CORO vs SPY
iShares International Country Rotation Active ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, CORO or SPY?
CORO has been ahead.
SPY has a lower expense ratio. CORO led over 1Y and the full window. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 77.1%.
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 | CORO | SPY |
|---|---|---|
| Expense Ratio | 0.55% | 0.09%Best |
| AUM | $8.3B | $804.7B |
| Dividend Yield | 2.74% | 0.98% |
| Holdings | 33 | 505 |
| YTD Return | +18.70%Best | +13.82% |
| 1Y Return | +26.62%Best | +16.96% |
| 3Y Return (annualized) | - | +22.97% |
| 5Y Return (annualized) | - | +13.73% |
| Volatility (annualized) | 11.8%Best | 12.6% |
| Max Drawdown | -14.1%Best | -18.8% |
| $10,000 over 1.8 years | $15,866Best | $12,998 |
| Top 10 Weight | 77.1% | 37.8%Best |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Dec 3, 2024 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 4, 2024 to Sep 21, 2026 (1.8 years).
CORO 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 1.8 years both funds cover.
CORO vs SPY Performance
iShares International Country Rotation Active ETF (CORO) is an ETF from iShares by BlackRock (US) and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year CORO returned +26.62% while SPY returned +16.96%. Year to date, CORO is up 18.70% versus a gain of 13.82% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 12.6% compared with 11.8% for CORO. 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 -14.1% for CORO 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CORO charges 0.55% per year while SPY charges 0.09%. On a $10,000 position that is $55 vs $9 annually, a gap of $46 per year that compounds over a long holding period. On income, CORO currently yields 2.74% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 28 holdings in CORO and 504 in SPY, totalling 100.0% and 99.9% 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 28 positions we hold weights for in CORO and 504 in SPY, against full books of 33 and 505.
What only one of them owns
Our book lists 497 positions for SPY that do not appear in our book for CORO (99.3% of the fund), and 26 for CORO that do not appear in SPY (95.0%).
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 CORO 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, CORO or SPY?
CORO has an expense ratio of 0.55% while SPY charges 0.09%. SPY is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, CORO or SPY?
Over the past year CORO returned +26.62% vs +16.96% for SPY, so CORO leads on 1-year performance. Over the longest common window we track (2 years), CORO annualized +29.23% vs +15.68% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CORO or SPY?
SPY has been the more volatile fund at 12.6% annualized versus 11.8% for CORO. Worst drawdown: CORO -14.1% vs SPY -18.8%.
Should I hold both CORO and SPY?
CORO and SPY have a monthly-return correlation of 0.71, 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, CORO or SPY?
CORO yields 2.74% while SPY yields 0.98%, so CORO currently pays the higher dividend yield.
Is SPY better than CORO?
SPY has a lower expense ratio. CORO led over 1Y and the full window. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 77.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.