GSGO vs SPY
Goldman Sachs Growth Opportunities ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, GSGO or SPY?
Large Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 53.5%.
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 | GSGO | SPY |
|---|---|---|
| Expense Ratio | 0.45% | 0.09%Best |
| AUM | $192M | $823.2B |
| Dividend Yield | 0.00% | 0.99% |
| Holdings | 54 | 1,515 |
| YTD Return | +11.08% | +13.53%Best |
| 1Y Return | +12.54% | +17.47%Best |
| 3Y Return (annualized) | - | +22.36% |
| 5Y Return (annualized) | - | +13.21% |
| Top 10 Weight | 53.5% | 38.2%Best |
| Fund Family | Goldman Sachs Asset Management | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | May 24, 1999 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
GSGO 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
GSGO vs SPY Performance
Goldman Sachs Growth Opportunities ETF (GSGO) is an ETF from Goldman Sachs Asset Management and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year GSGO returned +12.54% while SPY returned +17.47%. Year to date, GSGO is up 11.08% versus a gain of 13.53% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
GSGO charges 0.45% per year while SPY charges 0.09%. On a $10,000 position that is $45 vs $9 annually, a gap of $36 per year that compounds over a long holding period. On income, GSGO currently yields 0.00% against 0.99% for SPY.
Holdings Overlap
89.3% of GSGO's money is in holdings SPY also owns. 49.3% of SPY's money is in holdings GSGO also owns.
Most of GSGO is already inside SPY. Owning both mostly buys the same companies twice.
41 positions in common, counted across the 53 positions we hold weights for in GSGO and 504 in SPY, against full books of 54 and 1,515.
What only one of them owns
Our book lists 455 positions for SPY that do not appear in our book for GSGO (49.8% of the fund), and 9 for GSGO that do not appear in SPY (6.8%).
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 GSGO | Weight in SPY | Difference |
|---|---|---|---|
| NVDANvidia Corp | 12.73% | 7.78% | 4.95% |
| MSFTMicrosoft Corp | 7.03% | 5.71% | 1.32% |
| GOOGLAlphabet Inc | 8.85% | 3.12% | 5.73% |
| AAPLApple, Inc | 2.16% | 7.45% | 5.29% |
| METAMeta Platforms Inc | 5.19% | 2.22% | 2.97% |
| MUMicron Technology, Inc. | 4.30% | 1.59% | 2.71% |
| AMDAdvanced Micro Devices Inc | 4.53% | 1.22% | 3.31% |
| GOOGAlphabet Inc. C | 3.20% | 2.49% | 0.71% |
| AVGOBroadcom Inc | 2.56% | 2.48% | 0.08% |
| AMZNAmazon.Com Inc | 1.02% | 3.78% | 2.76% |
89.3% of GSGO 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, GSGO or SPY?
GSGO has an expense ratio of 0.45% while SPY charges 0.09%. SPY is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, GSGO or SPY?
Over the past year GSGO returned +12.54% vs +17.47% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
What is the holdings overlap between GSGO and SPY?
89.3% of GSGO's money is in holdings SPY also owns. 49.3% of SPY's is in holdings GSGO also owns. They hold 41 positions in common, counted across the 53 positions we hold weights for in GSGO and 504 in SPY.
Which pays a higher dividend, GSGO or SPY?
GSGO yields 0.00% while SPY yields 0.99%, so SPY currently pays the higher dividend yield.
Is SPY better than GSGO?
SPY has a lower expense ratio. SPY led over 1Y. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 53.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.