SPY vs ZINC

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricSPYZINCWinner
Expense Ratio0.09%0.55%
AUM$789.1B$8M
Dividend Yield1.01%0.00%
Holdings50551
YTD Return+13.79%+3.90%
1Y Return+23.66%-
3Y Return (annualized)+21.40%-
5Y Return (annualized)+13.37%-
Volatility (annualized)15.3%-
Max Drawdown-56.5%-3.2%
Fund FamilyState Street Investment ManagementZacks
CategoryEquityEquity
InceptionJan 22, 1993Jun 2, 2026

SPY vs ZINC Performance

State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and Zacks Income ETF (ZINC) is a ETF from Zacks. Year to date, SPY is up 13.79% versus a gain of 3.90% for ZINC.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -56.5% for SPY and -3.2% for ZINC. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

SPY charges 0.09% per year while ZINC charges 0.55%. On a $10,000 position that is $9 vs $55 annually, a gap of $46 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 0.00% for ZINC.

Holdings Overlap

4.4%overlap

SPY and ZINC share 22 holdings out of 532 unique holdings combined, representing a 4.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in SPYWeight in ZINCDifference
ES0.04%5.64%5.60%
JPM:US1.40%4.21%2.81%
MO0.19%4.74%4.55%
EIXProProPro
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See all 10 holdings SPY shares with ZINC
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, SPY or ZINC?

SPY has an expense ratio of 0.09% while ZINC charges 0.55%. SPY is the cheaper option. On a $10,000 investment, that is $46 per year of difference.

What is the holdings overlap between SPY and ZINC?

SPY and ZINC share 22 common holdings with a 4.4% weight overlap. Combined, they hold 532 unique securities.

Which pays a higher dividend, SPY or ZINC?

SPY yields 1.01% while ZINC yields 0.00%, so SPY currently pays the higher dividend yield.

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