BCGD vs SPY

BCGD vs SPY

Which is better, BCGD or SPY?

Large Cap Growth against Large Cap Blend.

SPY has a lower expense ratio. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 50.5%.

Lower Fees: SPYLess Concentrated: SPY

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

MetricBCGDSPY
Expense Ratio0.75%0.09%Best
AUM-$804.7B
Dividend Yield0.00%0.98%
Holdings42505
YTD Return+1.89%+12.09%Best
1Y Return-+16.29%
3Y Return (annualized)-+21.20%
5Y Return (annualized)-+13.37%
Top 10 Weight50.5%37.8%Best
Fund FamilyBaron FundsState Street Investment Management
CategoryEquityEquity
StyleLarge Cap GrowthLarge Cap Blend
InceptionDec 12, 2025Jan 22, 1993

Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.

BCGD 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.

BCGD vs SPY Performance

Baron Global Durable Advantage ETF (BCGD) is an ETF from Baron Funds and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, BCGD is up 1.89% versus a gain of 12.09% for SPY.

Past performance does not guarantee future results.

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 0.98% for SPY.

Holdings Overlap

BCGD already in SPY57.0%
SPY already in BCGD23.1%

57.0% of BCGD's money is in holdings SPY also owns. 23.1% of SPY's money is in holdings BCGD also owns.

The two portfolios partly overlap.

19 positions in common, counted across the 40 positions we hold weights for in BCGD and 504 in SPY, against full books of 42 and 505.

What only one of them owns

Our book lists 478 positions for SPY that do not appear in our book for BCGD (76.2% of the fund), and 5 for BCGD that do not appear in SPY (6.5%).

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

StockWeight in BCGDWeight in SPYDifference
NVDANvidia Corp6.97%8.01%1.04%
AMZNAmazon.Com Inc6.60%3.79%2.81%
GOOGAlphabet Inc5.14%2.39%2.75%
VVisa Inc Class A5.85%0.94%4.91%
METAMeta Platforms Inc3.00%1.93%1.07%
LLYEli Lilly & Co.3.08%1.40%1.68%
SPGIS&p Global Inc.4.03%0.20%3.83%
CMECme Group, Cl A3.86%0.16%3.70%
AVGOBroadcom Inc1.06%2.66%1.60%
WELLWelltower, Inc.2.96%0.26%2.70%

57.0% of BCGD 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.

BCGDSPY

Free for up to 10 holdings. No account needed.

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, by $66 a year on a $10,000 investment.

What is the holdings overlap between BCGD and SPY?

57.0% of BCGD's money is in holdings SPY also owns. 23.1% of SPY's is in holdings BCGD also owns. They hold 19 positions in common, counted across the 40 positions we hold weights for in BCGD and 504 in SPY.

Which pays a higher dividend, BCGD or SPY?

BCGD yields 0.00% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.

Is SPY better than BCGD?

SPY has a lower expense ratio. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 50.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.