SPY vs SXQG
State Street SPDR S&P 500 ETF Trust vs ETC 6 Meridian Quality Growth ETF
Which is better, SPY or SXQG?
Large Cap Blend against Large Cap Growth.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 43.0%.
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 | SPY | SXQG |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.70% |
| AUM | $823.2B | $63M |
| Dividend Yield | 0.99% | 0.00% |
| Holdings | 1,515 | 235 |
| YTD Return | +13.53%Best | +3.37% |
| 1Y Return | +17.47%Best | +2.54% |
| 3Y Return (annualized) | +22.36%Best | +11.82% |
| 5Y Return (annualized) | +13.21%Best | +5.68% |
| Volatility (annualized) | 15.3%Best | 16.4% |
| Max Drawdown | -24.5%Best | -34.0% |
| $10,000 over 5 years | $18,596Best | $13,181 |
| Top 10 Weight | 38.2%Best | 43.0% |
| Fund Family | State Street Investment Management | 6 Meridian ETF |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Jan 22, 1993 | May 10, 2021 |
Volatility and max drawdown are measured over the window both funds cover: May 11, 2021 to Oct 14, 2026 (5.4 years).
SPY vs SXQG 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 5.4 years both funds cover.
SPY vs SXQG Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and ETC 6 Meridian Quality Growth ETF (SXQG) is an ETF from 6 Meridian ETF. Over the past year SPY returned +17.47% while SXQG returned +2.54%. Year to date, SPY is up 13.53% versus a gain of 3.37% for SXQG.
Over three years, SPY compounded at +22.36% per year against +11.82% for SXQG; over five years the annualized figures are +13.21% and +5.68% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SXQG has been the more volatile fund, with annualized monthly volatility of 16.4% compared with 15.3% 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 -24.5% for SPY and -34.0% for SXQG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SPY charges 0.09% per year while SXQG charges 0.70%. On a $10,000 position that is $9 vs $70 annually, a gap of $61 per year that compounds over a long holding period. On income, SPY currently yields 0.99% against 0.00% for SXQG.
Holdings Overlap
35.3% of SPY's money is in holdings SXQG also owns. 89.7% of SXQG's money is in holdings SPY also owns.
Most of SXQG is already inside SPY. Owning both mostly buys the same companies twice.
52 positions in common, counted across the 504 positions we hold weights for in SPY and 84 in SXQG, against full books of 1,515 and 235.
What only one of them owns
Our book lists 28 positions for SXQG that do not appear in our book for SPY (8.0% of the fund), and 444 for SPY that do not appear in SXQG (63.8%).
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 SPY | Weight in SXQG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.78% | 4.74% | 3.04% |
| AAPLApple, Inc | 7.45% | 4.97% | 2.48% |
| MSFTMicrosoft Corp | 5.71% | 4.94% | 0.77% |
| GOOGLAlphabet Inc | 3.12% | 4.80% | 1.68% |
| MUMicron Technology, Inc. | 1.59% | 4.29% | 2.70% |
| LLYEli Lilly & Co. | 1.37% | 3.93% | 2.56% |
| PLTRPalantir Technologies Inc | 0.61% | 4.17% | 3.56% |
| VVisa Inc Class A | 0.95% | 3.71% | 2.76% |
| MAMastercard Inc | 0.71% | 3.68% | 2.97% |
| COSTCostco Wholesale Corp. | 0.62% | 3.75% | 3.13% |
89.7% of SXQG 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, SPY or SXQG?
SPY has an expense ratio of 0.09% while SXQG charges 0.70%. SPY is the cheaper option, by $61 a year on a $10,000 investment.
Which performed better, SPY or SXQG?
Over the past year SPY returned +17.47% vs +2.54% for SXQG, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPY or SXQG?
SXQG has been the more volatile fund at 16.4% annualized versus 15.3% for SPY. Worst drawdown: SPY -24.5% vs SXQG -34.0%.
Should I hold both SPY and SXQG?
SPY and SXQG have a monthly-return correlation of 0.93, 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 SPY and SXQG?
89.7% of SXQG's money is in holdings SPY also owns. 89.7% of SXQG's is in holdings SPY also owns. They hold 52 positions in common, counted across the 504 positions we hold weights for in SPY and 84 in SXQG.
Which pays a higher dividend, SPY or SXQG?
SPY yields 0.99% while SXQG yields 0.00%, so SPY currently pays the higher dividend yield.
Is SXQG better than SPY?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 43.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.