BAMY vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.

Lower Fees: SPYHigher Returns: SPYMore Diversified: SPY

Side-by-Side Comparison

MetricBAMYSPYWinner
Expense Ratio1.46%0.09%
AUM$44M$789.1B
Dividend Yield6.97%1.01%
Holdings6505
YTD Return+0.68%+14.47%
1Y Return+5.93%+21.96%
3Y Return (annualized)-+21.70%
5Y Return (annualized)-+13.30%
Volatility (annualized)4.8%15.3%
Max Drawdown-6.0%-56.5%
Fund FamilyBrookstone Asset ManagementState Street Investment Management
CategoryEquityEquity
InceptionSep 28, 2023Jan 22, 1993

BAMY vs SPY Performance

Brookstone Yield ETF (BAMY) 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 BAMY returned +5.93% while SPY returned +21.96%. Year to date, BAMY is up 0.68% versus a gain of 14.47% for SPY.

Risk: Volatility and Drawdowns

SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 4.8% for BAMY. 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 -6.0% for BAMY 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 0.79. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

BAMY charges 1.46% per year while SPY charges 0.09%. On a $10,000 position that is $146 vs $9 annually, a gap of $137 per year that compounds over a long holding period. On income, BAMY currently yields 6.97% against 1.01% for SPY.

Holdings Overlap

0.0%overlap

BAMY and SPY share 0 holdings out of 507 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, BAMY or SPY?

BAMY has an expense ratio of 1.46% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $137 per year of difference.

Which performed better, BAMY or SPY?

Over the past year BAMY returned +5.93% vs +21.96% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (3 years), BAMY annualized +10.23% vs +8.87% for SPY. Past performance does not guarantee future results.

Which is riskier, BAMY or SPY?

SPY has been the more volatile fund at 15.3% annualized versus 4.8% for BAMY. Worst drawdown: BAMY -6.0% vs SPY -56.5%.

Should I hold both BAMY and SPY?

BAMY and SPY have a monthly-return correlation of 0.79, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between BAMY and SPY?

BAMY and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 507 unique securities.

Which pays a higher dividend, BAMY or SPY?

BAMY yields 6.97% while SPY yields 1.01%, so BAMY currently pays the higher dividend yield.

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