LODI vs SPY
LODI vs SPY
AAM SLC Low Duration Income 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 | LODI | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.09% | |
| AUM | $96M | $789.1B | |
| Dividend Yield | 4.99% | 1.01% | |
| Holdings | 148 | 505 | |
| YTD Return | +2.32% | +9.93% | |
| 1Y Return | +4.99% | +19.50% | |
| 3Y Return (annualized) | - | +19.33% | |
| 5Y Return (annualized) | - | +12.82% | |
| Volatility (annualized) | 1.3% | 15.3% | |
| Max Drawdown | -1.0% | -56.5% | |
| Fund Family | Advisors Asset Management, Inc. | State Street Investment Management | |
| Category | Fixed Income | Equity | |
| Inception | Dec 3, 2024 | Jan 22, 1993 |
LODI vs SPY Performance
AAM SLC Low Duration Income ETF (LODI) is a ETF from Advisors Asset Management, Inc. and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year LODI returned +4.99% while SPY returned +19.50%. Year to date, LODI is up 2.32% versus a gain of 9.93% for SPY.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 1.3% for LODI. 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 -1.0% for LODI 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 0.45. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
LODI charges 0.15% per year while SPY charges 0.09%. On a $10,000 position that is $15 vs $9 annually, a gap of $6 per year that compounds over a long holding period. On income, LODI currently yields 4.99% against 1.01% for SPY.
Holdings Overlap
LODI and SPY share 0 holdings out of 556 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, LODI or SPY?
LODI has an expense ratio of 0.15% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $6 per year of difference.
Which performed better, LODI or SPY?
Over the past year LODI returned +4.99% vs +19.50% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), LODI annualized +5.22% vs +8.74% for SPY. Past performance does not guarantee future results.
Which is riskier, LODI or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 1.3% for LODI. Worst drawdown: LODI -1.0% vs SPY -56.5%.
Should I hold both LODI and SPY?
LODI and SPY have a monthly-return correlation of 0.45, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between LODI and SPY?
LODI and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 556 unique securities.
Which pays a higher dividend, LODI or SPY?
LODI yields 4.99% while SPY yields 1.01%, so LODI currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.