SNPE vs SPY

Quick Verdict

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

Lower Fees: SPYHigher Returns: SNPEMore Diversified: SPY

Side-by-Side Comparison

MetricSNPESPYWinner
Expense Ratio0.10%0.09%
AUM$2.6B$789.1B
Dividend Yield0.96%1.01%
Holdings334505
YTD Return+13.74%+13.28%
1Y Return+26.86%+23.94%
3Y Return (annualized)+21.22%+21.07%
5Y Return (annualized)+14.16%+13.27%
Volatility (annualized)16.6%15.3%
Max Drawdown-33.8%-56.5%
Fund FamilyXtrackers ETFsState Street Investment Management
CategoryEquityEquity
InceptionJun 25, 2019Jan 22, 1993

SNPE vs SPY Performance

Xtrackers S&P 500 Scored & Screened ETF (SNPE) is a ETF from Xtrackers ETFs and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year SNPE returned +26.86% while SPY returned +23.94%. Year to date, SNPE is up 13.74% versus a gain of 13.28% for SPY.

Over three years, SNPE compounded at +21.22% per year against +21.07% for SPY; over five years the annualized figures are +14.16% and +13.27% respectively. Across the full 7-year window we track, SNPE has the edge at +16.94% annualized vs +8.84%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SNPE has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 15.3% for SPY. 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 -33.8% for SNPE 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 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

SNPE charges 0.10% per year while SPY charges 0.09%. On a $10,000 position that is $10 vs $9 annually, a gap of $1 per year that compounds over a long holding period. On income, SNPE currently yields 0.96% against 1.01% for SPY.

Holdings Overlap

60.5%overlap

SNPE and SPY share 321 holdings out of 513 unique holdings combined, representing a 60.5% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in SNPEWeight in SPYDifference
NVDA12.47%7.31%5.16%
MSFT7.98%4.43%3.55%
GOOGL5.90%3.32%2.58%
GOOGProProPro
MUProProPro
LLYProProPro
VProProPro
WMTProProPro
INTCProProPro
COSTProProPro
See all 10 holdings SNPE shares with SPY
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, SNPE or SPY?

SNPE has an expense ratio of 0.10% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $1 per year of difference.

Which performed better, SNPE or SPY?

Over the past year SNPE returned +26.86% vs +23.94% for SPY, so SNPE leads on 1-year performance. Over the longest common window we track (7 years), SNPE annualized +16.94% vs +8.84% for SPY. Past performance does not guarantee future results.

Which is riskier, SNPE or SPY?

SNPE has been the more volatile fund at 16.6% annualized versus 15.3% for SPY. Worst drawdown: SNPE -33.8% vs SPY -56.5%.

Should I hold both SNPE and SPY?

SNPE and SPY have a monthly-return correlation of 0.99, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between SNPE and SPY?

SNPE and SPY share 321 common holdings with a 60.5% weight overlap. Combined, they hold 513 unique securities.

Which pays a higher dividend, SNPE or SPY?

SNPE yields 0.96% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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