BSR vs SPY
Beacon Unified Catalyst ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, BSR or SPY?
SPY has been ahead.
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 72.2%.
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 | BSR | SPY |
|---|---|---|
| Expense Ratio | 1.09% | 0.09%Best |
| AUM | $35M | $804.7B |
| Dividend Yield | 2.76% | 0.98% |
| Holdings | 30 | 505 |
| YTD Return | +3.81% | +12.19%Best |
| 1Y Return | +6.66% | +18.53%Best |
| 3Y Return (annualized) | +7.32% | +20.88%Best |
| 5Y Return (annualized) | - | +12.69% |
| Volatility (annualized) | 9.5%Best | 12.6% |
| Max Drawdown | -15.7%Best | -18.8% |
| $10,000 over 3.4 years | $12,784 | $19,195Best |
| Top 10 Weight | 72.2% | 38.0%Best |
| Fund Family | Beacon Capital Management | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 17, 2023 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 3.4 years row, are measured over the window both funds cover: Apr 18, 2023 to Sep 9, 2026 (3.4 years).
BSR 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 3.4 years both funds cover.
BSR vs SPY Performance
Beacon Unified Catalyst ETF (BSR) is an ETF from Beacon Capital Management and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year BSR returned +6.66% while SPY returned +18.53%. Year to date, BSR is up 3.81% versus a gain of 12.19% for SPY.
Over three years, BSR compounded at +7.32% per year against +20.88% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 12.6% compared with 9.5% for BSR. 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 -15.7% for BSR 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 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BSR charges 1.09% per year while SPY charges 0.09%. On a $10,000 position that is $109 vs $9 annually, a gap of $100 per year that compounds over a long holding period. On income, BSR currently yields 2.76% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 29 holdings in BSR and 504 in SPY, totalling 99.8% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 29 positions we hold weights for in BSR and 504 in SPY, against full books of 30 and 505.
What only one of them owns
Measured across the 29 and 504 positions we hold weights for.
SPY holds 494 positions BSR does not, 99.5% of the fund.
Largest: NVDA 7.71%, AAPL 6.83%, MSFT 5.50%, AMZN 4.08%, GOOGL 3.33%
You are not choosing between two funds in isolation.
Whichever of BSR and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BSR or SPY?
BSR has an expense ratio of 1.09% while SPY charges 0.09%. SPY is the cheaper option, by $100 a year on a $10,000 investment.
Which performed better, BSR or SPY?
Over the past year BSR returned +6.66% vs +18.53% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BSR or SPY?
SPY has been the more volatile fund at 12.6% annualized versus 9.5% for BSR. Worst drawdown: BSR -15.7% vs SPY -18.8%.
Should I hold both BSR and SPY?
BSR and SPY have a monthly-return correlation of 0.74, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BSR or SPY?
BSR yields 2.76% while SPY yields 0.98%, so BSR currently pays the higher dividend yield.
Is SPY better than BSR?
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 72.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.