QGRW vs SPY
WisdomTree US Quality Growth Fund vs State Street SPDR S&P 500 ETF Trust
Which is better, QGRW or SPY?
Large Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. QGRW led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.91. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 72.5%.
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 | QGRW | SPY |
|---|---|---|
| Expense Ratio | 0.28% | 0.09%Best |
| AUM | $3.3B | $823.2B |
| Dividend Yield | 0.07% | 0.99% |
| Holdings | 102 | 1,515 |
| YTD Return | +16.82%Best | +13.53% |
| 1Y Return | +20.59%Best | +17.47% |
| 3Y Return (annualized) | +28.02%Best | +22.36% |
| 5Y Return (annualized) | - | +13.21% |
| Volatility (annualized) | 17.8% | 12.4%Best |
| Max Drawdown | -24.4% | -18.8%Best |
| $10,000 over 3.8 years | $28,137Best | $20,686 |
| Top 10 Weight | 72.5% | 38.2%Best |
| Fund Family | WisdomTree Investments | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Dec 15, 2022 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Dec 15, 2022 to Oct 14, 2026 (3.8 years).
QGRW 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 3.8 years both funds cover.
QGRW vs SPY Performance
WisdomTree US Quality Growth Fund (QGRW) is an ETF from WisdomTree Investments and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year QGRW returned +20.59% while SPY returned +17.47%. Year to date, QGRW is up 16.82% versus a gain of 13.53% for SPY.
Over three years, QGRW compounded at +28.02% per year against +22.36% for SPY. Across the full 4-year window we track, QGRW has the edge at +31.29% annualized vs +21.08%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QGRW has been the more volatile fund, with annualized monthly volatility of 17.8% compared with 12.4% 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 -24.4% for QGRW and -18.8% 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QGRW charges 0.28% per year while SPY charges 0.09%. On a $10,000 position that is $28 vs $9 annually, a gap of $19 per year that compounds over a long holding period. On income, QGRW currently yields 0.07% against 0.99% for SPY.
Holdings Overlap
97.7% of QGRW's money is in holdings SPY also owns. 50.6% of SPY's money is in holdings QGRW also owns.
Most of QGRW is already inside SPY. Owning both mostly buys the same companies twice.
79 positions in common, counted across the 100 positions we hold weights for in QGRW and 504 in SPY, against full books of 102 and 1,515.
What only one of them owns
Our book lists 417 positions for SPY that do not appear in our book for QGRW (48.5% of the fund), and 19 for QGRW that do not appear in SPY (1.9%).
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 QGRW | Weight in SPY | Difference |
|---|---|---|---|
| NVDANvidia Corp | 14.73% | 7.78% | 6.95% |
| AAPLApple, Inc | 12.85% | 7.45% | 5.40% |
| MSFTMicrosoft Corp | 10.01% | 5.71% | 4.30% |
| GOOGLAlphabet Inc | 10.84% | 3.12% | 7.72% |
| AMZNAmazon.Com Inc | 7.68% | 3.78% | 3.90% |
| METAMeta Platforms Inc | 4.26% | 2.22% | 2.04% |
| AVGOBroadcom Inc | 3.82% | 2.48% | 1.34% |
| LLYEli Lilly & Co. | 2.99% | 1.37% | 1.62% |
| MUMicron Technology, Inc. | 2.77% | 1.59% | 1.18% |
| AMDAdvanced Micro Devices Inc | 2.52% | 1.22% | 1.30% |
97.7% of QGRW 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, QGRW or SPY?
QGRW has an expense ratio of 0.28% while SPY charges 0.09%. SPY is the cheaper option, by $19 a year on a $10,000 investment.
Which performed better, QGRW or SPY?
Over the past year QGRW returned +20.59% vs +17.47% for SPY, so QGRW leads on 1-year performance. Over the longest common window we track (4 years), QGRW annualized +31.29% vs +21.08% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QGRW or SPY?
QGRW has been the more volatile fund at 17.8% annualized versus 12.4% for SPY. Worst drawdown: QGRW -24.4% vs SPY -18.8%.
Should I hold both QGRW and SPY?
QGRW and SPY have a monthly-return correlation of 0.91, 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 QGRW and SPY?
97.7% of QGRW's money is in holdings SPY also owns. 50.6% of SPY's is in holdings QGRW also owns. They hold 79 positions in common, counted across the 100 positions we hold weights for in QGRW and 504 in SPY.
Which pays a higher dividend, QGRW or SPY?
QGRW yields 0.07% while SPY yields 0.99%, so SPY currently pays the higher dividend yield.
Is SPY better than QGRW?
SPY has a lower expense ratio. QGRW led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.91. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 72.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.