AIX vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricAIXSPYWinner
Expense Ratio0.65%0.09%
AUM$892,658.09$789.1B
Dividend Yield0.00%1.01%
Holdings32505
YTD Return-4.52%+13.28%
1Y Return-+23.94%
3Y Return (annualized)-+21.07%
5Y Return (annualized)-+13.27%
Volatility (annualized)-15.3%
Max Drawdown-16.4%-56.5%
Fund FamilyDefiance ETFs, LLCState Street Investment Management
CategoryEquityEquity
InceptionJun 24, 2026Jan 22, 1993

AIX vs SPY Performance

Defiance US 100 Tech AI Moat ETF (AIX) is a ETF from Defiance ETFs, LLC and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, AIX is down 4.52% versus a gain of 13.28% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -16.4% for AIX and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

AIX charges 0.65% per year while SPY charges 0.09%. On a $10,000 position that is $65 vs $9 annually, a gap of $56 per year that compounds over a long holding period. On income, AIX currently yields 0.00% against 1.01% for SPY.

Holdings Overlap

36.0%overlap

AIX and SPY share 27 holdings out of 508 unique holdings combined, representing a 36.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in AIXWeight in SPYDifference
AAPL5.70%7.09%1.39%
NVDA4.82%7.31%2.49%
MSFT4.79%4.43%0.36%
AMZNProProPro
GOOGLProProPro
AVGOProProPro
METAProProPro
AMDProProPro
MUProProPro
TSLAProProPro
See all 10 holdings AIX shares with SPY
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, AIX or SPY?

AIX has an expense ratio of 0.65% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $56 per year of difference.

What is the holdings overlap between AIX and SPY?

AIX and SPY share 27 common holdings with a 36.0% weight overlap. Combined, they hold 508 unique securities.

Which pays a higher dividend, AIX or SPY?

AIX yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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