GAMR vs SPY
Amplify Video Game Leaders ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, GAMR or SPY?
Each has led over a different period.
SPY has a lower expense ratio. GAMR led over the full window, SPY over 1Y, 3Y and 5Y. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 76.2%.
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 | GAMR | SPY |
|---|---|---|
| Expense Ratio | 0.59% | 0.09%Best |
| AUM | $40M | $814.4B |
| Dividend Yield | 0.50% | 1.01% |
| Holdings | 48 | 505 |
| YTD Return | +7.62% | +13.34%Best |
| 1Y Return | +7.06% | +19.97%Best |
| 3Y Return (annualized) | +19.98% | +21.20%Best |
| 5Y Return (annualized) | +1.94% | +12.81%Best |
| Volatility (annualized) | 24.0% | 15.1%Best |
| Max Drawdown | -54.2% | -34.1%Best |
| $10,000 over 5 years | $11,008 | $18,270Best |
| Top 10 Weight | 76.2% | 38.0%Best |
| Fund Family | Amplify ETFs | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 8, 2016 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: Mar 10, 2016 to Sep 4, 2026 (10.5 years).
GAMR 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 10.5 years both funds cover.
GAMR vs SPY Performance
Amplify Video Game Leaders ETF (GAMR) is an ETF from Amplify ETFs and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year GAMR returned +7.06% while SPY returned +19.97%. Year to date, GAMR is up 7.62% versus a gain of 13.34% for SPY.
Over three years, GAMR compounded at +19.98% per year against +21.20% for SPY; over five years the annualized figures are +1.94% and +12.81% respectively. Across the full 11-year window we track, GAMR has the edge at +14.83% annualized vs +14.55%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GAMR has been the more volatile fund, with annualized monthly volatility of 24.0% compared with 15.1% 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 -54.2% for GAMR and -34.1% 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 0.60. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GAMR charges 0.59% per year while SPY charges 0.09%. On a $10,000 position that is $59 vs $9 annually, a gap of $50 per year that compounds over a long holding period. On income, GAMR currently yields 0.50% against 1.01% for SPY.
Holdings Overlap
48.0% of GAMR's money is in holdings SPY also owns. 16.6% of SPY's money is in holdings GAMR also owns.
The two portfolios partly overlap.
6 positions in common, counted across the 21 positions we hold weights for in GAMR and 504 in SPY, against full books of 48 and 505.
What only one of them owns
Our book lists 490 positions for SPY that do not appear in our book for GAMR (82.8% of the fund), and 5 for GAMR that do not appear in SPY (10.9%).
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 GAMR | Weight in SPY | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 10.38% | 7.71% | 2.67% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 12.16% | 5.50% | 6.66% |
| METAMeta Platform Inc | 9.89% | 1.94% | 7.95% |
| AMDAdvanced Micro Devices Inc | 9.40% | 1.27% | 8.13% |
| APPAppLovin Corp. Com Cl A | 3.44% | 0.17% | 3.27% |
| TTWOTake-Two Interactive Software, Inc. | 2.76% | 0.06% | 2.70% |
48.0% of GAMR 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, GAMR or SPY?
GAMR has an expense ratio of 0.59% while SPY charges 0.09%. SPY is the cheaper option, by $50 a year on a $10,000 investment.
Which performed better, GAMR or SPY?
Over the past year GAMR returned +7.06% vs +19.97% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (11 years), GAMR annualized +14.83% vs +14.55% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GAMR or SPY?
GAMR has been the more volatile fund at 24.0% annualized versus 15.1% for SPY. Worst drawdown: GAMR -54.2% vs SPY -34.1%.
Should I hold both GAMR and SPY?
GAMR and SPY have a monthly-return correlation of 0.60, 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 GAMR and SPY?
48.0% of GAMR's money is in holdings SPY also owns. 16.6% of SPY's is in holdings GAMR also owns. They hold 6 positions in common, counted across the 21 positions we hold weights for in GAMR and 504 in SPY.
Which pays a higher dividend, GAMR or SPY?
GAMR yields 0.50% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
Is SPY better than GAMR?
SPY has a lower expense ratio. GAMR led over the full window, SPY over 1Y, 3Y and 5Y. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 76.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.