ETF comparison
CALF vs SPY
US Small Cap vs US Large Cap.
Pacer US Small Cap Cash Cows 100 ETF · State Street SPDR S&P 500 ETF Trust
Holdings overlap
14 positions appear in both funds. Buying equal dollars of CALF and SPY would leave roughly 0.4% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
SPY is 50 bps cheaper than CALF. On a $100,000 position that's about $496/yr more in fees for CALF.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with CALF vs SPY.
Top shared holdings
14 shared in total| # | Holding | In CALF | In SPY | Overlap |
|---|---|---|---|---|
| 1 | Biogen Inc | 1.91% | 0.06% | 0.06% |
| 2 | Expedia Group Inc | 2.47% | 0.05% | 0.05% |
| 3 | EQT Corp | 1.93% | 0.05% | 0.05% |
| 4 | Omnicom Group Inc | 1.94% | 0.04% | 0.04% |
| 5 | Incyte Corp | 1.52% | 0.03% | 0.03% |
| 6 | Expand Energy Corp | 2.00% | 0.03% | 0.03% |
| 7 | Best Buy Co Inc | 1.71% | 0.03% | 0.03% |
| 8 | Leidos Holdings Inc | 1.70% | 0.03% | 0.03% |
| 9 | CF Industries Holdings Inc | 1.79% | 0.03% | 0.03% |
| 10 | APA Corp | 1.45% | 0.02% | 0.02% |
| 11 | GoDaddy Inc | 1.73% | 0.02% | 0.02% |
| 12 | Gartner Inc | 1.24% | 0.02% | 0.02% |
Only in CALF
184 total- Tenet Healthcare Corp 2.75%
- Zoom Communications Inc 1.93%
- Ovintiv Inc 1.79%
- HF Sinclair Corp 1.73%
- Anglogold Ashanti Plc 1.73%
- Docusign Inc 1.32%
- Sirius XM Holdings Inc 1.31%
- Lyft Inc 1.27%
- Versant Media Group Inc 1.23%
- Toll Brothers Inc 1.17%
Only in SPY
490 total- APPLE INC 7.69%
- NVIDIA CORP 7.30%
- MICROSOFT CORP 6.22%
- AMAZON.COM INC 3.94%
- ALPHABET INC CL A 2.56%
- BROADCOM INC 2.33%
- META PLATFORMS INC CLASS A 2.09%
- ALPHABET INC CL C 2.06%
- ELI LILLY + CO 1.71%
- TESLA INC 1.64%
Related comparisons
More comparisons with CALF
More comparisons with SPY
- SPY vs DFSV · DFA U.S. Small Cap Value Portfolio – ETF Class Shares 0.4%
- SPY vs SCHA · Schwab U.S. Small-Cap ETF 0.3%
- SPY vs IJH · iShares Core S&P Mid-Cap ETF 0.2%
- SPY vs IJK · iShares S&P Mid-Cap 400 Growth ETF 0.2%
- SPY vs IVOO · Vanguard S&P Mid-Cap 400 Index Fund ETF Shares 0.2%
- SPY vs SPMD · State Street SPDR Portfolio S&P 400 Mid Cap ETF 0.2%
Percentages are holdings overlap with the named fund.
Open CALF or SPY at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.