SPY vs. FIGB: SPDR S&P 500 ETF Provides Equity-Based Growth, While Fidelity Bond ETF Offers a Higher Yield

This article compares two ETFs: the State Street SPDR S&P 500 ETF Trust (SPY), an equity-based fund focused on growth, and the Fidelity Investment Grade Bond ETF (FIGB), a fixed-income alternative prioritizing income and stability. While SPY offers higher total returns over the long term with lower expense ratios, FIGB provides a significantly higher dividend yield and lower volatility, making it suitable for income-oriented investors. The choice between them depends on an investor’s preference for capital appreciation versus steady income.