BRIF vs SPY
FIS Bright Portfolios Focused Equity ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, BRIF or SPY?
BRIF has been ahead.
SPY has a lower expense ratio. BRIF led over 1Y and the full window. BRIF is less concentrated, with 37.4% of the fund in its ten largest positions against 38.2%.
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 | BRIF | SPY |
|---|---|---|
| Expense Ratio | 0.65% | 0.09%Best |
| AUM | $165M | $811.2B |
| Dividend Yield | 0.42% | 0.98% |
| Holdings | 100 | 1,515 |
| YTD Return | +26.35%Best | +14.77% |
| 1Y Return | +26.74%Best | +18.61% |
| 3Y Return (annualized) | - | +22.83% |
| 5Y Return (annualized) | - | +13.84% |
| Volatility (annualized) | 21.3% | 12.3%Best |
| Max Drawdown | -17.2%Best | -18.8% |
| $10,000 over 1.8 years | $15,085Best | $13,393 |
| Top 10 Weight | 37.4%Best | 38.2% |
| Fund Family | Faith Investor Services | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 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: Dec 20, 2024 to Oct 13, 2026 (1.8 years).
BRIF 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.
BRIF vs SPY Performance
FIS Bright Portfolios Focused Equity ETF (BRIF) is an ETF from Faith Investor Services and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year BRIF returned +26.74% while SPY returned +18.61%. Year to date, BRIF is up 26.35% versus a gain of 14.77% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BRIF has been the more volatile fund, with annualized monthly volatility of 21.3% compared with 12.3% 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 -17.2% for BRIF 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 0.45. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BRIF charges 0.65% per year while SPY charges 0.09%. On a $10,000 position that is $65 vs $9 annually, a gap of $56 per year that compounds over a long holding period. On income, BRIF currently yields 0.42% against 0.98% for SPY.
Holdings Overlap
91.2% of BRIF's money is in holdings SPY also owns. 23.9% of SPY's money is in holdings BRIF also owns.
Most of BRIF is already inside SPY. Owning both mostly buys the same companies twice.
45 positions in common, counted across the 49 positions we hold weights for in BRIF and 504 in SPY, against full books of 100 and 1,515.
What only one of them owns
Our book lists 452 positions for SPY that do not appear in our book for BRIF (75.3% of the fund), and 2 for BRIF that do not appear in SPY (6.2%).
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 BRIF | Weight in SPY | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.42% | 7.78% | 0.36% |
| LLYEli Lilly & Co. | 4.20% | 1.37% | 2.83% |
| AVGOBroadcom Inc | 3.02% | 2.48% | 0.54% |
| CSCOCisco Systems Inc. - Ordinary Shares | 3.67% | 0.66% | 3.01% |
| ABBVAbbvie Inc. | 3.61% | 0.70% | 2.91% |
| LINLinde Plc Ordinary Shares | 3.45% | 0.33% | 3.12% |
| DELLDell Technologies Inc | 2.78% | 0.24% | 2.54% |
| CMICummins Inc. | 2.89% | 0.11% | 2.78% |
| XOMExxon Mobil Corp. | 1.96% | 1.04% | 0.92% |
| MUMicron Technology, Inc. | 1.26% | 1.59% | 0.33% |
91.2% of BRIF 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, BRIF or SPY?
BRIF has an expense ratio of 0.65% while SPY charges 0.09%. SPY is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, BRIF or SPY?
Over the past year BRIF returned +26.74% vs +18.61% for SPY, so BRIF leads on 1-year performance. Over the longest common window we track (2 years), BRIF annualized +25.66% vs +17.62% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BRIF or SPY?
BRIF has been the more volatile fund at 21.3% annualized versus 12.3% for SPY. Worst drawdown: BRIF -17.2% vs SPY -18.8%.
Should I hold both BRIF and SPY?
BRIF and SPY have a monthly-return correlation of 0.45, 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 BRIF and SPY?
91.2% of BRIF's money is in holdings SPY also owns. 23.9% of SPY's is in holdings BRIF also owns. They hold 45 positions in common, counted across the 49 positions we hold weights for in BRIF and 504 in SPY.
Which pays a higher dividend, BRIF or SPY?
BRIF yields 0.42% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than BRIF?
SPY has a lower expense ratio. BRIF led over 1Y and the full window. BRIF is less concentrated, with 37.4% of the fund in its ten largest positions against 38.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.