FLDZ 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

MetricFLDZSPYWinner
Expense Ratio0.40%0.09%
AUM$4M$789.1B
Dividend Yield1.42%1.01%
Holdings317505
YTD Return+10.02%+13.28%
1Y Return+10.76%+23.94%
3Y Return (annualized)+12.01%+21.07%
5Y Return (annualized)-+13.27%
Volatility (annualized)16.4%15.3%
Max Drawdown-19.5%-56.5%
Fund FamilyTrueSharesState Street Investment Management
CategoryEquityEquity
InceptionDec 31, 2021Jan 22, 1993

FLDZ vs SPY Performance

TrueShares Patriot Defense ETF (FLDZ) is a ETF from TrueShares and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year FLDZ returned +10.76% while SPY returned +23.94%. Year to date, FLDZ is up 10.02% versus a gain of 13.28% for SPY.

Over three years, FLDZ compounded at +12.01% per year against +21.07% for SPY. Across the full 5-year window we track, SPY has the edge at +8.84% annualized vs +6.49%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

FLDZ has been the more volatile fund, with annualized monthly volatility of 16.4% 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 -19.5% for FLDZ 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 0.81. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

FLDZ charges 0.40% per year while SPY charges 0.09%. On a $10,000 position that is $40 vs $9 annually, a gap of $31 per year that compounds over a long holding period. On income, FLDZ currently yields 1.42% against 1.01% for SPY.

Holdings Overlap

2.4%overlap

FLDZ and SPY share 12 holdings out of 553 unique holdings combined, representing a 2.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in FLDZWeight in SPYDifference
GE1.65%0.61%1.04%
RTX1.82%0.42%1.40%
PLTR1.70%0.47%1.23%
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HIIProProPro
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Frequently Asked Questions

Which is cheaper, FLDZ or SPY?

FLDZ has an expense ratio of 0.40% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $31 per year of difference.

Which performed better, FLDZ or SPY?

Over the past year FLDZ returned +10.76% vs +23.94% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (5 years), FLDZ annualized +6.49% vs +8.84% for SPY. Past performance does not guarantee future results.

Which is riskier, FLDZ or SPY?

FLDZ has been the more volatile fund at 16.4% annualized versus 15.3% for SPY. Worst drawdown: FLDZ -19.5% vs SPY -56.5%.

Should I hold both FLDZ and SPY?

FLDZ and SPY have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between FLDZ and SPY?

FLDZ and SPY share 12 common holdings with a 2.4% weight overlap. Combined, they hold 553 unique securities.

Which pays a higher dividend, FLDZ or SPY?

FLDZ yields 1.42% while SPY yields 1.01%, so FLDZ currently pays the higher dividend yield.

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