SPY vs TRUT

Quick Verdict

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

Lower Fees: SPYHigher Returns: TRUTMore Diversified: SPY

Side-by-Side Comparison

MetricSPYTRUTWinner
Expense Ratio0.09%0.14%
AUM$789.1B$174M
Dividend Yield1.01%0.20%
Holdings50576
YTD Return+13.79%+22.59%
1Y Return+23.66%+34.91%
3Y Return (annualized)+21.40%-
5Y Return (annualized)+13.37%-
Volatility (annualized)15.3%27.5%
Max Drawdown-56.5%-18.6%
Fund FamilyState Street Investment ManagementVanEck
CategoryEquityEquity
InceptionJan 22, 1993Aug 20, 2025

SPY vs TRUT Performance

State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and VanEck Technology TruSector ETF (TRUT) is a ETF from VanEck. Over the past year SPY returned +23.66% while TRUT returned +34.91%. Year to date, SPY is up 13.79% versus a gain of 22.59% for TRUT.

Risk: Volatility and Drawdowns

TRUT has been the more volatile fund, with annualized monthly volatility of 27.5% 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 -56.5% for SPY and -18.6% for TRUT. 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 0.89. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

SPY charges 0.09% per year while TRUT charges 0.14%. On a $10,000 position that is $9 vs $14 annually, a gap of $5 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 0.20% for TRUT.

Holdings Overlap

35.6%overlap

SPY and TRUT share 72 holdings out of 506 unique holdings combined, representing a 35.6% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SPYWeight in TRUTDifference
NVDA7.31%16.47%9.16%
AAPL7.09%15.39%8.30%
MSFT4.43%9.24%4.81%
AVGOProProPro
MUProProPro
INTCProProPro
AMATProProPro
CSCOProProPro
LRCXProProPro
KLACProProPro
See all 10 holdings SPY shares with TRUT
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, SPY or TRUT?

SPY has an expense ratio of 0.09% while TRUT charges 0.14%. SPY is the cheaper option. On a $10,000 investment, that is $5 per year of difference.

Which performed better, SPY or TRUT?

Over the past year SPY returned +23.66% vs +34.91% for TRUT, so TRUT leads on 1-year performance. Past performance does not guarantee future results.

Which is riskier, SPY or TRUT?

TRUT has been the more volatile fund at 27.5% annualized versus 15.3% for SPY. Worst drawdown: SPY -56.5% vs TRUT -18.6%.

Should I hold both SPY and TRUT?

SPY and TRUT have a monthly-return correlation of 0.89, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SPY and TRUT?

SPY and TRUT share 72 common holdings with a 35.6% weight overlap. Combined, they hold 506 unique securities.

Which pays a higher dividend, SPY or TRUT?

SPY yields 1.01% while TRUT yields 0.20%, so SPY currently pays the higher dividend yield.

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