AGIX vs SPY
KraneShares Public-Private AI & Technology ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, AGIX or SPY?
All Cap Blend against Large Cap Blend.
SPY has a lower expense ratio. AGIX led over 1Y and the full window.
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 | AGIX | SPY |
|---|---|---|
| Expense Ratio | 1.00% | 0.09%Best |
| AUM | $724M | $814.4B |
| Dividend Yield | 1.05% | 1.01% |
| Holdings | 62 | 505 |
| YTD Return | +26.72%Best | +13.34% |
| 1Y Return | +37.39%Best | +19.97% |
| 3Y Return (annualized) | - | +21.20% |
| 5Y Return (annualized) | - | +12.81% |
| Volatility (annualized) | 28.7% | 12.1%Best |
| Max Drawdown | -31.5% | -18.8%Best |
| $10,000 over 2.1 years | $18,710Best | $14,194 |
| Fund Family | KraneShares | State Street Investment Management |
| Category | Equity | Equity |
| Style | All Cap Blend | Large Cap Blend |
| Inception | Jul 18, 2024 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Jul 18, 2024 to Sep 4, 2026 (2.1 years).
AGIX 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 2.1 years both funds cover.
AGIX vs SPY Performance
KraneShares Public-Private AI & Technology ETF (AGIX) is an ETF from KraneShares and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year AGIX returned +37.39% while SPY returned +19.97%. Year to date, AGIX is up 26.72% versus a gain of 13.34% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AGIX has been the more volatile fund, with annualized monthly volatility of 28.7% compared with 12.1% 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 -31.5% for AGIX 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AGIX charges 1.00% per year while SPY charges 0.09%. On a $10,000 position that is $100 vs $9 annually, a gap of $91 per year that compounds over a long holding period. On income, AGIX currently yields 1.05% against 1.01% for SPY.
Holdings Overlap
At least 39.3% of SPY's money is in holdings AGIX also owns.
Stated as a floor: for AGIX, our book for it covers 93.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
The two holdings books were reported 126 days apart, AGIX as of Mar 31, 2026 and SPY as of Aug 4, 2026, so some of the difference between them is the time between the two reports rather than the funds.
23 positions in common, counted across the 55 positions we hold weights for in AGIX and 504 in SPY, against full books of 62 and 505.
Top Shared Holdings
| Stock | Weight in AGIX | Weight in SPY | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 5.27% | 7.71% | 2.44% |
| AAPLApple, Inc | 3.32% | 6.83% | 3.51% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 4.03% | 5.50% | 1.47% |
| AMZNAmazon.Com Inc | 2.82% | 4.08% | 1.26% |
| AVGOBroadcom Inc | 3.11% | 2.97% | 0.14% |
| GOOGAlphabet Inc. C | 3.38% | 2.67% | 0.71% |
| METAMeta Platform Inc | 3.68% | 1.94% | 1.74% |
| TSLATesla Motors Inc | 2.29% | 1.38% | 0.91% |
| AMDAdvanced Micro Devices Inc | 1.48% | 1.27% | 0.21% |
| PLTRPalantir Technologies Inc | 2.11% | 0.56% | 1.55% |
39.3% of SPY is already inside AGIX.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, AGIX or SPY?
AGIX has an expense ratio of 1.00% while SPY charges 0.09%. SPY is the cheaper option, by $91 a year on a $10,000 investment.
Which performed better, AGIX or SPY?
Over the past year AGIX returned +37.39% vs +19.97% for SPY, so AGIX leads on 1-year performance. Over the longest common window we track (2 years), AGIX annualized +34.76% vs +18.15% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AGIX or SPY?
AGIX has been the more volatile fund at 28.7% annualized versus 12.1% for SPY. Worst drawdown: AGIX -31.5% vs SPY -18.8%.
Should I hold both AGIX and SPY?
AGIX and SPY have a monthly-return correlation of 0.83, 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 AGIX and SPY?
At least 39.3% of SPY's money is in holdings AGIX also owns. Our book for AGIX is partial, so the real figure is this or higher. They hold 23 positions in common, counted across the 55 positions we hold weights for in AGIX and 504 in SPY.
Which pays a higher dividend, AGIX or SPY?
AGIX yields 1.05% while SPY yields 1.01%, so AGIX currently pays the higher dividend yield.
Is SPY better than AGIX?
SPY has a lower expense ratio. AGIX led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.