BCHP vs. SPYG

Last updated Jun 5, 2026

BCHP (Principal Focused Blue Chip ETF) and SPYG (State Street SPDR Portfolio S&P 500 Growth ETF) are both exchange-traded funds - BCHP is a Large Cap Growth Equities fund actively managed by Principal, while SPYG is a S&P 500 fund tracking the S&P 500 Growth Index. BCHP is actively managed, while SPYG is passively managed. Over the past year, BCHP returned 6.63% vs 33.66% for SPYG. Their correlation of 0.84 suggests significant overlap in exposure. BCHP charges 0.58%/yr vs 0.04%/yr for SPYG.

Performance

BCHP vs. SPYG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal Focused Blue Chip ETF (BCHP) and State Street SPDR Portfolio S&P 500 Growth ETF (SPYG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BCHP achieves a 0.53% return, which is significantly lower than SPYG's 13.73% return.

BCHP

• 1D: 0.94%
• 1M: 1.39%
• YTD: 0.53%
• 6M: 0.13%
• 1Y: 6.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPYG

• 1D: -0.02%
• 1M: 6.54%
• YTD: 13.73%
• 6M: 13.08%
• 1Y: 33.66%
• 3Y*: 28.20%
• 5Y*: 16.07%
• 10Y*: 18.16%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BCHP vs. SPYG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BCHP Principal Focused Blue Chip ETF	0.53%	10.20%	20.55%	12.89%
SPYG State Street SPDR Portfolio S&P 500 Growth ETF	13.73%	22.09%	35.99%	6.40%

Correlation

The correlation between BCHP and SPYG is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (All Time) Calculated using the full available price history since Jul 14, 2023	0.84

The correlation between BCHP and SPYG has been stable across timeframes, ranging from 0.83 to 0.84 - a consistent structural relationship.

BCHP vs. SPYG - Sectors Allocation Comparison

Sectors	BCHP	SPYG
Technology	34.2%	51.9%
Financial Services	23.4%	8.5%
Consumer Cyclical	18.8%	8.9%
Communication Services	13.4%	16.8%
Industrials	7.3%	5.0%
Healthcare	3.0%	5.8%
Real Estate	1.2%	0.6%
Basic Materials	-	0.3%
Consumer Defensive	-	1.0%
Energy	-	0.1%
Utilities	-	1.2%

Return for Risk

BCHP vs. SPYG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BCHP

BCHP Risk / Return Rank: 15
BCHP Sharpe Ratio Rank: 16
BCHP Sortino Ratio Rank: 15
BCHP Omega Ratio Rank: 15
BCHP Calmar Ratio Rank: 14
BCHP Martin Ratio Rank: 15

SPYG

SPYG Risk / Return Rank: 60
SPYG Sharpe Ratio Rank: 65
SPYG Sortino Ratio Rank: 63
SPYG Omega Ratio Rank: 61
SPYG Calmar Ratio Rank: 51
SPYG Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BCHP vs. SPYG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal Focused Blue Chip ETF (BCHP) and State Street SPDR Portfolio S&P 500 Growth ETF (SPYG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BCHP	SPYG	Difference
Sharpe ratio: Return per unit of total volatility	0.42	2.11	-1.69
Sortino ratio: Return per unit of downside risk	0.67	2.88	-2.21
Omega ratio: Gain probability vs. loss probability	1.08	1.37	-0.28
Calmar ratio: Return relative to maximum drawdown	0.37	2.46	-2.09
Martin ratio: Return relative to average drawdown	1.18	10.17	-8.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BCHP vs. SPYG - Sharpe Ratio Comparison

The current BCHP Sharpe Ratio is 0.42, which is lower than the SPYG Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of BCHP and SPYG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BCHP	SPYG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.42	2.11	-1.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.76	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.91	0.35	+0.56

Drawdowns

BCHP vs. SPYG - Drawdown Comparison

The maximum BCHP drawdown since its inception was -18.56%, smaller than the maximum SPYG drawdown of -67.63%. Use the drawdown chart below to compare losses from any high point for BCHP and SPYG.

Drawdown Indicators

	BCHP	SPYG	Difference
Max Drawdown Largest peak-to-trough decline	-18.56%	-67.63%	+49.07%
Max Drawdown (1Y) Largest decline over 1 year	-18.12%	-13.76%	-4.36%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.14%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.67%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.67%	—
Current Drawdown Current decline from peak	-2.33%	-1.15%	-1.18%
Average Drawdown Average peak-to-trough decline	-2.97%	-24.32%	+21.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.64%	3.32%	+2.32%

Volatility

BCHP vs. SPYG - Volatility Comparison

Principal Focused Blue Chip ETF (BCHP) and State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) have volatilities of 4.36% and 4.34%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BCHP	SPYG	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.36%	4.34%	+0.02%
Volatility (6M) Calculated over the trailing 6-month period	12.90%	12.46%	+0.44%
Volatility (1Y) Calculated over the trailing 1-year period	15.93%	16.06%	-0.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.86%	21.16%	-4.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.86%	20.64%	-3.78%

BCHP vs. SPYG - Expense Ratio Comparison

BCHP has a 0.58% expense ratio, which is higher than SPYG's 0.04% expense ratio.

Dividends

BCHP vs. SPYG - Dividend Comparison

BCHP has not paid dividends to shareholders, while SPYG's dividend yield for the trailing twelve months is around 0.47%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BCHP Principal Focused Blue Chip ETF	0.00%	0.00%	1.02%	0.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPYG State Street SPDR Portfolio S&P 500 Growth ETF	0.47%	0.52%	0.60%	1.15%	1.03%	0.62%	0.90%	1.37%	1.51%	1.41%	1.55%	1.57%

Frequently Asked Questions

Can I hold both BCHP and SPYG in my portfolio?

BCHP and SPYG have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BCHP or SPYG?

BCHP has higher volatility (4.36%) compared to SPYG (4.34%). In terms of maximum drawdown, BCHP dropped -18.56% vs SPYG's -67.63%.

Which ETF is better, BCHP or SPYG?

On 1-year performance, SPYG leads with 33.66% vs 6.63% for BCHP. On fees, SPYG is cheaper at 0.04% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BCHP or SPYG?

Over the 1-year period, SPYG has performed better with a 33.66% return vs 6.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BCHP or SPYG?

SPYG is cheaper with a 0.04% expense ratio, compared with 0.58% for BCHP.

Which ETF pays a higher dividend yield, BCHP or SPYG?

SPYG has the higher dividend yield at 0.47%, compared with 0.00% for BCHP.

What is the main difference between BCHP and SPYG?

BCHP is categorized as Large Cap Growth Equities, while SPYG is S&P 500. They also come from different issuers: Principal and State Street. Their fees differ too: 0.58% for BCHP and 0.04% for SPYG.

Which has better risk-adjusted returns?

SPYG currently has the higher Sharpe Ratio (2.11 vs 0.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.