PRSD 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

MetricPRSDSPYWinner
Expense Ratio0.45%0.09%
AUM$64M$789.1B
Dividend Yield2.96%1.01%
Holdings251505
YTD Return+1.43%+9.93%
1Y Return+2.80%+19.50%
3Y Return (annualized)-+19.33%
5Y Return (annualized)-+12.82%
Volatility (annualized)-15.3%
Max Drawdown-0.7%-56.5%
Fund FamilyState Street Investment ManagementState Street Investment Management
CategoryFixed IncomeEquity
InceptionSep 10, 2025Jan 22, 1993

PRSD vs SPY Performance

State Street Short Duration IG Public & Private Credit ETF (PRSD) is a ETF from State Street Investment Management and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year PRSD returned +2.80% while SPY returned +19.50%. Year to date, PRSD is up 1.43% versus a gain of 9.93% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -0.7% for PRSD and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

PRSD charges 0.45% per year while SPY charges 0.09%. On a $10,000 position that is $45 vs $9 annually, a gap of $36 per year that compounds over a long holding period. On income, PRSD currently yields 2.96% against 1.01% for SPY.

Holdings Overlap

0.0%overlap

PRSD and SPY share 0 holdings out of 587 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, PRSD or SPY?

PRSD has an expense ratio of 0.45% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $36 per year of difference.

Which performed better, PRSD or SPY?

Over the past year PRSD returned +2.80% vs +19.50% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results.

What is the holdings overlap between PRSD and SPY?

PRSD and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 587 unique securities.

Which pays a higher dividend, PRSD or SPY?

PRSD yields 2.96% while SPY yields 1.01%, so PRSD currently pays the higher dividend yield.

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