SPY vs UCBG
State Street SPDR S&P 500 ETF Trust vs State Street SPDR UC Investments 90/10 Endowment Strategy Index ETF
Which is better, SPY or UCBG?
Large Cap Blend against Equity-oriented Balanced.
UCBG has a lower expense ratio. UCBG is less concentrated, with 35.2% of the fund in its ten largest positions against 38.2%.
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 | UCBG |
|---|---|---|
| Expense Ratio | 0.09% | 0.06%Best |
| AUM | $823.2B | $2.5B |
| Dividend Yield | 0.99% | 0.09% |
| Holdings | 1,515 | 782 |
| YTD Return | +12.91%Best | +0.27% |
| 1Y Return | +12.90% | - |
| 3Y Return (annualized) | +24.58% | - |
| 5Y Return (annualized) | +12.41% | - |
| Top 10 Weight | 38.2% | 35.2%Best |
| Fund Family | State Street Investment Management | State Street Investment Management |
| Category | Equity | Allocation/Balanced |
| Style | Large Cap Blend | Equity-oriented Balanced |
| Inception | Jan 22, 1993 | Sep 1, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
SPY vs UCBG 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.
SPY vs UCBG Performance
State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management and State Street SPDR UC Investments 90/10 Endowment Strategy Index ETF (UCBG) is an ETF from State Street Investment Management. Year to date, SPY is up 12.91% versus a gain of 0.27% for UCBG.
Past performance does not guarantee future results.
Fees and Cost Over Time
SPY charges 0.09% per year while UCBG charges 0.06%. On a $10,000 position that is $9 vs $6 annually, a gap of $3 per year that compounds over a long holding period. On income, SPY currently yields 0.99% against 0.09% for UCBG.
Holdings Overlap
98.9% of SPY's money is in holdings UCBG also owns. 89.1% of UCBG's money is in holdings SPY also owns.
Most of SPY is already inside UCBG. Owning both mostly buys the same companies twice.
494 positions in common, counted across the 504 positions we hold weights for in SPY and 782 in UCBG, against full books of 1,515 and 782.
What only one of them owns
Our book lists 283 positions for UCBG that do not appear in our book for SPY (8.4% of the fund), and 5 for SPY that do not appear in UCBG (0.5%).
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 UCBG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.78% | 7.67% | 0.11% |
| AAPLApple, Inc | 7.45% | 6.60% | 0.85% |
| MSFTMicrosoft Corp | 5.71% | 5.20% | 0.51% |
| AMZNAmazon.Com Inc | 3.78% | 3.34% | 0.44% |
| GOOGLAlphabet Inc | 3.12% | 2.73% | 0.39% |
| AVGOBroadcom Inc | 2.48% | 2.28% | 0.20% |
| GOOGAlphabet Inc. C | 2.49% | 2.19% | 0.30% |
| METAMeta Platforms Inc | 2.22% | 2.17% | 0.05% |
| MUMicron Technology, Inc. | 1.59% | 1.64% | 0.05% |
| TSLATesla Inc | 1.54% | 1.41% | 0.13% |
98.9% of SPY is already inside UCBG.
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 UCBG?
SPY has an expense ratio of 0.09% while UCBG charges 0.06%. UCBG is the cheaper option, by $3 a year on a $10,000 investment.
What is the holdings overlap between SPY and UCBG?
98.9% of SPY's money is in holdings UCBG also owns. 89.1% of UCBG's is in holdings SPY also owns. They hold 494 positions in common, counted across the 504 positions we hold weights for in SPY and 782 in UCBG.
Which pays a higher dividend, SPY or UCBG?
SPY yields 0.99% while UCBG yields 0.09%, so SPY currently pays the higher dividend yield.
Is UCBG better than SPY?
UCBG has a lower expense ratio. UCBG is less concentrated, with 35.2% of the fund in its ten largest positions against 38.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.