BLGR vs SPY
BLGR vs SPY
Bluemonte Large Cap 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 | BLGR | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.24% | 0.09% | |
| AUM | - | $789.1B | |
| Dividend Yield | - | 1.01% | |
| Holdings | 5 | 505 | |
| YTD Return | +12.65% | +13.79% | |
| 1Y Return | +21.74% | +23.66% | |
| 3Y Return (annualized) | - | +21.40% | |
| 5Y Return (annualized) | - | +13.37% | |
| Volatility (annualized) | 16.9% | 15.3% | |
| Max Drawdown | -14.1% | -56.5% | |
| Fund Family | Bluemonte Investment Management | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Jun 20, 2025 | Jan 22, 1993 |
BLGR vs SPY Performance
Bluemonte Large Cap Growth ETF (BLGR) is a ETF from Bluemonte Investment Management and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year BLGR returned +21.74% while SPY returned +23.66%. Year to date, BLGR is up 12.65% versus a gain of 13.79% for SPY.
Risk: Volatility and Drawdowns
BLGR has been the more volatile fund, with annualized monthly volatility of 16.9% 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 -14.1% for BLGR 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 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BLGR charges 0.24% per year while SPY charges 0.09%. On a $10,000 position that is $24 vs $9 annually, a gap of $15 per year that compounds over a long holding period.
Holdings Overlap
BLGR and SPY share 0 holdings out of 507 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, BLGR or SPY?
BLGR has an expense ratio of 0.24% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $15 per year of difference.
Which performed better, BLGR or SPY?
Over the past year BLGR returned +21.74% vs +23.66% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), BLGR annualized +26.74% vs +8.85% for SPY. Past performance does not guarantee future results.
Which is riskier, BLGR or SPY?
BLGR has been the more volatile fund at 16.9% annualized versus 15.3% for SPY. Worst drawdown: BLGR -14.1% vs SPY -56.5%.
Should I hold both BLGR and SPY?
BLGR and SPY have a monthly-return correlation of 0.98, 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 BLGR and SPY?
BLGR and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 507 unique securities.
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