FFOX vs SPY
FFOX vs SPY
FundX Future Fund Opportunities ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | FFOX | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 1.02% | 0.09% | |
| AUM | $233M | $789.1B | |
| Dividend Yield | 1.63% | 1.01% | |
| Holdings | 76 | 505 | |
| YTD Return | +9.60% | +13.28% | |
| 1Y Return | +18.54% | +23.94% | |
| 3Y Return (annualized) | - | +21.07% | |
| 5Y Return (annualized) | - | +13.27% | |
| Volatility (annualized) | 15.5% | 15.3% | |
| Max Drawdown | -12.4% | -56.5% | |
| Fund Family | FundX Funds | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Jun 9, 2025 | Jan 22, 1993 |
FFOX vs SPY Performance
FundX Future Fund Opportunities ETF (FFOX) is a ETF from FundX Funds and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year FFOX returned +18.54% while SPY returned +23.94%. Year to date, FFOX is up 9.60% versus a gain of 13.28% for SPY.
Risk: Volatility and Drawdowns
FFOX has been the more volatile fund, with annualized monthly volatility of 15.5% 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 -12.4% for FFOX 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 0.57. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FFOX charges 1.02% per year while SPY charges 0.09%. On a $10,000 position that is $102 vs $9 annually, a gap of $93 per year that compounds over a long holding period. On income, FFOX currently yields 1.63% against 1.01% for SPY.
Holdings Overlap
FFOX and SPY share 4 holdings out of 572 unique holdings combined, representing a 0.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in FFOX | Weight in SPY | Difference |
|---|---|---|---|
| CIEN | 1.47% | 0.09% | 1.38% |
| WYNN | 1.32% | 0.01% | 1.31% |
| NCLH | 1.31% | 0.01% | 1.30% |
| AXON | Pro | Pro | Pro |
See all 4 holdings FFOX 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, FFOX or SPY?
FFOX has an expense ratio of 1.02% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $93 per year of difference.
Which performed better, FFOX or SPY?
Over the past year FFOX returned +18.54% vs +23.94% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), FFOX annualized +19.01% vs +8.84% for SPY. Past performance does not guarantee future results.
Which is riskier, FFOX or SPY?
FFOX has been the more volatile fund at 15.5% annualized versus 15.3% for SPY. Worst drawdown: FFOX -12.4% vs SPY -56.5%.
Should I hold both FFOX and SPY?
FFOX and SPY have a monthly-return correlation of 0.57, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FFOX and SPY?
FFOX and SPY share 4 common holdings with a 0.2% weight overlap. Combined, they hold 572 unique securities.
Which pays a higher dividend, FFOX or SPY?
FFOX yields 1.63% while SPY yields 1.01%, so FFOX currently pays the higher dividend yield.
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