BWOW vs SPY
Bitwise Dogecoin ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, BWOW or SPY?
Single Currency against Large Cap Blend.
SPY has a lower expense ratio.
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 | BWOW | SPY |
|---|---|---|
| Expense Ratio | 0.34% | 0.09%Best |
| AUM | $554,256 | $823.2B |
| Dividend Yield | 0.00% | 0.99% |
| Holdings | 2 | 1,515 |
| Fund Family | Bitwise | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Single Currency | Large Cap Blend |
| Inception | Nov 25, 2025 | Jan 22, 1993 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
The two price series end 14 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. BWOW has data through Oct 14, 2026 and SPY through Oct 28, 2026.
Fees and Cost Over Time
BWOW charges 0.34% per year while SPY charges 0.09%. On a $10,000 position that is $34 vs $9 annually, a gap of $25 per year that compounds over a long holding period. On income, BWOW currently yields 0.00% against 0.99% for SPY.
You are not choosing between two funds in isolation.
Whichever of BWOW 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, BWOW or SPY?
BWOW has an expense ratio of 0.34% while SPY charges 0.09%. SPY is the cheaper option, by $25 a year on a $10,000 investment.
Which pays a higher dividend, BWOW or SPY?
BWOW yields 0.00% while SPY yields 0.99%, so SPY currently pays the higher dividend yield.
Is SPY better than BWOW?
SPY has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.