DGIN vs SPY
VanEck Digital India ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, DGIN or SPY?
All Cap Blend against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 62.2%.
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 | DGIN | SPY |
|---|---|---|
| Expense Ratio | 0.70% | 0.09%Best |
| AUM | $15M | $814.4B |
| Dividend Yield | 2.14% | 1.01% |
| Holdings | 31 | 505 |
| YTD Return | -8.55% | +13.34%Best |
| 1Y Return | -6.31% | +19.97%Best |
| 3Y Return (annualized) | +4.96% | +21.20%Best |
| 5Y Return (annualized) | - | +12.81% |
| Volatility (annualized) | 17.2% | 15.6%Best |
| Max Drawdown | -33.6% | -22.1%Best |
| $10,000 over 4.5 years | $10,836 | $18,610Best |
| Top 10 Weight | 62.2% | 38.0%Best |
| Fund Family | VanEck | State Street Investment Management |
| Category | Equity | Equity |
| Style | All Cap Blend | Large Cap Blend |
| Inception | Feb 15, 2022 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 4.5 years row, are measured over the window both funds cover: Feb 17, 2022 to Sep 4, 2026 (4.5 years).
DGIN 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 4.5 years both funds cover.
DGIN vs SPY Performance
VanEck Digital India ETF (DGIN) is an ETF from VanEck and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year DGIN returned -6.31% while SPY returned +19.97%. Year to date, DGIN is down 8.55% versus a gain of 13.34% for SPY.
Over three years, DGIN compounded at +4.96% per year against +21.20% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DGIN has been the more volatile fund, with annualized monthly volatility of 17.2% compared with 15.6% 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 -33.6% for DGIN and -22.1% 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 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DGIN charges 0.70% per year while SPY charges 0.09%. On a $10,000 position that is $70 vs $9 annually, a gap of $61 per year that compounds over a long holding period. On income, DGIN currently yields 2.14% against 1.01% for SPY.
Holdings Overlap
We hold position weights for 30 holdings in DGIN and 503 in SPY, totalling 102.1% and 100.0% 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 30 positions we hold weights for in DGIN and 503 in SPY, against full books of 31 and 505.
What only one of them owns
Our book lists 493 positions for SPY that do not appear in our book for DGIN (99.4% of the fund), and 1 for DGIN that do not appear in SPY (3.1%).
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.
You are not choosing between two funds in isolation.
Whichever of DGIN 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, DGIN or SPY?
DGIN has an expense ratio of 0.70% while SPY charges 0.09%. SPY is the cheaper option, by $61 a year on a $10,000 investment.
Which performed better, DGIN or SPY?
Over the past year DGIN returned -6.31% vs +19.97% 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, DGIN or SPY?
DGIN has been the more volatile fund at 17.2% annualized versus 15.6% for SPY. Worst drawdown: DGIN -33.6% vs SPY -22.1%.
Should I hold both DGIN and SPY?
DGIN and SPY have a monthly-return correlation of 0.62, 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, DGIN or SPY?
DGIN yields 2.14% while SPY yields 1.01%, so DGIN currently pays the higher dividend yield.
Is SPY better than DGIN?
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 62.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.