BBBI vs SPY
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, BBBI or SPY?
SPY has been ahead.
SPY has a lower expense ratio. SPY led over 1Y and the full window.
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 | BBBI | SPY |
|---|---|---|
| Expense Ratio | 0.19% | 0.09%Best |
| AUM | $170M | $804.7B |
| Dividend Yield | 4.90% | 0.98% |
| Holdings | 1,004 | 505 |
| YTD Return | -1.55% | +12.09%Best |
| 1Y Return | -0.68% | +16.29%Best |
| 3Y Return (annualized) | - | +21.20% |
| 5Y Return (annualized) | - | +13.37% |
| Volatility (annualized) | 4.6%Best | 12.0% |
| Max Drawdown | -4.1%Best | -18.8% |
| $10,000 over 2.6 years | $11,204 | $15,943Best |
| Fund Family | BondBloxx | State Street Investment Management |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Blend |
| Inception | Jan 16, 2024 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Jan 25, 2024 to Sep 18, 2026 (2.6 years).
BBBI 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 2.6 years both funds cover.
BBBI vs SPY Performance
BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (BBBI) is an ETF from BondBloxx and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year BBBI returned -0.68% while SPY returned +16.29%. Year to date, BBBI is down 1.55% versus a gain of 12.09% 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 12.0% compared with 4.6% for BBBI. 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 -4.1% for BBBI 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 0.48. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BBBI charges 0.19% per year while SPY charges 0.09%. On a $10,000 position that is $19 vs $9 annually, a gap of $10 per year that compounds over a long holding period. On income, BBBI currently yields 4.90% against 0.98% for SPY.
Holdings Overlap
At least 0.1% of SPY's money is in holdings BBBI also owns.
Stated as a floor: for BBBI, our book for it covers 67.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 679 positions we hold weights for in BBBI and 504 in SPY, against full books of 1,004 and 505.
Top Shared Holdings
| Stock | Weight in BBBI | Weight in SPY | Difference |
|---|---|---|---|
| AONAon Public Limited Company Cl. A | 0.08% | 0.11% | 0.03% |
You are not choosing between two funds in isolation.
Whichever of BBBI and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BBBI or SPY?
BBBI has an expense ratio of 0.19% while SPY charges 0.09%. SPY is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, BBBI or SPY?
Over the past year BBBI returned -0.68% vs +16.29% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BBBI or SPY?
SPY has been the more volatile fund at 12.0% annualized versus 4.6% for BBBI. Worst drawdown: BBBI -4.1% vs SPY -18.8%.
Should I hold both BBBI and SPY?
BBBI and SPY have a monthly-return correlation of 0.48, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BBBI or SPY?
BBBI yields 4.90% while SPY yields 0.98%, so BBBI currently pays the higher dividend yield.
Is SPY better than BBBI?
SPY has a lower expense ratio. SPY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.