GCSH vs SPY
Guggenheim Ultra Short Income ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, GCSH or SPY?
Ultrashort Term Bond against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y.
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 | GCSH | SPY |
|---|---|---|
| Expense Ratio | 0.25% | 0.09%Best |
| AUM | $307M | $777.9B |
| Dividend Yield | 1.25% | 1.00% |
| Holdings | 795 | 1,011 |
| YTD Return | +0.63% | +10.63%Best |
| 1Y Return | - | +11.24% |
| 3Y Return (annualized) | - | +20.94% |
| 5Y Return (annualized) | - | +11.58% |
| Fund Family | Guggenheim Investments | State Street Investment Management |
| Category | Fixed Income | Equity |
| Style | Ultrashort Term Bond | Large Cap Blend |
| Inception | Jun 15, 2026 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
GCSH 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
GCSH vs SPY Performance
Guggenheim Ultra Short Income ETF (GCSH) is an ETF from Guggenheim Investments and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, GCSH is up 0.63% versus a gain of 10.63% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
GCSH charges 0.25% per year while SPY charges 0.09%. On a $10,000 position that is $25 vs $9 annually, a gap of $16 per year that compounds over a long holding period. On income, GCSH currently yields 1.25% against 1.00% for SPY.
Holdings Overlap
At least 4.4% of SPY's money is in holdings GCSH also owns.
Stated as a floor: for GCSH, our book for it covers 49.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SPY and GCSH share little of their money.
29 positions in common, counted across the 171 positions we hold weights for in GCSH and 504 in SPY, against full books of 795 and 1,011.
Top Shared Holdings
| Stock | Weight in GCSH | Weight in SPY | Difference |
|---|---|---|---|
| JPMJpmorgan Chase | 0.36% | 1.34% | 0.98% |
| BACBank of America Corp.: Financials | 0.30% | 0.50% | 0.20% |
| MSMorgan Stanley | 0.30% | 0.33% | 0.03% |
| GSGoldman Sachs Group Inc/The | 0.23% | 0.38% | 0.15% |
| USBUS Bancorp | 0.45% | 0.13% | 0.32% |
| TFCTruist Financial Corp. | 0.45% | 0.08% | 0.37% |
| STTState Street Corp. | 0.45% | 0.07% | 0.38% |
| BABoeing Co | 0.23% | 0.22% | 0.01% |
| UBERUber Technologies Inc | 0.21% | 0.21% | 0.00% |
| AMTAmerican Tower Corporation | 0.23% | 0.13% | 0.10% |
You are not choosing between two funds in isolation.
Whichever of GCSH 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, GCSH or SPY?
GCSH has an expense ratio of 0.25% while SPY charges 0.09%. SPY is the cheaper option, by $16 a year on a $10,000 investment.
What is the holdings overlap between GCSH and SPY?
At least 4.4% of SPY's money is in holdings GCSH also owns. Our book for GCSH is partial, so the real figure is this or higher. They hold 29 positions in common, counted across the 171 positions we hold weights for in GCSH and 504 in SPY.
Which pays a higher dividend, GCSH or SPY?
GCSH yields 1.25% while SPY yields 1.00%, so GCSH currently pays the higher dividend yield.
Is SPY better than GCSH?
SPY has a lower expense ratio. SPY led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.