FFOG vs SPY
Franklin Focused Dynamic Growth ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, FFOG or SPY?
Large Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. FFOG led over the full window, SPY over 1Y. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 56.6%.
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 | FFOG | SPY |
|---|---|---|
| Expense Ratio | 0.41% | 0.09%Best |
| AUM | $344M | $804.7B |
| Dividend Yield | 0.00% | 0.98% |
| Holdings | 47 | 505 |
| YTD Return | +7.87% | +12.22%Best |
| 1Y Return | +5.93% | +16.97%Best |
| 3Y Return (annualized) | - | +21.16% |
| 5Y Return (annualized) | - | +13.00% |
| Volatility (annualized) | 20.1% | 11.8%Best |
| Max Drawdown | -25.4% | -18.8%Best |
| $10,000 over 2.9 years | $19,664Best | $18,240 |
| Top 10 Weight | 56.6% | 37.8%Best |
| Fund Family | Franklin Templeton Investments (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Nov 6, 2023 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Nov 6, 2023 to Sep 17, 2026 (2.9 years).
FFOG 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 2.9 years both funds cover.
FFOG vs SPY Performance
Franklin Focused Dynamic Growth ETF (FFOG) is an ETF from Franklin Templeton Investments (US) and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year FFOG returned +5.93% while SPY returned +16.97%. Year to date, FFOG is up 7.87% versus a gain of 12.22% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FFOG has been the more volatile fund, with annualized monthly volatility of 20.1% compared with 11.8% 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 -25.4% for FFOG and -18.8% 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 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FFOG charges 0.41% per year while SPY charges 0.09%. On a $10,000 position that is $41 vs $9 annually, a gap of $32 per year that compounds over a long holding period. On income, FFOG currently yields 0.00% against 0.98% for SPY.
Holdings Overlap
72.6% of FFOG's money is in holdings SPY also owns. 40.5% of SPY's money is in holdings FFOG also owns.
Most of FFOG is already inside SPY. Owning both mostly buys the same companies twice.
23 positions in common, counted across the 42 positions we hold weights for in FFOG and 504 in SPY, against full books of 47 and 505.
What only one of them owns
Our book lists 474 positions for SPY that do not appear in our book for FFOG (58.9% of the fund), and 10 for FFOG that do not appear in SPY (11.9%).
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 FFOG | Weight in SPY | Difference |
|---|---|---|---|
| NVDANvidia Corp | 10.17% | 8.01% | 2.16% |
| AMZNAmazon.Com Inc | 9.40% | 3.79% | 5.61% |
| AAPLApple, Inc | 5.60% | 7.26% | 1.66% |
| GOOGLAlphabet Inc,class A | 8.44% | 2.99% | 5.45% |
| MSFTMicrosoft Corp | 4.10% | 5.66% | 1.56% |
| AVGOBroadcom Inc | 3.86% | 2.66% | 1.20% |
| METAMeta Platforms Inc | 4.20% | 1.93% | 2.27% |
| SNDKSandisk Corp/De | 3.83% | 0.35% | 3.48% |
| MAMastercard Inc | 2.99% | 0.71% | 2.28% |
| LLYEli Lilly & Co. | 2.18% | 1.40% | 0.78% |
72.6% of FFOG is already inside SPY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FFOG or SPY?
FFOG has an expense ratio of 0.41% while SPY charges 0.09%. SPY is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, FFOG or SPY?
Over the past year FFOG returned +5.93% vs +16.97% 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, FFOG or SPY?
FFOG has been the more volatile fund at 20.1% annualized versus 11.8% for SPY. Worst drawdown: FFOG -25.4% vs SPY -18.8%.
Should I hold both FFOG and SPY?
FFOG and SPY have a monthly-return correlation of 0.87, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between FFOG and SPY?
72.6% of FFOG's money is in holdings SPY also owns. 40.5% of SPY's is in holdings FFOG also owns. They hold 23 positions in common, counted across the 42 positions we hold weights for in FFOG and 504 in SPY.
Which pays a higher dividend, FFOG or SPY?
FFOG yields 0.00% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than FFOG?
SPY has a lower expense ratio. FFOG led over the full window, SPY over 1Y. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 56.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.