SAGP vs SPY
Strategas Global Policy Opportunities ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | SAGP | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.09% | |
| AUM | $81M | $821.1B | |
| Dividend Yield | 3.17% | 1.01% | |
| Holdings | 106 | 505 | |
| YTD Return | +12.01% | +12.68% | |
| 1Y Return | +17.63% | +21.82% | |
| 3Y Return (annualized) | +17.42% | +21.98% | |
| 5Y Return (annualized) | - | +12.89% | |
| Volatility (annualized) | 14.5% | 15.3% | |
| Max Drawdown | -22.9% | -56.5% | |
| Fund Family | Strategas Asset Management, LLC | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Jan 25, 2022 | Jan 22, 1993 |
SAGP vs SPY Performance
Strategas Global Policy Opportunities ETF (SAGP) is a ETF from Strategas Asset Management, LLC and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year SAGP returned +17.63% while SPY returned +21.82%. Year to date, SAGP is up 12.01% versus a gain of 12.68% for SPY.
Over three years, SAGP compounded at +17.42% per year against +21.98% for SPY. Across the full 5-year window we track, SAGP has the edge at +11.00% annualized vs +8.81%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 14.5% for SAGP. 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 -22.9% for SAGP 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SAGP charges 0.65% per year while SPY charges 0.09%. On a $10,000 position that is $65 vs $9 annually, a gap of $56 per year that compounds over a long holding period. On income, SAGP currently yields 3.17% against 1.01% for SPY.
Holdings Overlap
SAGP and SPY share 25 holdings out of 579 unique holdings combined, representing a 2.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SAGP or SPY?
SAGP has an expense ratio of 0.65% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $56 per year of difference.
Which performed better, SAGP or SPY?
Over the past year SAGP returned +17.63% vs +21.82% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (5 years), SAGP annualized +11.00% vs +8.81% for SPY. Past performance does not guarantee future results.
Which is riskier, SAGP or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 14.5% for SAGP. Worst drawdown: SAGP -22.9% vs SPY -56.5%.
Should I hold both SAGP and SPY?
SAGP and SPY have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SAGP and SPY?
SAGP and SPY share 25 common holdings with a 2.1% weight overlap. Combined, they hold 579 unique securities.
Which pays a higher dividend, SAGP or SPY?
SAGP yields 3.17% while SPY yields 1.01%, so SAGP currently pays the higher dividend yield.
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