BEDY vs SPY
BNY Mellon Enhanced Dividend and Income ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, BEDY or SPY?
Large Cap Value against Large Cap Blend.
SPY has a lower expense ratio. BEDY led over 1Y. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 40.6%.
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 | BEDY | SPY |
|---|---|---|
| Expense Ratio | 0.50% | 0.09%Best |
| AUM | $241M | $804.7B |
| Dividend Yield | 4.50% | 0.98% |
| Holdings | 61 | 505 |
| YTD Return | +15.10%Best | +13.82% |
| 1Y Return | - | +16.96% |
| 3Y Return (annualized) | - | +22.97% |
| 5Y Return (annualized) | - | +13.73% |
| Top 10 Weight | 40.6% | 37.8%Best |
| Fund Family | BNY Mellon Investment Management | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Dec 8, 2025 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
BEDY 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
BEDY vs SPY Performance
BNY Mellon Enhanced Dividend and Income ETF (BEDY) is an ETF from BNY Mellon Investment Management and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, BEDY is up 15.10% versus a gain of 13.82% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
BEDY charges 0.50% per year while SPY charges 0.09%. On a $10,000 position that is $50 vs $9 annually, a gap of $41 per year that compounds over a long holding period. On income, BEDY currently yields 4.50% against 0.98% for SPY.
Holdings Overlap
82.6% of BEDY's money is in holdings SPY also owns. 18.3% of SPY's money is in holdings BEDY also owns.
Most of BEDY is already inside SPY. Owning both mostly buys the same companies twice.
51 positions in common, counted across the 58 positions we hold weights for in BEDY and 504 in SPY, against full books of 61 and 505.
What only one of them owns
Our book lists 447 positions for SPY that do not appear in our book for BEDY (81.1% of the fund), and 6 for BEDY that do not appear in SPY (16.4%).
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 BEDY | Weight in SPY | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 5.15% | 5.66% | 0.51% |
| JPMJpmorgan Chase | 4.01% | 1.45% | 2.56% |
| UNHUnitedhealth Group Incorporated | 3.29% | 0.55% | 2.74% |
| JNJJohnson & Johnson - Common | 2.70% | 0.99% | 1.71% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.78% | 0.66% | 2.12% |
| TBBAt&t Inc | 3.00% | 0.27% | 2.73% |
| FITBFifth Third Bancorp | 3.08% | 0.07% | 3.01% |
| CLColgate-Palmolive Co | 3.02% | 0.11% | 2.91% |
| SLBSchlumberger Nv. | 2.95% | 0.13% | 2.82% |
| AIZAssurant, Inc. | 2.68% | 0.02% | 2.66% |
82.6% of BEDY 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, BEDY or SPY?
BEDY has an expense ratio of 0.50% while SPY charges 0.09%. SPY is the cheaper option, by $41 a year on a $10,000 investment.
What is the holdings overlap between BEDY and SPY?
82.6% of BEDY's money is in holdings SPY also owns. 18.3% of SPY's is in holdings BEDY also owns. They hold 51 positions in common, counted across the 58 positions we hold weights for in BEDY and 504 in SPY.
Which pays a higher dividend, BEDY or SPY?
BEDY yields 4.50% while SPY yields 0.98%, so BEDY currently pays the higher dividend yield.
Is SPY better than BEDY?
SPY has a lower expense ratio. BEDY led over 1Y. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 40.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.