SPYG — State Street SPDR Portfolio S&P 500 Growth ETF
US Large Cap Growth Ranked #166 of 458 tracked ETFs · Issued by State Street Investment Management
SPYG Price Performance — Growth of $10,000
Value of a $10,000 investment in SPYG over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.
SPYG Drawdown
The "underwater" chart: SPYG's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.
What If You'd Invested in SPYG?
See what a lump sum in SPYG would have grown to, with the option to add a regular monthly contribution on top. Figures use total returns — dividends are assumed reinvested.
Past performance doesn't predict future results. Assumes contributions on the first trading day of each month, no trading costs or taxes, and reinvested distributions. History is limited to the range published in the site's daily return data.
Overview
The State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) operates within the US Large Cap Growth category, where ETFValuer tracks a total of 13 funds. Issued by State Street Investment Management, the fund has accumulated assets under management of $53.0 billion and trades at a price of $114.21. It holds an overall rank of #166 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of B with a score of 65.2 out of 100. The fund offers a low-cost structure with an expense ratio of 0.04% and provides a dividend yield of 0.40%. The substantial asset size and competitive pricing suggest significant investor adoption relative to the broader universe of tracked funds.
Over the most recent trading day, the fund declined by 0.30%, following a weekly drop of 3.25% and a monthly loss of 0.44%. In contrast, the three-month return shows a recovery to positive territory at +1.25%, while the six-month gain accelerates to +6.37%. Year-to-date performance stands at +7.26%, and the one-year return reaches +16.50%. The three-year annualized return is notably higher at +88.93%, indicating a divergence between recent short-term volatility and strong long-term growth. This pattern suggests that while recent periods have seen some pullbacks, the fund has maintained a positive trajectory over extended horizons.
SPYG carries a Moderate volatility label and exhibits a beta of 1.20, indicating that its price movements tend to be more pronounced than the broader market. The fund's Sharpe ratio of 0.65 reflects the risk-adjusted return generated over the measured period. During market downturns, the fund experienced a maximum drawdown of -22.14%, highlighting the potential for significant temporary losses. The combination of a beta above 1.0 and a moderate volatility rating implies that the fund amplifies market movements in both directions. Investors should consider these metrics alongside the max drawdown when evaluating the fund's behavior during periods of market stress.
AI-generated summary based on the data on this page.
SPYG Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | NVIDIA Corp | 14.62% | $6.09B |
| 2 | Microsoft Corp | 9.48% | $3.95B |
| 3 | Apple Inc | 6.43% | $2.68B |
| 4 | Alphabet Inc | 5.78% | $2.40B |
| 5 | Broadcom Inc | 5.06% | $2.11B |
| 6 | Alphabet Inc | 4.63% | $1.93B |
| 7 | Meta Platforms Inc | 4.32% | $1.80B |
| 8 | Amazon.com Inc | 3.72% | $1.55B |
| 9 | Berkshire Hathaway Inc | 3.03% | $1.26B |
| 10 | Eli Lilly & Co | 2.51% | $1.05B |
Holdings as of 2026-03-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 59.6% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how SPYG's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.
Which Funds Overlap With SPYG
Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with SPYG's top 10 — IUSG overlaps most, holding 9 of the same companies as SPYG's top 10 (59.6% of SPYG's assets).
| ETF | Name | Shared Companies | SPYG Weight | Examples |
|---|---|---|---|---|
| IUSG | iShares Core S&P U.S. Growth ETF | 9 | 59.6% | NVIDIA Corp, Alphabet Inc, Microsoft Corp… |
| VTI | Vanguard Total Stock Market Index Fund ETF Shares | 8 | 57.1% | NVIDIA Corp, Alphabet Inc, Microsoft Corp… |
| VOO | Vanguard S&P 500 ETF | 8 | 57.1% | NVIDIA Corp, Alphabet Inc, Microsoft Corp… |
| IVV | iShares Core S&P 500 ETF | 8 | 57.1% | NVIDIA Corp, Microsoft Corp, Alphabet Inc… |
| XYLD | Global X S&P 500 Covered Call ETF | 8 | 57.1% | NVIDIA Corp, Alphabet Inc, Microsoft Corp… |
Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.
Market Backdrop
10-Year Treasury Yield: 4.65% (as of 2026-07-27) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.
CBOE Volatility Index (VIX): 18.67 (as of 2026-07-27) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.
Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
What SPYG's Fees Cost You
SPYG charges an expense ratio of 0.04% a year, deducted automatically from the fund's value. Small percentages compound into real money — adjust the figures below to see the impact on your own numbers.
Assumes a constant gross return and no additional contributions — a simplification, but it isolates exactly what the expense ratio costs. Try the full fee calculator to model contributions and compare any two funds.
SPYG Dividend Income Estimator
SPYG currently yields 0.40%. Enter an amount to see the income that implies, or set a monthly income target to see the investment it would take.
Based on the fund's current trailing yield, which varies with price and distributions — treat it as an estimate, not a guarantee. Yields are not adjusted for tax.
SPYG Liquidity, Domicile & Tax Treatment
Liquidity: Quoted bid/ask spread is 0.70% and average daily volume is 2.5M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $53.0B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.
Domicile & tax treatment: SPYG is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.
SPYG Performance History
| Period | Return |
|---|---|
| 1-Day | -0.30% |
| 1-Week | -3.25% |
| 1-Month | -0.44% |
| 3-Month | +1.25% |
| 6-Month | +6.37% |
| YTD | +7.26% |
| 1-Year | +16.50% |
| 3-Year | +88.93% |
How SPYG Compares to Other US Large Cap Growth ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #137 | B |
QQQM | Invesco NASDAQ 100 ETF | +19.90% | 0.15% | $101B |
| #142 | B |
QQQ | Invesco QQQ Trust | +19.84% | 0.18% | $490B |
| #166 | B |
SPYG | State Street SPDR Portfolio S&P 500 Growth ETF | +16.50% | 0.04% | $53.0B |
| #172 | C |
IUSG | iShares Core S&P U.S. Growth ETF | +16.73% | 0.04% | $32.2B |
| #206 | C |
ONEQ | Fidelity Nasdaq Composite Index ETF | +18.71% | 0.21% | $10.7B |
| #212 | C |
VUG | Vanguard Growth Index Fund ETF Shares | +10.55% | 0.03% | $379B |
| #215 | C |
SCHG | Schwab U.S. Large-Cap Growth ETF | +12.15% | 0.04% | $59.1B |
| #251 | C |
MGK | Vanguard Mega Cap Growth Index Fund | +11.68% | 0.05% | $33.3B |
| #268 | C |
XLG | Invesco S&P 500 Top 50 ETF | +11.72% | 0.2% | $10.3B |
| #288 | C |
VONG | Vanguard Russell 1000 Growth Index Fund ETF Shares | +6.46% | 0.06% | $53.4B |
| #297 | C |
IWF | iShares Russell 1000 Growth ETF | +6.31% | 0.18% | $129B |
| #333 | C |
IWY | iShares Russell Top 200 Growth ETF | +6.79% | 0.2% | $17.0B |
| #350 | C |
CGGR | Capital Group Growth ETF | +7.04% | 0.39% | $24.8B |