BCIL vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: SPYMore Diversified: SPY

Side-by-Side Comparison

MetricBCILSPYWinner
Expense Ratio0.80%0.09%
AUM$90M$789.1B
Dividend Yield0.74%1.01%
Holdings31505
YTD Return+7.20%+13.75%
1Y Return+2.32%+22.91%
3Y Return (annualized)-+21.67%
5Y Return (annualized)-+13.32%
Volatility (annualized)15.7%15.3%
Max Drawdown-16.2%-56.5%
Fund FamilyBancreek Capital AdvisorsState Street Investment Management
CategoryEquityEquity
InceptionMar 21, 2024Jan 22, 1993

BCIL vs SPY Performance

Bancreek International Large Cap ETF (BCIL) is a ETF from Bancreek Capital Advisors and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year BCIL returned +2.32% while SPY returned +22.91%. Year to date, BCIL is up 7.20% versus a gain of 13.75% for SPY.

Risk: Volatility and Drawdowns

BCIL has been the more volatile fund, with annualized monthly volatility of 15.7% 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 -16.2% for BCIL 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 0.61. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

BCIL charges 0.80% per year while SPY charges 0.09%. On a $10,000 position that is $80 vs $9 annually, a gap of $71 per year that compounds over a long holding period. On income, BCIL currently yields 0.74% against 1.01% for SPY.

Holdings Overlap

0.0%overlap

BCIL and SPY share 0 holdings out of 533 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, BCIL or SPY?

BCIL has an expense ratio of 0.80% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $71 per year of difference.

Which performed better, BCIL or SPY?

Over the past year BCIL returned +2.32% vs +22.91% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), BCIL annualized +8.27% vs +8.85% for SPY. Past performance does not guarantee future results.

Which is riskier, BCIL or SPY?

BCIL has been the more volatile fund at 15.7% annualized versus 15.3% for SPY. Worst drawdown: BCIL -16.2% vs SPY -56.5%.

Should I hold both BCIL and SPY?

BCIL and SPY have a monthly-return correlation of 0.61, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between BCIL and SPY?

BCIL and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 533 unique securities.

Which pays a higher dividend, BCIL or SPY?

BCIL yields 0.74% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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