JGRW vs SPY
Jensen Quality Growth ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, JGRW or SPY?
Large Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y and the full window. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 58.6%.
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 | JGRW | SPY |
|---|---|---|
| Expense Ratio | 0.57% | 0.09%Best |
| AUM | $74M | $811.2B |
| Dividend Yield | 0.37% | 0.98% |
| Holdings | 29 | 1,515 |
| YTD Return | +3.05% | +13.54%Best |
| 1Y Return | +1.48% | +16.25%Best |
| 3Y Return (annualized) | - | +23.72% |
| 5Y Return (annualized) | - | +13.95% |
| Volatility (annualized) | 11.2%Best | 12.1% |
| Max Drawdown | -14.6%Best | -18.8% |
| $10,000 over 2.1 years | $10,902 | $14,481Best |
| Top 10 Weight | 58.6% | 38.2%Best |
| Fund Family | Jensen Funds | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Aug 13, 2024 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Aug 13, 2024 to Oct 2, 2026 (2.1 years).
JGRW 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 2.1 years both funds cover.
JGRW vs SPY Performance
Jensen Quality Growth ETF (JGRW) is an ETF from Jensen Funds and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year JGRW returned +1.48% while SPY returned +16.25%. Year to date, JGRW is up 3.05% versus a gain of 13.54% 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 12.1% compared with 11.2% for JGRW. 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 -14.6% for JGRW 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JGRW charges 0.57% per year while SPY charges 0.09%. On a $10,000 position that is $57 vs $9 annually, a gap of $48 per year that compounds over a long holding period. On income, JGRW currently yields 0.37% against 0.98% for SPY.
Holdings Overlap
99.0% of JGRW's money is in holdings SPY also owns. 35.4% of SPY's money is in holdings JGRW also owns.
Most of JGRW is already inside SPY. Owning both mostly buys the same companies twice.
27 positions in common, counted across the 28 positions we hold weights for in JGRW and 504 in SPY, against full books of 29 and 1,515.
What only one of them owns
Measured across the 28 and 504 positions we hold weights for.
SPY holds 470 positions JGRW does not, 63.8% of the fund.
Largest: GOOG 2.49%, META 2.22%, MU 1.59%, TSLA 1.54%, BRK.B 1.44%
Top Shared Holdings
| Stock | Weight in JGRW | Weight in SPY | Difference |
|---|---|---|---|
| AAPLApple, Inc | 6.89% | 7.45% | 0.56% |
| NVDANvidia Corp | 6.55% | 7.78% | 1.23% |
| MSFTMicrosoft Corp | 8.09% | 5.71% | 2.38% |
| AMZNAmazon.Com Inc | 7.36% | 3.78% | 3.58% |
| GOOGLAlphabet Inc,class A | 6.49% | 3.12% | 3.37% |
| AVGOBroadcom Inc | 4.42% | 2.48% | 1.94% |
| MAMastercard Inc | 5.31% | 0.71% | 4.60% |
| LLYEli Lilly & Co. | 4.64% | 1.37% | 3.27% |
| MMCMarsh & Mclennan Cos Inc Common Stock Usd 1 | 4.56% | 0.13% | 4.43% |
| SHWSherwin Williams Co/the | 4.32% | 0.11% | 4.21% |
99.0% of JGRW is already inside SPY.
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, JGRW or SPY?
JGRW has an expense ratio of 0.57% while SPY charges 0.09%. SPY is the cheaper option, by $48 a year on a $10,000 investment.
Which performed better, JGRW or SPY?
Over the past year JGRW returned +1.48% vs +16.25% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), JGRW annualized +4.20% vs +19.28% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JGRW or SPY?
SPY has been the more volatile fund at 12.1% annualized versus 11.2% for JGRW. Worst drawdown: JGRW -14.6% vs SPY -18.8%.
Should I hold both JGRW and SPY?
JGRW and SPY have a monthly-return correlation of 0.89, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between JGRW and SPY?
99.0% of JGRW's money is in holdings SPY also owns. 35.4% of SPY's is in holdings JGRW also owns. They hold 27 positions in common, counted across the 28 positions we hold weights for in JGRW and 504 in SPY.
Which pays a higher dividend, JGRW or SPY?
JGRW yields 0.37% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than JGRW?
SPY has a lower expense ratio. SPY led over 1Y and the full window. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 58.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.