SPY vs SPYG

State Street SPDR S&P 500 ETF Trust compared with State Street SPDR Portfolio S&P 500 Growth ETF on yield, payout growth, payment schedule, cost and risk.

SPY

State Street SPDR S&P 500 ETF Trust

0.98%

TTM yield · Quarterly

VS

SPYG

State Street SPDR Portfolio S&P 500 Growth ETF

0.47%

TTM yield · Quarterly

Quick take

Generated from the latest data on both pages. Not a recommendation.

Side by side

MetricSPYSPYG
Share price$765.96$121.70
TTM yield0.98%0.47%
Forward yield0.99%0.49%
Annual payout per share$7.616$0.592
Payment frequencyQuarterlyQuarterly
Next ex-dateSep 17, 2026 (est.)Sep 21, 2026 (est.)
Expense ratio0.09%
1-year payout growth+5.0%+4.3%
5-year payout CAGR+6.2%+4.8%
Consecutive years of increases12 years0 years
Payout consistency (last 12)93/10081/100
1-year total return+19.9%+22.9%
1-year price return+18.7%+22.3%
Size (market cap / AUM)811.9B
Years paying33.525.7
Sector / categoryLarge Blend

✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).

$10,000 invested today

SPYSPYG
Shares13.182.2
Income per year$99$49
Income per month (avg)$8$4

At forward yields, before taxes. Model SPY · Model SPYG

Next payments

Ex-datePay datePer shareStatus
SPY Sep 17, 2026Oct 1, 2026$1.904Est.
SPY Dec 17, 2026Dec 31, 2026$1.904Est.
SPY Mar 18, 2027Apr 1, 2027$1.904Est.
SPYG Sep 21, 2026Oct 5, 2026$0.148Est.
SPYG Dec 21, 2026Jan 4, 2027$0.148Est.
SPYG Mar 22, 2027Apr 5, 2027$0.148Est.

Annual payouts per share

SPYSPYG

Annual dividend per share, SPY vs SPYG, 2019 to 2026SPYGSPY$0.00$4.00$8.00SPY 2019: $5.619SPYG 2019: $0.5722019SPY 2020: $5.691SPYG 2020: $0.4962020SPY 2021: $5.715SPYG 2021: $0.4492021SPY 2022: $6.32SPYG 2022: $0.522022SPY 2023: $6.633SPYG 2023: $0.7492023SPY 2024: $7.066SPYG 2024: $0.5312024SPY 2025: $7.281SPYG 2025: $0.5522025SPY 2026 (YTD): $3.701SPYG 2026 (YTD): $0.2772026 YTD

Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.

FAQ

Which has the higher dividend yield, SPY or SPYG?

SPY currently has the higher trailing yield: SPY yields 0.98% and SPYG yields 0.47%. Yield changes daily with price, so check the live figures above.

How often do SPY and SPYG pay?

SPY pays every quarter and SPYG pays every quarter. SPY's next ex-date is Sep 17, 2026 and SPYG's is Sep 21, 2026.

Which has grown its dividend faster, SPY or SPYG?

SPY has grown its payout faster: 6.2%/yr vs 4.8%/yr over the last 5 years.

Is SPY or SPYG better for income?

It depends on what you are optimising for. SPY and SPYG differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.

Related comparisons

SPY dividend history →
SPYG dividend history →

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