FEIG vs SPY
Northern Trust ESG & Climate Investment Grade Corporate Core ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, FEIG or SPY?
Preferred Stock against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window.
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 | FEIG | SPY |
|---|---|---|
| Expense Ratio | 0.12% | 0.09%Best |
| AUM | $48M | $814.4B |
| Dividend Yield | 4.83% | 1.01% |
| Holdings | 746 | 505 |
| YTD Return | -0.59% | +13.34%Best |
| 1Y Return | +0.71% | +19.97%Best |
| 3Y Return (annualized) | +5.05% | +21.20%Best |
| 5Y Return (annualized) | -0.50% | +12.81%Best |
| Volatility (annualized) | 8.1%Best | 15.7% |
| Max Drawdown | -22.3%Best | -24.5% |
| $10,000 over 5 years | $9,752 | $18,270Best |
| Fund Family | Northern Trust Asset Management | State Street Investment Management |
| Category | Allocation/Balanced | Equity |
| Style | Preferred Stock | Large Cap Blend |
| Inception | Sep 20, 2021 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 21, 2021 to Sep 4, 2026 (5 years).
FEIG 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 5 years both funds cover.
FEIG vs SPY Performance
Northern Trust ESG & Climate Investment Grade Corporate Core ETF (FEIG) is an ETF from Northern Trust Asset Management and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year FEIG returned +0.71% while SPY returned +19.97%. Year to date, FEIG is down 0.59% versus a gain of 13.34% for SPY.
Over three years, FEIG compounded at +5.05% per year against +21.20% for SPY; over five years the annualized figures are -0.50% and +12.81% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 8.1% for FEIG. 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 -22.3% for FEIG and -24.5% 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FEIG charges 0.12% per year while SPY charges 0.09%. On a $10,000 position that is $12 vs $9 annually, a gap of $3 per year that compounds over a long holding period. On income, FEIG currently yields 4.83% against 1.01% for SPY.
Holdings Overlap
We hold position weights for 673 holdings in FEIG and 504 in SPY, totalling 77.9% and 100.0% of the two funds. That is not enough of FEIG to divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 673 positions we hold weights for in FEIG and 504 in SPY, against full books of 746 and 505.
Top Shared Holdings
| Stock | Weight in FEIG | Weight in SPY | Difference |
|---|---|---|---|
| HUBBHubbell Inc | 0.04% | 0.04% | 0.00% |
You are not choosing between two funds in isolation.
Whichever of FEIG 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, FEIG or SPY?
FEIG has an expense ratio of 0.12% while SPY charges 0.09%. SPY is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, FEIG or SPY?
Over the past year FEIG returned +0.71% 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, FEIG or SPY?
SPY has been the more volatile fund at 15.7% annualized versus 8.1% for FEIG. Worst drawdown: FEIG -22.3% vs SPY -24.5%.
Should I hold both FEIG and SPY?
FEIG and SPY have a monthly-return correlation of 0.71, 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, FEIG or SPY?
FEIG yields 4.83% while SPY yields 1.01%, so FEIG currently pays the higher dividend yield.
Is SPY better than FEIG?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.