CGGR vs SPY
CGGR vs SPY
Capital Group 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 | CGGR | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.09% | |
| AUM | $23.7B | $789.1B | |
| Dividend Yield | 0.15% | 1.01% | |
| Holdings | 98 | 505 | |
| YTD Return | +0.73% | +9.93% | |
| 1Y Return | +7.64% | +19.50% | |
| 3Y Return (annualized) | +20.06% | +19.33% | |
| 5Y Return (annualized) | - | +12.82% | |
| Volatility (annualized) | 19.7% | 15.3% | |
| Max Drawdown | -28.9% | -56.5% | |
| Fund Family | Capital Group (US) | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Feb 22, 2022 | Jan 22, 1993 |
CGGR vs SPY Performance
Capital Group Growth ETF (CGGR) is a ETF from Capital Group (US) and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year CGGR returned +7.64% while SPY returned +19.50%. Year to date, CGGR is up 0.73% versus a gain of 9.93% for SPY.
Over three years, CGGR compounded at +20.06% per year against +19.33% for SPY. Across the full 4-year window we track, CGGR has the edge at +14.90% annualized vs +8.74%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CGGR has been the more volatile fund, with annualized monthly volatility of 19.7% 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 -28.9% for CGGR 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
CGGR charges 0.39% per year while SPY charges 0.09%. On a $10,000 position that is $39 vs $9 annually, a gap of $30 per year that compounds over a long holding period. On income, CGGR currently yields 0.15% against 1.01% for SPY.
Holdings Overlap
CGGR and SPY share 60 holdings out of 531 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 CGGR | Weight in SPY | Difference |
|---|---|---|---|
| NVDA | 5.16% | 7.31% | 2.15% |
| META | 7.09% | 2.03% | 5.06% |
| AAPL | 1.79% | 7.09% | 5.30% |
| MSFT | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| AMZN | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
See all 10 holdings CGGR 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, CGGR or SPY?
CGGR has an expense ratio of 0.39% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $30 per year of difference.
Which performed better, CGGR or SPY?
Over the past year CGGR returned +7.64% vs +19.50% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (4 years), CGGR annualized +14.90% vs +8.74% for SPY. Past performance does not guarantee future results.
Which is riskier, CGGR or SPY?
CGGR has been the more volatile fund at 19.7% annualized versus 15.3% for SPY. Worst drawdown: CGGR -28.9% vs SPY -56.5%.
Should I hold both CGGR and SPY?
CGGR and SPY have a monthly-return correlation of 0.95, 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 CGGR and SPY?
CGGR and SPY share 60 common holdings with a 37.9% weight overlap. Combined, they hold 531 unique securities.
Which pays a higher dividend, CGGR or SPY?
CGGR yields 0.15% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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