EDGI 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

MetricEDGISPYWinner
Expense Ratio0.97%0.09%
AUM$119M$789.1B
Dividend Yield1.38%1.01%
Holdings12505
YTD Return+10.07%+13.50%
1Y Return+23.06%+23.56%
3Y Return (annualized)-+21.17%
5Y Return (annualized)-+13.46%
Volatility (annualized)12.2%15.3%
Max Drawdown-15.0%-56.5%
Fund Family3 EDGE Asset ManagementState Street Investment Management
CategoryEquityEquity
InceptionOct 3, 2024Jan 22, 1993

EDGI vs SPY Performance

3EDGE Dynamic International Equity ETF (EDGI) 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 EDGI returned +23.06% while SPY returned +23.56%. Year to date, EDGI is up 10.07% versus a gain of 13.50% for SPY.

Risk: Volatility and Drawdowns

SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 12.2% for EDGI. 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 -15.0% for EDGI 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 0.55. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

EDGI charges 0.97% per year while SPY charges 0.09%. On a $10,000 position that is $97 vs $9 annually, a gap of $88 per year that compounds over a long holding period. On income, EDGI currently yields 1.38% against 1.01% for SPY.

Holdings Overlap

0.0%overlap

EDGI and SPY share 0 holdings out of 514 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, EDGI or SPY?

EDGI has an expense ratio of 0.97% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $88 per year of difference.

Which performed better, EDGI or SPY?

Over the past year EDGI returned +23.06% vs +23.56% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), EDGI annualized +15.48% vs +8.85% for SPY. Past performance does not guarantee future results.

Which is riskier, EDGI or SPY?

SPY has been the more volatile fund at 15.3% annualized versus 12.2% for EDGI. Worst drawdown: EDGI -15.0% vs SPY -56.5%.

Should I hold both EDGI and SPY?

EDGI and SPY have a monthly-return correlation of 0.55, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between EDGI and SPY?

EDGI and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 514 unique securities.

Which pays a higher dividend, EDGI or SPY?

EDGI yields 1.38% while SPY yields 1.01%, so EDGI currently pays the higher dividend yield.

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