AOTG vs SPY
AOT Growth and Innovation ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, AOTG or SPY?
Large Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. AOTG led over 1Y, 3Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 66.8%.
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 | AOTG | SPY |
|---|---|---|
| Expense Ratio | 0.75% | 0.09%Best |
| AUM | $105M | $804.7B |
| Dividend Yield | 0.00% | 0.98% |
| Holdings | 43 | 505 |
| YTD Return | +17.77%Best | +12.47% |
| 1Y Return | +23.21%Best | +17.51% |
| 3Y Return (annualized) | +28.53%Best | +21.18% |
| 5Y Return (annualized) | - | +12.88% |
| Volatility (annualized) | 25.7% | 14.7%Best |
| Max Drawdown | -31.6% | -18.8%Best |
| $10,000 over 4.2 years | $26,538Best | $21,192 |
| Top 10 Weight | 66.8% | 38.0%Best |
| Fund Family | AOT Invest | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Jun 29, 2022 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 4.2 years row, are measured over the window both funds cover: Jun 29, 2022 to Sep 11, 2026 (4.2 years).
AOTG 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 4.2 years both funds cover.
AOTG vs SPY Performance
AOT Growth and Innovation ETF (AOTG) is an ETF from AOT Invest and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year AOTG returned +23.21% while SPY returned +17.51%. Year to date, AOTG is up 17.77% versus a gain of 12.47% for SPY.
Over three years, AOTG compounded at +28.53% per year against +21.18% for SPY. Across the full 4-year window we track, AOTG has the edge at +26.16% annualized vs +19.58%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AOTG has been the more volatile fund, with annualized monthly volatility of 25.7% compared with 14.7% 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 -31.6% for AOTG 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AOTG charges 0.75% per year while SPY charges 0.09%. On a $10,000 position that is $75 vs $9 annually, a gap of $66 per year that compounds over a long holding period. On income, AOTG currently yields 0.00% against 0.98% for SPY.
Holdings Overlap
74.5% of AOTG's money is in holdings SPY also owns. 34.4% of SPY's money is in holdings AOTG also owns.
Most of AOTG is already inside SPY. Owning both mostly buys the same companies twice.
26 positions in common, counted across the 42 positions we hold weights for in AOTG and 504 in SPY, against full books of 43 and 505.
What only one of them owns
Our book lists 468 positions for SPY that do not appear in our book for AOTG (65.1% of the fund), and 11 for AOTG that do not appear in SPY (11.3%).
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 AOTG | Weight in SPY | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 11.13% | 7.71% | 3.42% |
| AMDAdvanced Micro Devices Inc. | 12.96% | 1.27% | 11.69% |
| MUMicron Technology, Inc. | 10.19% | 1.51% | 8.68% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 4.36% | 5.50% | 1.14% |
| AMZNAmazon.Com Inc | 4.31% | 4.08% | 0.23% |
| GOOGLAlphabet A Usd 0.001 | 3.80% | 3.33% | 0.47% |
| GOOGAlphabet Inc | 2.78% | 2.67% | 0.11% |
| AVGOBroadcom Inc | 1.45% | 2.97% | 1.52% |
| SNDKSandisk Corp/De | 3.62% | 0.32% | 3.30% |
| HOODRobinhood Markets Inc - A | 3.76% | 0.11% | 3.65% |
74.5% of AOTG 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, AOTG or SPY?
AOTG has an expense ratio of 0.75% while SPY charges 0.09%. SPY is the cheaper option, by $66 a year on a $10,000 investment.
Which performed better, AOTG or SPY?
Over the past year AOTG returned +23.21% vs +17.51% for SPY, so AOTG leads on 1-year performance. Over the longest common window we track (4 years), AOTG annualized +26.16% vs +19.58% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AOTG or SPY?
AOTG has been the more volatile fund at 25.7% annualized versus 14.7% for SPY. Worst drawdown: AOTG -31.6% vs SPY -18.8%.
Should I hold both AOTG and SPY?
AOTG and SPY have a monthly-return correlation of 0.83, 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 AOTG and SPY?
74.5% of AOTG's money is in holdings SPY also owns. 34.4% of SPY's is in holdings AOTG also owns. They hold 26 positions in common, counted across the 42 positions we hold weights for in AOTG and 504 in SPY.
Which pays a higher dividend, AOTG or SPY?
AOTG yields 0.00% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than AOTG?
SPY has a lower expense ratio. AOTG led over 1Y, 3Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 66.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.