BCGD vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricBCGDSPYWinner
Expense Ratio0.75%0.09%
AUM-$789.1B
Dividend Yield0.00%1.01%
Holdings42505
YTD Return+6.02%+13.79%
1Y Return-+23.66%
3Y Return (annualized)-+21.40%
5Y Return (annualized)-+13.37%
Volatility (annualized)-15.3%
Max Drawdown-13.8%-56.5%
Fund FamilyBaron FundsState Street Investment Management
CategoryEquityEquity
InceptionDec 12, 2025Jan 22, 1993

BCGD vs SPY Performance

Baron Global Durable Advantage ETF (BCGD) is a ETF from Baron Funds and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, BCGD is up 6.02% versus a gain of 13.79% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -13.8% for BCGD and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

BCGD 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, BCGD currently yields 0.00% against 1.01% for SPY.

Holdings Overlap

20.4%overlap

BCGD and SPY share 19 holdings out of 524 unique holdings combined, representing a 20.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in BCGDWeight in SPYDifference
NVDA6.41%7.31%0.90%
AMZN6.10%3.69%2.41%
GOOG5.15%2.66%2.49%
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METAProProPro
LLYProProPro
SPGIProProPro
AVGOProProPro
CMEProProPro
WELLProProPro
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Frequently Asked Questions

Which is cheaper, BCGD or SPY?

BCGD has an expense ratio of 0.75% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $66 per year of difference.

What is the holdings overlap between BCGD and SPY?

BCGD and SPY share 19 common holdings with a 20.4% weight overlap. Combined, they hold 524 unique securities.

Which pays a higher dividend, BCGD or SPY?

BCGD yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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