LCLG vs SPY
Logan Capital Large Cap Growth ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, LCLG or SPY?
Large Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. LCLG led over 3Y and the full window, SPY over 1Y. The two have moved almost in lockstep, correlation 0.93. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 44.0%.
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 | LCLG | SPY |
|---|---|---|
| Expense Ratio | 0.90% | 0.09%Best |
| AUM | $105M | $804.7B |
| Dividend Yield | 0.00% | 0.98% |
| Holdings | 57 | 505 |
| YTD Return | +8.92% | +11.52%Best |
| 1Y Return | +11.35% | +17.48%Best |
| 3Y Return (annualized) | +24.22%Best | +20.62% |
| 5Y Return (annualized) | - | +12.73% |
| Volatility (annualized) | 19.8% | 14.2%Best |
| Max Drawdown | -25.8% | -18.8%Best |
| $10,000 over 4.1 years | $21,168Best | $19,391 |
| Top 10 Weight | 44.0% | 38.0%Best |
| Fund Family | Logan Capital | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Aug 8, 2022 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Aug 8, 2022 to Sep 10, 2026 (4.1 years).
LCLG 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 4.1 years both funds cover.
LCLG vs SPY Performance
Logan Capital Large Cap Growth ETF (LCLG) is an ETF from Logan Capital and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year LCLG returned +11.35% while SPY returned +17.48%. Year to date, LCLG is up 8.92% versus a gain of 11.52% for SPY.
Over three years, LCLG compounded at +24.22% per year against +20.62% for SPY. Across the full 4-year window we track, LCLG has the edge at +20.07% annualized vs +17.53%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
LCLG has been the more volatile fund, with annualized monthly volatility of 19.8% compared with 14.2% 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 -25.8% for LCLG 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
LCLG charges 0.90% per year while SPY charges 0.09%. On a $10,000 position that is $90 vs $9 annually, a gap of $81 per year that compounds over a long holding period. On income, LCLG currently yields 0.00% against 0.98% for SPY.
Holdings Overlap
83.5% of LCLG's money is in holdings SPY also owns. 29.0% of SPY's money is in holdings LCLG also owns.
Most of LCLG is already inside SPY. Owning both mostly buys the same companies twice.
40 positions in common, counted across the 56 positions we hold weights for in LCLG and 504 in SPY, against full books of 57 and 505.
What only one of them owns
Our book lists 454 positions for SPY that do not appear in our book for LCLG (70.5% of the fund), and 14 for LCLG that do not appear in SPY (15.0%).
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.
Top Shared Holdings
| Stock | Weight in LCLG | Weight in SPY | Difference |
|---|---|---|---|
| AAPLApple, Inc | 4.44% | 6.83% | 2.39% |
| AMZNAmazon.Com Inc | 3.91% | 4.08% | 0.17% |
| AVGOBroadcom Inc | 4.87% | 2.97% | 1.90% |
| GOOGLAlphabet A Usd 0.001 | 3.60% | 3.33% | 0.27% |
| MUMicron Technology, Inc. | 5.41% | 1.51% | 3.90% |
| APHAmphenol Corp. Class A | 5.74% | 0.32% | 5.42% |
| GOOGAlphabet Inc | 2.49% | 2.67% | 0.18% |
| KLACKla Corp. | 4.75% | 0.38% | 4.37% |
| METAMeta Platforms, Inc. | 3.04% | 1.94% | 1.10% |
| FLEXFlex Ltd. Ordinary Shares | 4.71% | 0.07% | 4.64% |
83.5% of LCLG 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, LCLG or SPY?
LCLG has an expense ratio of 0.90% while SPY charges 0.09%. SPY is the cheaper option, by $81 a year on a $10,000 investment.
Which performed better, LCLG or SPY?
Over the past year LCLG returned +11.35% vs +17.48% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (4 years), LCLG annualized +20.07% vs +17.53% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LCLG or SPY?
LCLG has been the more volatile fund at 19.8% annualized versus 14.2% for SPY. Worst drawdown: LCLG -25.8% vs SPY -18.8%.
Should I hold both LCLG and SPY?
LCLG and SPY have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between LCLG and SPY?
83.5% of LCLG's money is in holdings SPY also owns. 29.0% of SPY's is in holdings LCLG also owns. They hold 40 positions in common, counted across the 56 positions we hold weights for in LCLG and 504 in SPY.
Which pays a higher dividend, LCLG or SPY?
LCLG yields 0.00% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than LCLG?
SPY has a lower expense ratio. LCLG led over 3Y and the full window, SPY over 1Y. The two have moved almost in lockstep, correlation 0.93. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 44.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.