SAGP vs SPY
Strategas Global Policy Opportunities ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, SAGP or SPY?
Mid Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. SAGP is less concentrated, with 21.2% 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 | SAGP | SPY |
|---|---|---|
| Expense Ratio | 0.65% | 0.09%Best |
| AUM | $75M | $823.2B |
| Dividend Yield | 3.34% | 0.99% |
| Holdings | 102 | 1,515 |
| YTD Return | +3.32% | +13.53%Best |
| 1Y Return | +6.42% | +17.47%Best |
| 3Y Return (annualized) | +15.66% | +22.36%Best |
| 5Y Return (annualized) | - | +13.21% |
| Volatility (annualized) | 14.6%Best | 15.5% |
| Max Drawdown | -22.9% | -22.1%Best |
| $10,000 over 4.7 years | $14,839 | $18,827Best |
| Top 10 Weight | 21.2%Best | 38.2% |
| Fund Family | Strategas Asset Management, LLC | State Street Investment Management |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | Jan 25, 2022 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 4.7 years row, are measured over the window both funds cover: Jan 25, 2022 to Oct 14, 2026 (4.7 years).
SAGP 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 4.7 years both funds cover.
SAGP vs SPY Performance
Strategas Global Policy Opportunities ETF (SAGP) is an ETF from Strategas Asset Management, LLC and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year SAGP returned +6.42% while SPY returned +17.47%. Year to date, SAGP is up 3.32% versus a gain of 13.53% for SPY.
Over three years, SAGP compounded at +15.66% per year against +22.36% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 14.6% for SAGP. 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 -22.9% for SAGP and -22.1% 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SAGP charges 0.65% per year while SPY charges 0.09%. On a $10,000 position that is $65 vs $9 annually, a gap of $56 per year that compounds over a long holding period. On income, SAGP currently yields 3.34% against 0.99% for SPY.
Holdings Overlap
48.0% of SAGP's money is in holdings SPY also owns. 2.3% of SPY's money is in holdings SAGP also owns.
The two portfolios partly overlap.
25 positions in common, counted across the 101 positions we hold weights for in SAGP and 504 in SPY, against full books of 102 and 1,515.
What only one of them owns
Our book lists 471 positions for SPY that do not appear in our book for SAGP (96.8% of the fund), and 51 for SAGP that do not appear in SPY (12.6%).
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 SAGP | Weight in SPY | Difference |
|---|---|---|---|
| PLTRPalantir Technologies Inc | 2.15% | 0.61% | 1.54% |
| TERTeradyne Inc - Common | 2.53% | 0.08% | 2.45% |
| CIENCiena Corp | 2.46% | 0.07% | 2.39% |
| GILDGilead Sciences | 2.01% | 0.28% | 1.73% |
| MOAltria Group Inc | 1.99% | 0.18% | 1.81% |
| LMTLockheed Martin | 1.95% | 0.16% | 1.79% |
| COINCoinbase Global, Inc. | 2.02% | 0.06% | 1.96% |
| VRTXNvaesrtex Pharmaceuticals Inc | 1.87% | 0.20% | 1.67% |
| VRSNVerisign Inc. | 2.02% | 0.04% | 1.98% |
| DXCMDexcom Inc. | 1.98% | 0.05% | 1.93% |
48.0% of SAGP 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, SAGP or SPY?
SAGP has an expense ratio of 0.65% while SPY charges 0.09%. SPY is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, SAGP or SPY?
Over the past year SAGP returned +6.42% 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.
Which is riskier, SAGP or SPY?
SPY has been the more volatile fund at 15.5% annualized versus 14.6% for SAGP. Worst drawdown: SAGP -22.9% vs SPY -22.1%.
Should I hold both SAGP and SPY?
SAGP and SPY have a monthly-return correlation of 0.79, 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 SAGP and SPY?
48.0% of SAGP's money is in holdings SPY also owns. 2.3% of SPY's is in holdings SAGP also owns. They hold 25 positions in common, counted across the 101 positions we hold weights for in SAGP and 504 in SPY.
Which pays a higher dividend, SAGP or SPY?
SAGP yields 3.34% while SPY yields 0.99%, so SAGP currently pays the higher dividend yield.
Is SPY better than SAGP?
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. SAGP is less concentrated, with 21.2% 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.