CHIP vs SPY
REX AI Chipmaking ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, CHIP or SPY?
Large Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. SPY is less concentrated, with 38.9% of the fund in its ten largest positions against 50.1%.
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 | CHIP | SPY |
|---|---|---|
| Expense Ratio | 0.65% | 0.09%Best |
| AUM | $1M | $777.9B |
| Dividend Yield | 0.00% | 1.00% |
| Holdings | 114 | 1,011 |
| YTD Return | -28.55% | +8.47%Best |
| 1Y Return | - | +10.88% |
| 3Y Return (annualized) | - | +20.41% |
| 5Y Return (annualized) | - | +10.90% |
| Top 10 Weight | 50.1% | 38.9%Best |
| Fund Family | REX Shares | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Sep 23, 2026 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
CHIP 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
CHIP vs SPY Performance
REX AI Chipmaking ETF (CHIP) is an ETF from REX Shares and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, CHIP is down 28.55% versus a gain of 8.47% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
CHIP charges 0.65% per year while SPY charges 0.09%. On a $10,000 position that is $65 vs $9 annually, a gap of $56 per year that compounds over a long holding period. On income, CHIP currently yields 0.00% against 1.00% for SPY.
Holdings Overlap
20.0% of CHIP's money is in holdings SPY also owns. 1.5% of SPY's money is in holdings CHIP also owns.
CHIP and SPY share little of their money.
4 positions in common, counted across the 55 positions we hold weights for in CHIP and 504 in SPY, against full books of 114 and 1,011.
What only one of them owns
Our book lists 495 positions for SPY that do not appear in our book for CHIP (98.2% of the fund), and 19 for CHIP that do not appear in SPY (19.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of CHIP 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, CHIP or SPY?
CHIP has an expense ratio of 0.65% while SPY charges 0.09%. SPY is the cheaper option, by $56 a year on a $10,000 investment.
What is the holdings overlap between CHIP and SPY?
20.0% of CHIP's money is in holdings SPY also owns. 1.5% of SPY's is in holdings CHIP also owns. They hold 4 positions in common, counted across the 55 positions we hold weights for in CHIP and 504 in SPY.
Which pays a higher dividend, CHIP or SPY?
CHIP yields 0.00% while SPY yields 1.00%, so SPY currently pays the higher dividend yield.
Is SPY better than CHIP?
SPY has a lower expense ratio. SPY is less concentrated, with 38.9% of the fund in its ten largest positions against 50.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.