GEEQ vs SPY
Guggenheim Enhanced Equity Income ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, GEEQ or SPY?
SPY costs less.
SPY has a lower expense ratio. GEEQ is less concentrated, with 11.8% of the fund in its ten largest positions against 38.2%.
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 | GEEQ | SPY |
|---|---|---|
| Expense Ratio | 0.35% | 0.09%Best |
| AUM | $61M | $823.2B |
| Dividend Yield | 0.80% | 0.99% |
| Holdings | 112 | 1,515 |
| YTD Return | -0.66% | +13.07%Best |
| 1Y Return | - | +15.41% |
| 3Y Return (annualized) | - | +23.59% |
| 5Y Return (annualized) | - | +12.71% |
| Top 10 Weight | 11.8%Best | 38.2% |
| Fund Family | Guggenheim Investments | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Aug 20, 2026 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
GEEQ 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.
GEEQ vs SPY Performance
Guggenheim Enhanced Equity Income ETF (GEEQ) 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, GEEQ is down 0.66% versus a gain of 13.07% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
GEEQ charges 0.35% per year while SPY charges 0.09%. On a $10,000 position that is $35 vs $9 annually, a gap of $26 per year that compounds over a long holding period. On income, GEEQ currently yields 0.80% against 0.99% for SPY.
Holdings Overlap
96.9% of GEEQ's money is in holdings SPY also owns. 8.6% of SPY's money is in holdings GEEQ also owns.
Most of GEEQ is already inside SPY. Owning both mostly buys the same companies twice.
100 positions in common, counted across the 112 positions we hold weights for in GEEQ and 504 in SPY, against full books of 112 and 1,515.
What only one of them owns
Our book lists 397 positions for SPY that do not appear in our book for GEEQ (90.6% of the fund), and 3 for GEEQ that do not appear in SPY (3.5%).
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 GEEQ | Weight in SPY | Difference |
|---|---|---|---|
| CVXChevron Corp | 1.02% | 0.60% | 0.42% |
| VZVerizon Communic | 1.01% | 0.33% | 0.68% |
| PEPPepsico Inc. | 1.02% | 0.28% | 0.74% |
| TAT&T Inc. | 1.02% | 0.28% | 0.74% |
| NEENextera Energy Inc | 1.00% | 0.26% | 0.74% |
| PFEPfizer Inc | 1.01% | 0.24% | 0.77% |
| MOAltria Group Inc | 1.06% | 0.18% | 0.88% |
| PGRProgressive Corporation | 1.04% | 0.20% | 0.84% |
| CBChubb Ltd Common Stock Usd 24.15 | 1.03% | 0.19% | 0.84% |
| CVSCvs Health Corp | 1.02% | 0.19% | 0.83% |
96.9% of GEEQ 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, GEEQ or SPY?
GEEQ has an expense ratio of 0.35% while SPY charges 0.09%. SPY is the cheaper option, by $26 a year on a $10,000 investment.
What is the holdings overlap between GEEQ and SPY?
96.9% of GEEQ's money is in holdings SPY also owns. 8.6% of SPY's is in holdings GEEQ also owns. They hold 100 positions in common, counted across the 112 positions we hold weights for in GEEQ and 504 in SPY.
Which pays a higher dividend, GEEQ or SPY?
GEEQ yields 0.80% while SPY yields 0.99%, so SPY currently pays the higher dividend yield.
Is SPY better than GEEQ?
SPY has a lower expense ratio. GEEQ is less concentrated, with 11.8% of the fund in its ten largest positions against 38.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.