EDGF vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: SPYMore Diversified: SPY

Side-by-Side Comparison

MetricEDGFSPYWinner
Expense Ratio0.79%0.09%
AUM$495M$789.1B
Dividend Yield3.22%1.01%
Holdings11505
YTD Return+1.00%+13.79%
1Y Return+2.27%+23.66%
3Y Return (annualized)-+21.40%
5Y Return (annualized)-+13.37%
Volatility (annualized)1.6%15.3%
Max Drawdown-1.6%-56.5%
Fund Family3 EDGE Asset ManagementState Street Investment Management
CategoryFixed IncomeEquity
InceptionOct 3, 2024Jan 22, 1993

EDGF vs SPY Performance

3EDGE Dynamic Fixed Income ETF (EDGF) is a ETF from 3 EDGE Asset Management and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year EDGF returned +2.27% while SPY returned +23.66%. Year to date, EDGF is up 1.00% 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 1.6% for EDGF. 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 -1.6% for EDGF 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 0.11. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

EDGF charges 0.79% per year while SPY charges 0.09%. On a $10,000 position that is $79 vs $9 annually, a gap of $70 per year that compounds over a long holding period. On income, EDGF currently yields 3.22% against 1.01% for SPY.

Holdings Overlap

0.0%overlap

EDGF and SPY share 0 holdings out of 513 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, EDGF or SPY?

EDGF has an expense ratio of 0.79% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $70 per year of difference.

Which performed better, EDGF or SPY?

Over the past year EDGF returned +2.27% vs +23.66% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), EDGF annualized +2.06% vs +8.85% for SPY. Past performance does not guarantee future results.

Which is riskier, EDGF or SPY?

SPY has been the more volatile fund at 15.3% annualized versus 1.6% for EDGF. Worst drawdown: EDGF -1.6% vs SPY -56.5%.

Should I hold both EDGF and SPY?

EDGF and SPY have a monthly-return correlation of 0.11, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between EDGF and SPY?

EDGF and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 513 unique securities.

Which pays a higher dividend, EDGF or SPY?

EDGF yields 3.22% while SPY yields 1.01%, so EDGF currently pays the higher dividend yield.

Get Full ETF Analytics

Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.

See inside every ETF you own
$29/moCancel anytime.
Try FundXLS →