SPYG vs. DRLL

Last updated Aug 4, 2026

SPYG (State Street SPDR Portfolio S&P 500 Growth ETF) and DRLL (Strive U.S. Energy ETF) are both exchange-traded funds - SPYG is a S&P 500 fund tracking the S&P 500 Growth Index, while DRLL is a Energy Equities fund tracking the Bloomberg US Energy Select Index. Both are passively managed. Over the past 3 years, SPYG returned 25.98%/yr vs 12.43%/yr for DRLL. Their 0.15 correlation means their historical movements had little consistent relationship. SPYG charges 0.04%/yr vs 0.41%/yr for DRLL.

Performance

SPYG vs. DRLL - Performance Comparison

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

Returns By Period

In the year-to-date period, SPYG achieves a 12.43% return, which is significantly lower than DRLL's 34.95% return.

SPYG

• 1D: 2.15%
• 1M: 2.10%
• 6M: 11.46%
• YTD: 12.43%
• 1Y: 24.33%
• 3Y*: 25.98%
• 5Y*: 13.61%
• 10Y*: 17.52%
• ALL TIME*: 7.54%

DRLL

• 1D: -1.27%
• 1M: 12.74%
• 6M: 22.18%
• YTD: 34.95%
• 1Y: 42.98%
• 3Y*: 12.43%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 13.38%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DRLL Strive U.S. Energy ETF	$486.14K	$506.54K	$559.53K
SPYG State Street SPDR Portfolio S&P 500 Growth ETF	$323.67M	$273.71M	$308.17M

SPYG vs. DRLL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SPYG State Street SPDR Portfolio S&P 500 Growth ETF	12.43%	22.09%	35.99%	30.02%	-14.32%
DRLL Strive U.S. Energy ETF	34.95%	7.74%	0.02%	-1.84%	15.52%

Correlation

The correlation between SPYG and DRLL is -0.24, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.24
Correlation (3Y) Balances recent behavior with more history.	0.02
Correlation (All Time) Calculated using the full available price history since Aug 9, 2022	0.15

The correlation between SPYG and DRLL shifts across timeframes, from -0.24 (1 year) to 0.15 (all time), reflecting how their relationship changes across market environments.

SPYG vs. DRLL - Sectors Allocation Comparison

Sectors	SPYG	DRLL
Technology	52.3%	-
Communication Services	15.6%	-
Financial Services	8.7%	-
Consumer Cyclical	8.6%	0.9%
Industrials	6.4%	-
Healthcare	6.2%	-
Consumer Defensive	1.0%	-
Real Estate	0.6%	-
Utilities	0.4%	-
Basic Materials	0.3%	-
Energy	0.1%	99.1%

Return for Risk

SPYG vs. DRLL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SPYG

SPYG Risk / Return Rank: 53
SPYG Sharpe Ratio Rank: 55
SPYG Sortino Ratio Rank: 54
SPYG Omega Ratio Rank: 52
SPYG Calmar Ratio Rank: 48
SPYG Martin Ratio Rank: 54

DRLL

DRLL Risk / Return Rank: 68
DRLL Sharpe Ratio Rank: 78
DRLL Sortino Ratio Rank: 71
DRLL Omega Ratio Rank: 70
DRLL Calmar Ratio Rank: 69
DRLL Martin Ratio Rank: 53

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SPYG vs. DRLL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) and Strive U.S. Energy ETF (DRLL). 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.

	SPYG	DRLL	Difference
Sharpe ratio: Return per unit of total volatility	1.34	1.88	-0.54
Sortino ratio: Return per unit of downside risk	1.93	2.42	-0.49
Omega ratio: Gain probability vs. loss probability	1.24	1.31	-0.07
Calmar ratio: Return relative to maximum drawdown	1.78	2.54	-0.77
Martin ratio: Return relative to average drawdown	6.45	6.46	-0.02

SPYG vs. DRLL - Sharpe Ratio Comparison

The current SPYG Sharpe Ratio is 1.34, which is comparable to the DRLL Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of SPYG and DRLL, 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

SPYG vs. DRLL - Drawdown Comparison

The maximum SPYG drawdown since its inception was -67.63%, which is greater than DRLL's maximum drawdown of -23.73%. Use the drawdown chart below to compare losses from any high point for SPYG and DRLL.

Drawdown Indicators

	SPYG	DRLL	Difference
Max Drawdown Largest peak-to-trough decline	-67.63%	-23.73%	-43.90%
Max Drawdown (1Y) Largest decline over 1 year	-13.76%	-16.99%	+3.23%
Max Drawdown (3Y) Largest decline over 3 years	-22.14%	-23.73%	+1.59%
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	-2.28%	-5.52%	+3.24%
Average Drawdown Average peak-to-trough decline	-24.20%	-8.14%	-16.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.78%	6.67%	-2.89%

Volatility

SPYG vs. DRLL - Volatility Comparison

The current volatility for State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) is 6.35%, while Strive U.S. Energy ETF (DRLL) has a volatility of 6.98%. This indicates that SPYG experiences smaller price fluctuations and is considered to be less risky than DRLL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPYG	DRLL	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.35%	6.98%	-0.63%
Volatility (6M) Calculated over the trailing 6-month period	14.96%	18.78%	-3.82%
Volatility (1Y) Calculated over the trailing 1-year period	18.23%	22.98%	-4.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.53%	23.79%	-2.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.81%	23.79%	-2.98%

SPYG vs. DRLL - Expense Ratio Comparison

SPYG has a 0.04% expense ratio, which is lower than DRLL's 0.41% expense ratio.

Dividends

SPYG vs. DRLL - Dividend Comparison

SPYG's dividend yield for the trailing twelve months is around 0.48%, less than DRLL's 2.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DRLL Strive U.S. Energy ETF	2.25%	2.99%	3.00%	3.01%	1.18%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPYG State Street SPDR Portfolio S&P 500 Growth ETF	0.48%	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 SPYG and DRLL in my portfolio?

SPYG and DRLL have a correlation of -0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SPYG or DRLL?

DRLL has higher volatility (6.98%) compared to SPYG (6.35%). In terms of maximum drawdown, SPYG dropped -67.63% vs DRLL's -23.73%.

Which ETF is better, SPYG or DRLL?

On 3-year performance, SPYG leads with 25.98% vs 12.43% for DRLL. On fees, SPYG is cheaper at 0.04% per year. On volatility, SPYG has been the lower-risk option at 6.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SPYG or DRLL?

Over the 3-year period, SPYG has performed better with a 25.98% return vs 12.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SPYG or DRLL?

SPYG is cheaper with a 0.04% expense ratio, compared with 0.41% for DRLL.

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

DRLL has the higher dividend yield at 2.25%, compared with 0.48% for SPYG.

What is the main difference between SPYG and DRLL?

SPYG is categorized as S&P 500, while DRLL is Energy Equities. SPYG tracks S&P 500 Growth Index, while DRLL tracks Bloomberg US Energy Select Index. They also come from different issuers: State Street and Strive. Their fees differ too: 0.04% for SPYG and 0.41% for DRLL.

Which has better risk-adjusted returns?

DRLL currently has the higher Sharpe Ratio (1.88 vs 1.34), 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.