ARLI vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricARLISPYWinner
Expense Ratio0.79%0.09%
AUM$7M$789.1B
Dividend Yield0.00%1.01%
Holdings4505
YTD Return+7.72%+13.68%
1Y Return-+21.53%
3Y Return (annualized)-+21.44%
5Y Return (annualized)-+13.18%
Volatility (annualized)-15.3%
Max Drawdown-3.4%-56.5%
Fund FamilyAllianzIMState Street Investment Management
CategoryAlternativeEquity
InceptionMar 31, 2026Jan 22, 1993

ARLI vs SPY Performance

AllianzIM International Equity Buffer15 Uncapped Apr ETF (ARLI) is a ETF from AllianzIM and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, ARLI is up 7.72% versus a gain of 13.68% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -3.4% for ARLI and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

ARLI charges 0.79% per year while SPY charges 0.09%. On a $10,000 position that is $79 vs $9 annually, a gap of $70 per year that compounds over a long holding period. On income, ARLI currently yields 0.00% against 1.01% for SPY.

Frequently Asked Questions

Which is cheaper, ARLI or SPY?

ARLI has an expense ratio of 0.79% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $70 per year of difference.

Which pays a higher dividend, ARLI or SPY?

ARLI yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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