RGT vs SPY
Royce Global Value Trust Inc. vs State Street SPDR S&P 500 ETF Trust
Which is better, RGT or SPY?
Mid Cap Value against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window.
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 | RGT | SPY |
|---|---|---|
| Expense Ratio | 1.74% | 0.09%Best |
| AUM | $68M | $804.7B |
| Dividend Yield | 1.07% | 0.98% |
| Holdings | 103 | 505 |
| YTD Return | +11.87% | +12.47%Best |
| 1Y Return | +14.24% | +17.51%Best |
| 3Y Return (annualized) | +20.00% | +21.18%Best |
| 5Y Return (annualized) | +3.11% | +12.88%Best |
| Volatility (annualized) | 20.5% | 14.5%Best |
| Max Drawdown | -46.8% | -34.1%Best |
| $10,000 over 5 years | $11,655 | $18,327Best |
| Fund Family | Franklin Templeton Investments (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | Oct 18, 2013 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 9, 2013 to Sep 11, 2026 (12.9 years).
RGT 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 12.9 years both funds cover.
RGT vs SPY Performance
Royce Global Value Trust Inc. (RGT) is an ETF from Franklin Templeton Investments (US) and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year RGT returned +14.24% while SPY returned +17.51%. Year to date, RGT is up 11.87% versus a gain of 12.47% for SPY.
Over three years, RGT compounded at +20.00% per year against +21.18% for SPY; over five years the annualized figures are +3.11% and +12.88% respectively. Across the full 13-year window we track, SPY has the edge at +13.21% annualized vs +7.21%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RGT has been the more volatile fund, with annualized monthly volatility of 20.5% compared with 14.5% 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 -46.8% for RGT 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
RGT charges 1.74% per year while SPY charges 0.09%. On a $10,000 position that is $174 vs $9 annually, a gap of $165 per year that compounds over a long holding period. On income, RGT currently yields 1.07% against 0.98% for SPY.
Holdings Overlap
At least 0.1% of SPY's money is in holdings RGT also owns.
Stated as a floor: for RGT, our book for it covers 92.9% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
2 positions in common, counted across the 101 positions we hold weights for in RGT and 504 in SPY, against full books of 103 and 505.
You are not choosing between two funds in isolation.
Whichever of RGT and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, RGT or SPY?
RGT has an expense ratio of 1.74% while SPY charges 0.09%. SPY is the cheaper option, by $165 a year on a $10,000 investment.
Which performed better, RGT or SPY?
Over the past year RGT returned +14.24% vs +17.51% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (13 years), RGT annualized +7.21% vs +13.21% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RGT or SPY?
RGT has been the more volatile fund at 20.5% annualized versus 14.5% for SPY. Worst drawdown: RGT -46.8% vs SPY -34.1%.
Should I hold both RGT and SPY?
RGT and SPY have a monthly-return correlation of 0.83, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, RGT or SPY?
RGT yields 1.07% while SPY yields 0.98%, so RGT currently pays the higher dividend yield.
Is SPY better than RGT?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.