GEME vs SPY
Pacific NoS Global EM Equity Active ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, GEME or SPY?
Large Cap Value against Large Cap Blend.
SPY has a lower expense ratio. GEME led over 1Y 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 | GEME | SPY |
|---|---|---|
| Expense Ratio | 0.75% | 0.09%Best |
| AUM | $472M | $804.7B |
| Dividend Yield | 5.66% | 0.98% |
| Holdings | 68 | 505 |
| YTD Return | +30.10%Best | +13.81% |
| 1Y Return | +44.74%Best | +16.94% |
| 3Y Return (annualized) | - | +22.84% |
| 5Y Return (annualized) | - | +13.50% |
| Volatility (annualized) | 19.8% | 12.9%Best |
| Max Drawdown | -16.9%Best | -18.8% |
| $10,000 over 1.7 years | $18,438Best | $12,976 |
| Fund Family | Pacific Global Asset Management | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Jan 23, 2025 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Jan 23, 2025 to Sep 22, 2026 (1.7 years).
GEME 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 1.7 years both funds cover.
GEME vs SPY Performance
Pacific NoS Global EM Equity Active ETF (GEME) is an ETF from Pacific Global Asset Management and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year GEME returned +44.74% while SPY returned +16.94%. Year to date, GEME is up 30.10% versus a gain of 13.81% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GEME has been the more volatile fund, with annualized monthly volatility of 19.8% compared with 12.9% 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 -16.9% for GEME 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 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GEME charges 0.75% per year while SPY charges 0.09%. On a $10,000 position that is $75 vs $9 annually, a gap of $66 per year that compounds over a long holding period. On income, GEME currently yields 5.66% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 47 holdings in GEME and 504 in SPY, totalling 87.7% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 47 positions we hold weights for in GEME and 504 in SPY, against full books of 68 and 505.
You are not choosing between two funds in isolation.
Whichever of GEME 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, GEME or SPY?
GEME has an expense ratio of 0.75% while SPY charges 0.09%. SPY is the cheaper option, by $66 a year on a $10,000 investment.
Which performed better, GEME or SPY?
Over the past year GEME returned +44.74% vs +16.94% for SPY, so GEME leads on 1-year performance. Over the longest common window we track (2 years), GEME annualized +43.32% vs +16.56% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GEME or SPY?
GEME has been the more volatile fund at 19.8% annualized versus 12.9% for SPY. Worst drawdown: GEME -16.9% vs SPY -18.8%.
Should I hold both GEME and SPY?
GEME and SPY have a monthly-return correlation of 0.67, 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, GEME or SPY?
GEME yields 5.66% while SPY yields 0.98%, so GEME currently pays the higher dividend yield.
Is SPY better than GEME?
SPY has a lower expense ratio. GEME led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.