ASD 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

MetricASDSPYWinner
Expense Ratio0.79%0.09%
AUM$1M$789.1B
Dividend Yield0.02%1.01%
Holdings39505
YTD Return+12.08%+13.39%
1Y Return-+22.52%
3Y Return (annualized)-+21.36%
5Y Return (annualized)-+13.19%
Volatility (annualized)-15.3%
Max Drawdown-4.2%-56.5%
Fund FamilyDefiance ETFs, LLCState Street Investment Management
CategoryEquityEquity
InceptionJun 1, 2026Jan 22, 1993

ASD vs SPY Performance

Defiance Autism Impact ETF (ASD) is a ETF from Defiance ETFs, LLC and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, ASD is up 12.08% versus a gain of 13.39% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -4.2% for ASD 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

ASD 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, ASD currently yields 0.02% against 1.01% for SPY.

Holdings Overlap

3.5%overlap

ASD and SPY share 6 holdings out of 536 unique holdings combined, representing a 3.5% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in ASDWeight in SPYDifference
LLY2.53%1.46%1.07%
JNJ2.77%0.96%1.81%
ABBV2.83%0.69%2.14%
BMYProProPro
RVTYProProPro
PFEProProPro
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Frequently Asked Questions

Which is cheaper, ASD or SPY?

ASD 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.

What is the holdings overlap between ASD and SPY?

ASD and SPY share 6 common holdings with a 3.5% weight overlap. Combined, they hold 536 unique securities.

Which pays a higher dividend, ASD or SPY?

ASD yields 0.02% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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