EGGY vs SPY

EGGY vs SPY
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Quick Verdict

SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.

Lower Fees: SPYHigher Returns: SPYMore Diversified: SPY

Side-by-Side Comparison

MetricEGGYSPYWinner
Expense Ratio0.92%0.09%
AUM$162M$821.1B
Dividend Yield38.31%1.01%
Holdings44505
YTD Return+17.14%+13.17%
1Y Return+21.13%+21.53%
3Y Return (annualized)-+22.06%
5Y Return (annualized)-+13.35%
Volatility (annualized)33.5%15.3%
Max Drawdown-33.6%-56.5%
Fund FamilyNestYieldState Street Investment Management
CategoryEquityEquity
InceptionDec 26, 2024Jan 22, 1993

EGGY vs SPY Performance

NestYield Dynamic Income ETF (EGGY) is a ETF from NestYield and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year EGGY returned +21.13% while SPY returned +21.53%. Year to date, EGGY is up 17.14% versus a gain of 13.17% for SPY.

Risk: Volatility and Drawdowns

EGGY has been the more volatile fund, with annualized monthly volatility of 33.5% 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 -33.6% for EGGY 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 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

EGGY charges 0.92% per year while SPY charges 0.09%. On a $10,000 position that is $92 vs $9 annually, a gap of $83 per year that compounds over a long holding period. On income, EGGY currently yields 38.31% against 1.01% for SPY.

Holdings Overlap

9.0%overlap

EGGY and SPY share 14 holdings out of 511 unique holdings combined, representing a 9.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in EGGYWeight in SPYDifference
STX12.91%0.28%12.63%
GOOGL4.54%3.33%1.21%
LITE6.45%0.10%6.35%
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Frequently Asked Questions

Which is cheaper, EGGY or SPY?

EGGY has an expense ratio of 0.92% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $83 per year of difference.

Which performed better, EGGY or SPY?

Over the past year EGGY returned +21.13% vs +21.53% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), EGGY annualized +20.11% vs +8.82% for SPY. Past performance does not guarantee future results.

Which is riskier, EGGY or SPY?

EGGY has been the more volatile fund at 33.5% annualized versus 15.3% for SPY. Worst drawdown: EGGY -33.6% vs SPY -56.5%.

Should I hold both EGGY and SPY?

EGGY and SPY have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between EGGY and SPY?

EGGY and SPY share 14 common holdings with a 9.0% weight overlap. Combined, they hold 511 unique securities.

Which pays a higher dividend, EGGY or SPY?

EGGY yields 38.31% while SPY yields 1.01%, so EGGY currently pays the higher dividend yield.

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