BWTG vs SPY
Brendan Wood TopGun 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 | BWTG | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.09% | |
| AUM | $21M | $821.1B | |
| Dividend Yield | 0.33% | 1.01% | |
| Holdings | 26 | 505 | |
| YTD Return | +6.98% | +12.22% | |
| 1Y Return | +13.83% | +20.83% | |
| 3Y Return (annualized) | - | +21.70% | |
| 5Y Return (annualized) | - | +12.98% | |
| Volatility (annualized) | 12.0% | 15.3% | |
| Max Drawdown | -13.2% | -56.5% | |
| Fund Family | Brendan Wood TopGun | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Nov 9, 2023 | Jan 22, 1993 |
BWTG vs SPY Performance
Brendan Wood TopGun ETF (BWTG) is a ETF from Brendan Wood TopGun and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year BWTG returned +13.83% while SPY returned +20.83%. Year to date, BWTG is up 6.98% versus a gain of 12.22% for SPY.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 12.0% for BWTG. 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 -13.2% for BWTG 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BWTG charges 0.95% per year while SPY charges 0.09%. On a $10,000 position that is $95 vs $9 annually, a gap of $86 per year that compounds over a long holding period. On income, BWTG currently yields 0.33% against 1.01% for SPY.
Holdings Overlap
BWTG and SPY share 3 holdings out of 508 unique holdings combined, representing a 5.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, BWTG or SPY?
BWTG has an expense ratio of 0.95% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $86 per year of difference.
Which performed better, BWTG or SPY?
Over the past year BWTG returned +13.83% vs +20.83% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (3 years), BWTG annualized +20.69% vs +8.79% for SPY. Past performance does not guarantee future results.
Which is riskier, BWTG or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 12.0% for BWTG. Worst drawdown: BWTG -13.2% vs SPY -56.5%.
Should I hold both BWTG and SPY?
BWTG and SPY have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BWTG and SPY?
BWTG and SPY share 3 common holdings with a 5.0% weight overlap. Combined, they hold 508 unique securities.
Which pays a higher dividend, BWTG or SPY?
BWTG yields 0.33% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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