GEQ vs SPY
Cambria Global EW 2 ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, GEQ or SPY?
SPY costs less.
SPY has a lower expense ratio. GEQ is less concentrated, with 17.5% of the fund in its ten largest positions against 37.8%.
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 | GEQ | SPY |
|---|---|---|
| Expense Ratio | 0.27% | 0.09%Best |
| AUM | $209M | $804.7B |
| Dividend Yield | 0.00% | 0.98% |
| Holdings | 644 | 505 |
| YTD Return | +1.38% | +10.96%Best |
| 1Y Return | - | +15.52% |
| 3Y Return (annualized) | - | +20.73% |
| 5Y Return (annualized) | - | +12.53% |
| Top 10 Weight | 17.5%Best | 37.8% |
| Fund Family | Cambria Investment Management | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 9, 2026 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
GEQ 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.
GEQ vs SPY Performance
Cambria Global EW 2 ETF (GEQ) is an ETF from Cambria Investment Management and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, GEQ is up 1.38% versus a gain of 10.96% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
GEQ charges 0.27% per year while SPY charges 0.09%. On a $10,000 position that is $27 vs $9 annually, a gap of $18 per year that compounds over a long holding period. On income, GEQ currently yields 0.00% against 0.98% for SPY.
Holdings Overlap
46.7% of GEQ's money is in holdings SPY also owns. 90.5% of SPY's money is in holdings GEQ also owns.
Most of SPY is already inside GEQ. Owning both mostly buys the same companies twice.
290 positions in common, counted across the 644 positions we hold weights for in GEQ and 504 in SPY, against full books of 644 and 505.
What only one of them owns
Our book lists 208 positions for SPY that do not appear in our book for GEQ (8.9% of the fund), and 162 for GEQ that do not appear in SPY (31.3%).
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 GEQ | Weight in SPY | Difference |
|---|---|---|---|
| NVDANvidia Corp | 1.44% | 8.01% | 6.57% |
| AAPLApple, Inc | 1.95% | 7.26% | 5.31% |
| MSFTMicrosoft Corp | 1.88% | 5.66% | 3.78% |
| AMZNAmazon.Com Inc | 1.15% | 3.79% | 2.64% |
| GOOGLAlphabet Inc,class A | 0.79% | 2.99% | 2.20% |
| AVGOBroadcom Inc | 0.88% | 2.66% | 1.78% |
| GOOGAlphabet Inc | 1.10% | 2.39% | 1.29% |
| JPMJpmorgan Chase | 0.88% | 1.45% | 0.57% |
| METAMeta Platforms Inc | 0.32% | 1.93% | 1.61% |
| MUMicron Technology, Inc. | 0.49% | 1.60% | 1.11% |
90.5% of SPY is already inside GEQ.
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, GEQ or SPY?
GEQ has an expense ratio of 0.27% while SPY charges 0.09%. SPY is the cheaper option, by $18 a year on a $10,000 investment.
What is the holdings overlap between GEQ and SPY?
90.5% of SPY's money is in holdings GEQ also owns. 90.5% of SPY's is in holdings GEQ also owns. They hold 290 positions in common, counted across the 644 positions we hold weights for in GEQ and 504 in SPY.
Which pays a higher dividend, GEQ or SPY?
GEQ yields 0.00% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than GEQ?
SPY has a lower expense ratio. GEQ is less concentrated, with 17.5% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.