SPYG vs. XLG
Compare and contrast key facts about SPDR Portfolio S&P 500 Growth ETF (SPYG) and Invesco S&P 500® Top 50 ETF (XLG).
SPYG and XLG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000. XLG is a passively managed fund by Invesco that tracks the performance of the Russell Top 50 Index. It was launched on May 10, 2005. Both SPYG and XLG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPYG or XLG.
Performance
SPYG vs. XLG - Performance Comparison
Returns By Period
In the year-to-date period, SPYG achieves a 33.26% return, which is significantly higher than XLG's 31.07% return. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: SPYG at 14.92% and XLG at 14.92%.
SPYG
33.26%
1.72%
15.23%
37.95%
17.62%
14.92%
XLG
31.07%
1.26%
13.90%
35.47%
18.40%
14.92%
Key characteristics
| SPYG | XLG | |
|---|---|---|
| Sharpe Ratio | 2.25 | 2.38 |
| Sortino Ratio | 2.93 | 3.13 |
| Omega Ratio | 1.41 | 1.44 |
| Calmar Ratio | 2.88 | 3.10 |
| Martin Ratio | 11.92 | 12.85 |
| Ulcer Index | 3.21% | 2.73% |
| Daily Std Dev | 17.04% | 14.75% |
| Max Drawdown | -67.79% | -52.39% |
| Current Drawdown | -1.47% | -1.36% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SPYG vs. XLG - Expense Ratio Comparison
SPYG has a 0.04% expense ratio, which is lower than XLG's 0.20% 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%.
Correlation
The correlation between SPYG and XLG is 0.94, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
SPYG vs. XLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Portfolio S&P 500 Growth ETF (SPYG) and Invesco S&P 500® Top 50 ETF (XLG). 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.
Dividends
SPYG vs. XLG - Dividend Comparison
SPYG's dividend yield for the trailing twelve months is around 0.65%, less than XLG's 0.73% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.65% | 1.15% | 1.03% | 0.62% | 0.90% | 1.36% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% | 1.42% |
XLG Invesco S&P 500® Top 50 ETF | 0.73% | 0.97% | 1.34% | 0.94% | 1.25% | 1.58% | 2.00% | 1.85% | 2.00% | 2.09% | 1.97% | 1.97% |
Drawdowns
SPYG vs. XLG - Drawdown Comparison
The maximum SPYG drawdown since its inception was -67.79%, which is greater than XLG's maximum drawdown of -52.39%. Use the drawdown chart below to compare losses from any high point for SPYG and XLG. For additional features, visit the drawdowns tool.
Volatility
SPYG vs. XLG - Volatility Comparison
SPDR Portfolio S&P 500 Growth ETF (SPYG) has a higher volatility of 5.32% compared to Invesco S&P 500® Top 50 ETF (XLG) at 4.76%. This indicates that SPYG's price experiences larger fluctuations and is considered to be riskier than XLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.