CGIE vs SPY
Capital Group International Equity ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, CGIE or SPY?
Large Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. CGIE is less concentrated, with 25.8% of the fund in its ten largest positions against 38.2%.
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 | CGIE | SPY |
|---|---|---|
| Expense Ratio | 0.54% | 0.09%Best |
| AUM | $2.5B | $811.2B |
| Dividend Yield | 1.32% | 0.98% |
| Holdings | 146 | 1,515 |
| YTD Return | +5.19% | +13.54%Best |
| 1Y Return | +8.96% | +16.25%Best |
| 3Y Return (annualized) | +16.06% | +23.72%Best |
| 5Y Return (annualized) | - | +13.95% |
| Volatility (annualized) | 11.6%Best | 12.3% |
| Max Drawdown | -13.8%Best | -18.8% |
| $10,000 over 3 years | $15,252 | $18,577Best |
| Top 10 Weight | 25.8%Best | 38.2% |
| Fund Family | Capital Group (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Sep 26, 2023 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Sep 28, 2023 to Oct 2, 2026 (3 years).
CGIE 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 covers the 3 years both funds cover.
CGIE vs SPY Performance
Capital Group International Equity ETF (CGIE) is an ETF from Capital Group (US) and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year CGIE returned +8.96% while SPY returned +16.25%. Year to date, CGIE is up 5.19% versus a gain of 13.54% for SPY.
Over three years, CGIE compounded at +16.06% per year against +23.72% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 12.3% compared with 11.6% for CGIE. 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 -13.8% for CGIE and -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CGIE charges 0.54% per year while SPY charges 0.09%. On a $10,000 position that is $54 vs $9 annually, a gap of $45 per year that compounds over a long holding period. On income, CGIE currently yields 1.32% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 73 holdings in CGIE and 504 in SPY, totalling 100.0% and 99.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 73 positions we hold weights for in CGIE and 504 in SPY, against full books of 146 and 1,515.
What only one of them owns
Our book lists 497 positions for SPY that do not appear in our book for CGIE (99.2% of the fund), and 2 for CGIE that do not appear in SPY (2.9%).
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.
You are not choosing between two funds in isolation.
Whichever of CGIE and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CGIE or SPY?
CGIE has an expense ratio of 0.54% while SPY charges 0.09%. SPY is the cheaper option, by $45 a year on a $10,000 investment.
Which performed better, CGIE or SPY?
Over the past year CGIE returned +8.96% vs +16.25% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGIE or SPY?
SPY has been the more volatile fund at 12.3% annualized versus 11.6% for CGIE. Worst drawdown: CGIE -13.8% vs SPY -18.8%.
Should I hold both CGIE and SPY?
CGIE and SPY have a monthly-return correlation of 0.68, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, CGIE or SPY?
CGIE yields 1.32% while SPY yields 0.98%, so CGIE currently pays the higher dividend yield.
Is SPY better than CGIE?
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. CGIE is less concentrated, with 25.8% of the fund in its ten largest positions against 38.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.