BAMV vs SPY
Brookstone Value Stock ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, BAMV or SPY?
Large Cap Value against Large Cap Blend.
SPY has a lower expense ratio. BAMV led over 1Y, SPY over 3Y and the full window. BAMV is less concentrated, with 37.0% of the fund in its ten largest positions against 37.8%.
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 | BAMV | SPY |
|---|---|---|
| Expense Ratio | 0.91% | 0.09%Best |
| AUM | $115M | $804.7B |
| Dividend Yield | 1.19% | 0.98% |
| Holdings | 101 | 505 |
| YTD Return | +13.24%Best | +12.09% |
| 1Y Return | +16.83%Best | +16.29% |
| 3Y Return (annualized) | +16.32% | +21.20%Best |
| 5Y Return (annualized) | - | +13.37% |
| Volatility (annualized) | 11.5%Best | 12.4% |
| Max Drawdown | -14.6%Best | -18.8% |
| $10,000 over 3 years | $15,738 | $18,581Best |
| Top 10 Weight | 37.0%Best | 37.8% |
| Fund Family | Brookstone Asset Management | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Sep 27, 2023 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Sep 27, 2023 to Sep 18, 2026 (3 years).
BAMV 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 3 years both funds cover.
BAMV vs SPY Performance
Brookstone Value Stock ETF (BAMV) is an ETF from Brookstone Asset Management and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year BAMV returned +16.83% while SPY returned +16.29%. Year to date, BAMV is up 13.24% versus a gain of 12.09% for SPY.
Over three years, BAMV compounded at +16.32% per year against +21.20% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 12.4% compared with 11.5% for BAMV. 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 -14.6% for BAMV and -18.8% 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BAMV charges 0.91% per year while SPY charges 0.09%. On a $10,000 position that is $91 vs $9 annually, a gap of $82 per year that compounds over a long holding period. On income, BAMV currently yields 1.19% against 0.98% for SPY.
Holdings Overlap
87.8% of BAMV's money is in holdings SPY also owns. 16.7% of SPY's money is in holdings BAMV also owns.
Most of BAMV is already inside SPY. Owning both mostly buys the same companies twice.
88 positions in common, counted across the 99 positions we hold weights for in BAMV and 504 in SPY, against full books of 101 and 505.
What only one of them owns
Our book lists 410 positions for SPY that do not appear in our book for BAMV (82.7% of the fund), and 8 for BAMV that do not appear in SPY (3.2%).
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 BAMV | Weight in SPY | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 8.65% | 5.66% | 2.99% |
| JPMJpmorgan Chase | 4.80% | 1.45% | 3.35% |
| CSCOCisco Systems Inc. - Ordinary Shares | 4.72% | 0.66% | 4.06% |
| BACBank of America Corp.: Financials | 4.64% | 0.62% | 4.02% |
| AXPAmerican Express Co. | 2.56% | 0.26% | 2.30% |
| VZVerizon Communic | 2.34% | 0.32% | 2.02% |
| DISWalt Disney Co | 2.31% | 0.28% | 2.03% |
| GILDGilead Sciences | 2.27% | 0.28% | 1.99% |
| QCOMQualcomm Inc. | 2.16% | 0.27% | 1.89% |
| UNPUnion Pacific Corp | 2.15% | 0.26% | 1.89% |
87.8% of BAMV 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, BAMV or SPY?
BAMV has an expense ratio of 0.91% while SPY charges 0.09%. SPY is the cheaper option, by $82 a year on a $10,000 investment.
Which performed better, BAMV or SPY?
Over the past year BAMV returned +16.83% vs +16.29% for SPY, so BAMV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BAMV or SPY?
SPY has been the more volatile fund at 12.4% annualized versus 11.5% for BAMV. Worst drawdown: BAMV -14.6% vs SPY -18.8%.
Should I hold both BAMV and SPY?
BAMV and SPY have a monthly-return correlation of 0.76, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BAMV and SPY?
87.8% of BAMV's money is in holdings SPY also owns. 16.7% of SPY's is in holdings BAMV also owns. They hold 88 positions in common, counted across the 99 positions we hold weights for in BAMV and 504 in SPY.
Which pays a higher dividend, BAMV or SPY?
BAMV yields 1.19% while SPY yields 0.98%, so BAMV currently pays the higher dividend yield.
Is SPY better than BAMV?
SPY has a lower expense ratio. BAMV led over 1Y, SPY over 3Y and the full window. BAMV is less concentrated, with 37.0% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.