BIGY vs SPY
YieldMax Target 12 Big 50 Option Income ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, BIGY or SPY?
Nearly the same fund. SPY costs less.
SPY has a lower expense ratio. SPY led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.97. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 42.8%.
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 | BIGY | SPY |
|---|---|---|
| Expense Ratio | 1.09% | 0.09%Best |
| AUM | $45M | $804.7B |
| Dividend Yield | 11.94% | 0.98% |
| Holdings | 210 | 505 |
| YTD Return | +6.59% | +11.97%Best |
| 1Y Return | +11.53% | +16.40%Best |
| 3Y Return (annualized) | - | +21.10% |
| 5Y Return (annualized) | - | +12.88% |
| Volatility (annualized) | 12.1%Best | 12.7% |
| Max Drawdown | -18.9% | -18.8%Best |
| $10,000 over 1.8 years | $12,680 | $13,056Best |
| Top 10 Weight | 42.8% | 37.8%Best |
| Fund Family | YieldMax ETF | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Nov 20, 2024 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Nov 21, 2024 to Sep 14, 2026 (1.8 years).
BIGY 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 1.8 years both funds cover.
BIGY vs SPY Performance
YieldMax Target 12 Big 50 Option Income ETF (BIGY) is an ETF from YieldMax ETF and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year BIGY returned +11.53% while SPY returned +16.40%. Year to date, BIGY is up 6.59% versus a gain of 11.97% 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 12.7% compared with 12.1% for BIGY. 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 -18.9% for BIGY and -18.8% 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 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BIGY charges 1.09% per year while SPY charges 0.09%. On a $10,000 position that is $109 vs $9 annually, a gap of $100 per year that compounds over a long holding period. On income, BIGY currently yields 11.94% against 0.98% for SPY.
Holdings Overlap
99.4% of BIGY's money is in holdings SPY also owns. 55.6% of SPY's money is in holdings BIGY also owns.
Most of BIGY is already inside SPY. Owning both mostly buys the same companies twice.
49 positions in common, counted across the 51 positions we hold weights for in BIGY and 504 in SPY, against full books of 210 and 505.
What only one of them owns
Our book lists 448 positions for SPY that do not appear in our book for BIGY (43.8% of the fund), and 2 for BIGY that do not appear in SPY (1.2%).
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 BIGY | Weight in SPY | Difference |
|---|---|---|---|
| NVDANvidia Corp | 6.63% | 8.01% | 1.38% |
| AAPLApple, Inc | 6.81% | 7.26% | 0.45% |
| MSFTMicrosoft Corp | 3.95% | 5.66% | 1.71% |
| AMZNAmazon.Com Inc | 5.07% | 3.79% | 1.28% |
| GOOGLAlphabet Inc,class A | 4.70% | 2.99% | 1.71% |
| AVGOBroadcom Inc | 3.15% | 2.66% | 0.49% |
| METAMeta Platforms Inc | 3.18% | 1.93% | 1.25% |
| JPMJpmorgan Chase | 3.30% | 1.45% | 1.85% |
| AMDAdvanced Micro Devices Inc | 3.52% | 1.14% | 2.38% |
| TSLATesla Inc | 2.37% | 1.52% | 0.85% |
99.4% of BIGY 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, BIGY or SPY?
BIGY has an expense ratio of 1.09% while SPY charges 0.09%. SPY is the cheaper option, by $100 a year on a $10,000 investment.
Which performed better, BIGY or SPY?
Over the past year BIGY returned +11.53% vs +16.40% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), BIGY annualized +14.10% vs +15.97% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BIGY or SPY?
SPY has been the more volatile fund at 12.7% annualized versus 12.1% for BIGY. Worst drawdown: BIGY -18.9% vs SPY -18.8%.
Should I hold both BIGY and SPY?
BIGY and SPY have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between BIGY and SPY?
99.4% of BIGY's money is in holdings SPY also owns. 55.6% of SPY's is in holdings BIGY also owns. They hold 49 positions in common, counted across the 51 positions we hold weights for in BIGY and 504 in SPY.
Which pays a higher dividend, BIGY or SPY?
BIGY yields 11.94% while SPY yields 0.98%, so BIGY currently pays the higher dividend yield.
Is SPY better than BIGY?
SPY has a lower expense ratio. SPY led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.97. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 42.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.