BBIN vs SPY
JPMorgan BetaBuilders International Equity ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, BBIN or SPY?
SPY has been ahead.
BBIN has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. BBIN is less concentrated, with 13.9% 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 | BBIN | SPY |
|---|---|---|
| Expense Ratio | 0.07%Best | 0.09% |
| AUM | $6.7B | $804.7B |
| Dividend Yield | 3.56% | 0.98% |
| Holdings | 645 | 505 |
| YTD Return | +7.52% | +12.99%Best |
| 1Y Return | +14.69% | +16.73%Best |
| 3Y Return (annualized) | +17.67% | +22.52%Best |
| 5Y Return (annualized) | +8.44% | +13.07%Best |
| Volatility (annualized) | 16.7%Best | 16.9% |
| Max Drawdown | -33.4%Best | -34.1% |
| $10,000 over 5 years | $14,995 | $18,481Best |
| Top 10 Weight | 13.9%Best | 37.8% |
| Fund Family | J.P. Morgan Asset Management | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 3, 2019 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: Dec 5, 2019 to Sep 23, 2026 (6.8 years).
BBIN 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 6.8 years both funds cover.
BBIN vs SPY Performance
JPMorgan BetaBuilders International Equity ETF (BBIN) is an ETF from J.P. Morgan Asset Management and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year BBIN returned +14.69% while SPY returned +16.73%. Year to date, BBIN is up 7.52% versus a gain of 12.99% for SPY.
Over three years, BBIN compounded at +17.67% per year against +22.52% for SPY; over five years the annualized figures are +8.44% and +13.07% respectively. Across the full 7-year window we track, SPY has the edge at +15.41% annualized vs +9.52%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 16.9% compared with 16.7% for BBIN. 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 -33.4% for BBIN and -34.1% 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BBIN charges 0.07% per year while SPY charges 0.09%. On a $10,000 position that is $7 vs $9 annually, a gap of $2 per year that compounds over a long holding period. On income, BBIN currently yields 3.56% against 0.98% for SPY.
Holdings Overlap
0.2% of BBIN's money is in holdings SPY also owns. 0.1% of SPY's money is in holdings BBIN also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
2 positions in common, counted across the 600 positions we hold weights for in BBIN and 504 in SPY, against full books of 645 and 505.
What only one of them owns
Our book lists 495 positions for SPY that do not appear in our book for BBIN (99.3% of the fund), and 18 for BBIN that do not appear in SPY (5.5%).
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.
You are not choosing between two funds in isolation.
Whichever of BBIN 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, BBIN or SPY?
BBIN has an expense ratio of 0.07% while SPY charges 0.09%. BBIN is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, BBIN or SPY?
Over the past year BBIN returned +14.69% vs +16.73% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (7 years), BBIN annualized +9.52% vs +15.41% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BBIN or SPY?
SPY has been the more volatile fund at 16.9% annualized versus 16.7% for BBIN. Worst drawdown: BBIN -33.4% vs SPY -34.1%.
Should I hold both BBIN and SPY?
BBIN and SPY have a monthly-return correlation of 0.83, 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, BBIN or SPY?
BBIN yields 3.56% while SPY yields 0.98%, so BBIN currently pays the higher dividend yield.
Is SPY better than BBIN?
BBIN has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. BBIN is less concentrated, with 13.9% 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.