ITDB vs SPY

Quick Verdict

ITDB has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.

Lower Fees: ITDBHigher Returns: SPYMore Diversified: SPY

Side-by-Side Comparison

MetricITDBSPYWinner
Expense Ratio0.09%0.09%
AUM$76M$789.1B
Dividend Yield1.93%1.01%
Holdings15505
YTD Return+5.99%+11.49%
1Y Return+12.60%+21.37%
3Y Return (annualized)-+20.76%
5Y Return (annualized)-+12.94%
Volatility (annualized)7.9%15.3%
Max Drawdown-8.4%-56.5%
Fund FamilyiShares by BlackRock (US)State Street Investment Management
CategoryAllocation/BalancedEquity
InceptionOct 17, 2023Jan 22, 1993

ITDB vs SPY Performance

iShares LifePath Target Date 2030 ETF (ITDB) is a ETF from iShares by BlackRock (US) and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year ITDB returned +12.60% while SPY returned +21.37%. Year to date, ITDB is up 5.99% versus a gain of 11.49% for SPY.

Risk: Volatility and Drawdowns

SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 7.9% for ITDB. 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 -8.4% for ITDB 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 0.88. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

ITDB charges 0.09% per year while SPY charges 0.09%. On a $10,000 position that is $9 vs $9 annually, a gap of $0 per year that compounds over a long holding period. On income, ITDB currently yields 1.93% against 1.01% for SPY.

Holdings Overlap

0.0%overlap

ITDB and SPY share 0 holdings out of 510 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, ITDB or SPY?

ITDB has an expense ratio of 0.09% while SPY charges 0.09%. ITDB is the cheaper option. On a $10,000 investment, that is $0 per year of difference.

Which performed better, ITDB or SPY?

Over the past year ITDB returned +12.60% vs +21.37% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (3 years), ITDB annualized +15.44% vs +8.78% for SPY. Past performance does not guarantee future results.

Which is riskier, ITDB or SPY?

SPY has been the more volatile fund at 15.3% annualized versus 7.9% for ITDB. Worst drawdown: ITDB -8.4% vs SPY -56.5%.

Should I hold both ITDB and SPY?

ITDB and SPY have a monthly-return correlation of 0.88, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between ITDB and SPY?

ITDB and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 510 unique securities.

Which pays a higher dividend, ITDB or SPY?

ITDB yields 1.93% while SPY yields 1.01%, so ITDB currently pays the higher dividend yield.

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