PBOG 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

MetricPBOGSPYWinner
Expense Ratio0.13%0.09%
AUM$435M$789.1B
Dividend Yield0.15%1.01%
Holdings39505
YTD Return+31.82%+14.47%
1Y Return-+21.96%
3Y Return (annualized)-+21.70%
5Y Return (annualized)-+13.30%
Volatility (annualized)-15.3%
Max Drawdown-19.2%-56.5%
Fund FamilyPortfolio Building Block ETFsState Street Investment Management
CategoryEquityEquity
InceptionNov 24, 2025Jan 22, 1993

PBOG vs SPY Performance

Portfolio Building Block Integrated Oil and Gas and Exploration and Production Index ETF (PBOG) is a ETF from Portfolio Building Block ETFs and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, PBOG is up 31.82% versus a gain of 14.47% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -19.2% for PBOG 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

PBOG charges 0.13% per year while SPY charges 0.09%. On a $10,000 position that is $13 vs $9 annually, a gap of $4 per year that compounds over a long holding period. On income, PBOG currently yields 0.15% against 1.01% for SPY.

Holdings Overlap

2.0%overlap

PBOG and SPY share 12 holdings out of 525 unique holdings combined, representing a 2.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in PBOGWeight in SPYDifference
XOM17.91%0.87%17.04%
CVX10.87%0.49%10.38%
COP4.36%0.19%4.17%
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Frequently Asked Questions

Which is cheaper, PBOG or SPY?

PBOG has an expense ratio of 0.13% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $4 per year of difference.

What is the holdings overlap between PBOG and SPY?

PBOG and SPY share 12 common holdings with a 2.0% weight overlap. Combined, they hold 525 unique securities.

Which pays a higher dividend, PBOG or SPY?

PBOG yields 0.15% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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