AAUA vs SPY

AAUA vs SPY
See what your portfolio actually owns
Your funds unpacked, overlap, fees and score, free on screen. The full report comes with FundXLS. Download sample.
X-ray my portfolio free

Quick Verdict

AAUA has a lower expense ratio. SPY offers more diversification with 505 holdings.

Lower Fees: AAUAHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricAAUASPYWinner
Expense Ratio0.09%0.09%
AUM$365M$814.4B
Dividend Yield0.00%1.01%
Holdings354505
YTD Return+17.21%+12.87%
1Y Return-+21.13%
3Y Return (annualized)-+20.86%
5Y Return (annualized)-+12.69%
Volatility (annualized)-15.3%
Max Drawdown-5.9%-56.5%
Fund FamilyAlpha ArchitectState Street Investment Management
CategoryEquityEquity
InceptionMar 18, 2026Jan 22, 1993

AAUA vs SPY Performance

Alpha Architect US Equity 3 ETF (AAUA) is a ETF from Alpha Architect and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, AAUA is up 17.21% versus a gain of 12.87% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -5.9% for AAUA and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

AAUA charges 0.09% per year while SPY charges 0.09%. On a $10,000 position that is $9 vs $9 annually, a gap of $0 per year that compounds over a long holding period. On income, AAUA currently yields 0.00% against 1.01% for SPY.

Holdings Overlap

91.2%overlap

AAUA and SPY share 344 holdings out of 511 unique holdings combined, representing a 91.2% weight overlap.

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

Top Shared Holdings

StockWeight in AAUAWeight in SPYDifference
NVDA8.18%7.71%0.47%
AAPL7.48%6.83%0.65%
MSFT5.95%5.50%0.45%
AMZNProProPro
GOOGLProProPro
AVGOProProPro
GOOGProProPro
METAProProPro
MUProProPro
JPMProProPro
FundXLS Pro
See the top 10 holdings AAUA shares with SPY
Exact weights in each fund and the difference, for every position in this table.
Unlock FundXLS Pro$45/quarter Pro · Cancel anytime

Frequently Asked Questions

Which is cheaper, AAUA or SPY?

AAUA has an expense ratio of 0.09% while SPY charges 0.09%. AAUA is the cheaper option. On a $10,000 investment, that is $0 per year of difference.

What is the holdings overlap between AAUA and SPY?

AAUA and SPY share 344 common holdings with a 91.2% weight overlap. Combined, they hold 511 unique securities.

Which pays a higher dividend, AAUA or SPY?

AAUA yields 0.00% while SPY yields 1.01%, 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 what your portfolio actually owns
Your funds unpacked, overlap, fees and score, free on screen. The full report comes with FundXLS. Download sample.
X-ray my portfolio free