SPLG vs. SPY are two large Exchange-Traded Funds (ETFs) created by the SPDR State Street Global Advisors. This firm is the fourth largest asset manager globally, with about $4 trillion worth of assets under its management.
SPLG or SPDR Portfolio S&P 500 ETF is an ETF created by SPDR State Street Global Advisors in November 2005. This fund seeks to track the performance in the S&P 500 Index.
SPLG top 10 holdings represent 29.93% of total assets:
Asset / PercentageApple Inc. 6.76%Microsoft Corp. 6.33%Amazon.com Inc. 3.86%Alphabet Inc. Class A 2.23%Tesla Inc. 2.14%Alphabet Inc. Class C 2.10%NVIDIA Corp. 2.03%Meta Platforms Inc. Class A1.93%
SPY or SPDR S&P 500 ETF Trust is another SPDR asset by State Street Global Advisors. This asset is an ETF that contains securities of some of the leading companies that make up the Fortune 500 S&P Index.
SPLG top 10 holdings represent 29.93% of total assets:
Asset / PercentageApple Inc. 6.76%Microsoft Corp. 6.33%Amazon.com Inc. 3.86%Alphabet Inc. Class A 2.23%Tesla Inc. 2.14%Alphabet Inc. Class C 2.10%NVIDIA Corp. 2.03%Meta Platforms Inc. Class A 1.93%Berkshire Hathaway Inc. Class B 1.33%JPMorgan Chase & Co. 1.22%
SPLG and SPY both track the S&P 500. But this is where both assets part ways.SPY has been around for a more extended period and had assets worth $374.03 billion under its management, while SPLG has assets worth $10.72 billion.
The fees charged for both differ, and SPLG has a lower expense ratio of 0.03%, while SPY has an expense ratio of 0.09%. If costs matter a great deal to you, as they should, then SPLG is your best bet.