Which pays a higher dividend, GOOW or SPY?
GOOW yields 42.55% while SPY yields 0.99%, so GOOW currently pays the higher dividend yield.
Is SPY better than GOOW?
SPY has a lower expense ratio. GOOW led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.