Quick Verdict

SPY offers more diversification with 503 holdings.

Lower Fees: TiedHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricBPRESPYWinner
Expense Ratio-0.09%
AUM$3.2B$789.1B
Dividend Yield3.00%1.01%
Holdings34505
YTD Return-15.73%+13.79%
1Y Return-+23.66%
3Y Return (annualized)-+21.40%
5Y Return (annualized)-+13.37%
Volatility (annualized)-15.3%
Max Drawdown-33.9%-56.5%
Fund FamilyBluerock FundsState Street Investment Management
CategoryEquityEquity
InceptionDec 16, 2025Jan 22, 1993

BPRE vs SPY Performance

Bluerock Private Real Estate Fund (BPRE) is a ETF from Bluerock Funds and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, BPRE is down 15.73% versus a gain of 13.79% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -33.9% for BPRE and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Holdings Overlap

0.0%overlap

BPRE 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

What is the holdings overlap between BPRE and SPY?

BPRE and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 507 unique securities.

Which pays a higher dividend, BPRE or SPY?

BPRE yields 3.00% while SPY yields 1.01%, so BPRE currently pays the higher dividend yield.

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