BBLU vs SPY
BBLU vs SPY
EA Bridgeway Blue Chip ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. BBLU delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | BBLU | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.09% | |
| AUM | $442M | $789.1B | |
| Dividend Yield | 1.16% | 1.01% | |
| Holdings | 39 | 505 | |
| YTD Return | +14.25% | +13.79% | |
| 1Y Return | +25.31% | +23.66% | |
| 3Y Return (annualized) | +22.07% | +21.40% | |
| 5Y Return (annualized) | - | +13.37% | |
| Volatility (annualized) | 11.9% | 15.3% | |
| Max Drawdown | -17.2% | -56.5% | |
| Fund Family | Bridgeway Funds | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Jul 31, 1997 | Jan 22, 1993 |
BBLU vs SPY Performance
EA Bridgeway Blue Chip ETF (BBLU) is a ETF from Bridgeway Funds and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year BBLU returned +25.31% while SPY returned +23.66%. Year to date, BBLU is up 14.25% versus a gain of 13.79% for SPY.
Over three years, BBLU compounded at +22.07% per year against +21.40% for SPY. Across the full 4-year window we track, BBLU has the edge at +25.82% annualized vs +8.85%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 11.9% for BBLU. 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 -17.2% for BBLU 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 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BBLU charges 0.15% per year while SPY charges 0.09%. On a $10,000 position that is $15 vs $9 annually, a gap of $6 per year that compounds over a long holding period. On income, BBLU currently yields 1.16% against 1.01% for SPY.
Holdings Overlap
BBLU and SPY share 35 holdings out of 505 unique holdings combined, representing a 39.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in BBLU | Weight in SPY | Difference |
|---|---|---|---|
| NVDA | 3.97% | 7.31% | 3.34% |
| AAPL | 3.36% | 7.09% | 3.73% |
| AVGO | 4.61% | 2.73% | 1.88% |
| MSFT | Pro | Pro | Pro |
| AMZN | Pro | Pro | Pro |
| AMD | Pro | Pro | Pro |
| JPM:US | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
See all 10 holdings BBLU shares with SPY Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, BBLU or SPY?
BBLU has an expense ratio of 0.15% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $6 per year of difference.
Which performed better, BBLU or SPY?
Over the past year BBLU returned +25.31% vs +23.66% for SPY, so BBLU leads on 1-year performance. Over the longest common window we track (4 years), BBLU annualized +25.82% vs +8.85% for SPY. Past performance does not guarantee future results.
Which is riskier, BBLU or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 11.9% for BBLU. Worst drawdown: BBLU -17.2% vs SPY -56.5%.
Should I hold both BBLU and SPY?
BBLU and SPY have a monthly-return correlation of 0.97, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between BBLU and SPY?
BBLU and SPY share 35 common holdings with a 39.5% weight overlap. Combined, they hold 505 unique securities.
Which pays a higher dividend, BBLU or SPY?
BBLU yields 1.16% while SPY yields 1.01%, so BBLU currently pays the higher dividend yield.
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