GHTA vs SPY

GHTA vs SPY

Which is better, GHTA or SPY?

Allocation/Balanced against Large Cap Blend.

SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window.

Lower Fees: SPYHigher Returns: SPY

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

MetricGHTASPY
Expense Ratio1.77%0.09%Best
AUM$41M$804.7B
Dividend Yield3.77%0.98%
Holdings32505
YTD Return+2.79%+13.81%Best
1Y Return+3.51%+16.94%Best
3Y Return (annualized)+9.71%+22.84%Best
5Y Return (annualized)-+13.50%
Volatility (annualized)11.2%Best15.7%
Max Drawdown-13.9%Best-24.5%
$10,000 over 4.8 years$13,719$17,526Best
Fund FamilyGoose Hollow Capital Management LLCState Street Investment Management
CategoryAllocation/BalancedEquity
StyleAllocation/BalancedLarge Cap Blend
InceptionNov 16, 2021Jan 22, 1993

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown, and the $10,000 over 4.8 years row, are measured over the window both funds cover: Nov 17, 2021 to Sep 22, 2026 (4.8 years).

GHTA 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 4.8 years both funds cover.

GHTA vs SPY Performance

Goose Hollow Tactical Allocation ETF (GHTA) is an ETF from Goose Hollow Capital Management LLC and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year GHTA returned +3.51% while SPY returned +16.94%. Year to date, GHTA is up 2.79% versus a gain of 13.81% for SPY.

Over three years, GHTA compounded at +9.71% per year against +22.84% for SPY.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SPY has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 11.2% for GHTA. 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 -13.9% for GHTA and -24.5% 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 0.71. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

GHTA charges 1.77% per year while SPY charges 0.09%. On a $10,000 position that is $177 vs $9 annually, a gap of $168 per year that compounds over a long holding period. On income, GHTA currently yields 3.77% against 0.98% for SPY.

Holdings Overlap

SPY already in GHTA0.1%

At least 0.1% of SPY's money is in holdings GHTA also owns.

Stated as a floor: for GHTA, our book for it covers 87.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.

We cannot see either book well enough to say how much of this pair is duplicated.

2 positions in common, counted across the 24 positions we hold weights for in GHTA and 504 in SPY, against full books of 32 and 505.

Top Shared Holdings

StockWeight in GHTAWeight in SPYDifference
CHTRCharter Communications Inc., Class a2.77%0.03%2.74%
APDAir Products & Chemicals Inc.1.37%0.10%1.27%

You are not choosing between two funds in isolation.

Whichever of GHTA and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

GHTASPY

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, GHTA or SPY?

GHTA has an expense ratio of 1.77% while SPY charges 0.09%. SPY is the cheaper option, by $168 a year on a $10,000 investment.

Which performed better, GHTA or SPY?

Over the past year GHTA returned +3.51% vs +16.94% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, GHTA or SPY?

SPY has been the more volatile fund at 15.7% annualized versus 11.2% for GHTA. Worst drawdown: GHTA -13.9% vs SPY -24.5%.

Should I hold both GHTA and SPY?

GHTA and SPY have a monthly-return correlation of 0.71, 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, GHTA or SPY?

GHTA yields 3.77% while SPY yields 0.98%, so GHTA currently pays the higher dividend yield.

Is SPY better than GHTA?

SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.