CLCV vs SPY
Crossmark Large Cap Value ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, CLCV or SPY?
Large Cap Value against Large Cap Blend.
SPY has a lower expense ratio. CLCV led over 1Y and the full window. CLCV is less concentrated, with 29.3% of the fund in its ten largest positions against 37.8%.
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 | CLCV | SPY |
|---|---|---|
| Expense Ratio | 0.50% | 0.09%Best |
| AUM | $17M | $804.7B |
| Dividend Yield | 0.34% | 0.98% |
| Holdings | 54 | 505 |
| YTD Return | +17.42%Best | +11.97% |
| 1Y Return | +23.58%Best | +16.40% |
| 3Y Return (annualized) | - | +21.10% |
| 5Y Return (annualized) | - | +12.88% |
| Volatility (annualized) | 9.1%Best | 12.4% |
| Max Drawdown | -6.9%Best | -8.9% |
| $10,000 over 1.1 years | $12,257Best | $12,039 |
| Top 10 Weight | 29.3%Best | 37.8% |
| Fund Family | Crossmark Global Investment | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Jul 23, 2025 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Jul 23, 2025 to Sep 14, 2026 (1.1 years).
CLCV 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 1.1 years both funds cover.
CLCV vs SPY Performance
Crossmark Large Cap Value ETF (CLCV) is an ETF from Crossmark Global Investment and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year CLCV returned +23.58% while SPY returned +16.40%. Year to date, CLCV is up 17.42% versus a gain of 11.97% 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 12.4% compared with 9.1% for CLCV. 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 -6.9% for CLCV and -8.9% 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CLCV 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. On income, CLCV currently yields 0.34% against 0.98% for SPY.
Holdings Overlap
90.0% of CLCV's money is in holdings SPY also owns. 34.7% of SPY's money is in holdings CLCV also owns.
Most of CLCV is already inside SPY. Owning both mostly buys the same companies twice.
47 positions in common, counted across the 53 positions we hold weights for in CLCV and 504 in SPY, against full books of 54 and 505.
What only one of them owns
Our book lists 451 positions for SPY that do not appear in our book for CLCV (64.8% of the fund), and 2 for CLCV that do not appear in SPY (2.5%).
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 CLCV | Weight in SPY | Difference |
|---|---|---|---|
| AAPLApple, Inc | 3.63% | 7.26% | 3.63% |
| MSFTMicrosoft Corp | 2.95% | 5.66% | 2.71% |
| AMZNAmazon.Com Inc | 3.91% | 3.79% | 0.12% |
| GOOGLAlphabet Inc,class A | 0.98% | 2.99% | 2.01% |
| BACBank of America Corp.: Financials | 3.19% | 0.62% | 2.57% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.92% | 0.66% | 2.26% |
| JPMJpmorgan Chase | 1.70% | 1.45% | 0.25% |
| GILDGilead Sciences | 2.69% | 0.28% | 2.41% |
| CRMSalesforce Inc Crm Us Equity | 2.64% | 0.32% | 2.32% |
| VZVerizon Communic | 2.45% | 0.32% | 2.13% |
90.0% of CLCV is already inside SPY.
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, CLCV or SPY?
CLCV has an expense ratio of 0.50% while SPY charges 0.09%. SPY is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, CLCV or SPY?
Over the past year CLCV returned +23.58% vs +16.40% for SPY, so CLCV leads on 1-year performance. Over the longest common window we track (1 years), CLCV annualized +20.32% vs +18.38% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CLCV or SPY?
SPY has been the more volatile fund at 12.4% annualized versus 9.1% for CLCV. Worst drawdown: CLCV -6.9% vs SPY -8.9%.
Should I hold both CLCV and SPY?
CLCV and SPY have a monthly-return correlation of 0.81, 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 CLCV and SPY?
90.0% of CLCV's money is in holdings SPY also owns. 34.7% of SPY's is in holdings CLCV also owns. They hold 47 positions in common, counted across the 53 positions we hold weights for in CLCV and 504 in SPY.
Which pays a higher dividend, CLCV or SPY?
CLCV yields 0.34% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than CLCV?
SPY has a lower expense ratio. CLCV led over 1Y and the full window. CLCV is less concentrated, with 29.3% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.