BRKC vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: SPYMore Diversified: SPY

Side-by-Side Comparison

MetricBRKCSPYWinner
Expense Ratio0.99%0.09%
AUM$11M$789.1B
Dividend Yield18.68%1.01%
Holdings10505
YTD Return+2.71%+13.39%
1Y Return+4.55%+22.52%
3Y Return (annualized)-+21.36%
5Y Return (annualized)-+13.19%
Volatility (annualized)11.1%15.3%
Max Drawdown-7.7%-56.5%
Fund FamilyYieldMax ETFState Street Investment Management
CategoryAlternativeEquity
InceptionJun 4, 2025Jan 22, 1993

BRKC vs SPY Performance

YieldMax BRK.B Option Income Strategy ETF (BRKC) is a ETF from YieldMax ETF and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year BRKC returned +4.55% while SPY returned +22.52%. Year to date, BRKC is up 2.71% versus a gain of 13.39% for SPY.

Risk: Volatility and Drawdowns

SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 11.1% for BRKC. 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 -7.7% for BRKC 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 -0.04. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

BRKC charges 0.99% per year while SPY charges 0.09%. On a $10,000 position that is $99 vs $9 annually, a gap of $90 per year that compounds over a long holding period. On income, BRKC currently yields 18.68% against 1.01% for SPY.

Holdings Overlap

0.0%overlap

BRKC and SPY share 0 holdings out of 505 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, BRKC or SPY?

BRKC has an expense ratio of 0.99% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $90 per year of difference.

Which performed better, BRKC or SPY?

Over the past year BRKC returned +4.55% vs +22.52% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), BRKC annualized +1.00% vs +8.84% for SPY. Past performance does not guarantee future results.

Which is riskier, BRKC or SPY?

SPY has been the more volatile fund at 15.3% annualized versus 11.1% for BRKC. Worst drawdown: BRKC -7.7% vs SPY -56.5%.

Should I hold both BRKC and SPY?

BRKC and SPY have a monthly-return correlation of -0.04, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between BRKC and SPY?

BRKC and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 505 unique securities.

Which pays a higher dividend, BRKC or SPY?

BRKC yields 18.68% while SPY yields 1.01%, so BRKC currently pays the higher dividend yield.

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