BCUS vs SPY
Bancreek US Large Cap ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, BCUS or SPY?
SPY has been ahead.
SPY has a lower expense ratio. SPY led over 1Y and the full window. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 40.2%.
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 | BCUS | SPY |
|---|---|---|
| Expense Ratio | 0.70% | 0.09%Best |
| AUM | $152M | $804.7B |
| Dividend Yield | 0.28% | 0.98% |
| Holdings | 31 | 505 |
| YTD Return | +4.91% | +12.09%Best |
| 1Y Return | +4.28% | +16.29%Best |
| 3Y Return (annualized) | - | +21.20% |
| 5Y Return (annualized) | - | +13.37% |
| Volatility (annualized) | 12.7% | 11.8%Best |
| Max Drawdown | -18.2%Best | -18.8% |
| $10,000 over 2.7 years | $13,576 | $16,467Best |
| Top 10 Weight | 40.2% | 37.8%Best |
| Fund Family | Bancreek Capital Advisors | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 20, 2023 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Dec 21, 2023 to Sep 18, 2026 (2.7 years).
BCUS 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 2.7 years both funds cover.
BCUS vs SPY Performance
Bancreek US Large Cap ETF (BCUS) is an ETF from Bancreek Capital Advisors and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year BCUS returned +4.28% while SPY returned +16.29%. Year to date, BCUS is up 4.91% versus a gain of 12.09% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BCUS has been the more volatile fund, with annualized monthly volatility of 12.7% compared with 11.8% 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 -18.2% for BCUS 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 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BCUS charges 0.70% per year while SPY charges 0.09%. On a $10,000 position that is $70 vs $9 annually, a gap of $61 per year that compounds over a long holding period. On income, BCUS currently yields 0.28% against 0.98% for SPY.
Holdings Overlap
55.0% of BCUS's money is in holdings SPY also owns. 15.8% of SPY's money is in holdings BCUS also owns.
The two portfolios partly overlap.
17 positions in common, counted across the 30 positions we hold weights for in BCUS and 504 in SPY, against full books of 31 and 505.
What only one of them owns
Our book lists 480 positions for SPY that do not appear in our book for BCUS (83.5% of the fund), and 8 for BCUS that do not appear in SPY (26.2%).
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.
Top Shared Holdings
| Stock | Weight in BCUS | Weight in SPY | Difference |
|---|---|---|---|
| NVDANvidia Corp | 4.06% | 8.01% | 3.95% |
| AVGOBroadcom Inc | 4.17% | 2.66% | 1.51% |
| METAMeta Platforms Inc | 4.29% | 1.93% | 2.36% |
| LLYEli Lilly & Co. | 2.79% | 1.40% | 1.39% |
| RCLRoyal Caribbean Cruises | 3.61% | 0.10% | 3.51% |
| APHAmphenol Corp. Class A | 3.20% | 0.31% | 2.89% |
| CATCaterpillar, Inc. | 2.96% | 0.55% | 2.41% |
| CBOECboe Global Market | 3.21% | 0.05% | 3.16% |
| BKBank Of New York Mellon Corp | 3.07% | 0.17% | 2.90% |
| APPAppLovin Corp. Com Cl A | 3.06% | 0.13% | 2.93% |
55.0% of BCUS is already inside SPY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BCUS or SPY?
BCUS has an expense ratio of 0.70% while SPY charges 0.09%. SPY is the cheaper option, by $61 a year on a $10,000 investment.
Which performed better, BCUS or SPY?
Over the past year BCUS returned +4.28% 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, BCUS or SPY?
BCUS has been the more volatile fund at 12.7% annualized versus 11.8% for SPY. Worst drawdown: BCUS -18.2% vs SPY -18.8%.
Should I hold both BCUS and SPY?
BCUS and SPY have a monthly-return correlation of 0.78, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BCUS and SPY?
55.0% of BCUS's money is in holdings SPY also owns. 15.8% of SPY's is in holdings BCUS also owns. They hold 17 positions in common, counted across the 30 positions we hold weights for in BCUS and 504 in SPY.
Which pays a higher dividend, BCUS or SPY?
BCUS yields 0.28% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than BCUS?
SPY has a lower expense ratio. SPY led over 1Y and the full window. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 40.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.