ABOT vs SPY

ABOT vs SPY

Which is better, ABOT or SPY?

SPY has been ahead.

SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. ABOT is less concentrated, with 33.1% of the fund in its ten largest positions against 38.0%.

Lower Fees: SPYHigher Returns: SPYLess Concentrated: ABOT

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

MetricABOTSPY
Expense Ratio0.39%0.09%Best
AUM$4M$814.4B
Dividend Yield0.33%1.01%
Holdings52505
YTD Return+15.53%Best+13.78%
1Y Return+14.57%+21.44%Best
3Y Return (annualized)+20.65%+21.38%Best
5Y Return (annualized)+9.38%+12.80%Best
Volatility (annualized)17.1%15.0%Best
Max Drawdown-29.7%-24.5%Best
$10,000 over 5 years$15,656$18,262Best
Top 10 Weight33.1%Best38.0%
Fund FamilyDonoghue Forlines ETFsState Street Investment Management
CategoryFixed IncomeEquity
Style-Large Cap Blend
InceptionDec 7, 2020Jan 22, 1993

Volatility and max drawdown are measured over the window both funds cover: Dec 8, 2020 to Sep 3, 2026 (5.7 years).

ABOT 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 5.7 years both funds cover.

ABOT vs SPY Performance

Abacus FCF Innovation Leaders ETF (ABOT) is an ETF from Donoghue Forlines ETFs and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year ABOT returned +14.57% while SPY returned +21.44%. Year to date, ABOT is up 15.53% versus a gain of 13.78% for SPY.

Over three years, ABOT compounded at +20.65% per year against +21.38% for SPY; over five years the annualized figures are +9.38% and +12.80% respectively. Across the full 6-year window we track, SPY has the edge at +15.18% annualized vs +12.01%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

ABOT has been the more volatile fund, with annualized monthly volatility of 17.1% compared with 15.0% 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 -29.7% for ABOT and -24.5% 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 0.80. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

ABOT charges 0.39% per year while SPY charges 0.09%. On a $10,000 position that is $39 vs $9 annually, a gap of $30 per year that compounds over a long holding period. On income, ABOT currently yields 0.33% against 1.01% for SPY.

Holdings Overlap

ABOT already in SPY64.6%
SPY already in ABOT21.4%

64.6% of ABOT's money is in holdings SPY also owns. 21.4% of SPY's money is in holdings ABOT also owns.

The two portfolios partly overlap.

27 positions in common, counted across the 50 positions we hold weights for in ABOT and 504 in SPY, against full books of 52 and 505.

What only one of them owns

Measured across the 50 and 504 positions we hold weights for.

SPY holds 469 positions ABOT does not, 78.0% of the fund.

Largest: MSFT 5.50%, AMZN 4.08%, GOOGL 3.33%, GOOG 2.67%, META 1.94%

Top Shared Holdings

StockWeight in ABOTWeight in SPYDifference
NVDANvidia Corp.5.07%7.71%2.64%
AAPLApple, Inc4.90%6.83%1.93%
AVGOBroadcom Inc4.13%2.97%1.16%
ABBVAbbvie Inc.3.10%0.65%2.45%
PANWPalo Alto Networks, Inc2.69%0.45%2.24%
ABNBAirbnb Inc2.67%0.09%2.58%
ADBEAdobe Systems2.58%0.16%2.42%
BMYBristol-Myers Squibb Co.2.51%0.20%2.31%
ADSKAutodesk, Inc.2.57%0.08%2.49%
FTNTFortinet Inc2.46%0.16%2.30%

64.6% of ABOT 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.

ABOTSPY

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Frequently Asked Questions

Which is cheaper, ABOT or SPY?

ABOT has an expense ratio of 0.39% while SPY charges 0.09%. SPY is the cheaper option, by $30 a year on a $10,000 investment.

Which performed better, ABOT or SPY?

Over the past year ABOT returned +14.57% vs +21.44% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (6 years), ABOT annualized +12.01% vs +15.18% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, ABOT or SPY?

ABOT has been the more volatile fund at 17.1% annualized versus 15.0% for SPY. Worst drawdown: ABOT -29.7% vs SPY -24.5%.

Should I hold both ABOT and SPY?

ABOT and SPY have a monthly-return correlation of 0.80, 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 ABOT and SPY?

64.6% of ABOT's money is in holdings SPY also owns. 21.4% of SPY's is in holdings ABOT also owns. They hold 27 positions in common, counted across the 50 positions we hold weights for in ABOT and 504 in SPY.

Which pays a higher dividend, ABOT or SPY?

ABOT yields 0.33% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

Is SPY better than ABOT?

SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. ABOT is less concentrated, with 33.1% of the fund in its ten largest positions against 38.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.