NSIG vs SPY

NSIG vs SPY
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Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 505 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricNSIGSPYWinner
Expense Ratio0.38%0.09%
AUM$63M$821.1B
Dividend Yield0.00%1.01%
Holdings79505
YTD Return-2.26%+12.22%
1Y Return-+20.83%
3Y Return (annualized)-+21.70%
5Y Return (annualized)-+12.98%
Volatility (annualized)-15.3%
Max Drawdown-8.4%-56.5%
Fund FamilyNorth Square Investments, LLCState Street Investment Management
CategoryEquityEquity
InceptionJul 9, 2026Jan 22, 1993

NSIG vs SPY Performance

North Square Growth Opportunities ETF (NSIG) is a ETF from North Square Investments, LLC and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, NSIG is down 2.26% versus a gain of 12.22% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -8.4% for NSIG and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

NSIG charges 0.38% per year while SPY charges 0.09%. On a $10,000 position that is $38 vs $9 annually, a gap of $29 per year that compounds over a long holding period. On income, NSIG currently yields 0.00% against 1.01% for SPY.

Holdings Overlap

50.2%overlap

NSIG and SPY share 67 holdings out of 516 unique holdings combined, representing a 50.2% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in NSIGWeight in SPYDifference
NVDA14.20%7.71%6.49%
AAPL9.97%6.83%3.14%
GOOGL11.22%3.33%7.89%
MSFTProProPro
AVGOProProPro
AMZNProProPro
METAProProPro
LLYProProPro
MUProProPro
TSLAProProPro
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Frequently Asked Questions

Which is cheaper, NSIG or SPY?

NSIG has an expense ratio of 0.38% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $29 per year of difference.

What is the holdings overlap between NSIG and SPY?

NSIG and SPY share 67 common holdings with a 50.2% weight overlap. Combined, they hold 516 unique securities.

Which pays a higher dividend, NSIG or SPY?

NSIG yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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