BLUX vs SPY
Bluemonte Dynamic Total Market ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. BLUX delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | BLUX | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.25% | 0.09% | |
| AUM | - | $789.1B | |
| Dividend Yield | - | 1.01% | |
| Holdings | 5 | 505 | |
| YTD Return | +17.22% | +13.68% | |
| 1Y Return | +24.52% | +21.53% | |
| 3Y Return (annualized) | - | +21.44% | |
| 5Y Return (annualized) | - | +13.18% | |
| Volatility (annualized) | 11.8% | 15.3% | |
| Max Drawdown | -9.0% | -56.5% | |
| Fund Family | Bluemonte Investment Management | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Jun 20, 2025 | Jan 22, 1993 |
BLUX vs SPY Performance
Bluemonte Dynamic Total Market ETF (BLUX) is a ETF from Bluemonte Investment Management and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year BLUX returned +24.52% while SPY returned +21.53%. Year to date, BLUX is up 17.22% 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 11.8% for BLUX. 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 -9.0% for BLUX 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 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BLUX charges 0.25% per year while SPY charges 0.09%. On a $10,000 position that is $25 vs $9 annually, a gap of $16 per year that compounds over a long holding period.
Holdings Overlap
BLUX and SPY share 0 holdings out of 507 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, BLUX or SPY?
BLUX has an expense ratio of 0.25% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $16 per year of difference.
Which performed better, BLUX or SPY?
Over the past year BLUX returned +24.52% vs +21.53% for SPY, so BLUX leads on 1-year performance. Over the longest common window we track (1 years), BLUX annualized +27.53% vs +8.85% for SPY. Past performance does not guarantee future results.
Which is riskier, BLUX or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 11.8% for BLUX. Worst drawdown: BLUX -9.0% vs SPY -56.5%.
Should I hold both BLUX and SPY?
BLUX and SPY have a monthly-return correlation of 0.94, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between BLUX and SPY?
BLUX and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 507 unique securities.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.