BOUT vs SPY
CapForce IBD Breakout Opportunities ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, BOUT or SPY?
Mid Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 64.8%.
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 | BOUT | SPY |
|---|---|---|
| Expense Ratio | 0.80% | 0.09%Best |
| AUM | $15M | $814.4B |
| Dividend Yield | 0.27% | 1.01% |
| Holdings | 27 | 505 |
| YTD Return | +22.94%Best | +13.34% |
| 1Y Return | +17.65% | +19.97%Best |
| 3Y Return (annualized) | +12.86% | +21.20%Best |
| 5Y Return (annualized) | +5.31% | +12.81%Best |
| Volatility (annualized) | 21.6% | 16.8%Best |
| Max Drawdown | -36.8% | -34.1%Best |
| $10,000 over 5 years | $12,952 | $18,270Best |
| Top 10 Weight | 64.8% | 38.0%Best |
| Fund Family | Capital-FORCE ETF | State Street Investment Management |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | Sep 12, 2018 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: Sep 13, 2018 to Sep 4, 2026 (8 years).
BOUT 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 8 years both funds cover.
BOUT vs SPY Performance
CapForce IBD Breakout Opportunities ETF (BOUT) is an ETF from Capital-FORCE ETF and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year BOUT returned +17.65% while SPY returned +19.97%. Year to date, BOUT is up 22.94% versus a gain of 13.34% for SPY.
Over three years, BOUT compounded at +12.86% per year against +21.20% for SPY; over five years the annualized figures are +5.31% and +12.81% respectively. Across the full 8-year window we track, SPY has the edge at +14.04% annualized vs +8.15%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BOUT has been the more volatile fund, with annualized monthly volatility of 21.6% compared with 16.8% for SPY. 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 -36.8% for BOUT and -34.1% 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BOUT charges 0.80% per year while SPY charges 0.09%. On a $10,000 position that is $80 vs $9 annually, a gap of $71 per year that compounds over a long holding period. On income, BOUT currently yields 0.27% against 1.01% for SPY.
Holdings Overlap
28.4% of BOUT's money is in holdings SPY also owns. 1.3% of SPY's money is in holdings BOUT also owns.
BOUT and SPY share little of their money.
7 positions in common, counted across the 26 positions we hold weights for in BOUT and 504 in SPY, against full books of 27 and 505.
What only one of them owns
Our book lists 489 positions for SPY that do not appear in our book for BOUT (98.2% of the fund), and 14 for BOUT that do not appear in SPY (57.6%).
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 BOUT | Weight in SPY | Difference |
|---|---|---|---|
| USBUS Bancorp | 7.02% | 0.15% | 6.87% |
| TPRTapestry Inc. | 6.32% | 0.05% | 6.27% |
| PNCPnc Financial Services Group Inc. | 6.01% | 0.15% | 5.86% |
| BACBank of America Corp.: Financials | 4.03% | 0.62% | 3.41% |
| BKBank Of New York Mellon Corp | 2.01% | 0.16% | 1.85% |
| RJFRaymond James Financial Inc. | 2.02% | 0.05% | 1.97% |
| GRMNGarminltd. | 1.02% | 0.08% | 0.94% |
28.4% of BOUT 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, BOUT or SPY?
BOUT has an expense ratio of 0.80% while SPY charges 0.09%. SPY is the cheaper option, by $71 a year on a $10,000 investment.
Which performed better, BOUT or SPY?
Over the past year BOUT returned +17.65% vs +19.97% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (8 years), BOUT annualized +8.15% vs +14.04% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BOUT or SPY?
BOUT has been the more volatile fund at 21.6% annualized versus 16.8% for SPY. Worst drawdown: BOUT -36.8% vs SPY -34.1%.
Should I hold both BOUT and SPY?
BOUT and SPY have a monthly-return correlation of 0.79, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BOUT and SPY?
28.4% of BOUT's money is in holdings SPY also owns. 1.3% of SPY's is in holdings BOUT also owns. They hold 7 positions in common, counted across the 26 positions we hold weights for in BOUT and 504 in SPY.
Which pays a higher dividend, BOUT or SPY?
BOUT yields 0.27% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
Is SPY better than BOUT?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 64.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.