One Global ETF (FFND) is a ETF from The Future Fund and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year FFND returned +18.50% while SPY returned +22.80%. Year to date, FFND is up 10.07% versus a gain of 13.10% for SPY.

Over three years, FFND compounded at +20.52% per year against +20.98% for SPY; over five years the annualized figures are +5.76% and +13.20% respectively. Across the full 5-year window we track, SPY has the edge at +8.83% annualized vs +5.76%. Past performance does not guarantee future results.

FFND has been the more volatile fund, with annualized monthly volatility of 22.9% compared with 15.3% for SPY. 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 -47.8% for FFND 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 0.86. They usually move together, but the gap leaves some room for diversification.

FFND charges 1.00% per year while SPY charges 0.09%. On a $10,000 position that is $100 vs $9 annually, a gap of $91 per year that compounds over a long holding period. On income, FFND currently yields 0.61% against 1.01% for SPY.