EGLE vs SPYM

EGLECGlobal X S&P 500 U.S. Revenue Leaders ETF

SPYMAState Street SPDR Portfolio S&P 500 ETF

In short

EGLE The S&P 500, minus the multinationals. EGLE keeps only index members earning at least half their revenue inside the United States, roughly 400 names instead of 500.

SPYM State Street's budget-priced S&P 500 tracker: the same 500 large caps as its famous sibling, for 0.02% a year, the lowest fee in its S&P 500 peer group. Running since 2005 and now one of the category's giants.

Stated mandate

EGLE The fund seeks more targeted U.S. equity exposure by tracking S&P 500 companies with at least half of their revenue generated in the United States.

SPYM The fund seeks to track the total return of the S&P 500 Index before fees and expenses, providing broad exposure to U.S. large-cap equities.

Why people hold it

• EGLE One rule does the work: an S&P 500 company stays in only if at least half its revenue is generated in the US. No manager discretion, no stock picking.
• Still a wide net. About 400 of the 500 clear the screen, so you keep large-cap breadth while trimming the index's most globally dependent revenue.
• It follows a published S&P index rather than a house-built benchmark, so the rulebook and the resulting holdings are out in the open.

• SPYM 0.02% a year, the cheapest fee in its S&P 500 cohort, against a 0.15% median for the group. Two dollars a year per $10,000 invested.
• Same S&P 500 index as State Street's flagship SPY (0.09%), for a fraction of the fee, and a basis point under VOO and IVV.
• Tracks the index tightly: gaps between fund and benchmark are among the smallest in its peer group, which is the whole job of an index wrapper.
• Live since 2005, now one of the largest and most heavily traded funds in the category. Distributions land quarterly.

Worth knowing

• EGLE The screen costs 0.19% a year, against 0.03% at VOO and IVV and 0.02% at SPYM. That gap is what you pay for the domestic filter.
• A 2025 launch that is still small and thinly traded, so spreads can run wider than at the giant S&P 500 funds it sits beside.
• Filtering out global revenue cuts both ways: when overseas sales are what move the parent index, this version sits that part out.

• SPYM The S&P 500 is cap-weighted, so the biggest US companies drive most of the move. Equal-weight takes on the same index (RSP) spread that bet differently.
• About 500 US large caps and nothing else: no mid caps, no small caps, no international.
• The fee edge over VOO and IVV is one basis point. Same index, so trading costs and platform access matter as much as the sticker fee.

Full EGLE profile⁠

Full SPYM profile⁠