AGRW vs SPY
AGRW vs SPY
Allspring LT Large Growth 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 503 holdings.
Side-by-Side Comparison
| Metric | AGRW | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.09% | |
| AUM | $108M | $789.1B | |
| Dividend Yield | 0.12% | 1.01% | |
| Holdings | 46 | 505 | |
| YTD Return | +9.83% | +13.79% | |
| 1Y Return | +14.22% | +23.66% | |
| 3Y Return (annualized) | - | +21.40% | |
| 5Y Return (annualized) | - | +13.37% | |
| Volatility (annualized) | 17.3% | 15.3% | |
| Max Drawdown | -16.5% | -56.5% | |
| Fund Family | Allspring Global Investments | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Mar 26, 2025 | Jan 22, 1993 |
AGRW vs SPY Performance
Allspring LT Large Growth ETF (AGRW) is a ETF from Allspring Global Investments and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year AGRW returned +14.22% while SPY returned +23.66%. Year to date, AGRW is up 9.83% versus a gain of 13.79% for SPY.
Risk: Volatility and Drawdowns
AGRW has been the more volatile fund, with annualized monthly volatility of 17.3% compared with 15.3% for SPY. 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 -16.5% for AGRW 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 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AGRW charges 0.35% per year while SPY charges 0.09%. On a $10,000 position that is $35 vs $9 annually, a gap of $26 per year that compounds over a long holding period. On income, AGRW currently yields 0.12% against 1.01% for SPY.
Holdings Overlap
AGRW and SPY share 38 holdings out of 514 unique holdings combined, representing a 37.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in AGRW | Weight in SPY | Difference |
|---|---|---|---|
| NVDA | 15.12% | 7.31% | 7.81% |
| AAPL | 4.72% | 7.09% | 2.37% |
| GOOG | 8.56% | 2.66% | 5.90% |
| AVGO | Pro | Pro | Pro |
| MSFT | Pro | Pro | Pro |
| AMZN | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
| V | Pro | Pro | Pro |
| LRCX | Pro | Pro | Pro |
See all 10 holdings AGRW shares with SPY Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, AGRW or SPY?
AGRW has an expense ratio of 0.35% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $26 per year of difference.
Which performed better, AGRW or SPY?
Over the past year AGRW returned +14.22% vs +23.66% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), AGRW annualized +24.46% vs +8.85% for SPY. Past performance does not guarantee future results.
Which is riskier, AGRW or SPY?
AGRW has been the more volatile fund at 17.3% annualized versus 15.3% for SPY. Worst drawdown: AGRW -16.5% vs SPY -56.5%.
Should I hold both AGRW and SPY?
AGRW and SPY have a monthly-return correlation of 0.94, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between AGRW and SPY?
AGRW and SPY share 38 common holdings with a 37.9% weight overlap. Combined, they hold 514 unique securities.
Which pays a higher dividend, AGRW or SPY?
AGRW yields 0.12% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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