SPY vs WAGN
State Street SPDR S&P 500 ETF Trust vs Pabrai Wagons ETF
Quick Verdict
SPY has a lower expense ratio. WAGN delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | SPY | WAGN | Winner |
|---|---|---|---|
| Expense Ratio | 0.09% | 0.90% | |
| AUM | $821.1B | $268M | |
| Dividend Yield | 1.01% | 0.00% | |
| Holdings | 505 | 24 | |
| YTD Return | +12.68% | +10.68% | |
| 1Y Return | +21.82% | - | |
| 3Y Return (annualized) | +21.98% | - | |
| 5Y Return (annualized) | +12.89% | - | |
| Volatility (annualized) | 15.3% | - | |
| Max Drawdown | -56.5% | -12.4% | |
| Fund Family | State Street Investment Management | Pabrai Wagons Fund | |
| Category | Equity | Equity | |
| Inception | Jan 22, 1993 | Feb 9, 2026 |
SPY vs WAGN Performance
State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and Pabrai Wagons ETF (WAGN) is a ETF from Pabrai Wagons Fund. Year to date, SPY is up 12.68% versus a gain of 10.68% for WAGN.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -56.5% for SPY and -12.4% for WAGN. 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 WAGN charges 0.90%. On a $10,000 position that is $9 vs $90 annually, a gap of $81 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 0.00% for WAGN.
Holdings Overlap
SPY and WAGN share 1 holdings out of 524 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in SPY | Weight in WAGN | Difference |
|---|---|---|---|
| OXY | 0.06% | 4.36% | 4.30% |
Frequently Asked Questions
Which is cheaper, SPY or WAGN?
SPY has an expense ratio of 0.09% while WAGN charges 0.90%. SPY is the cheaper option. On a $10,000 investment, that is $81 per year of difference.
What is the holdings overlap between SPY and WAGN?
SPY and WAGN share 1 common holdings with a 0.1% weight overlap. Combined, they hold 524 unique securities.
Which pays a higher dividend, SPY or WAGN?
SPY yields 1.01% while WAGN yields 0.00%, so SPY currently pays the higher dividend yield.
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