BDIV 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

MetricBDIVSPYWinner
Expense Ratio0.49%0.09%
AUM$6M$789.1B
Dividend Yield1.06%1.01%
Holdings38505
YTD Return+11.10%+13.75%
1Y Return+19.47%+22.91%
3Y Return (annualized)-+21.67%
5Y Return (annualized)-+13.32%
Volatility (annualized)11.0%15.3%
Max Drawdown-15.0%-56.5%
Fund FamilyAdvisors Asset Management, Inc.State Street Investment Management
CategoryEquityEquity
InceptionJul 30, 2024Jan 22, 1993

BDIV vs SPY Performance

AAM Brentview Dividend Growth ETF (BDIV) is a ETF from Advisors Asset Management, Inc. and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year BDIV returned +19.47% while SPY returned +22.91%. Year to date, BDIV is up 11.10% versus a gain of 13.75% for SPY.

Risk: Volatility and Drawdowns

SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 11.0% for BDIV. 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 -15.0% for BDIV 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 0.83. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

BDIV charges 0.49% per year while SPY charges 0.09%. On a $10,000 position that is $49 vs $9 annually, a gap of $40 per year that compounds over a long holding period. On income, BDIV currently yields 1.06% against 1.01% for SPY.

Holdings Overlap

27.1%overlap

BDIV and SPY share 34 holdings out of 506 unique holdings combined, representing a 27.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in BDIVWeight in SPYDifference
AAPL5.25%7.09%1.84%
MSFT6.67%4.43%2.24%
GOOG3.31%2.66%0.65%
AVGOProProPro
JPM:USProProPro
LRCXProProPro
LLYProProPro
JNJProProPro
PMProProPro
CVXProProPro
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Frequently Asked Questions

Which is cheaper, BDIV or SPY?

BDIV has an expense ratio of 0.49% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $40 per year of difference.

Which performed better, BDIV or SPY?

Over the past year BDIV returned +19.47% vs +22.91% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), BDIV annualized +16.63% vs +8.85% for SPY. Past performance does not guarantee future results.

Which is riskier, BDIV or SPY?

SPY has been the more volatile fund at 15.3% annualized versus 11.0% for BDIV. Worst drawdown: BDIV -15.0% vs SPY -56.5%.

Should I hold both BDIV and SPY?

BDIV and SPY have a monthly-return correlation of 0.83, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between BDIV and SPY?

BDIV and SPY share 34 common holdings with a 27.1% weight overlap. Combined, they hold 506 unique securities.

Which pays a higher dividend, BDIV or SPY?

BDIV yields 1.06% while SPY yields 1.01%, so BDIV currently pays the higher dividend yield.

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