CPTL vs SPY
Global X Morningstar Capital Allocation Leaders ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, CPTL or SPY?
Nearly the same fund. SPY costs less.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99. CPTL is less concentrated, with 37.7% 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 | CPTL | SPY |
|---|---|---|
| Expense Ratio | 0.35% | 0.09%Best |
| AUM | $116M | $804.7B |
| Dividend Yield | 2.32% | 0.98% |
| Holdings | 158 | 505 |
| YTD Return | +11.44% | +12.22%Best |
| 1Y Return | +16.10% | +16.97%Best |
| 3Y Return (annualized) | +17.84% | +21.16%Best |
| 5Y Return (annualized) | +9.81% | +13.00%Best |
| Volatility (annualized) | 15.8% | 15.3%Best |
| Max Drawdown | -36.2% | -34.1%Best |
| $10,000 over 5 years | $15,966 | $18,424Best |
| Top 10 Weight | 37.7%Best | 37.8% |
| Fund Family | Global X by mirae Asset | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 11, 2016 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: Jul 12, 2016 to Sep 17, 2026 (10.2 years).
CPTL 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 10.2 years both funds cover.
CPTL vs SPY Performance
Global X Morningstar Capital Allocation Leaders ETF (CPTL) is an ETF from Global X by mirae Asset and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year CPTL returned +16.10% while SPY returned +16.97%. Year to date, CPTL is up 11.44% versus a gain of 12.22% for SPY.
Over three years, CPTL compounded at +17.84% per year against +21.16% for SPY; over five years the annualized figures are +9.81% and +13.00% respectively. Across the full 10-year window we track, SPY has the edge at +14.07% annualized vs +12.74%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CPTL has been the more volatile fund, with annualized monthly volatility of 15.8% 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 -36.2% for CPTL and -34.1% 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 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
CPTL charges 0.35% per year while SPY charges 0.09%. On a $10,000 position that is $35 vs $9 annually, a gap of $26 per year that compounds over a long holding period. On income, CPTL currently yields 2.32% against 0.98% for SPY.
Holdings Overlap
98.7% of CPTL's money is in holdings SPY also owns. 63.6% of SPY's money is in holdings CPTL also owns.
Most of CPTL is already inside SPY. Owning both mostly buys the same companies twice.
145 positions in common, counted across the 154 positions we hold weights for in CPTL and 504 in SPY, against full books of 158 and 505.
What only one of them owns
Our book lists 353 positions for SPY that do not appear in our book for CPTL (35.9% of the fund), and 8 for CPTL that do not appear in SPY (1.1%).
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 CPTL | Weight in SPY | Difference |
|---|---|---|---|
| NVDANvidia Corp | 4.82% | 8.01% | 3.19% |
| AAPLApple, Inc | 4.85% | 7.26% | 2.41% |
| MSFTMicrosoft Corp | 4.95% | 5.66% | 0.71% |
| AMZNAmazon.Com Inc | 3.98% | 3.79% | 0.19% |
| AVGOBroadcom Inc | 3.39% | 2.66% | 0.73% |
| GOOGLAlphabet Inc,class A | 2.21% | 2.99% | 0.78% |
| JPMJpmorgan Chase | 3.35% | 1.45% | 1.90% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 3.31% | 1.40% | 1.91% |
| LLYEli Lilly & Co. | 3.25% | 1.40% | 1.85% |
| TSLATesla Inc | 2.91% | 1.52% | 1.39% |
98.7% of CPTL 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, CPTL or SPY?
CPTL has an expense ratio of 0.35% while SPY charges 0.09%. SPY is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, CPTL or SPY?
Over the past year CPTL returned +16.10% vs +16.97% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (10 years), CPTL annualized +12.74% vs +14.07% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CPTL or SPY?
CPTL has been the more volatile fund at 15.8% annualized versus 15.3% for SPY. Worst drawdown: CPTL -36.2% vs SPY -34.1%.
Should I hold both CPTL and SPY?
CPTL and SPY have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between CPTL and SPY?
98.7% of CPTL's money is in holdings SPY also owns. 63.6% of SPY's is in holdings CPTL also owns. They hold 145 positions in common, counted across the 154 positions we hold weights for in CPTL and 504 in SPY.
Which pays a higher dividend, CPTL or SPY?
CPTL yields 2.32% while SPY yields 0.98%, so CPTL currently pays the higher dividend yield.
Is SPY better than CPTL?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99. CPTL is less concentrated, with 37.7% 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.