BCCC vs SPY
Global X Bitcoin Covered Call ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | BCCC | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.09% | |
| AUM | $9M | $789.1B | |
| Dividend Yield | 66.74% | 1.01% | |
| Holdings | 10 | 505 | |
| YTD Return | -28.30% | +13.79% | |
| 1Y Return | -40.27% | +23.66% | |
| 3Y Return (annualized) | - | +21.40% | |
| 5Y Return (annualized) | - | +13.37% | |
| Volatility (annualized) | 31.5% | 15.3% | |
| Max Drawdown | -46.0% | -56.5% | |
| Fund Family | Global X by mirae Asset | State Street Investment Management | |
| Category | Alternative | Equity | |
| Inception | Jun 3, 2025 | Jan 22, 1993 |
BCCC vs SPY Performance
Global X Bitcoin Covered Call ETF (BCCC) is a ETF from Global X by mirae Asset and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year BCCC returned -40.27% while SPY returned +23.66%. Year to date, BCCC is down 28.30% versus a gain of 13.79% for SPY.
Risk: Volatility and Drawdowns
BCCC has been the more volatile fund, with annualized monthly volatility of 31.5% 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 -46.0% for BCCC 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 0.37. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BCCC charges 0.75% per year while SPY charges 0.09%. On a $10,000 position that is $75 vs $9 annually, a gap of $66 per year that compounds over a long holding period. On income, BCCC currently yields 66.74% against 1.01% for SPY.
Holdings Overlap
BCCC and SPY share 0 holdings out of 504 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, BCCC or SPY?
BCCC has an expense ratio of 0.75% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $66 per year of difference.
Which performed better, BCCC or SPY?
Over the past year BCCC returned -40.27% vs +23.66% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), BCCC annualized -27.45% vs +8.85% for SPY. Past performance does not guarantee future results.
Which is riskier, BCCC or SPY?
BCCC has been the more volatile fund at 31.5% annualized versus 15.3% for SPY. Worst drawdown: BCCC -46.0% vs SPY -56.5%.
Should I hold both BCCC and SPY?
BCCC and SPY have a monthly-return correlation of 0.37, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BCCC and SPY?
BCCC and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 504 unique securities.
Which pays a higher dividend, BCCC or SPY?
BCCC yields 66.74% while SPY yields 1.01%, so BCCC currently pays the higher dividend yield.
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