ATFV vs SPY
Alger 35 ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, ATFV or SPY?
Large Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. ATFV led over 3Y, 5Y and the full window, SPY over 1Y.
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 | ATFV | SPY |
|---|---|---|
| Expense Ratio | 0.56% | 0.09%Best |
| AUM | $487M | $811.2B |
| Dividend Yield | 0.18% | 0.98% |
| Holdings | 36 | 1,515 |
| YTD Return | +16.96%Best | +14.85% |
| 1Y Return | +13.64% | +17.26%Best |
| 3Y Return (annualized) | +40.30%Best | +22.95% |
| 5Y Return (annualized) | +14.54%Best | +13.89% |
| Volatility (annualized) | 23.8% | 15.3%Best |
| Max Drawdown | -45.3% | -24.5%Best |
| $10,000 over 5 years | $19,715Best | $19,161 |
| Fund Family | Alger | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | May 4, 2021 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 4, 2021 to Oct 9, 2026 (5.4 years).
ATFV 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 5.4 years both funds cover.
ATFV vs SPY Performance
Alger 35 ETF (ATFV) is an ETF from Alger and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year ATFV returned +13.64% while SPY returned +17.26%. Year to date, ATFV is up 16.96% versus a gain of 14.85% for SPY.
Over three years, ATFV compounded at +40.30% per year against +22.95% for SPY; over five years the annualized figures are +14.54% and +13.89% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ATFV has been the more volatile fund, with annualized monthly volatility of 23.8% 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 -45.3% for ATFV and -24.5% 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ATFV charges 0.56% per year while SPY charges 0.09%. On a $10,000 position that is $56 vs $9 annually, a gap of $47 per year that compounds over a long holding period. On income, ATFV currently yields 0.18% against 0.98% for SPY.
You are not choosing between two funds in isolation.
Whichever of ATFV 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, ATFV or SPY?
ATFV has an expense ratio of 0.56% while SPY charges 0.09%. SPY is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, ATFV or SPY?
Over the past year ATFV returned +13.64% vs +17.26% 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, ATFV or SPY?
ATFV has been the more volatile fund at 23.8% annualized versus 15.3% for SPY. Worst drawdown: ATFV -45.3% vs SPY -24.5%.
Should I hold both ATFV and SPY?
ATFV and SPY have a monthly-return correlation of 0.85, 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, ATFV or SPY?
ATFV yields 0.18% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than ATFV?
SPY has a lower expense ratio. ATFV led over 3Y, 5Y and the full window, SPY over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.