OGIG vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: SPYMore Diversified: SPY

Side-by-Side Comparison

MetricOGIGSPYWinner
Expense Ratio0.48%0.09%
AUM$102M$789.1B
Dividend Yield0.09%1.01%
Holdings55505
YTD Return-2.61%+13.79%
1Y Return-7.18%+23.66%
3Y Return (annualized)+16.46%+21.40%
5Y Return (annualized)-1.65%+13.37%
Volatility (annualized)25.8%15.3%
Max Drawdown-66.0%-56.5%
Fund FamilyALPS AdvisorsState Street Investment Management
CategoryEquityEquity
InceptionJun 5, 2018Jan 22, 1993

OGIG vs SPY Performance

ALPS O'Shares Global Internet Giants ETF (OGIG) is a ETF from ALPS Advisors and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year OGIG returned -7.18% while SPY returned +23.66%. Year to date, OGIG is down 2.61% versus a gain of 13.79% for SPY.

Over three years, OGIG compounded at +16.46% per year against +21.40% for SPY; over five years the annualized figures are -1.65% and +13.37% respectively. Across the full 8-year window we track, OGIG has the edge at +8.88% annualized vs +8.85%. 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 15.3% 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 -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

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 0.09% against 1.01% for SPY.

Holdings Overlap

17.7%overlap

OGIG and SPY share 27 holdings out of 530 unique holdings combined, representing a 17.7% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in OGIGWeight in SPYDifference
MSFT6.03%4.43%1.60%
AMZN5.92%3.69%2.23%
GOOGL5.51%3.32%2.19%
METAProProPro
PLTRProProPro
ORCLProProPro
PANWProProPro
CRWDProProPro
APPProProPro
DASHProProPro
See all 10 holdings OGIG shares with SPY
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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. On a $10,000 investment, that is $39 per year of difference.

Which performed better, OGIG or SPY?

Over the past year OGIG returned -7.18% vs +23.66% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (8 years), OGIG annualized +8.88% vs +8.85% for SPY. Past performance does not guarantee future results.

Which is riskier, OGIG or SPY?

OGIG has been the more volatile fund at 25.8% annualized versus 15.3% for SPY. Worst drawdown: OGIG -66.0% vs SPY -56.5%.

Should I hold both OGIG and SPY?

OGIG and SPY have a monthly-return correlation of 0.72, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between OGIG and SPY?

OGIG and SPY share 27 common holdings with a 17.7% weight overlap. Combined, they hold 530 unique securities.

Which pays a higher dividend, OGIG or SPY?

OGIG yields 0.09% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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