CGFS vs SPY
CG Flagship Equity ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, CGFS or SPY?
SPY costs less.
SPY has a lower expense ratio. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 53.9%.
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 | CGFS | SPY |
|---|---|---|
| Expense Ratio | 0.63% | 0.09%Best |
| AUM | $113M | $823.2B |
| Dividend Yield | 0.00% | 0.99% |
| Holdings | 365 | 1,515 |
| YTD Return | +1.52% | +13.50%Best |
| 1Y Return | - | +13.13% |
| 3Y Return (annualized) | - | +24.30% |
| 5Y Return (annualized) | - | +12.37% |
| Top 10 Weight | 53.9% | 38.2%Best |
| Fund Family | CG Advisory Services | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Sep 16, 2026 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
CGFS 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.
CGFS vs SPY Performance
CG Flagship Equity ETF (CGFS) is an ETF from CG Advisory Services and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, CGFS is up 1.52% versus a gain of 13.50% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
CGFS charges 0.63% per year while SPY charges 0.09%. On a $10,000 position that is $63 vs $9 annually, a gap of $54 per year that compounds over a long holding period. On income, CGFS currently yields 0.00% against 0.99% for SPY.
Holdings Overlap
41.7% of CGFS's money is in holdings SPY also owns. 83.7% of SPY's money is in holdings CGFS also owns.
Most of SPY is already inside CGFS. Owning both mostly buys the same companies twice.
221 positions in common, counted across the 365 positions we hold weights for in CGFS and 504 in SPY, against full books of 365 and 1,515.
What only one of them owns
Our book lists 276 positions for SPY that do not appear in our book for CGFS (15.5% of the fund), and 120 for CGFS that do not appear in SPY (57.3%).
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 CGFS | Weight in SPY | Difference |
|---|---|---|---|
| NVDANvidia Corp | 4.29% | 7.78% | 3.49% |
| AAPLApple, Inc | 3.96% | 7.45% | 3.49% |
| MSFTMicrosoft Corp | 2.07% | 5.71% | 3.64% |
| AMZNAmazon.Com Inc | 2.21% | 3.78% | 1.57% |
| GOOGLAlphabet Inc | 2.44% | 3.12% | 0.68% |
| AVGOBroadcom Inc | 1.03% | 2.48% | 1.45% |
| GOOGAlphabet Inc. C | 0.82% | 2.49% | 1.67% |
| METAMeta Platforms Inc | 1.04% | 2.22% | 1.18% |
| JPMJpmorgan Chase | 1.50% | 1.43% | 0.07% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 0.56% | 1.44% | 0.88% |
83.7% of SPY is already inside CGFS.
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, CGFS or SPY?
CGFS has an expense ratio of 0.63% while SPY charges 0.09%. SPY is the cheaper option, by $54 a year on a $10,000 investment.
What is the holdings overlap between CGFS and SPY?
83.7% of SPY's money is in holdings CGFS also owns. 83.7% of SPY's is in holdings CGFS also owns. They hold 221 positions in common, counted across the 365 positions we hold weights for in CGFS and 504 in SPY.
Which pays a higher dividend, CGFS or SPY?
CGFS yields 0.00% while SPY yields 0.99%, so SPY currently pays the higher dividend yield.
Is SPY better than CGFS?
SPY has a lower expense ratio. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 53.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.