GXUS vs SPY
Goldman Sachs MarketBeta Total International Equity ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, GXUS or SPY?
Each has led over a different period.
SPY has a lower expense ratio. GXUS led over 1Y, SPY over 3Y 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 | GXUS | SPY |
|---|---|---|
| Expense Ratio | 0.18% | 0.09%Best |
| AUM | $647M | $804.7B |
| Dividend Yield | 2.34% | 0.98% |
| Holdings | 2,495 | 505 |
| YTD Return | +14.44%Best | +12.09% |
| 1Y Return | +21.67%Best | +16.29% |
| 3Y Return (annualized) | +18.64% | +21.20%Best |
| 5Y Return (annualized) | - | +13.37% |
| Volatility (annualized) | 12.7%Tie | 12.7%Tie |
| Max Drawdown | -14.3%Best | -18.8% |
| $10,000 over 3.3 years | $16,760 | $18,666Best |
| Fund Family | Goldman Sachs Asset Management | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 31, 2023 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.3 years row, are measured over the window both funds cover: Jun 7, 2023 to Sep 18, 2026 (3.3 years).
GXUS 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 3.3 years both funds cover.
GXUS vs SPY Performance
Goldman Sachs MarketBeta Total International Equity ETF (GXUS) is an ETF from Goldman Sachs Asset Management and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year GXUS returned +21.67% while SPY returned +16.29%. Year to date, GXUS is up 14.44% versus a gain of 12.09% for SPY.
Over three years, GXUS compounded at +18.64% per year against +21.20% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GXUS and SPY have been equally volatile, both at 12.7% annualized.
The deepest peak-to-trough decline in our data was -14.3% for GXUS 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
GXUS charges 0.18% per year while SPY charges 0.09%. On a $10,000 position that is $18 vs $9 annually, a gap of $9 per year that compounds over a long holding period. On income, GXUS currently yields 2.34% against 0.98% for SPY.
Holdings Overlap
At least 0.1% of SPY's money is in holdings GXUS also owns.
Stated as a floor: for GXUS, our book for it covers 90.0% 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 1,676 positions we hold weights for in GXUS and 504 in SPY, against full books of 2,495 and 505.
You are not choosing between two funds in isolation.
Whichever of GXUS 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, GXUS or SPY?
GXUS has an expense ratio of 0.18% while SPY charges 0.09%. SPY is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, GXUS or SPY?
Over the past year GXUS returned +21.67% vs +16.29% for SPY, so GXUS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GXUS or SPY?
GXUS and SPY have been equally volatile, both at 12.7% annualized. Worst drawdown: GXUS -14.3% vs SPY -18.8%.
Should I hold both GXUS and SPY?
GXUS and SPY have a monthly-return correlation of 0.73, 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, GXUS or SPY?
GXUS yields 2.34% while SPY yields 0.98%, so GXUS currently pays the higher dividend yield.
Is SPY better than GXUS?
SPY has a lower expense ratio. GXUS led over 1Y, SPY over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.