BLUX vs SPY
Bluemonte Dynamic Total Market ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, BLUX or SPY?
SPY has been ahead.
SPY has a lower expense ratio. SPY led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92.
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 | BLUX | SPY |
|---|---|---|
| Expense Ratio | 0.23% | 0.09%Best |
| AUM | $600M | $811.2B |
| Dividend Yield | 1.05% | 0.98% |
| Holdings | 5 | 1,515 |
| YTD Return | +12.29% | +12.70%Best |
| 1Y Return | +14.74% | +15.53%Best |
| 3Y Return (annualized) | - | +22.86% |
| 5Y Return (annualized) | - | +13.47% |
| Volatility (annualized) | 11.6%Tie | 11.6%Tie |
| Max Drawdown | -9.0% | -8.9%Best |
| $10,000 over 1.3 years | $12,690 | $12,972Best |
| Fund Family | Bluemonte Investment Management | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 20, 2025 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jun 23, 2025 to Oct 1, 2026 (1.3 years).
BLUX 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 1.3 years both funds cover.
BLUX vs SPY Performance
Bluemonte Dynamic Total Market ETF (BLUX) is an ETF from Bluemonte Investment Management and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year BLUX returned +14.74% while SPY returned +15.53%. Year to date, BLUX is up 12.29% versus a gain of 12.70% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BLUX and SPY have been equally volatile, both at 11.6% annualized.
The deepest peak-to-trough decline in our data was -9.0% for BLUX and -8.9% 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BLUX charges 0.23% per year while SPY charges 0.09%. On a $10,000 position that is $23 vs $9 annually, a gap of $14 per year that compounds over a long holding period. On income, BLUX currently yields 1.05% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 4 holdings in BLUX and 504 in SPY, totalling 99.8% and 99.8% 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 4 positions we hold weights for in BLUX and 504 in SPY, against full books of 5 and 1,515.
You are not choosing between two funds in isolation.
Whichever of BLUX 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, BLUX or SPY?
BLUX has an expense ratio of 0.23% while SPY charges 0.09%. SPY is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, BLUX or SPY?
Over the past year BLUX returned +14.74% vs +15.53% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), BLUX annualized +20.11% vs +22.16% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BLUX or SPY?
BLUX and SPY have been equally volatile, both at 11.6% annualized. Worst drawdown: BLUX -9.0% vs SPY -8.9%.
Should I hold both BLUX and SPY?
BLUX and SPY have a monthly-return correlation of 0.92, 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.
Which pays a higher dividend, BLUX or SPY?
BLUX yields 1.05% while SPY yields 0.98%, so BLUX currently pays the higher dividend yield.
Is SPY better than BLUX?
SPY has a lower expense ratio. SPY led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. Which one suits a particular account depends on what it is for. This is information, not a recommendation.