OGIG vs SPY
ALPS O'Shares Global Internet Giants ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, OGIG or SPY?
Large Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 41.6%.
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 | OGIG | SPY |
|---|---|---|
| Expense Ratio | 0.48% | 0.09%Best |
| AUM | $105M | $804.7B |
| Dividend Yield | 0.08% | 0.98% |
| Holdings | 55 | 505 |
| YTD Return | -5.02% | +12.09%Best |
| 1Y Return | -15.59% | +16.29%Best |
| 3Y Return (annualized) | +15.89% | +21.20%Best |
| 5Y Return (annualized) | -1.93% | +13.37%Best |
| Volatility (annualized) | 25.8% | 16.6%Best |
| Max Drawdown | -66.0% | -34.1%Best |
| $10,000 over 5 years | $9,072 | $18,728Best |
| Top 10 Weight | 41.6% | 37.8%Best |
| Fund Family | ALPS Advisors | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Jun 5, 2018 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: Jun 5, 2018 to Sep 18, 2026 (8.3 years).
OGIG 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 8.3 years both funds cover.
OGIG vs SPY Performance
ALPS O'Shares Global Internet Giants ETF (OGIG) is an ETF from ALPS Advisors and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year OGIG returned -15.59% while SPY returned +16.29%. Year to date, OGIG is down 5.02% versus a gain of 12.09% for SPY.
Over three years, OGIG compounded at +15.89% per year against +21.20% for SPY; over five years the annualized figures are -1.93% and +13.37% respectively. Across the full 8-year window we track, SPY has the edge at +14.09% annualized vs +8.42%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OGIG has been the more volatile fund, with annualized monthly volatility of 25.8% compared with 16.6% 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 -66.0% for OGIG and -34.1% 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OGIG 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, OGIG currently yields 0.08% against 0.98% for SPY.
Holdings Overlap
60.4% of OGIG's money is in holdings SPY also owns. 19.0% of SPY's money is in holdings OGIG also owns.
The two portfolios partly overlap.
28 positions in common, counted across the 54 positions we hold weights for in OGIG and 504 in SPY, against full books of 55 and 505.
What only one of them owns
Our book lists 469 positions for SPY that do not appear in our book for OGIG (80.3% of the fund), and 11 for OGIG that do not appear in SPY (18.8%).
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 OGIG | Weight in SPY | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 6.80% | 5.66% | 1.14% |
| AMZNAmazon.Com Inc | 5.63% | 3.79% | 1.84% |
| GOOGLAlphabet Inc,class A | 4.96% | 2.99% | 1.97% |
| METAMeta Platforms Inc | 5.27% | 1.93% | 3.34% |
| PLTRPalantir Technologies Inc | 4.92% | 0.63% | 4.29% |
| ORCLOracle Corp - Common | 3.66% | 0.36% | 3.30% |
| CRWDCrowdstrike Holdings Inc | 2.75% | 0.33% | 2.42% |
| PANWPalo Alto Networks, Inc | 2.56% | 0.45% | 2.11% |
| DASHDoordash Inc - A | 2.43% | 0.13% | 2.30% |
| NOWServicenow, Inc | 2.05% | 0.22% | 1.83% |
60.4% of OGIG 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, OGIG or SPY?
OGIG 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, OGIG or SPY?
Over the past year OGIG returned -15.59% vs +16.29% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (8 years), OGIG annualized +8.42% vs +14.09% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OGIG or SPY?
OGIG has been the more volatile fund at 25.8% annualized versus 16.6% for SPY. Worst drawdown: OGIG -66.0% vs SPY -34.1%.
Should I hold both OGIG and SPY?
OGIG and SPY have a monthly-return correlation of 0.72, 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 OGIG and SPY?
60.4% of OGIG's money is in holdings SPY also owns. 19.0% of SPY's is in holdings OGIG also owns. They hold 28 positions in common, counted across the 54 positions we hold weights for in OGIG and 504 in SPY.
Which pays a higher dividend, OGIG or SPY?
OGIG yields 0.08% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than OGIG?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 41.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.