AVGW vs SPY
Roundhill AVGO WeeklyPay ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | AVGW | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 1.00% | 0.09% | |
| AUM | $49M | $821.1B | |
| Dividend Yield | 70.08% | 1.01% | |
| Holdings | 5 | 505 | |
| YTD Return | -13.74% | +12.68% | |
| 1Y Return | +4.72% | +21.82% | |
| 3Y Return (annualized) | - | +21.98% | |
| 5Y Return (annualized) | - | +12.89% | |
| Volatility (annualized) | 54.6% | 15.3% | |
| Max Drawdown | -37.6% | -56.5% | |
| Fund Family | Roundhill Investments | State Street Investment Management | |
| Category | Alternative | Equity | |
| Inception | Jul 24, 2025 | Jan 22, 1993 |
AVGW vs SPY Performance
Roundhill AVGO WeeklyPay ETF (AVGW) is a ETF from Roundhill Investments and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year AVGW returned +4.72% while SPY returned +21.82%. Year to date, AVGW is down 13.74% versus a gain of 12.68% for SPY.
Risk: Volatility and Drawdowns
AVGW has been the more volatile fund, with annualized monthly volatility of 54.6% 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 -37.6% for AVGW and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AVGW charges 1.00% per year while SPY charges 0.09%. On a $10,000 position that is $100 vs $9 annually, a gap of $91 per year that compounds over a long holding period. On income, AVGW currently yields 70.08% against 1.01% for SPY.
Holdings Overlap
AVGW and SPY share 1 holdings out of 505 unique holdings combined, representing a 3.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in AVGW | Weight in SPY | Difference |
|---|---|---|---|
| AVGO | 26.55% | 2.97% | 23.58% |
Frequently Asked Questions
Which is cheaper, AVGW or SPY?
AVGW has an expense ratio of 1.00% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $91 per year of difference.
Which performed better, AVGW or SPY?
Over the past year AVGW returned +4.72% vs +21.82% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), AVGW annualized +4.39% vs +8.81% for SPY. Past performance does not guarantee future results.
Which is riskier, AVGW or SPY?
AVGW has been the more volatile fund at 54.6% annualized versus 15.3% for SPY. Worst drawdown: AVGW -37.6% vs SPY -56.5%.
Should I hold both AVGW and SPY?
AVGW and SPY have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AVGW and SPY?
AVGW and SPY share 1 common holdings with a 3.0% weight overlap. Combined, they hold 505 unique securities.
Which pays a higher dividend, AVGW or SPY?
AVGW yields 70.08% while SPY yields 1.01%, so AVGW currently pays the higher dividend yield.
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