ABCS vs SPY
ABCS vs SPY
Alpha Blue Capital US Small-Mid Cap Dynamic ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. ABCS delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | ABCS | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.42% | 0.09% | |
| AUM | $13M | $789.1B | |
| Dividend Yield | 1.18% | 1.01% | |
| Holdings | 106 | 505 | |
| YTD Return | +18.11% | +13.79% | |
| 1Y Return | +27.14% | +23.66% | |
| 3Y Return (annualized) | - | +21.40% | |
| 5Y Return (annualized) | - | +13.37% | |
| Volatility (annualized) | 13.8% | 15.3% | |
| Max Drawdown | -20.5% | -56.5% | |
| Fund Family | Alpha Blue Capital | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Dec 20, 2023 | Jan 22, 1993 |
ABCS vs SPY Performance
Alpha Blue Capital US Small-Mid Cap Dynamic ETF (ABCS) is a ETF from Alpha Blue Capital and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year ABCS returned +27.14% while SPY returned +23.66%. Year to date, ABCS is up 18.11% versus a gain of 13.79% for SPY.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 13.8% for ABCS. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -20.5% for ABCS and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.68. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ABCS charges 0.42% per year while SPY charges 0.09%. On a $10,000 position that is $42 vs $9 annually, a gap of $33 per year that compounds over a long holding period. On income, ABCS currently yields 1.18% against 1.01% for SPY.
Holdings Overlap
ABCS and SPY share 50 holdings out of 558 unique holdings combined, representing a 3.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in ABCS | Weight in SPY | Difference |
|---|---|---|---|
| ANTM | 2.18% | 0.14% | 2.04% |
| GPN | 1.74% | 0.03% | 1.71% |
| AMP | 1.56% | 0.07% | 1.49% |
| USB | Pro | Pro | Pro |
| HPE | Pro | Pro | Pro |
| GEHC | Pro | Pro | Pro |
| DAL | Pro | Pro | Pro |
| CVS | Pro | Pro | Pro |
| ACGL | Pro | Pro | Pro |
| CNC | Pro | Pro | Pro |
See all 10 holdings ABCS shares with SPY Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, ABCS or SPY?
ABCS has an expense ratio of 0.42% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $33 per year of difference.
Which performed better, ABCS or SPY?
Over the past year ABCS returned +27.14% vs +23.66% for SPY, so ABCS leads on 1-year performance. Over the longest common window we track (3 years), ABCS annualized +16.71% vs +8.85% for SPY. Past performance does not guarantee future results.
Which is riskier, ABCS or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 13.8% for ABCS. Worst drawdown: ABCS -20.5% vs SPY -56.5%.
Should I hold both ABCS and SPY?
ABCS and SPY have a monthly-return correlation of 0.68, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ABCS and SPY?
ABCS and SPY share 50 common holdings with a 3.4% weight overlap. Combined, they hold 558 unique securities.
Which pays a higher dividend, ABCS or SPY?
ABCS yields 1.18% while SPY yields 1.01%, so ABCS currently pays the higher dividend yield.
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