BBB vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: SPYMore Diversified: SPY

Side-by-Side Comparison

MetricBBBSPYWinner
Expense Ratio0.98%0.09%
AUM$7M$789.1B
Dividend Yield0.16%1.01%
Holdings506505
YTD Return+2.36%+13.79%
1Y Return+1.96%+23.66%
3Y Return (annualized)+18.74%+21.40%
5Y Return (annualized)+18.74%+13.37%
Volatility (annualized)175859.2%15.3%
Max Drawdown-100.0%-56.5%
Fund FamilyCyber Hornet ETFState Street Investment Management
CategoryAlternativeEquity
InceptionDec 28, 2023Jan 22, 1993

BBB vs SPY Performance

Cyber Hornet S&P 500 and Bitcoin 75/25 Strategy ETF (BBB) is a ETF from Cyber Hornet ETF and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year BBB returned +1.96% while SPY returned +23.66%. Year to date, BBB is up 2.36% versus a gain of 13.79% for SPY.

Over three years, BBB compounded at +18.74% per year against +21.40% for SPY; over five years the annualized figures are +18.74% and +13.37% respectively. Across the full 15-year window we track, BBB has the edge at +63.49% annualized vs +8.85%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

BBB has been the more volatile fund, with annualized monthly volatility of 175859.2% 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 -100.0% for BBB 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 -0.03. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

BBB charges 0.98% per year while SPY charges 0.09%. On a $10,000 position that is $98 vs $9 annually, a gap of $89 per year that compounds over a long holding period. On income, BBB currently yields 0.16% against 1.01% for SPY.

Holdings Overlap

69.3%overlap

BBB and SPY share 469 holdings out of 517 unique holdings combined, representing a 69.3% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in BBBWeight in SPYDifference
NVDA5.83%7.31%1.48%
AAPL4.91%7.09%2.18%
MSFT3.71%4.43%0.72%
AMZNProProPro
GOOGProProPro
AVGOProProPro
METAProProPro
TSLAProProPro
MUProProPro
JPM:USProProPro
See all 10 holdings BBB shares with SPY
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, BBB or SPY?

BBB has an expense ratio of 0.98% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $89 per year of difference.

Which performed better, BBB or SPY?

Over the past year BBB returned +1.96% vs +23.66% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (15 years), BBB annualized +63.49% vs +8.85% for SPY. Past performance does not guarantee future results.

Which is riskier, BBB or SPY?

BBB has been the more volatile fund at 175859.2% annualized versus 15.3% for SPY. Worst drawdown: BBB -100.0% vs SPY -56.5%.

Should I hold both BBB and SPY?

BBB and SPY have a monthly-return correlation of -0.03, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between BBB and SPY?

BBB and SPY share 469 common holdings with a 69.3% weight overlap. Combined, they hold 517 unique securities.

Which pays a higher dividend, BBB or SPY?

BBB yields 0.16% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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