BAMO vs SPY
Brookstone Opportunities 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 505 holdings.
Side-by-Side Comparison
| Metric | BAMO | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 1.06% | 0.09% | |
| AUM | $47M | $821.1B | |
| Dividend Yield | 1.45% | 1.01% | |
| Holdings | 7 | 505 | |
| YTD Return | +6.80% | +12.22% | |
| 1Y Return | +11.90% | +20.83% | |
| 3Y Return (annualized) | +13.45% | +21.70% | |
| 5Y Return (annualized) | - | +12.98% | |
| Volatility (annualized) | 7.5% | 15.3% | |
| Max Drawdown | -12.7% | -56.5% | |
| Fund Family | Brookstone Asset Management | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Sep 28, 2023 | Jan 22, 1993 |
BAMO vs SPY Performance
Brookstone Opportunities ETF (BAMO) is a ETF from Brookstone Asset Management and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year BAMO returned +11.90% while SPY returned +20.83%. Year to date, BAMO is up 6.80% versus a gain of 12.22% for SPY.
Over three years, BAMO compounded at +13.45% per year against +21.70% for SPY. Across the full 3-year window we track, BAMO has the edge at +13.45% annualized vs +8.79%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 7.5% for BAMO. 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 -12.7% for BAMO 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 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BAMO charges 1.06% per year while SPY charges 0.09%. On a $10,000 position that is $106 vs $9 annually, a gap of $97 per year that compounds over a long holding period. On income, BAMO currently yields 1.45% against 1.01% for SPY.
Holdings Overlap
BAMO and SPY share 0 holdings out of 509 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, BAMO or SPY?
BAMO has an expense ratio of 1.06% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $97 per year of difference.
Which performed better, BAMO or SPY?
Over the past year BAMO returned +11.90% vs +20.83% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (3 years), BAMO annualized +13.45% vs +8.79% for SPY. Past performance does not guarantee future results.
Which is riskier, BAMO or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 7.5% for BAMO. Worst drawdown: BAMO -12.7% vs SPY -56.5%.
Should I hold both BAMO and SPY?
BAMO and SPY have a monthly-return correlation of 0.98, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between BAMO and SPY?
BAMO and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, BAMO or SPY?
BAMO yields 1.45% while SPY yields 1.01%, so BAMO currently pays the higher dividend yield.
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