SPTM vs. SPYG

Last updated Jun 24, 2026

SPTM (SPDR Portfolio S&P 1500 Composite Stock Market ETF) and SPYG (State Street SPDR Portfolio S&P 500 Growth ETF) are both exchange-traded funds - SPTM is a Large Cap Blend Equities fund tracking the S&P Composite 1500 Index, while SPYG is a S&P 500 fund tracking the S&P 500 Growth Index. Both are passively managed. Over the past 10 years, SPTM returned 15.36%/yr vs 18.05%/yr for SPYG. Their correlation of 0.87 suggests significant overlap in exposure. SPTM charges 0.03%/yr vs 0.04%/yr for SPYG.

Performance

SPTM vs. SPYG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) 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

The year-to-date returns for both stocks are quite close, with SPTM having a 8.72% return and SPYG slightly lower at 8.70%. Over the past 10 years, SPTM has underperformed SPYG with an annualized return of 15.36%, while SPYG has yielded a comparatively higher 18.05% annualized return.

SPTM

• 1D: -1.32%
• 1M: -1.02%
• YTD: 8.72%
• 6M: 7.68%
• 1Y: 23.97%
• 3Y*: 20.38%
• 5Y*: 12.72%
• 10Y*: 15.36%

SPYG

• 1D: -2.40%
• 1M: -2.07%
• YTD: 8.70%
• 6M: 7.46%
• 1Y: 26.87%
• 3Y*: 25.48%
• 5Y*: 14.11%
• 10Y*: 18.05%

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

SPTM vs. SPYG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF	8.72%	16.93%	23.87%	25.55%	-17.75%	28.58%	17.94%	31.34%	-5.30%	21.18%
SPYG State Street SPDR Portfolio S&P 500 Growth ETF	8.70%	22.09%	35.99%	30.02%	-29.41%	32.01%	33.46%	30.84%	-0.12%	27.24%

Correlation

The correlation between SPTM and SPYG is 0.92, 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	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Oct 10, 2000	0.87

The correlation between SPTM and SPYG has been stable across timeframes, ranging from 0.87 to 0.94 - a consistent structural relationship.

SPTM vs. SPYG - Sectors Allocation Comparison

Sectors	SPTM	SPYG
Technology	37.4%	52.1%
Financial Services	11.4%	9.0%
Consumer Cyclical	10.1%	8.5%
Communication Services	10.0%	15.9%
Industrials	8.9%	5.4%
Healthcare	8.4%	5.9%
Consumer Defensive	4.4%	1.0%
Energy	3.3%	0.1%
Real Estate	2.2%	0.6%
Utilities	2.1%	1.2%
Basic Materials	1.9%	0.3%

Return for Risk

SPTM vs. SPYG — Risk / Return Rank

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

SPTM

SPTM Risk / Return Rank: 61
SPTM Sharpe Ratio Rank: 60
SPTM Sortino Ratio Rank: 58
SPTM Omega Ratio Rank: 59
SPTM Calmar Ratio Rank: 58
SPTM Martin Ratio Rank: 70

SPYG

SPYG Risk / Return Rank: 45
SPYG Sharpe Ratio Rank: 47
SPYG Sortino Ratio Rank: 44
SPYG Omega Ratio Rank: 44
SPYG Calmar Ratio Rank: 41
SPYG Martin Ratio Rank: 48

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.

SPTM vs. SPYG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SPTM	SPYG	Difference
Sharpe ratio: Return per unit of total volatility	1.93	1.57	+0.36
Sortino ratio: Return per unit of downside risk	2.63	2.17	+0.47
Omega ratio: Gain probability vs. loss probability	1.35	1.28	+0.07
Calmar ratio: Return relative to maximum drawdown	2.77	1.96	+0.81
Martin ratio: Return relative to average drawdown	12.49	7.79	+4.70

SPTM vs. SPYG - Sharpe Ratio Comparison

The current SPTM Sharpe Ratio is 1.93, which is comparable to the SPYG Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of SPTM 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.

Drawdowns

SPTM vs. SPYG - Drawdown Comparison

The maximum SPTM drawdown since its inception was -54.80%, smaller than the maximum SPYG drawdown of -67.63%. Use the drawdown chart below to compare losses from any high point for SPTM and SPYG.

Drawdown Indicators

	SPTM	SPYG	Difference
Max Drawdown Largest peak-to-trough decline	-54.80%	-67.63%	+12.83%
Max Drawdown (1Y) Largest decline over 1 year	-8.68%	-13.76%	+5.08%
Max Drawdown (3Y) Largest decline over 3 years	-18.87%	-22.14%	+3.27%
Max Drawdown (5Y) Largest decline over 5 years	-24.14%	-32.67%	+8.53%
Max Drawdown (10Y) Largest decline over 10 years	-34.66%	-32.67%	-1.99%
Current Drawdown Current decline from peak	-2.80%	-5.52%	+2.72%
Average Drawdown Average peak-to-trough decline	-9.03%	-24.28%	+15.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.92%	3.46%	-1.54%

Volatility

SPTM vs. SPYG - Volatility Comparison

The current volatility for SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM) is 4.79%, while State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) has a volatility of 7.26%. This indicates that SPTM experiences smaller price fluctuations and is considered to be less risky than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPTM	SPYG	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.79%	7.26%	-2.47%
Volatility (6M) Calculated over the trailing 6-month period	9.82%	13.90%	-4.08%
Volatility (1Y) Calculated over the trailing 1-year period	12.51%	17.26%	-4.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.96%	21.36%	-4.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.04%	20.73%	-2.69%

SPTM vs. SPYG - Expense Ratio Comparison

SPTM has a 0.03% expense ratio, which is lower than SPYG's 0.04% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

SPTM vs. SPYG - Dividend Comparison

SPTM's dividend yield for the trailing twelve months is around 1.08%, more than SPYG's 0.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF	1.08%	1.13%	1.28%	1.44%	1.69%	1.25%	1.56%	1.72%	1.90%	1.66%	1.91%	1.92%
SPYG State Street SPDR Portfolio S&P 500 Growth ETF	0.50%	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 SPTM and SPYG in my portfolio?

With a correlation of 0.92, SPTM 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 is riskier, SPTM or SPYG?

SPYG has higher volatility (7.26%) compared to SPTM (4.79%). In terms of maximum drawdown, SPTM dropped -54.80% vs SPYG's -67.63%.

Which ETF is better, SPTM or SPYG?

On 10-year performance, SPYG leads with 18.05% vs 15.36% for SPTM. On fees, SPTM is cheaper at 0.03% per year. On volatility, SPTM has been the lower-risk option at 4.79%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SPTM or SPYG?

Over the 10-year period, SPYG has performed better with a 18.05% return vs 15.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SPTM or SPYG?

SPTM is cheaper with a 0.03% expense ratio, compared with 0.04% for SPYG.

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

SPTM has the higher dividend yield at 1.08%, compared with 0.50% for SPYG.

What is the main difference between SPTM and SPYG?

SPTM is categorized as Large Cap Blend Equities, while SPYG is S&P 500. SPTM tracks S&P Composite 1500 Index, while SPYG tracks S&P 500 Growth Index. Their fees differ too: 0.03% for SPTM and 0.04% for SPYG.

Which has better risk-adjusted returns?

SPTM currently has the higher Sharpe Ratio (1.93 vs 1.57), 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.