FDRS vs SPY
FDRS vs SPY
Founder-Led ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | FDRS | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.49% | 0.09% | |
| AUM | $86M | $789.1B | |
| Dividend Yield | 0.00% | 1.01% | |
| Holdings | 51 | 505 | |
| YTD Return | -0.29% | +13.50% | |
| 1Y Return | - | +23.56% | |
| 3Y Return (annualized) | - | +21.17% | |
| 5Y Return (annualized) | - | +13.46% | |
| Volatility (annualized) | - | 15.3% | |
| Max Drawdown | -21.6% | -56.5% | |
| Fund Family | Corgi Strategies, LLC | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Dec 29, 2025 | Jan 22, 1993 |
FDRS vs SPY Performance
Founder-Led ETF (FDRS) is a ETF from Corgi Strategies, LLC and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, FDRS is down 0.29% versus a gain of 13.50% for SPY.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -21.6% for FDRS 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
FDRS charges 0.49% per year while SPY charges 0.09%. On a $10,000 position that is $49 vs $9 annually, a gap of $40 per year that compounds over a long holding period. On income, FDRS currently yields 0.00% against 1.01% for SPY.
Holdings Overlap
FDRS and SPY share 30 holdings out of 524 unique holdings combined, representing a 15.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in FDRS | Weight in SPY | Difference |
|---|---|---|---|
| NVDA | 10.42% | 7.31% | 3.11% |
| META | 11.00% | 2.03% | 8.97% |
| TSLA | 8.29% | 1.82% | 6.47% |
| PLTR | Pro | Pro | Pro |
| ORCL | Pro | Pro | Pro |
| CRWD | Pro | Pro | Pro |
| ANET | Pro | Pro | Pro |
| BLK | Pro | Pro | Pro |
| DELL | Pro | Pro | Pro |
| CRM | Pro | Pro | Pro |
See all 10 holdings FDRS 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, FDRS or SPY?
FDRS has an expense ratio of 0.49% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $40 per year of difference.
What is the holdings overlap between FDRS and SPY?
FDRS and SPY share 30 common holdings with a 15.3% weight overlap. Combined, they hold 524 unique securities.
Which pays a higher dividend, FDRS or SPY?
FDRS yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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