BU vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricBUSPYWinner
Expense Ratio1.29%0.09%
AUM$543,489.99$789.1B
Dividend Yield0.00%1.01%
Holdings8505
YTD Return-30.98%+13.75%
1Y Return-+22.91%
3Y Return (annualized)-+21.67%
5Y Return (annualized)-+13.32%
Volatility (annualized)-15.3%
Max Drawdown-54.0%-56.5%
Fund FamilyDefiance ETFs, LLCState Street Investment Management
CategoryAlternativeEquity
InceptionNov 18, 2025Jan 22, 1993

BU vs SPY Performance

Defiance Daily Target 2X Long B ETF (BU) is a ETF from Defiance ETFs, LLC and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, BU is down 30.98% versus a gain of 13.75% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -54.0% for BU and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

BU charges 1.29% per year while SPY charges 0.09%. On a $10,000 position that is $129 vs $9 annually, a gap of $120 per year that compounds over a long holding period. On income, BU currently yields 0.00% against 1.01% for SPY.

Holdings Overlap

0.0%overlap

BU and SPY share 0 holdings out of 504 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, BU or SPY?

BU has an expense ratio of 1.29% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $120 per year of difference.

What is the holdings overlap between BU and SPY?

BU and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 504 unique securities.

Which pays a higher dividend, BU or SPY?

BU yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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