BBB vs SPY

BBB vs SPY

Which is better, BBB or SPY?

Multi Alternative against Large Cap Blend.

SPY has a lower expense ratio. BBB led over 5Y and the full window, SPY over 1Y and 3Y.

Lower Fees: SPYHigher Returns: split

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

MetricBBBSPY
Expense Ratio0.96%0.09%Best
AUM$8M$804.7B
Dividend Yield0.15%0.98%
Holdings509505
YTD Return+4.84%+11.45%Best
1Y Return+1.57%+15.87%Best
3Y Return (annualized)+18.98%+20.93%Best
5Y Return (annualized)+18.98%Best+12.59%
Volatility (annualized)173757.4%14.3%Best
Max Drawdown--34.1%
$10,000 over 5 years$23,843Best$18,093
Fund FamilyCyber Hornet ETFState Street Investment Management
CategoryAlternativeEquity
StyleMulti AlternativeLarge Cap Blend
InceptionDec 28, 2023Jan 22, 1993

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Jul 20, 2011 to Sep 15, 2026 (15.2 years).

BBB 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.

BBB vs SPY Performance

Cyber Hornet S&P 500 and Bitcoin 75/25 Strategy ETF (BBB) is an ETF from Cyber Hornet ETF and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year BBB returned +1.57% while SPY returned +15.87%. Year to date, BBB is up 4.84% versus a gain of 11.45% for SPY.

Over three years, BBB compounded at +18.98% per year against +20.93% for SPY; over five years the annualized figures are +18.98% and +12.59% respectively. Across the full 15-year window we track, BBB has the edge at +63.18% annualized vs +12.73%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

BBB has been the more volatile fund, with annualized monthly volatility of 173757.4% compared with 14.3% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The two funds' monthly returns correlate at -0.02. They move largely independently of each other.

Fees and Cost Over Time

BBB charges 0.96% per year while SPY charges 0.09%. On a $10,000 position that is $96 vs $9 annually, a gap of $87 per year that compounds over a long holding period. On income, BBB currently yields 0.15% against 0.98% for SPY.

Holdings Overlap

SPY already in BBB99.4%

At least 99.4% of SPY's money is in holdings BBB also owns.

Stated as a floor: for BBB, our book for it covers 59.5% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.

Most of SPY is already inside BBB. Owning both mostly buys the same companies twice.

498 positions in common, counted across the 503 positions we hold weights for in BBB and 504 in SPY, against full books of 509 and 505.

Top Shared Holdings

StockWeight in BBBWeight in SPYDifference
NVDANvidia Corp4.81%8.01%3.20%
AAPLApple, Inc4.20%7.26%3.06%
MSFTMicrosoft Corp3.38%5.66%2.28%
AMZNAmazon.Com Inc2.28%3.79%1.51%
GOOGLAlphabet Inc,class A1.79%2.99%1.20%
AVGOBroadcom Inc1.57%2.66%1.09%
GOOGAlphabet Inc1.43%2.39%0.96%
METAMeta Platforms Inc1.13%1.93%0.80%
MUMicron Technology, Inc.0.97%1.60%0.63%
TSLATesla Inc0.93%1.52%0.59%

99.4% of SPY is already inside BBB.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

BBBSPY

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, BBB or SPY?

BBB has an expense ratio of 0.96% while SPY charges 0.09%. SPY is the cheaper option, by $87 a year on a $10,000 investment.

Which performed better, BBB or SPY?

Over the past year BBB returned +1.57% vs +15.87% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (15 years), BBB annualized +63.18% vs +12.73% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, BBB or SPY?

BBB has been the more volatile fund at 173757.4% annualized versus 14.3% for SPY.

Should I hold both BBB and SPY?

BBB and SPY have a monthly-return correlation of -0.02, 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 BBB and SPY?

At least 99.4% of SPY's money is in holdings BBB also owns. Our book for BBB is partial, so the real figure is this or higher. They hold 498 positions in common, counted across the 503 positions we hold weights for in BBB and 504 in SPY.

Which pays a higher dividend, BBB or SPY?

BBB yields 0.15% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.

Is SPY better than BBB?

SPY has a lower expense ratio. BBB led over 5Y and the full window, SPY over 1Y and 3Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.