KDRN 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

MetricKDRNSPYWinner
Expense Ratio0.57%0.09%
AUM$1M$789.1B
Dividend Yield3.33%1.01%
Holdings6505
YTD Return+1.07%+13.10%
1Y Return+2.42%+22.80%
3Y Return (annualized)+3.28%+20.98%
5Y Return (annualized)-+13.20%
Volatility (annualized)7.0%15.3%
Max Drawdown-15.3%-56.5%
Fund FamilyKingsbarn Capital ManagementState Street Investment Management
CategoryFixed IncomeEquity
InceptionDec 19, 2021Jan 22, 1993

KDRN vs SPY Performance

Kingsbarn Tactical Bond ETF (KDRN) is a ETF from Kingsbarn Capital Management and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year KDRN returned +2.42% while SPY returned +22.80%. Year to date, KDRN is up 1.07% versus a gain of 13.10% for SPY.

Over three years, KDRN compounded at +3.28% per year against +20.98% for SPY. Across the full 5-year window we track, SPY has the edge at +8.83% annualized vs +0.79%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 7.0% for KDRN. 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 -15.3% for KDRN 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 0.61. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

KDRN charges 0.57% per year while SPY charges 0.09%. On a $10,000 position that is $57 vs $9 annually, a gap of $48 per year that compounds over a long holding period. On income, KDRN currently yields 3.33% against 1.01% for SPY.

Holdings Overlap

0.0%overlap

KDRN and SPY share 0 holdings out of 508 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, KDRN or SPY?

KDRN has an expense ratio of 0.57% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $48 per year of difference.

Which performed better, KDRN or SPY?

Over the past year KDRN returned +2.42% vs +22.80% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (5 years), KDRN annualized +0.79% vs +8.83% for SPY. Past performance does not guarantee future results.

Which is riskier, KDRN or SPY?

SPY has been the more volatile fund at 15.3% annualized versus 7.0% for KDRN. Worst drawdown: KDRN -15.3% vs SPY -56.5%.

Should I hold both KDRN and SPY?

KDRN and SPY have a monthly-return correlation of 0.61, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between KDRN and SPY?

KDRN and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 508 unique securities.

Which pays a higher dividend, KDRN or SPY?

KDRN yields 3.33% while SPY yields 1.01%, so KDRN currently pays the higher dividend yield.

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