OAKG vs SPY

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

MetricOAKGSPYWinner
Expense Ratio0.62%0.09%
AUM$38M$821.1B
Dividend Yield0.04%1.01%
Holdings51505
YTD Return+6.01%+14.24%
1Y Return-+21.71%
3Y Return (annualized)-+22.10%
5Y Return (annualized)-+13.21%
Volatility (annualized)-15.3%
Max Drawdown-11.5%-56.5%
Fund FamilyOakmark FundsState Street Investment Management
CategoryEquityEquity
InceptionDec 11, 2025Jan 22, 1993

OAKG vs SPY Performance

Oakmark Global Large Cap ETF (OAKG) is a ETF from Oakmark Funds and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, OAKG is up 6.01% versus a gain of 14.24% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -11.5% for OAKG 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

OAKG charges 0.62% per year while SPY charges 0.09%. On a $10,000 position that is $62 vs $9 annually, a gap of $53 per year that compounds over a long holding period. On income, OAKG currently yields 0.04% against 1.01% for SPY.

Holdings Overlap

6.0%overlap

OAKG and SPY share 22 holdings out of 535 unique holdings combined, representing a 6.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in OAKGWeight in SPYDifference
GOOGL1.66%3.33%1.67%
IQV4.18%0.06%4.12%
ABNB3.49%0.09%3.40%
METAProProPro
CRMProProPro
SYYProProPro
ELVProProPro
ICEProProPro
MDLZProProPro
WTW:LNProProPro
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Frequently Asked Questions

Which is cheaper, OAKG or SPY?

OAKG has an expense ratio of 0.62% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $53 per year of difference.

What is the holdings overlap between OAKG and SPY?

OAKG and SPY share 22 common holdings with a 6.0% weight overlap. Combined, they hold 535 unique securities.

Which pays a higher dividend, OAKG or SPY?

OAKG yields 0.04% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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