CLCG vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: SPYMore Diversified: SPY

Side-by-Side Comparison

MetricCLCGSPYWinner
Expense Ratio0.50%0.09%
AUM-$789.1B
Dividend Yield-1.01%
Holdings31505
YTD Return+8.62%+13.68%
1Y Return+12.48%+21.53%
3Y Return (annualized)-+21.44%
5Y Return (annualized)-+13.18%
Volatility (annualized)17.8%15.3%
Max Drawdown-16.3%-56.5%
Fund FamilyCrossmark Global InvestmentState Street Investment Management
CategoryEquityEquity
InceptionJul 23, 2025Jan 22, 1993

CLCG vs SPY Performance

Crossmark Large Cap Growth ETF (CLCG) is a ETF from Crossmark Global Investment and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year CLCG returned +12.48% while SPY returned +21.53%. Year to date, CLCG is up 8.62% versus a gain of 13.68% for SPY.

Risk: Volatility and Drawdowns

CLCG has been the more volatile fund, with annualized monthly volatility of 17.8% compared with 15.3% for SPY. 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 -16.3% for CLCG 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 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

CLCG charges 0.50% per year while SPY charges 0.09%. On a $10,000 position that is $50 vs $9 annually, a gap of $41 per year that compounds over a long holding period.

Holdings Overlap

38.6%overlap

CLCG and SPY share 28 holdings out of 505 unique holdings combined, representing a 38.6% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in CLCGWeight in SPYDifference
NVDA14.45%7.31%7.14%
AAPL13.34%7.09%6.25%
MSFT7.67%4.43%3.24%
GOOGLProProPro
AVGOProProPro
AMZNProProPro
VProProPro
LRCXProProPro
METAProProPro
MAProProPro
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Frequently Asked Questions

Which is cheaper, CLCG or SPY?

CLCG has an expense ratio of 0.50% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $41 per year of difference.

Which performed better, CLCG or SPY?

Over the past year CLCG returned +12.48% vs +21.53% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), CLCG annualized +15.45% vs +8.85% for SPY. Past performance does not guarantee future results.

Which is riskier, CLCG or SPY?

CLCG has been the more volatile fund at 17.8% annualized versus 15.3% for SPY. Worst drawdown: CLCG -16.3% vs SPY -56.5%.

Should I hold both CLCG and SPY?

CLCG and SPY have a monthly-return correlation of 0.94, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between CLCG and SPY?

CLCG and SPY share 28 common holdings with a 38.6% weight overlap. Combined, they hold 505 unique securities.

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