EAGL 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

MetricEAGLSPYWinner
Expense Ratio0.80%0.09%
AUM$4.4B$789.1B
Dividend Yield0.56%1.01%
Holdings33505
YTD Return+6.95%+13.68%
1Y Return+16.83%+21.53%
3Y Return (annualized)-+21.44%
5Y Return (annualized)-+13.18%
Volatility (annualized)11.3%15.3%
Max Drawdown-15.1%-56.5%
Fund FamilyEagle Capital Management LLCState Street Investment Management
CategoryEquityEquity
InceptionMar 21, 2024Jan 22, 1993

EAGL vs SPY Performance

Eagle Capital Select Equity ETF (EAGL) is a ETF from Eagle Capital Management LLC and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year EAGL returned +16.83% while SPY returned +21.53%. Year to date, EAGL is up 6.95% versus a gain of 13.68% for SPY.

Risk: Volatility and Drawdowns

SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 11.3% for EAGL. 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 -15.1% for EAGL 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 0.82. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

EAGL charges 0.80% per year while SPY charges 0.09%. On a $10,000 position that is $80 vs $9 annually, a gap of $71 per year that compounds over a long holding period. On income, EAGL currently yields 0.56% against 1.01% for SPY.

Holdings Overlap

15.5%overlap

EAGL and SPY share 18 holdings out of 513 unique holdings combined, representing a 15.5% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in EAGLWeight in SPYDifference
AMZN7.51%3.69%3.82%
MSFT3.98%4.43%0.45%
UNH7.08%0.59%6.49%
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Frequently Asked Questions

Which is cheaper, EAGL or SPY?

EAGL has an expense ratio of 0.80% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $71 per year of difference.

Which performed better, EAGL or SPY?

Over the past year EAGL returned +16.83% vs +21.53% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), EAGL annualized +15.31% vs +8.85% for SPY. Past performance does not guarantee future results.

Which is riskier, EAGL or SPY?

SPY has been the more volatile fund at 15.3% annualized versus 11.3% for EAGL. Worst drawdown: EAGL -15.1% vs SPY -56.5%.

Should I hold both EAGL and SPY?

EAGL and SPY have a monthly-return correlation of 0.82, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between EAGL and SPY?

EAGL and SPY share 18 common holdings with a 15.5% weight overlap. Combined, they hold 513 unique securities.

Which pays a higher dividend, EAGL or SPY?

EAGL yields 0.56% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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