AVRY vs SPY
Avory Foundational ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, AVRY or SPY?
SPY costs less.
SPY has a lower expense ratio. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 59.3%.
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 | AVRY | SPY |
|---|---|---|
| Expense Ratio | 0.89% | 0.09%Best |
| AUM | $69M | $814.4B |
| Dividend Yield | 0.00% | 1.01% |
| Holdings | 28 | 505 |
| YTD Return | +1.72% | +13.34%Best |
| 1Y Return | - | +19.97% |
| 3Y Return (annualized) | - | +21.20% |
| 5Y Return (annualized) | - | +12.81% |
| Top 10 Weight | 59.3% | 38.0%Best |
| Fund Family | Avory & Company., LLC | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 21, 2026 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
AVRY 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
AVRY vs SPY Performance
Avory Foundational ETF (AVRY) is an ETF from Avory & Company., LLC and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, AVRY is up 1.72% versus a gain of 13.34% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
AVRY charges 0.89% per year while SPY charges 0.09%. On a $10,000 position that is $89 vs $9 annually, a gap of $80 per year that compounds over a long holding period. On income, AVRY currently yields 0.00% against 1.01% for SPY.
Holdings Overlap
40.5% of AVRY's money is in holdings SPY also owns. 8.0% of SPY's money is in holdings AVRY also owns.
The two portfolios partly overlap.
10 positions in common, counted across the 27 positions we hold weights for in AVRY and 504 in SPY, against full books of 28 and 505.
What only one of them owns
Our book lists 486 positions for SPY that do not appear in our book for AVRY (91.5% of the fund), and 15 for AVRY that do not appear in SPY (55.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in AVRY | Weight in SPY | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 5.61% | 4.08% | 1.53% |
| SQBlock Inc | 7.78% | 0.07% | 7.71% |
| METAMeta Platform Inc | 4.61% | 1.94% | 2.67% |
| ABNBAirbnb Inc | 5.73% | 0.09% | 5.64% |
| BXBlackstone Group Inc. Class A | 5.61% | 0.15% | 5.46% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.53% | 0.72% | 1.81% |
| SBUXStarbucks Corp | 3.01% | 0.18% | 2.83% |
| CRMSalesforce Inc Crm Us Equity | 2.15% | 0.23% | 1.92% |
| UBERUber Technologies Inc | 1.76% | 0.22% | 1.54% |
| NEENextera Energy Inc | 1.68% | 0.27% | 1.41% |
40.5% of AVRY is already inside SPY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AVRY or SPY?
AVRY has an expense ratio of 0.89% while SPY charges 0.09%. SPY is the cheaper option, by $80 a year on a $10,000 investment.
What is the holdings overlap between AVRY and SPY?
40.5% of AVRY's money is in holdings SPY also owns. 8.0% of SPY's is in holdings AVRY also owns. They hold 10 positions in common, counted across the 27 positions we hold weights for in AVRY and 504 in SPY.
Which pays a higher dividend, AVRY or SPY?
AVRY yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
Is SPY better than AVRY?
SPY has a lower expense ratio. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 59.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.