BUCK vs SPY
Simplify Treasury Option Income ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, BUCK or SPY?
Multi Alternative against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window.
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 | BUCK | SPY |
|---|---|---|
| Expense Ratio | 0.35% | 0.09%Best |
| AUM | $508M | $814.4B |
| Dividend Yield | 7.21% | 1.01% |
| Holdings | 4 | 505 |
| YTD Return | +2.38% | +13.34%Best |
| 1Y Return | +4.88% | +19.97%Best |
| 3Y Return (annualized) | +5.03% | +21.20%Best |
| 5Y Return (annualized) | - | +12.81% |
| Volatility (annualized) | 2.6%Best | 12.9% |
| Max Drawdown | -5.4%Best | -18.8% |
| $10,000 over 3.9 years | $12,056 | $20,991Best |
| Fund Family | Simplify Exchange Traded Funds | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Oct 27, 2022 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Oct 28, 2022 to Sep 4, 2026 (3.9 years).
BUCK 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 3.9 years both funds cover.
BUCK vs SPY Performance
Simplify Treasury Option Income ETF (BUCK) is an ETF from Simplify Exchange Traded Funds and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year BUCK returned +4.88% while SPY returned +19.97%. Year to date, BUCK is up 2.38% versus a gain of 13.34% for SPY.
Over three years, BUCK compounded at +5.03% per year against +21.20% for SPY. Across the full 4-year window we track, SPY has the edge at +20.94% annualized vs +4.91%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 12.9% compared with 2.6% for BUCK. 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 -5.4% for BUCK 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 0.22. They move largely independently of each other.
Fees and Cost Over Time
BUCK charges 0.35% per year while SPY charges 0.09%. On a $10,000 position that is $35 vs $9 annually, a gap of $26 per year that compounds over a long holding period. On income, BUCK currently yields 7.21% against 1.01% for SPY.
Holdings Overlap
We hold position weights for 1 holding in BUCK and 503 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 1 positions we hold weights for in BUCK and 503 in SPY, against full books of 4 and 505.
You are not choosing between two funds in isolation.
Whichever of BUCK 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, BUCK or SPY?
BUCK has an expense ratio of 0.35% while SPY charges 0.09%. SPY is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, BUCK or SPY?
Over the past year BUCK returned +4.88% vs +19.97% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (4 years), BUCK annualized +4.91% vs +20.94% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BUCK or SPY?
SPY has been the more volatile fund at 12.9% annualized versus 2.6% for BUCK. Worst drawdown: BUCK -5.4% vs SPY -18.8%.
Should I hold both BUCK and SPY?
BUCK and SPY have a monthly-return correlation of 0.22, 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, BUCK or SPY?
BUCK yields 7.21% while SPY yields 1.01%, so BUCK currently pays the higher dividend yield.
Is SPY better than BUCK?
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.