ETF Versus

SPLG vs XLY

State Street SPDR Portfolio S&P 500 ETF vs State Street Consumer Discretionary Select Sector SPDR ETF

Last updated: 2026-04-10

SPLG SPDR

State Street SPDR Portfolio S&P 500 ETF (SPLG) is an exchange-traded fund issued by SPDR that provides exposure to large-cap U.S. equities across growth and value styles. Launched in 2009, the fund has a 17-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 2009-01-02
XLY SPDR

State Street Consumer Discretionary Select Sector SPDR ETF (XLY) is an exchange-traded fund issued by SPDR that provides exposure to us sector - consumer discretionary securities. It charges a low expense ratio of 0.08%. The fund offers a modest dividend yield of 0.79%. Launched in 1998, the fund has a 28-year track record.

AUM: $21.3B ER: 0.08% Yield: 0.79% Since: Dec 16, 1998

Quick Verdict

SPLG has a slightly lower expense ratio (0.00% vs 0.08%), saving about $159 per $10,000 over 10 years. Over the past year, SPLG has significantly outperformed with a 29.7% return vs 19.8%.

Key Metrics

Metric SPLG XLY
Expense Ratio N/A 0.08%
Dividend Yield N/A 0.8%
Fund Family SPDR SPDR
Category US Large Cap Blend US Sector - Consumer Discretionary

Performance Chart

Indexed to 100 at start (5-year comparison)

70 90 110 130 150 170 2021-04 2022-07 2023-10 2024-12 2026-04
SPLG +65.4%
XLY +27.1%

Performance Comparison

Period SPLG XLY Difference
1 Month +0.54% -1.36% +1.90%
3 Months -2.18% -9.58% +7.40%
6 Months +2.59% -3.72% +6.31%
YTD -0.46% -4.87% +4.41%
1 Year +29.69% +19.84% +9.85%
3 Years +66.15% +54.44% +11.71%
5 Years +65.40% +27.14% +38.26%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SPLG Fees XLY Fees You Save
$10,000 10 years $0 $159 $159
$10,000 20 years $0 $686 $686
$10,000 30 years $0 $2,212 $2,212
$50,000 10 years $0 $797 $797
$50,000 30 years $0 $11,061 $11,061
$100,000 30 years $0 $22,123 $22,123

Risk Metrics

Based on 5 years of daily returns

Metric SPLG XLY
Annualized Volatility 16.9% 23.7%
Max Drawdown -25.4% -40.3%
Sharpe Ratio 0.42 0.13

Dividend Comparison

Metric SPLG XLY
Annual Dividend (per share) $0.88 $0.89
Dividend Yield 1.10% 0.79%
Distribution Frequency Quarterly Quarterly

Top Holdings

XLY Top Holdings

NameWeight
Amazon.com, Inc.AMZN24.60%
Tesla, Inc.TSLA17.23%
The Home Depot, Inc.HD5.97%
The TJX Companies, Inc.TJX4.40%
McDonald's CorporationMCD4.37%
Booking Holdings Inc.BKNG3.57%
Lowe's Companies, Inc.LOW3.35%
Starbucks CorporationSBUX2.71%
O'Reilly Automotive, Inc.ORLY1.92%
Marriott International, Inc.MAR1.88%

Which One Should You Choose?

Choose SPLG if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose SPLG if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

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