BRKW vs SPY
Roundhill BRKB WeeklyPay ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | BRKW | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.99% | 0.09% | |
| AUM | $15M | $789.1B | |
| Dividend Yield | 24.79% | 1.01% | |
| Holdings | 5 | 505 | |
| YTD Return | -5.49% | +14.47% | |
| 1Y Return | -2.70% | +21.96% | |
| 3Y Return (annualized) | - | +21.70% | |
| 5Y Return (annualized) | - | +13.30% | |
| Volatility (annualized) | 17.0% | 15.3% | |
| Max Drawdown | -14.5% | -56.5% | |
| Fund Family | Roundhill Investments | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Jun 18, 2025 | Jan 22, 1993 |
BRKW vs SPY Performance
Roundhill BRKB WeeklyPay ETF (BRKW) is a ETF from Roundhill Investments and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year BRKW returned -2.70% while SPY returned +21.96%. Year to date, BRKW is down 5.49% versus a gain of 14.47% for SPY.
Risk: Volatility and Drawdowns
BRKW has been the more volatile fund, with annualized monthly volatility of 17.0% compared with 15.3% 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 -14.5% for BRKW 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 -0.11. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BRKW 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, BRKW currently yields 24.79% against 1.01% for SPY.
Holdings Overlap
BRKW and SPY share 1 holdings out of 504 unique holdings combined, representing a 1.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in BRKW | Weight in SPY | Difference |
|---|---|---|---|
| BRK.B | 7.83% | 1.43% | 6.40% |
Frequently Asked Questions
Which is cheaper, BRKW or SPY?
BRKW 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, BRKW or SPY?
Over the past year BRKW returned -2.70% vs +21.96% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), BRKW annualized -3.52% vs +8.87% for SPY. Past performance does not guarantee future results.
Which is riskier, BRKW or SPY?
BRKW has been the more volatile fund at 17.0% annualized versus 15.3% for SPY. Worst drawdown: BRKW -14.5% vs SPY -56.5%.
Should I hold both BRKW and SPY?
BRKW and SPY have a monthly-return correlation of -0.11, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BRKW and SPY?
BRKW and SPY share 1 common holdings with a 1.4% weight overlap. Combined, they hold 504 unique securities.
Which pays a higher dividend, BRKW or SPY?
BRKW yields 24.79% while SPY yields 1.01%, so BRKW currently pays the higher dividend yield.
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