RJCA vs SPY
RJ ClariVest Capital Appreciation ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, RJCA or SPY?
Large Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 53.5%.
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 | RJCA | SPY |
|---|---|---|
| Expense Ratio | 0.61% | 0.09%Best |
| AUM | $590M | $804.7B |
| Dividend Yield | 0.00% | 0.98% |
| Holdings | 71 | 505 |
| YTD Return | +3.37% | +12.09%Best |
| 1Y Return | - | +16.29% |
| 3Y Return (annualized) | - | +21.20% |
| 5Y Return (annualized) | - | +13.37% |
| Top 10 Weight | 53.5% | 37.8%Best |
| Fund Family | Carillon Family of Funds | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 21, 2006 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
RJCA 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
RJCA vs SPY Performance
RJ ClariVest Capital Appreciation ETF (RJCA) is an ETF from Carillon Family of Funds and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, RJCA is up 3.37% versus a gain of 12.09% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
RJCA charges 0.61% per year while SPY charges 0.09%. On a $10,000 position that is $61 vs $9 annually, a gap of $52 per year that compounds over a long holding period. On income, RJCA currently yields 0.00% against 0.98% for SPY.
Holdings Overlap
89.2% of RJCA's money is in holdings SPY also owns. 51.8% of SPY's money is in holdings RJCA also owns.
Most of RJCA is already inside SPY. Owning both mostly buys the same companies twice.
The two holdings books were reported 63 days apart, RJCA as of Jun 30, 2026 and SPY as of Sep 1, 2026, so some of the difference between them is the time between the two reports rather than the funds.
51 positions in common, counted across the 71 positions we hold weights for in RJCA and 504 in SPY, against full books of 71 and 505.
What only one of them owns
Our book lists 446 positions for SPY that do not appear in our book for RJCA (47.5% of the fund), and 20 for RJCA that do not appear in SPY (10.8%).
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 RJCA | Weight in SPY | Difference |
|---|---|---|---|
| NVDANvidia Corp | 13.34% | 8.01% | 5.33% |
| AAPLApple, Inc | 8.64% | 7.26% | 1.38% |
| MSFTMicrosoft Corp | 6.18% | 5.66% | 0.52% |
| AVGOBroadcom Inc | 5.57% | 2.66% | 2.91% |
| GOOGLAlphabet Inc,class A | 4.92% | 2.99% | 1.93% |
| GOOGAlphabet Inc | 3.82% | 2.39% | 1.43% |
| AMZNAmazon.Com Inc | 1.96% | 3.79% | 1.83% |
| LLYEli Lilly & Co. | 3.39% | 1.40% | 1.99% |
| METAMeta Platforms Inc | 2.58% | 1.93% | 0.65% |
| TSLATesla Inc | 2.08% | 1.52% | 0.56% |
89.2% of RJCA 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, RJCA or SPY?
RJCA has an expense ratio of 0.61% while SPY charges 0.09%. SPY is the cheaper option, by $52 a year on a $10,000 investment.
What is the holdings overlap between RJCA and SPY?
89.2% of RJCA's money is in holdings SPY also owns. 51.8% of SPY's is in holdings RJCA also owns. They hold 51 positions in common, counted across the 71 positions we hold weights for in RJCA and 504 in SPY.
Which pays a higher dividend, RJCA or SPY?
RJCA yields 0.00% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than RJCA?
SPY has a lower expense ratio. SPY led over 1Y. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 53.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.