GGM vs SPY
GGM Macro Alignment ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | GGM | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.94% | 0.09% | |
| AUM | $21M | $821.1B | |
| Dividend Yield | 1.40% | 1.01% | |
| Holdings | 7 | 505 | |
| YTD Return | +16.75% | +12.22% | |
| 1Y Return | +19.68% | +20.83% | |
| 3Y Return (annualized) | +10.37% | +21.70% | |
| 5Y Return (annualized) | - | +12.98% | |
| Volatility (annualized) | 11.3% | 15.3% | |
| Max Drawdown | -19.7% | -56.5% | |
| Fund Family | GGM Wealth Advisors | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Sep 25, 2023 | Jan 22, 1993 |
GGM vs SPY Performance
GGM Macro Alignment ETF (GGM) is a ETF from GGM Wealth Advisors and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year GGM returned +19.68% while SPY returned +20.83%. Year to date, GGM is up 16.75% versus a gain of 12.22% for SPY.
Over three years, GGM compounded at +10.37% per year against +21.70% for SPY. Across the full 3-year window we track, GGM has the edge at +10.37% annualized vs +8.79%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 11.3% for GGM. 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 -19.7% for GGM and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GGM charges 0.94% per year while SPY charges 0.09%. On a $10,000 position that is $94 vs $9 annually, a gap of $85 per year that compounds over a long holding period. On income, GGM currently yields 1.40% against 1.01% for SPY.
Holdings Overlap
GGM and SPY share 0 holdings out of 509 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GGM or SPY?
GGM has an expense ratio of 0.94% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $85 per year of difference.
Which performed better, GGM or SPY?
Over the past year GGM returned +19.68% vs +20.83% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (3 years), GGM annualized +10.37% vs +8.79% for SPY. Past performance does not guarantee future results.
Which is riskier, GGM or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 11.3% for GGM. Worst drawdown: GGM -19.7% vs SPY -56.5%.
Should I hold both GGM and SPY?
GGM and SPY have a monthly-return correlation of 0.63, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GGM and SPY?
GGM and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, GGM or SPY?
GGM yields 1.40% while SPY yields 1.01%, so GGM currently pays the higher dividend yield.
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