AMZZ vs SPY
GraniteShares 2x Long AMZN Daily ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, AMZZ or SPY?
SPY has been ahead.
SPY has a lower expense ratio. SPY 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 | AMZZ | SPY |
|---|---|---|
| Expense Ratio | 1.15% | 0.09%Best |
| AUM | $39M | $811.2B |
| Dividend Yield | 0.00% | 0.98% |
| Holdings | 2 | 1,515 |
| YTD Return | +6.94% | +13.54%Best |
| 1Y Return | +6.13% | +16.25%Best |
| 3Y Return (annualized) | - | +23.72% |
| 5Y Return (annualized) | - | +13.95% |
| Volatility (annualized) | 61.8% | 11.9%Best |
| Max Drawdown | -55.3% | -18.8%Best |
| $10,000 over 2.5 years | $12,911 | $15,341Best |
| Fund Family | GraniteShares | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 4, 2024 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Mar 18, 2024 to Oct 2, 2026 (2.5 years).
AMZZ 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 2.5 years both funds cover.
AMZZ vs SPY Performance
GraniteShares 2x Long AMZN Daily ETF (AMZZ) is an ETF from GraniteShares and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year AMZZ returned +6.13% while SPY returned +16.25%. Year to date, AMZZ is up 6.94% versus a gain of 13.54% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AMZZ has been the more volatile fund, with annualized monthly volatility of 61.8% compared with 11.9% 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 -55.3% for AMZZ 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 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AMZZ charges 1.15% per year while SPY charges 0.09%. On a $10,000 position that is $115 vs $9 annually, a gap of $106 per year that compounds over a long holding period. On income, AMZZ currently yields 0.00% against 0.98% for SPY.
You are not choosing between two funds in isolation.
Whichever of AMZZ and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AMZZ or SPY?
AMZZ has an expense ratio of 1.15% while SPY charges 0.09%. SPY is the cheaper option, by $106 a year on a $10,000 investment.
Which performed better, AMZZ or SPY?
Over the past year AMZZ returned +6.13% vs +16.25% 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, AMZZ or SPY?
AMZZ has been the more volatile fund at 61.8% annualized versus 11.9% for SPY. Worst drawdown: AMZZ -55.3% vs SPY -18.8%.
Should I hold both AMZZ and SPY?
AMZZ and SPY have a monthly-return correlation of 0.66, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, AMZZ or SPY?
AMZZ yields 0.00% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than AMZZ?
SPY has a lower expense ratio. SPY 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.