SPY vs TGLR
State Street SPDR S&P 500 ETF Trust vs Wedbush LAFFER | TENGLER New Era Value ETF
Which is better, SPY or TGLR?
Large Cap Blend against Large Cap Value.
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.92. SPY is less concentrated, with 38.9% of the fund in its ten largest positions against 43.7%.
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 | SPY | TGLR |
|---|---|---|
| Expense Ratio | 0.09%Best | 0.85% |
| AUM | $777.9B | $34M |
| Dividend Yield | 1.00% | 0.94% |
| Holdings | 1,011 | 60 |
| YTD Return | +12.09%Best | +7.93% |
| 1Y Return | +12.45%Best | +9.77% |
| 3Y Return (annualized) | +21.45%Best | +20.46% |
| 5Y Return (annualized) | +11.87% | - |
| Volatility (annualized) | 12.6%Tie | 12.6%Tie |
| Max Drawdown | -18.8%Best | -19.8% |
| $10,000 over 3.2 years | $17,836Best | $17,011 |
| Top 10 Weight | 38.9%Best | 43.7% |
| Fund Family | State Street Investment Management | Wedbush Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Value |
| Inception | Jan 22, 1993 | Apr 13, 2026 |
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Aug 28, 2023 to Nov 11, 2026 (3.2 years).
SPY vs TGLR 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 3.2 years both funds cover.
SPY vs TGLR Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and Wedbush LAFFER | TENGLER New Era Value ETF (TGLR) is an ETF from Wedbush Funds. Over the past year SPY returned +12.45% while TGLR returned +9.77%. Year to date, SPY is up 12.09% versus a gain of 7.93% for TGLR.
Over three years, SPY compounded at +21.45% per year against +20.46% for TGLR.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY and TGLR have been equally volatile, both at 12.6% annualized.
The deepest peak-to-trough decline in our data was -18.8% for SPY and -19.8% for TGLR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SPY charges 0.09% per year while TGLR charges 0.85%. On a $10,000 position that is $9 vs $85 annually, a gap of $76 per year that compounds over a long holding period. On income, SPY currently yields 1.00% against 0.94% for TGLR.
Holdings Overlap
43.9% of SPY's money is in holdings TGLR also owns. 96.3% of TGLR's money is in holdings SPY also owns.
Most of TGLR is already inside SPY. Owning both mostly buys the same companies twice.
28 positions in common, counted across the 504 positions we hold weights for in SPY and 29 in TGLR, against full books of 1,011 and 60.
What only one of them owns
Our book lists 0 positions for TGLR that do not appear in our book for SPY (0.0% of the fund), and 471 for SPY that do not appear in TGLR (55.8%).
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 SPY | Weight in TGLR | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.05% | 3.87% | 4.18% |
| MSFTMicrosoft Corp | 5.96% | 5.20% | 0.76% |
| AAPLApple Inc | 7.53% | 3.35% | 4.18% |
| AMZNAmazon.Com Inc | 3.75% | 3.60% | 0.15% |
| GOOGLAlphabet Inc | 3.07% | 3.58% | 0.51% |
| AVGOBroadcom Inc | 2.48% | 3.96% | 1.48% |
| JPMJpmorgan Chase | 1.34% | 4.62% | 3.28% |
| ABBVAbbvie Inc. | 0.75% | 4.78% | 4.03% |
| AXPAmerican Express Co. | 0.24% | 4.85% | 4.61% |
| WMTWalmart Inc | 0.78% | 4.22% | 3.44% |
96.3% of TGLR 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, SPY or TGLR?
SPY has an expense ratio of 0.09% while TGLR charges 0.85%. SPY is the cheaper option, by $76 a year on a $10,000 investment.
Which performed better, SPY or TGLR?
Over the past year SPY returned +12.45% vs +9.77% for TGLR, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SPY or TGLR?
SPY and TGLR have been equally volatile, both at 12.6% annualized. Worst drawdown: SPY -18.8% vs TGLR -19.8%.
Should I hold both SPY and TGLR?
SPY and TGLR have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between SPY and TGLR?
96.3% of TGLR's money is in holdings SPY also owns. 96.3% of TGLR's is in holdings SPY also owns. They hold 28 positions in common, counted across the 504 positions we hold weights for in SPY and 29 in TGLR.
Which pays a higher dividend, SPY or TGLR?
SPY yields 1.00% while TGLR yields 0.94%, so SPY currently pays the higher dividend yield.
Is TGLR better than SPY?
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.92. SPY is less concentrated, with 38.9% of the fund in its ten largest positions against 43.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.