RJVI vs SPY
RJVI vs SPY
RJ Eagle Vertical Income ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | RJVI | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.51% | 0.09% | |
| AUM | $15M | $789.1B | |
| Dividend Yield | 3.01% | 1.01% | |
| Holdings | 79 | 505 | |
| YTD Return | +2.30% | +13.28% | |
| 1Y Return | - | +23.94% | |
| 3Y Return (annualized) | - | +21.07% | |
| 5Y Return (annualized) | - | +13.27% | |
| Volatility (annualized) | - | 15.3% | |
| Max Drawdown | -3.1% | -56.5% | |
| Fund Family | Raymond James Financial, Inc. | State Street Investment Management | |
| Category | Allocation/Balanced | Equity | |
| Inception | Oct 2, 2025 | Jan 22, 1993 |
RJVI vs SPY Performance
RJ Eagle Vertical Income ETF (RJVI) is a ETF from Raymond James Financial, Inc. and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, RJVI is up 2.30% versus a gain of 13.28% for SPY.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -3.1% for RJVI 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
RJVI charges 0.51% per year while SPY charges 0.09%. On a $10,000 position that is $51 vs $9 annually, a gap of $42 per year that compounds over a long holding period. On income, RJVI currently yields 3.01% against 1.01% for SPY.
Holdings Overlap
RJVI and SPY share 19 holdings out of 558 unique holdings combined, representing a 5.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in RJVI | Weight in SPY | Difference |
|---|---|---|---|
| CSCO | 1.66% | 0.69% | 0.97% |
| KO | 1.22% | 0.50% | 0.72% |
| PM | 1.23% | 0.44% | 0.79% |
| ABBV | Pro | Pro | Pro |
| AON | Pro | Pro | Pro |
| WMB | Pro | Pro | Pro |
| CME | Pro | Pro | Pro |
| NEE | Pro | Pro | Pro |
| EVRG | Pro | Pro | Pro |
| T | Pro | Pro | Pro |
See all 10 holdings RJVI shares with SPY Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, RJVI or SPY?
RJVI has an expense ratio of 0.51% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $42 per year of difference.
What is the holdings overlap between RJVI and SPY?
RJVI and SPY share 19 common holdings with a 5.2% weight overlap. Combined, they hold 558 unique securities.
Which pays a higher dividend, RJVI or SPY?
RJVI yields 3.01% while SPY yields 1.01%, so RJVI currently pays the higher dividend yield.
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