EUIG vs SPY
iShares Euro Investment Grade Corporate Bond USD Hedged ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | EUIG | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.09% | |
| AUM | $21M | $789.1B | |
| Dividend Yield | 1.59% | 1.01% | |
| Holdings | 215 | 505 | |
| YTD Return | +0.24% | +13.39% | |
| 1Y Return | - | +22.52% | |
| 3Y Return (annualized) | - | +21.36% | |
| 5Y Return (annualized) | - | +13.19% | |
| Volatility (annualized) | - | 15.3% | |
| Max Drawdown | -2.5% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management | |
| Category | Fixed Income | Equity | |
| Inception | Nov 5, 2025 | Jan 22, 1993 |
EUIG vs SPY Performance
iShares Euro Investment Grade Corporate Bond USD Hedged ETF (EUIG) is a ETF from iShares by BlackRock (US) and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, EUIG is up 0.24% versus a gain of 13.39% for SPY.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -2.5% for EUIG and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
EUIG charges 0.18% per year while SPY charges 0.09%. On a $10,000 position that is $18 vs $9 annually, a gap of $9 per year that compounds over a long holding period. On income, EUIG currently yields 1.59% against 1.01% for SPY.
Holdings Overlap
EUIG and SPY share 0 holdings out of 511 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, EUIG or SPY?
EUIG has an expense ratio of 0.18% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $9 per year of difference.
What is the holdings overlap between EUIG and SPY?
EUIG and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 511 unique securities.
Which pays a higher dividend, EUIG or SPY?
EUIG yields 1.59% while SPY yields 1.01%, so EUIG currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.