PCLG vs SPY

PCLG vs SPY
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Quick Verdict

SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.

Lower Fees: SPYHigher Returns: SPYMore Diversified: SPY

Side-by-Side Comparison

MetricPCLGSPYWinner
Expense Ratio0.49%0.09%
AUM$88M$821.1B
Dividend Yield0.04%1.01%
Holdings26505
YTD Return-6.08%+12.22%
1Y Return-8.25%+20.83%
3Y Return (annualized)-+21.70%
5Y Return (annualized)-+12.98%
Volatility (annualized)-15.3%
Max Drawdown-23.8%-56.5%
Fund FamilyPolen CapitalState Street Investment Management
CategoryEquityEquity
InceptionSep 30, 2025Jan 22, 1993

PCLG vs SPY Performance

Polen Focus Growth ETF (PCLG) is a ETF from Polen Capital and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year PCLG returned -8.25% while SPY returned +20.83%. Year to date, PCLG is down 6.08% versus a gain of 12.22% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -23.8% for PCLG 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

PCLG charges 0.49% per year while SPY charges 0.09%. On a $10,000 position that is $49 vs $9 annually, a gap of $40 per year that compounds over a long holding period. On income, PCLG currently yields 0.04% against 1.01% for SPY.

Holdings Overlap

30.0%overlap

PCLG and SPY share 23 holdings out of 508 unique holdings combined, representing a 30.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in PCLGWeight in SPYDifference
NVDA6.95%7.71%0.76%
MSFT7.63%5.50%2.13%
AMZN5.83%4.08%1.75%
AVGOProProPro
GOOGProProPro
LLYProProPro
VProProPro
MAProProPro
NOWProProPro
ORCLProProPro
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Frequently Asked Questions

Which is cheaper, PCLG or SPY?

PCLG has an expense ratio of 0.49% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $40 per year of difference.

Which performed better, PCLG or SPY?

Over the past year PCLG returned -8.25% vs +20.83% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results.

What is the holdings overlap between PCLG and SPY?

PCLG and SPY share 23 common holdings with a 30.0% weight overlap. Combined, they hold 508 unique securities.

Which pays a higher dividend, PCLG or SPY?

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

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