Kate Hudson just announced her engagement to rocker Matt Bellamy this morning on the Today Show.

Read Would You Wear A Copy Of Kate’s Engagement Ring?

The ring is massive and gorgeous! Her square diamond ring has two tapered baguettes on either side of the massive stone. The price on her ring is astronomical, but you can get a similiar one for less.

The Tapered baguette engagement ring ($5528, icedorchid.com) has just the sparkle, gleam and star power as Kate's. However, it's a fraction of the cost.

PJ Gach is Senior Editor: Style + Beauty at BettyConfidential.