ABCS vs SPY
Alpha Blue Capital US Small-Mid Cap Dynamic ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, ABCS or SPY?
Mid Cap Value against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y and the full window. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 39.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ABCS | SPY |
|---|---|---|
| Expense Ratio | 0.42% | 0.09%Best |
| AUM | $12M | $804.7B |
| Dividend Yield | 1.11% | 0.98% |
| Holdings | 106 | 505 |
| YTD Return | +12.87%Best | +12.09% |
| 1Y Return | +14.62% | +16.29%Best |
| 3Y Return (annualized) | - | +21.20% |
| 5Y Return (annualized) | - | +13.37% |
| Volatility (annualized) | 14.0% | 11.8%Best |
| Max Drawdown | -20.5% | -18.8%Best |
| $10,000 over 2.7 years | $14,261 | $16,612Best |
| Top 10 Weight | 39.6% | 37.8%Best |
| Fund Family | Alpha Blue Capital | State Street Investment Management |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | Dec 20, 2023 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Dec 20, 2023 to Sep 18, 2026 (2.7 years).
ABCS vs SPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.7 years both funds cover.
ABCS vs SPY Performance
Alpha Blue Capital US Small-Mid Cap Dynamic ETF (ABCS) is an ETF from Alpha Blue Capital and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year ABCS returned +14.62% while SPY returned +16.29%. Year to date, ABCS is up 12.87% versus a gain of 12.09% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ABCS has been the more volatile fund, with annualized monthly volatility of 14.0% compared with 11.8% 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 -20.5% for ABCS and -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ABCS charges 0.42% per year while SPY charges 0.09%. On a $10,000 position that is $42 vs $9 annually, a gap of $33 per year that compounds over a long holding period. On income, ABCS currently yields 1.11% against 0.98% for SPY.
Holdings Overlap
39.0% of ABCS's money is in holdings SPY also owns. 3.3% of SPY's money is in holdings ABCS also owns.
The two portfolios partly overlap.
49 positions in common, counted across the 105 positions we hold weights for in ABCS and 504 in SPY, against full books of 106 and 505.
What only one of them owns
Our book lists 450 positions for SPY that do not appear in our book for ABCS (96.2% of the fund), and 55 for ABCS that do not appear in SPY (60.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in ABCS | Weight in SPY | Difference |
|---|---|---|---|
| ELVElevance Health Inc | 2.08% | 0.13% | 1.95% |
| GPNGlobal Payments Inc. | 2.05% | 0.03% | 2.02% |
| AMPAmeriprise Financial Inc | 1.77% | 0.07% | 1.70% |
| HPEHewlett Packard Enterprise Co | 1.55% | 0.10% | 1.45% |
| USBUS Bancorp | 1.35% | 0.14% | 1.21% |
| GEHCGe Healthcare Technologies Inc | 1.38% | 0.05% | 1.33% |
| ADBEAdobe Systems | 1.24% | 0.18% | 1.06% |
| BKNGBooking Holdings, Inc. | 1.08% | 0.23% | 0.85% |
| CPAYCorpay Inc | 1.24% | 0.04% | 1.20% |
| ACGLArch Capital Group Ltd 5.450% | 1.13% | 0.05% | 1.08% |
39.0% of ABCS is already inside SPY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ABCS or SPY?
ABCS has an expense ratio of 0.42% while SPY charges 0.09%. SPY is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, ABCS or SPY?
Over the past year ABCS returned +14.62% vs +16.29% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ABCS or SPY?
ABCS has been the more volatile fund at 14.0% annualized versus 11.8% for SPY. Worst drawdown: ABCS -20.5% vs SPY -18.8%.
Should I hold both ABCS and SPY?
ABCS and SPY have a monthly-return correlation of 0.68, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ABCS and SPY?
39.0% of ABCS's money is in holdings SPY also owns. 3.3% of SPY's is in holdings ABCS also owns. They hold 49 positions in common, counted across the 105 positions we hold weights for in ABCS and 504 in SPY.
Which pays a higher dividend, ABCS or SPY?
ABCS yields 1.11% while SPY yields 0.98%, so ABCS currently pays the higher dividend yield.
Is SPY better than ABCS?
SPY has a lower expense ratio. SPY led over 1Y and the full window. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 39.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.