ASHR vs SPY
Xtrackers Harvest CSI 300 China A-Shares ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | ASHR | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.65% | 0.09% | |
| AUM | $1.6B | $789.1B | |
| Dividend Yield | 2.09% | 1.01% | |
| Holdings | 288 | 505 | |
| YTD Return | +4.38% | +14.47% | |
| 1Y Return | +20.43% | +21.96% | |
| 3Y Return (annualized) | +11.11% | +21.70% | |
| 5Y Return (annualized) | -0.55% | +13.30% | |
| Volatility (annualized) | 24.0% | 15.3% | |
| Max Drawdown | -51.3% | -56.5% | |
| Fund Family | Xtrackers ETFs | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Nov 6, 2013 | Jan 22, 1993 |
ASHR vs SPY Performance
Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) is a ETF from Xtrackers ETFs and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year ASHR returned +20.43% while SPY returned +21.96%. Year to date, ASHR is up 4.38% versus a gain of 14.47% for SPY.
Over three years, ASHR compounded at +11.11% per year against +21.70% for SPY; over five years the annualized figures are -0.55% and +13.30% respectively. Across the full 13-year window we track, SPY has the edge at +8.87% annualized vs +5.80%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ASHR has been the more volatile fund, with annualized monthly volatility of 24.0% compared with 15.3% 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 -51.3% for ASHR and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.35. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ASHR charges 0.65% per year while SPY charges 0.09%. On a $10,000 position that is $65 vs $9 annually, a gap of $56 per year that compounds over a long holding period. On income, ASHR currently yields 2.09% against 1.01% for SPY.
Holdings Overlap
ASHR and SPY share 0 holdings out of 787 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, ASHR or SPY?
ASHR has an expense ratio of 0.65% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $56 per year of difference.
Which performed better, ASHR or SPY?
Over the past year ASHR returned +20.43% vs +21.96% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (13 years), ASHR annualized +5.80% vs +8.87% for SPY. Past performance does not guarantee future results.
Which is riskier, ASHR or SPY?
ASHR has been the more volatile fund at 24.0% annualized versus 15.3% for SPY. Worst drawdown: ASHR -51.3% vs SPY -56.5%.
Should I hold both ASHR and SPY?
ASHR and SPY have a monthly-return correlation of 0.35, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ASHR and SPY?
ASHR and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 787 unique securities.
Which pays a higher dividend, ASHR or SPY?
ASHR yields 2.09% while SPY yields 1.01%, so ASHR currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.