ESLV 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

MetricESLVSPYWinner
Expense Ratio0.39%0.09%
AUM$14M$789.1B
Dividend Yield0.91%1.01%
Holdings125505
YTD Return+14.92%+13.50%
1Y Return-+23.56%
3Y Return (annualized)-+21.17%
5Y Return (annualized)-+13.46%
Volatility (annualized)-15.3%
Max Drawdown-5.7%-56.5%
Fund FamilyEventideState Street Investment Management
CategoryEquityEquity
InceptionSep 30, 2025Jan 22, 1993

ESLV vs SPY Performance

Eventide Large Cap Value ETF (ESLV) is a ETF from Eventide and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, ESLV is up 14.92% versus a gain of 13.50% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -5.7% for ESLV 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

ESLV charges 0.39% per year while SPY charges 0.09%. On a $10,000 position that is $39 vs $9 annually, a gap of $30 per year that compounds over a long holding period. On income, ESLV currently yields 0.91% against 1.01% for SPY.

Holdings Overlap

18.1%overlap

ESLV and SPY share 99 holdings out of 524 unique holdings combined, representing a 18.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in ESLVWeight in SPYDifference
NVDA0.70%7.31%6.61%
XOM5.15%0.87%4.28%
MU1.65%1.71%0.06%
HDProProPro
AVGOProProPro
UNPProProPro
AMGNProProPro
LLYProProPro
DUKProProPro
COPProProPro
See all 10 holdings ESLV 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, ESLV or SPY?

ESLV has an expense ratio of 0.39% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $30 per year of difference.

What is the holdings overlap between ESLV and SPY?

ESLV and SPY share 99 common holdings with a 18.1% weight overlap. Combined, they hold 524 unique securities.

Which pays a higher dividend, ESLV or SPY?

ESLV yields 0.91% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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