SPY vs STRV
SPY vs STRV
State Street SPDR S&P 500 ETF Trust vs Strive 500 ETF
Quick Verdict
STRV has a lower expense ratio. STRV delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | SPY | STRV | Winner |
|---|---|---|---|
| Expense Ratio | 0.09% | 0.05% | |
| AUM | $789.1B | $1.1B | |
| Dividend Yield | 1.01% | 1.05% | |
| Holdings | 505 | 507 | |
| YTD Return | +11.49% | +8.12% | |
| 1Y Return | +21.37% | +25.71% | |
| 3Y Return (annualized) | +20.76% | +21.65% | |
| 5Y Return (annualized) | +12.94% | - | |
| Volatility (annualized) | 15.3% | 13.8% | |
| Max Drawdown | -56.5% | -19.0% | |
| Fund Family | State Street Investment Management | Strive Asset Management | |
| Category | Equity | Equity | |
| Inception | Jan 22, 1993 | Sep 15, 2022 |
SPY vs STRV Performance
State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and Strive 500 ETF (STRV) is a ETF from Strive Asset Management. Over the past year SPY returned +21.37% while STRV returned +25.71%. Year to date, SPY is up 11.49% versus a gain of 8.12% for STRV.
Over three years, SPY compounded at +20.76% per year against +21.65% for STRV. Across the full 4-year window we track, STRV has the edge at +20.71% annualized vs +8.78%. 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 13.8% for STRV. 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 -56.5% for SPY and -19.0% for STRV. 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 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
SPY charges 0.09% per year while STRV charges 0.05%. On a $10,000 position that is $9 vs $5 annually, a gap of $4 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 1.05% for STRV.
Holdings Overlap
SPY and STRV share 418 holdings out of 581 unique holdings combined, representing a 88.3% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in SPY | Weight in STRV | Difference |
|---|---|---|---|
| NVDA | 7.31% | 7.33% | 0.02% |
| AAPL | 7.09% | 6.58% | 0.51% |
| MSFT | 4.43% | 4.88% | 0.45% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| LLY | Pro | Pro | Pro |
See all 10 holdings SPY shares with STRV 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, SPY or STRV?
SPY has an expense ratio of 0.09% while STRV charges 0.05%. STRV is the cheaper option. On a $10,000 investment, that is $4 per year of difference.
Which performed better, SPY or STRV?
Over the past year SPY returned +21.37% vs +25.71% for STRV, so STRV leads on 1-year performance. Over the longest common window we track (4 years), SPY annualized +8.78% vs +20.71% for STRV. Past performance does not guarantee future results.
Which is riskier, SPY or STRV?
SPY has been the more volatile fund at 15.3% annualized versus 13.8% for STRV. Worst drawdown: SPY -56.5% vs STRV -19.0%.
Should I hold both SPY and STRV?
SPY and STRV have a monthly-return correlation of 1.00, 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 SPY and STRV?
SPY and STRV share 418 common holdings with a 88.3% weight overlap. Combined, they hold 581 unique securities.
Which pays a higher dividend, SPY or STRV?
SPY yields 1.01% while STRV yields 1.05%, so STRV currently pays the higher dividend yield.
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