BLGR vs. SPYG

Last updated Jun 4, 2026

BLGR (Bluemonte Large Cap Growth ETF) and SPYG (State Street SPDR Portfolio S&P 500 Growth ETF) are both exchange-traded funds - BLGR is a Large Cap Growth Equities fund managed by Bluemonte, while SPYG is a S&P 500 fund tracking the S&P 500 Growth Index. With a 0.99 correlation, they move nearly in lockstep. BLGR charges 0.24%/yr vs 0.04%/yr for SPYG.

Performance

BLGR vs. SPYG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bluemonte Large Cap Growth ETF (BLGR) 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, BLGR achieves a 10.51% return, which is significantly lower than SPYG's 13.75% return.

BLGR

• 1D: -0.96%
• 1M: 6.35%
• YTD: 10.51%
• 6M: 10.19%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPYG

• 1D: -0.98%
• 1M: 7.38%
• YTD: 13.75%
• 6M: 13.57%
• 1Y: 33.95%
• 3Y*: 28.16%
• 5Y*: 16.07%
• 10Y*: 18.20%

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

BLGR vs. SPYG - Yearly Performance Comparison

	2026 (YTD)	2025
BLGR Bluemonte Large Cap Growth ETF	10.51%	16.11%
SPYG State Street SPDR Portfolio S&P 500 Growth ETF	13.75%	16.71%

Correlation

The correlation between BLGR and SPYG is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 24, 2025	0.99

BLGR vs. SPYG - Sectors Allocation Comparison

Sectors	BLGR	SPYG
Technology	48.1%	51.9%
Communication Services	15.8%	16.8%
Consumer Cyclical	10.7%	8.9%
Financial Services	8.2%	8.5%
Healthcare	6.7%	5.8%
Industrials	6.1%	5.0%
Consumer Defensive	1.8%	1.0%
Basic Materials	0.8%	0.3%
Real Estate	0.7%	0.6%
Energy	0.6%	0.1%
Utilities	0.6%	1.2%

Return for Risk

BLGR vs. SPYG — Risk / Return Rank

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

SPYG

SPYG Risk / Return Rank: 57
SPYG Sharpe Ratio Rank: 62
SPYG Sortino Ratio Rank: 60
SPYG Omega Ratio Rank: 59
SPYG Calmar Ratio Rank: 49
SPYG Martin Ratio Rank: 57

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.

BLGR vs. SPYG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bluemonte Large Cap Growth ETF (BLGR) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BLGR	SPYG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.12	—
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	1.96	0.35	+1.61

Drawdowns

BLGR vs. SPYG - Drawdown Comparison

The maximum BLGR drawdown since its inception was -14.08%, smaller than the maximum SPYG drawdown of -67.63%. Use the drawdown chart below to compare losses from any high point for BLGR and SPYG.

Drawdown Indicators

	BLGR	SPYG	Difference
Max Drawdown Largest peak-to-trough decline	-14.08%	-67.63%	+53.55%
Max Drawdown (1Y) Largest decline over 1 year	—	-13.76%	—
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	-1.23%	-1.13%	-0.10%
Average Drawdown Average peak-to-trough decline	-2.43%	-24.33%	+21.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.32%	—

Volatility

Volatility by Period

	BLGR	SPYG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.35%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.46%	—
Volatility (1Y) Calculated over the trailing 1-year period	15.41%	16.06%	-0.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.41%	21.17%	-5.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.41%	20.64%	-5.23%

BLGR vs. SPYG - Expense Ratio Comparison

BLGR has a 0.24% expense ratio, which is higher than SPYG's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

BLGR vs. SPYG - Dividend Comparison

BLGR's dividend yield for the trailing twelve months is around 0.23%, less than SPYG's 0.47% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BLGR Bluemonte Large Cap Growth ETF	0.23%	0.17%	0.00%	0.00%	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 BLGR and SPYG in my portfolio?

With a correlation of 0.99, BLGR and SPYG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, BLGR or SPYG?

On fees, SPYG is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BLGR or SPYG?

SPYG is cheaper with a 0.04% expense ratio, compared with 0.24% for BLGR.

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

SPYG has the higher dividend yield at 0.47%, compared with 0.23% for BLGR.

What is the main difference between BLGR and SPYG?

BLGR is categorized as Large Cap Growth Equities, while SPYG is S&P 500. They also come from different issuers: Bluemonte and State Street. Their fees differ too: 0.24% for BLGR and 0.04% for SPYG.