IFGL vs SPY
iShares International Developed Real Estate ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, IFGL or SPY?
Mid Cap Blend against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. IFGL is less concentrated, with 28.4% 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 | IFGL | SPY |
|---|---|---|
| Expense Ratio | 0.48% | 0.09%Best |
| AUM | $81M | $814.4B |
| Dividend Yield | 3.98% | 1.01% |
| Holdings | 280 | 505 |
| YTD Return | -1.85% | +12.71%Best |
| 1Y Return | -1.21% | +19.36%Best |
| 3Y Return (annualized) | +7.61% | +21.09%Best |
| 5Y Return (annualized) | -2.71% | +12.69%Best |
| Volatility (annualized) | 19.7% | 15.7%Best |
| Max Drawdown | -71.3% | -55.2%Best |
| $10,000 over 5 years | $8,716 | $18,173Best |
| Top 10 Weight | 28.4%Best | 38.0% |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | Nov 12, 2007 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: Nov 19, 2007 to Sep 8, 2026 (18.8 years).
IFGL 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 18.8 years both funds cover.
IFGL vs SPY Performance
iShares International Developed Real Estate ETF (IFGL) is an ETF from iShares by BlackRock (US) and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year IFGL returned -1.21% while SPY returned +19.36%. Year to date, IFGL is down 1.85% versus a gain of 12.71% for SPY.
Over three years, IFGL compounded at +7.61% per year against +21.09% for SPY; over five years the annualized figures are -2.71% and +12.69% respectively. Across the full 19-year window we track, SPY has the edge at +9.74% annualized vs -3.09%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IFGL has been the more volatile fund, with annualized monthly volatility of 19.7% compared with 15.7% 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 -71.3% for IFGL and -55.2% 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 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IFGL charges 0.48% per year while SPY charges 0.09%. On a $10,000 position that is $48 vs $9 annually, a gap of $39 per year that compounds over a long holding period. On income, IFGL currently yields 3.98% against 1.01% for SPY.
Holdings Overlap
We hold position weights for 257 holdings in IFGL and 503 in SPY, totalling 98.9% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 257 positions we hold weights for in IFGL and 503 in SPY, against full books of 280 and 505.
What only one of them owns
Our book lists 493 positions for SPY that do not appear in our book for IFGL (99.4% of the fund), and 2 for IFGL that do not appear in SPY (0.5%).
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.
You are not choosing between two funds in isolation.
Whichever of IFGL 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, IFGL or SPY?
IFGL has an expense ratio of 0.48% while SPY charges 0.09%. SPY is the cheaper option, by $39 a year on a $10,000 investment.
Which performed better, IFGL or SPY?
Over the past year IFGL returned -1.21% vs +19.36% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (19 years), IFGL annualized -3.09% vs +9.74% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IFGL or SPY?
IFGL has been the more volatile fund at 19.7% annualized versus 15.7% for SPY. Worst drawdown: IFGL -71.3% vs SPY -55.2%.
Should I hold both IFGL and SPY?
IFGL and SPY have a monthly-return correlation of 0.77, 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, IFGL or SPY?
IFGL yields 3.98% while SPY yields 1.01%, so IFGL currently pays the higher dividend yield.
Is SPY better than IFGL?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. IFGL is less concentrated, with 28.4% 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.