AIEQ vs SPY
Amplify AI Powered Equity ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, AIEQ or SPY?
Large Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 43.9%.
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 | AIEQ | SPY |
|---|---|---|
| Expense Ratio | 0.75% | 0.09%Best |
| AUM | $113M | $811.2B |
| Dividend Yield | 0.38% | 0.98% |
| Holdings | 326 | 1,515 |
| YTD Return | +11.40% | +14.85%Best |
| 1Y Return | +11.23% | +17.26%Best |
| 3Y Return (annualized) | +19.38% | +22.95%Best |
| 5Y Return (annualized) | +4.55% | +13.89%Best |
| Volatility (annualized) | 20.9% | 16.2%Best |
| Max Drawdown | -39.0% | -34.1%Best |
| $10,000 over 5 years | $12,492 | $19,161Best |
| Top 10 Weight | 43.9% | 38.2%Best |
| Fund Family | Amplify ETFs | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Oct 17, 2017 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: Oct 18, 2017 to Oct 9, 2026 (9 years).
AIEQ 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 9 years both funds cover.
AIEQ vs SPY Performance
Amplify AI Powered Equity ETF (AIEQ) is an ETF from Amplify ETFs and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year AIEQ returned +11.23% while SPY returned +17.26%. Year to date, AIEQ is up 11.40% versus a gain of 14.85% for SPY.
Over three years, AIEQ compounded at +19.38% per year against +22.95% for SPY; over five years the annualized figures are +4.55% and +13.89% respectively. Across the full 9-year window we track, SPY has the edge at +14.18% annualized vs +9.73%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AIEQ has been the more volatile fund, with annualized monthly volatility of 20.9% compared with 16.2% 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 -39.0% for AIEQ and -34.1% 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AIEQ charges 0.75% per year while SPY charges 0.09%. On a $10,000 position that is $75 vs $9 annually, a gap of $66 per year that compounds over a long holding period. On income, AIEQ currently yields 0.38% against 0.98% for SPY.
Holdings Overlap
97.5% of AIEQ's money is in holdings SPY also owns. 63.3% of SPY's money is in holdings AIEQ also owns.
Most of AIEQ is already inside SPY. Owning both mostly buys the same companies twice.
158 positions in common, counted across the 162 positions we hold weights for in AIEQ and 504 in SPY, against full books of 326 and 1,515.
What only one of them owns
Our book lists 339 positions for SPY that do not appear in our book for AIEQ (35.9% of the fund), and 3 for AIEQ that do not appear in SPY (2.5%).
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 AIEQ | Weight in SPY | Difference |
|---|---|---|---|
| NVDANvidia Corp | 4.19% | 7.78% | 3.59% |
| AAPLApple, Inc | 2.02% | 7.45% | 5.43% |
| MSFTMicrosoft Corp | 3.37% | 5.71% | 2.34% |
| GOOGLAlphabet Inc,class A | 3.36% | 3.12% | 0.24% |
| TELTE Connectivity PLC Common Stock | 6.05% | 0.09% | 5.96% |
| NFLXNetflix, Inc. | 5.48% | 0.51% | 4.97% |
| GOOGAlphabet Inc. C | 3.03% | 2.49% | 0.54% |
| CBChubb Ltd Common Stock Usd 24.15 | 4.99% | 0.19% | 4.80% |
| AVGOBroadcom Inc | 2.65% | 2.48% | 0.17% |
| GEVGE Vernova Inc. CDR (CAD Hedged) | 4.27% | 0.36% | 3.91% |
97.5% of AIEQ 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, AIEQ or SPY?
AIEQ has an expense ratio of 0.75% while SPY charges 0.09%. SPY is the cheaper option, by $66 a year on a $10,000 investment.
Which performed better, AIEQ or SPY?
Over the past year AIEQ returned +11.23% vs +17.26% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (9 years), AIEQ annualized +9.73% vs +14.18% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AIEQ or SPY?
AIEQ has been the more volatile fund at 20.9% annualized versus 16.2% for SPY. Worst drawdown: AIEQ -39.0% vs SPY -34.1%.
Should I hold both AIEQ and SPY?
AIEQ and SPY have a monthly-return correlation of 0.88, 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 AIEQ and SPY?
97.5% of AIEQ's money is in holdings SPY also owns. 63.3% of SPY's is in holdings AIEQ also owns. They hold 158 positions in common, counted across the 162 positions we hold weights for in AIEQ and 504 in SPY.
Which pays a higher dividend, AIEQ or SPY?
AIEQ yields 0.38% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than AIEQ?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 43.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.