GEOA vs SPY
WisdomTree GeoAlpha Opportunities Fund ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, GEOA or SPY?
SPY has been ahead.
SPY has a lower expense ratio. SPY led over the full window. GEOA is less concentrated, with 29.6% of the fund in its ten largest positions against 38.0%.
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 | GEOA | SPY |
|---|---|---|
| Expense Ratio | 0.58% | 0.09%Best |
| AUM | $886,559.25 | $814.4B |
| Dividend Yield | 0.55% | 1.01% |
| Holdings | 63 | 505 |
| Volatility (annualized) | 13.6% | 13.2%Best |
| Max Drawdown | -11.7% | -8.9%Best |
| $10,000 over 1.1 years | $12,214 | $12,261Best |
| Top 10 Weight | 29.6%Best | 38.0% |
| Fund Family | WisdomTree Investments | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 8, 2025 | Jan 22, 1993 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 35 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. GEOA has data through Jul 31, 2026 and SPY through Sep 4, 2026.
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Jul 8, 2025 to Jul 31, 2026 (1.1 years).
Risk: Volatility and Drawdowns
GEOA has been the more volatile fund, with annualized monthly volatility of 13.6% compared with 13.2% 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 -11.7% for GEOA and -8.9% 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GEOA charges 0.58% per year while SPY charges 0.09%. On a $10,000 position that is $58 vs $9 annually, a gap of $49 per year that compounds over a long holding period. On income, GEOA currently yields 0.55% against 1.01% for SPY.
Holdings Overlap
41.3% of GEOA's money is in holdings SPY also owns. 8.1% of SPY's money is in holdings GEOA also owns.
The two portfolios partly overlap.
The two holdings books were reported 126 days apart, GEOA as of Mar 31, 2026 and SPY as of Aug 4, 2026, so some of the difference between them is the time between the two reports rather than the funds.
23 positions in common, counted across the 63 positions we hold weights for in GEOA and 504 in SPY, against full books of 63 and 505.
What only one of them owns
Our book lists 473 positions for SPY that do not appear in our book for GEOA (91.3% of the fund), and 7 for GEOA that do not appear in SPY (7.9%).
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 GEOA | Weight in SPY | Difference |
|---|---|---|---|
| METAMeta Platform Inc | 4.38% | 1.94% | 2.44% |
| GOOGAlphabet Inc. C | 3.06% | 2.67% | 0.39% |
| MPCMarathon Petroleum Corp | 2.73% | 0.14% | 2.59% |
| DEDeere & Co Sedol 2261203 | 2.43% | 0.23% | 2.20% |
| UPSUnited Parcel Service, Inc | 2.52% | 0.12% | 2.40% |
| XOMExxon Mobil Corp. | 1.61% | 0.96% | 0.65% |
| KRKroger Co. | 2.32% | 0.05% | 2.27% |
| CRMSalesforce Inc Crm Us Equity | 2.13% | 0.23% | 1.90% |
| IBMInternational Business Machines Corp. | 1.84% | 0.33% | 1.51% |
| CVXChevron Corp | 1.63% | 0.54% | 1.09% |
41.3% of GEOA 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, GEOA or SPY?
GEOA has an expense ratio of 0.58% while SPY charges 0.09%. SPY is the cheaper option, by $49 a year on a $10,000 investment.
Which is riskier, GEOA or SPY?
GEOA has been the more volatile fund at 13.6% annualized versus 13.2% for SPY. Worst drawdown: GEOA -11.7% vs SPY -8.9%.
Should I hold both GEOA and SPY?
GEOA and SPY have a monthly-return correlation of 0.76, 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 GEOA and SPY?
41.3% of GEOA's money is in holdings SPY also owns. 8.1% of SPY's is in holdings GEOA also owns. They hold 23 positions in common, counted across the 63 positions we hold weights for in GEOA and 504 in SPY.
Which pays a higher dividend, GEOA or SPY?
GEOA yields 0.55% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
Is SPY better than GEOA?
SPY has a lower expense ratio. SPY led over the full window. GEOA is less concentrated, with 29.6% of the fund in its ten largest positions against 38.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.