SPY vs YOKE

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

MetricSPYYOKEWinner
Expense Ratio0.09%0.30%
AUM$789.1B$232M
Dividend Yield1.01%0.72%
Holdings50552
YTD Return+13.50%+18.90%
1Y Return+23.56%+23.15%
3Y Return (annualized)+21.17%-
5Y Return (annualized)+13.46%-
Volatility (annualized)15.3%12.8%
Max Drawdown-56.5%-14.3%
Fund FamilyState Street Investment ManagementYoke ETF
CategoryEquityAllocation/Balanced
InceptionJan 22, 1993Feb 21, 2025

SPY vs YOKE Performance

State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and Yoke Core ETF (YOKE) is a ETF from Yoke ETF. Over the past year SPY returned +23.56% while YOKE returned +23.15%. Year to date, SPY is up 13.50% versus a gain of 18.90% for YOKE.

Risk: Volatility and Drawdowns

SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 12.8% for YOKE. 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 -14.3% for YOKE. 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 0.85. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

SPY charges 0.09% per year while YOKE charges 0.30%. On a $10,000 position that is $9 vs $30 annually, a gap of $21 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 0.72% for YOKE.

Holdings Overlap

27.7%overlap

SPY and YOKE share 45 holdings out of 509 unique holdings combined, representing a 27.7% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SPYWeight in YOKEDifference
NVDA7.31%4.37%2.94%
AAPL7.09%2.41%4.68%
GOOG2.66%5.34%2.68%
MSFTProProPro
AMZNProProPro
EMEProProPro
METAProProPro
TJXProProPro
JNJProProPro
XOMProProPro
See all 10 holdings SPY shares with YOKE
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 YOKE?

SPY has an expense ratio of 0.09% while YOKE charges 0.30%. SPY is the cheaper option. On a $10,000 investment, that is $21 per year of difference.

Which performed better, SPY or YOKE?

Over the past year SPY returned +23.56% vs +23.15% for YOKE, so SPY leads on 1-year performance. Over the longest common window we track (1 years), SPY annualized +8.85% vs +21.54% for YOKE. Past performance does not guarantee future results.

Which is riskier, SPY or YOKE?

SPY has been the more volatile fund at 15.3% annualized versus 12.8% for YOKE. Worst drawdown: SPY -56.5% vs YOKE -14.3%.

Should I hold both SPY and YOKE?

SPY and YOKE have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between SPY and YOKE?

SPY and YOKE share 45 common holdings with a 27.7% weight overlap. Combined, they hold 509 unique securities.

Which pays a higher dividend, SPY or YOKE?

SPY yields 1.01% while YOKE yields 0.72%, so SPY currently pays the higher dividend yield.

Get Full ETF Analytics

Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.

See inside every ETF you own
$29/moCancel anytime.
Try FundXLS →