COM vs SPY
Direxion Auspice Broad Commodity Strategy ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, COM or SPY?
Commodities against Large Cap Blend.
SPY has a lower expense ratio. COM led over 1Y, SPY over 3Y, 5Y 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 | COM | SPY |
|---|---|---|
| Expense Ratio | 0.72% | 0.09%Best |
| AUM | $217M | $814.4B |
| Dividend Yield | 2.51% | 1.01% |
| Holdings | 9 | 505 |
| YTD Return | +21.34%Best | +13.34% |
| 1Y Return | +29.13%Best | +19.97% |
| 3Y Return (annualized) | +9.10% | +21.20%Best |
| 5Y Return (annualized) | +9.10% | +12.81%Best |
| Volatility (annualized) | 8.8%Best | 15.7% |
| Max Drawdown | -18.8%Best | -34.1% |
| $10,000 over 5 years | $15,457 | $18,270Best |
| Fund Family | Direxion Shares ETF Trust | State Street Investment Management |
| Category | Commodity | Equity |
| Style | Commodities | Large Cap Blend |
| Inception | Mar 30, 2017 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Mar 30, 2017 to Sep 4, 2026 (9.4 years).
COM 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 9.4 years both funds cover.
COM vs SPY Performance
Direxion Auspice Broad Commodity Strategy ETF (COM) is an ETF from Direxion Shares ETF Trust and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year COM returned +29.13% while SPY returned +19.97%. Year to date, COM is up 21.34% versus a gain of 13.34% for SPY.
Over three years, COM compounded at +9.10% per year against +21.20% for SPY; over five years the annualized figures are +9.10% and +12.81% respectively. Across the full 9-year window we track, SPY has the edge at +14.24% annualized vs +7.00%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.7% compared with 8.8% for COM. 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 -18.8% for COM and -34.1% 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
COM charges 0.72% per year while SPY charges 0.09%. On a $10,000 position that is $72 vs $9 annually, a gap of $63 per year that compounds over a long holding period. On income, COM currently yields 2.51% against 1.01% for SPY.
Holdings Overlap
We hold position weights for 1 holding in COM and 504 in SPY, totalling 82.0% 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 COM and 504 in SPY, against full books of 9 and 505.
You are not choosing between two funds in isolation.
Whichever of COM 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, COM or SPY?
COM has an expense ratio of 0.72% while SPY charges 0.09%. SPY is the cheaper option, by $63 a year on a $10,000 investment.
Which performed better, COM or SPY?
Over the past year COM returned +29.13% vs +19.97% for SPY, so COM leads on 1-year performance. Over the longest common window we track (9 years), COM annualized +7.00% vs +14.24% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, COM or SPY?
SPY has been the more volatile fund at 15.7% annualized versus 8.8% for COM. Worst drawdown: COM -18.8% vs SPY -34.1%.
Should I hold both COM and SPY?
COM 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, COM or SPY?
COM yields 2.51% while SPY yields 1.01%, so COM currently pays the higher dividend yield.
Is SPY better than COM?
SPY has a lower expense ratio. COM led over 1Y, SPY over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.