SPY vs STXD

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

MetricSPYSTXDWinner
Expense Ratio0.09%0.35%
AUM$789.1B$64M
Dividend Yield1.01%1.21%
Holdings505181
YTD Return+13.79%+11.15%
1Y Return+23.66%+19.28%
3Y Return (annualized)+21.40%+15.86%
5Y Return (annualized)+13.37%-
Volatility (annualized)15.3%10.9%
Max Drawdown-56.5%-14.9%
Fund FamilyState Street Investment ManagementStrive Asset Management
CategoryEquityEquity
InceptionJan 22, 1993Nov 10, 2022

SPY vs STXD Performance

State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and Strive 1000 Dividend Growth ETF (STXD) is a ETF from Strive Asset Management. Over the past year SPY returned +23.66% while STXD returned +19.28%. Year to date, SPY is up 13.79% versus a gain of 11.15% for STXD.

Over three years, SPY compounded at +21.40% per year against +15.86% for STXD. Across the full 4-year window we track, STXD has the edge at +15.12% annualized vs +8.85%. 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 10.9% for STXD. 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 -14.9% for STXD. 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 0.91. 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 STXD charges 0.35%. On a $10,000 position that is $9 vs $35 annually, a gap of $26 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 1.21% for STXD.

Holdings Overlap

7.7%overlap

SPY and STXD share 18 holdings out of 507 unique holdings combined, representing a 7.7% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SPYWeight in STXDDifference
MSFT4.43%4.59%0.16%
AMAT0.73%2.92%2.19%
LIN:IE0.39%1.67%1.28%
AMGNProProPro
APHProProPro
ADIProProPro
ABTProProPro
SYKProProPro
TTProProPro
ADPProProPro
See all 10 holdings SPY shares with STXD
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Frequently Asked Questions

Which is cheaper, SPY or STXD?

SPY has an expense ratio of 0.09% while STXD charges 0.35%. SPY is the cheaper option. On a $10,000 investment, that is $26 per year of difference.

Which performed better, SPY or STXD?

Over the past year SPY returned +23.66% vs +19.28% for STXD, so SPY leads on 1-year performance. Over the longest common window we track (4 years), SPY annualized +8.85% vs +15.12% for STXD. Past performance does not guarantee future results.

Which is riskier, SPY or STXD?

SPY has been the more volatile fund at 15.3% annualized versus 10.9% for STXD. Worst drawdown: SPY -56.5% vs STXD -14.9%.

Should I hold both SPY and STXD?

SPY and STXD have a monthly-return correlation of 0.91, 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 STXD?

SPY and STXD share 18 common holdings with a 7.7% weight overlap. Combined, they hold 507 unique securities.

Which pays a higher dividend, SPY or STXD?

SPY yields 1.01% while STXD yields 1.21%, so STXD currently pays the higher dividend yield.

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