BFIX vs SPY
Build Bond Innovation ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, BFIX or SPY?
Long Term High Quality against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y 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 | BFIX | SPY |
|---|---|---|
| Expense Ratio | 0.45% | 0.09%Best |
| AUM | $14M | $804.7B |
| Dividend Yield | 3.83% | 0.98% |
| Holdings | 118 | 505 |
| YTD Return | +0.04% | +12.09%Best |
| 1Y Return | +1.26% | +16.29%Best |
| 3Y Return (annualized) | +7.24% | +21.20%Best |
| 5Y Return (annualized) | - | +13.37% |
| Volatility (annualized) | 3.7%Best | 15.6% |
| Max Drawdown | -8.0%Best | -22.1% |
| $10,000 over 4.6 years | $11,715 | $18,014Best |
| Fund Family | BUILD FUNDS TRUST | State Street Investment Management |
| Category | Fixed Income | Equity |
| Style | Long Term High Quality | Large Cap Blend |
| Inception | Feb 9, 2022 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.6 years row, are measured over the window both funds cover: Feb 10, 2022 to Sep 18, 2026 (4.6 years).
BFIX 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 4.6 years both funds cover.
BFIX vs SPY Performance
Build Bond Innovation ETF (BFIX) is an ETF from BUILD FUNDS TRUST and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year BFIX returned +1.26% while SPY returned +16.29%. Year to date, BFIX is up 0.04% versus a gain of 12.09% for SPY.
Over three years, BFIX compounded at +7.24% per year against +21.20% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.6% compared with 3.7% for BFIX. 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 -8.0% for BFIX and -22.1% 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 0.54. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BFIX charges 0.45% per year while SPY charges 0.09%. On a $10,000 position that is $45 vs $9 annually, a gap of $36 per year that compounds over a long holding period. On income, BFIX currently yields 3.83% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 89 holdings in BFIX and 504 in SPY, totalling 31.7% and 99.9% of the two funds. That is not enough of BFIX to divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 89 positions we hold weights for in BFIX and 504 in SPY, against full books of 118 and 505.
Top Shared Holdings
| Stock | Weight in BFIX | Weight in SPY | Difference |
|---|---|---|---|
| CPTCamden Property Trust Common Stock | 0.07% | 0.02% | 0.05% |
You are not choosing between two funds in isolation.
Whichever of BFIX 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, BFIX or SPY?
BFIX has an expense ratio of 0.45% while SPY charges 0.09%. SPY is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, BFIX or SPY?
Over the past year BFIX returned +1.26% 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, BFIX or SPY?
SPY has been the more volatile fund at 15.6% annualized versus 3.7% for BFIX. Worst drawdown: BFIX -8.0% vs SPY -22.1%.
Should I hold both BFIX and SPY?
BFIX and SPY have a monthly-return correlation of 0.54, 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, BFIX or SPY?
BFIX yields 3.83% while SPY yields 0.98%, so BFIX currently pays the higher dividend yield.
Is SPY better than BFIX?
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.