ETF Versus

SPYD vs SPYG

State Street SPDR Portfolio S&P 500 High Dividend ETF vs State Street SPDR Portfolio S&P 500 Growth ETF

Last updated: 2026-04-10

SPYD SPDR

State Street SPDR Portfolio S&P 500 High Dividend ETF (SPYD) is an exchange-traded fund issued by SPDR that provides exposure to U.S. dividend-paying stocks selected for yield or dividend growth. It charges a low expense ratio of 0.07%. The fund offers a high dividend yield of 4.33%. Launched in 2015, the fund has a 11-year track record.

AUM: $7.1B ER: 0.07% Yield: 4.33% Since: Oct 21, 2015
SPYG SPDR

State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) is an exchange-traded fund issued by SPDR that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a very low expense ratio of 0.04%. The fund offers a modest dividend yield of 0.54%. Launched in 2000, the fund has a 26-year track record.

AUM: $44.2B ER: 0.04% Yield: 0.54% Since: Sep 25, 2000

Quick Verdict

SPYG has a slightly lower expense ratio (0.04% vs 0.07%), saving about $60 per $10,000 over 10 years. Over the past year, SPYG has significantly outperformed with a 36.0% return vs 15.3%. Income investors may prefer SPYD for its higher yield (4.3% vs 0.5%).

Key Metrics

Metric SPYD SPYG
Expense Ratio 0.07% 0.04%
Dividend Yield 4.3% 0.5%
Fund Family SPDR SPDR
Category US Dividend US Large Cap Growth

Performance Chart

Indexed to 100 at start (5-year comparison)

80 101 122 143 164 185 2021-04 2022-07 2023-10 2025-01 2026-04
SPYD +17.3%
SPYG +75.3%

Performance Comparison

Period SPYD SPYG Difference
1 Month -0.44% +0.63% -1.07%
3 Months +3.93% -3.48% +7.41%
6 Months +6.95% -0.04% +6.99%
YTD +5.33% -2.09% +7.42%
1 Year +15.30% +35.95% -20.65%
3 Years +19.97% +88.56% -68.59%
5 Years +17.27% +75.34% -58.07%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SPYD Fees SPYG Fees You Save
$10,000 10 years $140 $80 $60
$10,000 20 years $600 $344 $256
$10,000 30 years $1,938 $1,112 $826
$50,000 10 years $698 $399 $298
$50,000 30 years $9,692 $5,560 $4,131
$100,000 30 years $19,383 $11,121 $8,263

Risk Metrics

Based on 5 years of daily returns

Metric SPYD SPYG
Annualized Volatility 16.5% 21.1%
Max Drawdown -27.4% -33.1%
Sharpe Ratio 0.00 0.43

Dividend Comparison

Metric SPYD SPYG
Annual Dividend (per share) $1.99 $0.56
Dividend Yield 4.33% 0.54%
Distribution Frequency Quarterly Quarterly

Top Holdings

0 of top 9 holdings overlap (0% overlap in top holdings)

SPYD Top Holdings

NameWeight
APA CorporationAPA1.78%
LyondellBasell Industries N.V.LYB1.75%
Dow Inc.DOW1.69%
EOG Resources, Inc.EOG1.57%
Edison InternationalEIX1.50%
Verizon Communications Inc.VZ1.49%
Phillips 66PSX1.45%
AT&T Inc.T1.42%
Target CorporationTGT1.42%
Chevron CorporationCVX1.41%

SPYG Top Holdings

NameWeight
NVIDIA CorporationNVDA14.49%
Microsoft CorporationMSFT9.10%
Apple Inc.AAPL6.22%
Broadcom Inc.AVGO5.44%
Alphabet Inc.GOOG4.82%
Meta Platforms, Inc.META4.39%
Amazon.com, Inc.AMZN3.75%
Berkshire Hathaway Inc.BRK.B2.88%
Eli Lilly and CompanyLLY2.47%

Which One Should You Choose?

Choose SPYG if...

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

Choose SPYG if...

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

Choose SPYD if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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