SPY vs WTBN
SPY vs WTBN
State Street SPDR S&P 500 ETF Trust vs WisdomTree Bianco Total Return Fund ETF
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | SPY | WTBN | Winner |
|---|---|---|---|
| Expense Ratio | 0.09% | 0.60% | |
| AUM | $789.1B | $102M | |
| Dividend Yield | 1.01% | 4.06% | |
| Holdings | 505 | 11 | |
| YTD Return | +13.79% | -0.82% | |
| 1Y Return | +23.66% | +1.33% | |
| 3Y Return (annualized) | +21.40% | - | |
| 5Y Return (annualized) | +13.37% | - | |
| Volatility (annualized) | 15.3% | 4.0% | |
| Max Drawdown | -56.5% | -3.4% | |
| Fund Family | State Street Investment Management | WisdomTree Investments | |
| Category | Equity | Fixed Income | |
| Inception | Jan 22, 1993 | Dec 20, 2023 |
SPY vs WTBN Performance
State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and WisdomTree Bianco Total Return Fund ETF (WTBN) is a ETF from WisdomTree Investments. Over the past year SPY returned +23.66% while WTBN returned +1.33%. Year to date, SPY is up 13.79% versus a loss of 0.82% for WTBN.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 4.0% for WTBN. 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 -3.4% for WTBN. 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 0.32. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
SPY charges 0.09% per year while WTBN charges 0.60%. On a $10,000 position that is $9 vs $60 annually, a gap of $51 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 4.06% for WTBN.
Holdings Overlap
SPY and WTBN share 0 holdings out of 520 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, SPY or WTBN?
SPY has an expense ratio of 0.09% while WTBN charges 0.60%. SPY is the cheaper option. On a $10,000 investment, that is $51 per year of difference.
Which performed better, SPY or WTBN?
Over the past year SPY returned +23.66% vs +1.33% for WTBN, so SPY leads on 1-year performance. Over the longest common window we track (3 years), SPY annualized +8.85% vs +3.86% for WTBN. Past performance does not guarantee future results.
Which is riskier, SPY or WTBN?
SPY has been the more volatile fund at 15.3% annualized versus 4.0% for WTBN. Worst drawdown: SPY -56.5% vs WTBN -3.4%.
Should I hold both SPY and WTBN?
SPY and WTBN have a monthly-return correlation of 0.32, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between SPY and WTBN?
SPY and WTBN share 0 common holdings with a 0.0% weight overlap. Combined, they hold 520 unique securities.
Which pays a higher dividend, SPY or WTBN?
SPY yields 1.01% while WTBN yields 4.06%, so WTBN currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.