BFJL vs SPY
FT Vest Bitcoin Strategy Floor15 ETF - July vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | BFJL | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.90% | 0.09% | |
| AUM | $3M | $789.1B | |
| Dividend Yield | 1.46% | 1.01% | |
| Holdings | 9 | 505 | |
| YTD Return | -5.43% | +13.68% | |
| 1Y Return | -16.25% | +21.53% | |
| 3Y Return (annualized) | - | +21.44% | |
| 5Y Return (annualized) | - | +13.18% | |
| Volatility (annualized) | 10.0% | 15.3% | |
| Max Drawdown | -21.3% | -56.5% | |
| Fund Family | First Trust Portfolios (US) | State Street Investment Management | |
| Category | Alternative | Equity | |
| Inception | Jun 30, 2025 | Jan 22, 1993 |
BFJL vs SPY Performance
FT Vest Bitcoin Strategy Floor15 ETF - July (BFJL) is a ETF from First Trust Portfolios (US) and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year BFJL returned -16.25% while SPY returned +21.53%. Year to date, BFJL is down 5.43% versus a gain of 13.68% for SPY.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 10.0% for BFJL. 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 -21.3% for BFJL 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 0.22. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BFJL charges 0.90% per year while SPY charges 0.09%. On a $10,000 position that is $90 vs $9 annually, a gap of $81 per year that compounds over a long holding period. On income, BFJL currently yields 1.46% against 1.01% for SPY.
Frequently Asked Questions
Which is cheaper, BFJL or SPY?
BFJL has an expense ratio of 0.90% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $81 per year of difference.
Which performed better, BFJL or SPY?
Over the past year BFJL returned -16.25% vs +21.53% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), BFJL annualized -10.47% vs +8.85% for SPY. Past performance does not guarantee future results.
Which is riskier, BFJL or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 10.0% for BFJL. Worst drawdown: BFJL -21.3% vs SPY -56.5%.
Should I hold both BFJL and SPY?
BFJL and SPY have a monthly-return correlation of 0.22, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, BFJL or SPY?
BFJL yields 1.46% while SPY yields 1.01%, so BFJL currently pays the higher dividend yield.
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