ACEP vs SPY
ARS Core Equity Portfolio ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, ACEP or SPY?
SPY costs less.
SPY has a lower expense ratio.
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 | ACEP | SPY |
|---|---|---|
| Expense Ratio | 0.45% | 0.09%Best |
| AUM | $103M | $804.7B |
| Dividend Yield | 0.11% | 0.98% |
| Holdings | 38 | 505 |
| YTD Return | +21.88%Best | +12.22% |
| 1Y Return | - | +16.97% |
| 3Y Return (annualized) | - | +21.16% |
| 5Y Return (annualized) | - | +13.00% |
| Top 10 Weight | 37.8%Tie | 37.8%Tie |
| Fund Family | ARS Investment | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 20, 2025 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
ACEP 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
ACEP vs SPY Performance
ARS Core Equity Portfolio ETF (ACEP) is an ETF from ARS Investment and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, ACEP is up 21.88% versus a gain of 12.22% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
ACEP charges 0.45% per year while SPY charges 0.09%. On a $10,000 position that is $45 vs $9 annually, a gap of $36 per year that compounds over a long holding period. On income, ACEP currently yields 0.11% against 0.98% for SPY.
Holdings Overlap
73.8% of ACEP's money is in holdings SPY also owns. 17.3% of SPY's money is in holdings ACEP also owns.
Most of ACEP is already inside SPY. Owning both mostly buys the same companies twice.
26 positions in common, counted across the 35 positions we hold weights for in ACEP and 504 in SPY, against full books of 38 and 505.
What only one of them owns
Our book lists 472 positions for SPY that do not appear in our book for ACEP (82.1% of the fund), and 4 for ACEP that do not appear in SPY (12.9%).
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 ACEP | Weight in SPY | Difference |
|---|---|---|---|
| AAPLApple, Inc | 2.18% | 7.26% | 5.08% |
| AVGOBroadcom Inc | 4.00% | 2.66% | 1.34% |
| JPMJpmorgan Chase | 3.70% | 1.45% | 2.25% |
| LRCXLrcx Uw Equity | 3.89% | 0.55% | 3.34% |
| CVXChevron Corp | 3.69% | 0.60% | 3.09% |
| STXSeagate Technology Holdings Plc | 4.00% | 0.28% | 3.72% |
| PHParker-Hannifin Corp. | 3.80% | 0.18% | 3.62% |
| BXBlackstone Group Inc. Class A | 3.58% | 0.15% | 3.43% |
| JNJJohnson & Johnson - Common | 2.72% | 0.99% | 1.73% |
| TRGPTarga Resources Corp Preferred | 3.56% | 0.10% | 3.46% |
73.8% of ACEP 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, ACEP or SPY?
ACEP has an expense ratio of 0.45% while SPY charges 0.09%. SPY is the cheaper option, by $36 a year on a $10,000 investment.
What is the holdings overlap between ACEP and SPY?
73.8% of ACEP's money is in holdings SPY also owns. 17.3% of SPY's is in holdings ACEP also owns. They hold 26 positions in common, counted across the 35 positions we hold weights for in ACEP and 504 in SPY.
Which pays a higher dividend, ACEP or SPY?
ACEP yields 0.11% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than ACEP?
SPY has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.