SPY vs TLG

SPY vs TLG
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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

MetricSPYTLGWinner
Expense Ratio0.09%0.67%
AUM$821.1B$146M
Dividend Yield1.01%0.00%
Holdings50536
YTD Return+13.17%+12.47%
1Y Return+21.53%-
3Y Return (annualized)+22.06%-
5Y Return (annualized)+13.35%-
Volatility (annualized)15.3%-
Max Drawdown-56.5%-11.8%
Fund FamilyState Street Investment ManagementTouchstone Investments
CategoryEquityEquity
InceptionJan 22, 1993Mar 16, 2026

SPY vs TLG Performance

State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and Touchstone Large Company Growth ETF (TLG) is a ETF from Touchstone Investments. Year to date, SPY is up 13.17% versus a gain of 12.47% for TLG.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -56.5% for SPY and -11.8% for TLG. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

SPY charges 0.09% per year while TLG charges 0.67%. On a $10,000 position that is $9 vs $67 annually, a gap of $58 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 0.00% for TLG.

Holdings Overlap

29.8%overlap

SPY and TLG share 26 holdings out of 513 unique holdings combined, representing a 29.8% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SPYWeight in TLGDifference
NVDA7.71%15.30%7.59%
GOOGL3.33%8.68%5.35%
MSFT5.50%5.85%0.35%
AMZNProProPro
AVGOProProPro
METAProProPro
ANETProProPro
GEVProProPro
HWMProProPro
GEProProPro
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Frequently Asked Questions

Which is cheaper, SPY or TLG?

SPY has an expense ratio of 0.09% while TLG charges 0.67%. SPY is the cheaper option. On a $10,000 investment, that is $58 per year of difference.

What is the holdings overlap between SPY and TLG?

SPY and TLG share 26 common holdings with a 29.8% weight overlap. Combined, they hold 513 unique securities.

Which pays a higher dividend, SPY or TLG?

SPY yields 1.01% while TLG yields 0.00%, so SPY currently pays the higher dividend yield.

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