SPY vs STXF

Quick Verdict

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

Lower Fees: STXFHigher Returns: SPYMore Diversified: SPY

Side-by-Side Comparison

MetricSPYSTXFWinner
Expense Ratio0.09%0.05%
AUM$789.1B$1.1B
Dividend Yield1.01%1.02%
Holdings505506
YTD Return+13.10%+13.07%
1Y Return+22.80%+22.78%
3Y Return (annualized)+20.98%+21.22%
5Y Return (annualized)+13.20%-
Volatility (annualized)15.3%13.4%
Max Drawdown-56.5%-19.0%
Fund FamilyState Street Investment ManagementStrive Asset Management
CategoryEquityEquity
InceptionJan 22, 1993Sep 15, 2022

SPY vs STXF Performance

State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and Strive 500 ETF (STXF) is a ETF from Strive Asset Management. Over the past year SPY returned +22.80% while STXF returned +22.78%. Year to date, SPY is up 13.10% versus a gain of 13.07% for STXF.

Over three years, SPY compounded at +20.98% per year against +21.22% for STXF. Across the full 4-year window we track, STXF has the edge at +21.10% annualized vs +8.83%. 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 13.4% for STXF. 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 STXF. 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 STXF 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 1.02% for STXF.

Holdings Overlap

88.0%overlap

SPY and STXF share 422 holdings out of 577 unique holdings combined, representing a 88.0% weight overlap.

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

Top Shared Holdings

StockWeight in SPYWeight in STXFDifference
NVDA7.31%7.89%0.58%
AAPL7.09%6.62%0.47%
MSFT4.43%4.98%0.55%
AMZNProProPro
GOOGProProPro
AVGOProProPro
METAProProPro
TSLAProProPro
MUProProPro
LLYProProPro
See all 10 holdings SPY shares with STXF
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Frequently Asked Questions

Which is cheaper, SPY or STXF?

SPY has an expense ratio of 0.09% while STXF charges 0.05%. STXF is the cheaper option. On a $10,000 investment, that is $4 per year of difference.

Which performed better, SPY or STXF?

Over the past year SPY returned +22.80% vs +22.78% for STXF, so SPY leads on 1-year performance. Over the longest common window we track (4 years), SPY annualized +8.83% vs +21.10% for STXF. Past performance does not guarantee future results.

Which is riskier, SPY or STXF?

SPY has been the more volatile fund at 15.3% annualized versus 13.4% for STXF. Worst drawdown: SPY -56.5% vs STXF -19.0%.

Should I hold both SPY and STXF?

SPY and STXF 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 STXF?

SPY and STXF share 422 common holdings with a 88.0% weight overlap. Combined, they hold 577 unique securities.

Which pays a higher dividend, SPY or STXF?

SPY yields 1.01% while STXF yields 1.02%, so STXF currently pays the higher dividend yield.

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