APCB vs SPY
ActivePassive Core Bond ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, APCB or SPY?
SPY has been ahead.
SPY has a lower expense ratio. SPY led over 1Y, 3Y 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 | APCB | SPY |
|---|---|---|
| Expense Ratio | 0.36% | 0.09%Best |
| AUM | $1.0B | $804.7B |
| Dividend Yield | 4.40% | 0.98% |
| Holdings | 1,877 | 505 |
| YTD Return | -0.97% | +12.22%Best |
| 1Y Return | -0.22% | +16.97%Best |
| 3Y Return (annualized) | +3.62% | +21.16%Best |
| 5Y Return (annualized) | - | +13.00% |
| Volatility (annualized) | 5.0%Best | 12.8% |
| Max Drawdown | -6.4%Best | -18.8% |
| $10,000 over 3.4 years | $10,768 | $19,563Best |
| Fund Family | Envestnet Asset Management | State Street Investment Management |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Blend |
| Inception | May 3, 2023 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: May 3, 2023 to Sep 17, 2026 (3.4 years).
APCB 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 3.4 years both funds cover.
APCB vs SPY Performance
ActivePassive Core Bond ETF (APCB) is an ETF from Envestnet Asset Management and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year APCB returned -0.22% while SPY returned +16.97%. Year to date, APCB is down 0.97% versus a gain of 12.22% for SPY.
Over three years, APCB compounded at +3.62% per year against +21.16% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 12.8% compared with 5.0% for APCB. 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 -6.4% for APCB 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 0.54. They move together some of the time, and apart the rest.
Fees and Cost Over Time
APCB charges 0.36% per year while SPY charges 0.09%. On a $10,000 position that is $36 vs $9 annually, a gap of $27 per year that compounds over a long holding period. On income, APCB currently yields 4.40% against 0.98% for SPY.
Holdings Overlap
At least 0.1% of SPY's money is in holdings APCB also owns.
Stated as a floor: for APCB, our book for it covers 76.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 1,244 positions we hold weights for in APCB and 504 in SPY, against full books of 1,877 and 505.
Top Shared Holdings
| Stock | Weight in APCB | Weight in SPY | Difference |
|---|---|---|---|
| AONAon Public Limited Company Cl. A | 0.02% | 0.11% | 0.09% |
You are not choosing between two funds in isolation.
Whichever of APCB 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, APCB or SPY?
APCB has an expense ratio of 0.36% while SPY charges 0.09%. SPY is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, APCB or SPY?
Over the past year APCB returned -0.22% vs +16.97% 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, APCB or SPY?
SPY has been the more volatile fund at 12.8% annualized versus 5.0% for APCB. Worst drawdown: APCB -6.4% vs SPY -18.8%.
Should I hold both APCB and SPY?
APCB and SPY have a monthly-return correlation of 0.54, 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, APCB or SPY?
APCB yields 4.40% while SPY yields 0.98%, so APCB currently pays the higher dividend yield.
Is SPY better than APCB?
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.