EFG vs SPY
iShares MSCI EAFE Growth ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, EFG or SPY?
Large Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. EFG is less concentrated, with 21.0% 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 | EFG | SPY |
|---|---|---|
| Expense Ratio | 0.34% | 0.09%Best |
| AUM | $16.7B | $804.7B |
| Dividend Yield | 2.24% | 0.98% |
| Holdings | 380 | 505 |
| YTD Return | +4.32% | +12.09%Best |
| 1Y Return | +6.64% | +16.29%Best |
| 3Y Return (annualized) | +12.17% | +21.20%Best |
| 5Y Return (annualized) | +3.37% | +13.37%Best |
| Volatility (annualized) | 16.9% | 15.0%Best |
| Max Drawdown | -58.9% | -56.5%Best |
| $10,000 over 5 years | $11,802 | $18,728Best |
| Top 10 Weight | 21.0%Best | 37.8% |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Aug 1, 2005 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: Aug 5, 2005 to Sep 18, 2026 (21.1 years).
EFG 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 21.1 years both funds cover.
EFG vs SPY Performance
iShares MSCI EAFE Growth ETF (EFG) is an ETF from iShares by BlackRock (US) and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year EFG returned +6.64% while SPY returned +16.29%. Year to date, EFG is up 4.32% versus a gain of 12.09% for SPY.
Over three years, EFG compounded at +12.17% per year against +21.20% for SPY; over five years the annualized figures are +3.37% and +13.37% respectively. Across the full 21-year window we track, SPY has the edge at +9.41% annualized vs +6.01%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EFG has been the more volatile fund, with annualized monthly volatility of 16.9% compared with 15.0% 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 -58.9% for EFG and -56.5% 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EFG charges 0.34% per year while SPY charges 0.09%. On a $10,000 position that is $34 vs $9 annually, a gap of $25 per year that compounds over a long holding period. On income, EFG currently yields 2.24% against 0.98% for SPY.
Holdings Overlap
0.6% of EFG's money is in holdings SPY also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 346 positions we hold weights for in EFG and 504 in SPY, against full books of 380 and 505.
What only one of them owns
Our book lists 496 positions for SPY that do not appear in our book for EFG (99.3% of the fund), and 6 for EFG that do not appear in SPY (1.4%).
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 EFG | Weight in SPY | Difference |
|---|---|---|---|
| DGDollar General Corp. | 0.56% | 0.04% | 0.52% |
You are not choosing between two funds in isolation.
Whichever of EFG 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, EFG or SPY?
EFG has an expense ratio of 0.34% while SPY charges 0.09%. SPY is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, EFG or SPY?
Over the past year EFG returned +6.64% vs +16.29% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (21 years), EFG annualized +6.01% vs +9.41% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EFG or SPY?
EFG has been the more volatile fund at 16.9% annualized versus 15.0% for SPY. Worst drawdown: EFG -58.9% vs SPY -56.5%.
Should I hold both EFG and SPY?
EFG and SPY have a monthly-return correlation of 0.86, 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, EFG or SPY?
EFG yields 2.24% while SPY yields 0.98%, so EFG currently pays the higher dividend yield.
Is SPY better than EFG?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. EFG is less concentrated, with 21.0% 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.