CGRO vs SPYT
CoreValues Alpha Greater China Growth ETF vs Defiance S&P 500 Income Target ETF
Which is better, CGRO or SPYT?
SPYT has been ahead.
CGRO has a lower expense ratio. SPYT led over 1Y and the full window.
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 | CGRO | SPYT |
|---|---|---|
| Expense Ratio | 0.89%Best | 0.92% |
| AUM | $2M | $166M |
| Dividend Yield | 3.41% | 20.68% |
| Holdings | 33 | 10 |
| YTD Return | -26.34% | +13.92%Best |
| 1Y Return | -29.82% | +16.59%Best |
| 3Y Return (annualized) | +1.62% | - |
| 5Y Return (annualized) | +1.62% | - |
| Volatility (annualized) | 24.5% | 10.7%Best |
| Max Drawdown | -36.5% | -18.3%Best |
| $10,000 over 2.6 years | $10,963 | $14,499Best |
| Fund Family | CORE VALUES ALPHA | Defiance ETFs, LLC |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Oct 16, 2023 | Mar 7, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Mar 7, 2024 to Oct 12, 2026 (2.6 years).
CGRO vs SPYT 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 2.6 years both funds cover.
CGRO vs SPYT Performance
CoreValues Alpha Greater China Growth ETF (CGRO) is an ETF from CORE VALUES ALPHA and Defiance S&P 500 Income Target ETF (SPYT) is an ETF from Defiance ETFs, LLC. Over the past year CGRO returned -29.82% while SPYT returned +16.59%. Year to date, CGRO is down 26.34% versus a gain of 13.92% for SPYT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CGRO has been the more volatile fund, with annualized monthly volatility of 24.5% compared with 10.7% for SPYT. 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 -36.5% for CGRO and -18.3% for SPYT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.08. They move largely independently of each other.
Fees and Cost Over Time
CGRO charges 0.89% per year while SPYT charges 0.92%. On a $10,000 position that is $89 vs $92 annually, a gap of $3 per year that compounds over a long holding period. On income, CGRO currently yields 3.41% against 20.68% for SPYT.
Holdings Overlap
At least 1.5% of CGRO's money is in holdings SPYT also owns.
Stated as a floor: for SPYT, our book for it covers 99.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
CGRO and SPYT share little of their money.
1 positions in common, counted across the 32 positions we hold weights for in CGRO and 2 in SPYT, against full books of 33 and 10.
Top Shared Holdings
| Stock | Weight in CGRO | Weight in SPYT | Difference |
|---|---|---|---|
| FGXXXFirst American Government Obligations Fund | 1.47% | 0.17% | 1.30% |
You are not choosing between two funds in isolation.
Whichever of CGRO and SPYT 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, CGRO or SPYT?
CGRO has an expense ratio of 0.89% while SPYT charges 0.92%. CGRO is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, CGRO or SPYT?
Over the past year CGRO returned -29.82% vs +16.59% for SPYT, so SPYT leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CGRO or SPYT?
CGRO has been the more volatile fund at 24.5% annualized versus 10.7% for SPYT. Worst drawdown: CGRO -36.5% vs SPYT -18.3%.
Should I hold both CGRO and SPYT?
CGRO and SPYT have a monthly-return correlation of 0.08, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CGRO and SPYT?
At least 1.5% of CGRO's money is in holdings SPYT also owns. Our book for SPYT is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 32 positions we hold weights for in CGRO and 2 in SPYT.
Which pays a higher dividend, CGRO or SPYT?
CGRO yields 3.41% while SPYT yields 20.68%, so SPYT currently pays the higher dividend yield.
Is SPYT better than CGRO?
CGRO has a lower expense ratio. SPYT led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.