ETF Versus

SPSM vs SPYG

State Street SPDR Portfolio S&P 600 Small Cap ETF vs State Street SPDR Portfolio S&P 500 Growth ETF

Last updated: 2026-04-02

SPSM

State Street SPDR Portfolio S&P 600 Small Cap ETF (SPSM) is an exchange-traded fund that provides exposure to small-cap U.S. equities with higher growth potential and volatility. Launched in 2013, the fund has a 13-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 2013-07-09
SPYG

State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) is an exchange-traded fund that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. Launched in 2000, the fund has a 26-year track record.

AUM: N/A ER: N/A Yield: N/A Since: 2000-10-02

Quick Verdict

SPYG has edged ahead over the past year (21.5% vs 17.2%).

Key Metrics

Metric SPSM SPYG
Expense Ratio N/A N/A
Dividend Yield N/A N/A
Fund Family N/A N/A
Category US Small Cap US Large Cap Growth

Performance Chart

Indexed to 100 at start (5-year comparison)

80 102 124 146 168 190 2021-04 2022-06 2023-09 2024-12 2026-04
SPSM +13.0%
SPYG +69.9%

Performance Comparison

Period SPSM SPYG Difference
1 Month -3.42% -3.43% +0.01%
3 Months +2.83% -7.07% +9.90%
6 Months +4.15% -5.81% +9.96%
YTD +2.83% -7.07% +9.90%
1 Year +17.20% +21.54% -4.34%
3 Years +28.78% +78.00% -49.22%
5 Years +12.96% +69.92% -56.96%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period SPSM Fees SPYG Fees You Save
$10,000 10 years $0 $0 $0
$10,000 20 years $0 $0 $0
$10,000 30 years $0 $0 $0
$50,000 10 years $0 $0 $0
$50,000 30 years $0 $0 $0
$100,000 30 years $0 $0 $0

Risk Metrics

Based on 5 years of daily returns

Metric SPSM SPYG
Annualized Volatility 21.5% 21.1%
Max Drawdown -28.7% -33.1%
Sharpe Ratio 0.01 0.40

Dividend Comparison

Metric SPSM SPYG
Annual Dividend (per share) $0.77 $0.56
Dividend Yield 1.58% 0.57%
Distribution Frequency Quarterly Quarterly

Which One Should You Choose?

Choose SPYG if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

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