BDRY vs SPY
Breakwave Dry Bulk Shipping ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, BDRY or SPY?
Mid Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. BDRY led over 1Y and 3Y, SPY over 5Y and the full window.
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 | BDRY | SPY |
|---|---|---|
| Expense Ratio | 3.50% | 0.09%Best |
| AUM | $36M | $804.7B |
| Dividend Yield | 0.00% | 0.98% |
| Holdings | 20 | 505 |
| YTD Return | +86.64%Best | +12.22% |
| 1Y Return | +93.98%Best | +16.97% |
| 3Y Return (annualized) | +40.72%Best | +21.16% |
| 5Y Return (annualized) | -12.47% | +13.00%Best |
| Volatility (annualized) | 70.0% | 16.4%Best |
| Max Drawdown | -89.2% | -34.1%Best |
| $10,000 over 5 years | $5,138 | $18,424Best |
| Fund Family | Amplify ETFs | State Street Investment Management |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | Mar 22, 2018 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Mar 22, 2018 to Sep 17, 2026 (8.5 years).
BDRY 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 8.5 years both funds cover.
BDRY vs SPY Performance
Breakwave Dry Bulk Shipping ETF (BDRY) is an ETF from Amplify ETFs and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year BDRY returned +93.98% while SPY returned +16.97%. Year to date, BDRY is up 86.64% versus a gain of 12.22% for SPY.
Over three years, BDRY compounded at +40.72% per year against +21.16% for SPY; over five years the annualized figures are -12.47% and +13.00% respectively. Across the full 9-year window we track, SPY has the edge at +14.32% annualized vs -5.49%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BDRY has been the more volatile fund, with annualized monthly volatility of 70.0% compared with 16.4% 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 -89.2% for BDRY and -34.1% 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 0.16. They move largely independently of each other.
Fees and Cost Over Time
BDRY charges 3.50% per year while SPY charges 0.09%. On a $10,000 position that is $350 vs $9 annually, a gap of $341 per year that compounds over a long holding period. On income, BDRY currently yields 0.00% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 1 holding in BDRY and 504 in SPY, totalling 23.4% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in BDRY and 504 in SPY, against full books of 20 and 505.
You are not choosing between two funds in isolation.
Whichever of BDRY and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BDRY or SPY?
BDRY has an expense ratio of 3.50% while SPY charges 0.09%. SPY is the cheaper option, by $341 a year on a $10,000 investment.
Which performed better, BDRY or SPY?
Over the past year BDRY returned +93.98% vs +16.97% for SPY, so BDRY leads on 1-year performance. Over the longest common window we track (9 years), BDRY annualized -5.49% vs +14.32% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BDRY or SPY?
BDRY has been the more volatile fund at 70.0% annualized versus 16.4% for SPY. Worst drawdown: BDRY -89.2% vs SPY -34.1%.
Should I hold both BDRY and SPY?
BDRY and SPY have a monthly-return correlation of 0.16, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BDRY or SPY?
BDRY yields 0.00% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than BDRY?
SPY has a lower expense ratio. BDRY led over 1Y and 3Y, SPY over 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.