CRPT vs SPY
First Trust SkyBridge Crypto Industry and Digital Economy ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, CRPT or SPY?
Multi Alternative against Large Cap Blend.
SPY has a lower expense ratio. CRPT led over 3Y, SPY over 1Y, 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 | CRPT | SPY |
|---|---|---|
| Expense Ratio | 0.85% | 0.09%Best |
| AUM | $108M | $804.7B |
| Dividend Yield | 0.77% | 0.98% |
| Holdings | 40 | 505 |
| YTD Return | +4.70% | +12.99%Best |
| 1Y Return | -24.02% | +16.73%Best |
| 3Y Return (annualized) | +51.31%Best | +22.52% |
| 5Y Return (annualized) | -3.06% | +13.07%Best |
| Volatility (annualized) | 75.4% | 15.7%Best |
| Max Drawdown | -88.3% | -24.5%Best |
| $10,000 over 5 years | $8,561 | $18,481Best |
| Fund Family | First Trust Portfolios (US) | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Sep 20, 2021 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 21, 2021 to Sep 23, 2026 (5 years).
CRPT 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 5 years both funds cover.
CRPT vs SPY Performance
First Trust SkyBridge Crypto Industry and Digital Economy ETF (CRPT) is an ETF from First Trust Portfolios (US) and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year CRPT returned -24.02% while SPY returned +16.73%. Year to date, CRPT is up 4.70% versus a gain of 12.99% for SPY.
Over three years, CRPT compounded at +51.31% per year against +22.52% for SPY; over five years the annualized figures are -3.06% and +13.07% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CRPT has been the more volatile fund, with annualized monthly volatility of 75.4% compared with 15.7% for SPY. 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 -88.3% for CRPT and -24.5% 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 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CRPT charges 0.85% per year while SPY charges 0.09%. On a $10,000 position that is $85 vs $9 annually, a gap of $76 per year that compounds over a long holding period. On income, CRPT currently yields 0.77% against 0.98% for SPY.
Holdings Overlap
At least 3.3% of SPY's money is in holdings CRPT also owns.
Stated as a floor: for CRPT, our book for it covers 94.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
SPY and CRPT share little of their money.
5 positions in common, counted across the 22 positions we hold weights for in CRPT and 504 in SPY, against full books of 40 and 505.
You are not choosing between two funds in isolation.
Whichever of CRPT 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, CRPT or SPY?
CRPT has an expense ratio of 0.85% while SPY charges 0.09%. SPY is the cheaper option, by $76 a year on a $10,000 investment.
Which performed better, CRPT or SPY?
Over the past year CRPT returned -24.02% vs +16.73% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CRPT or SPY?
CRPT has been the more volatile fund at 75.4% annualized versus 15.7% for SPY. Worst drawdown: CRPT -88.3% vs SPY -24.5%.
Should I hold both CRPT and SPY?
CRPT and SPY have a monthly-return correlation of 0.66, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between CRPT and SPY?
At least 3.3% of SPY's money is in holdings CRPT also owns. Our book for CRPT is partial, so the real figure is this or higher. They hold 5 positions in common, counted across the 22 positions we hold weights for in CRPT and 504 in SPY.
Which pays a higher dividend, CRPT or SPY?
CRPT yields 0.77% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than CRPT?
SPY has a lower expense ratio. CRPT led over 3Y, SPY over 1Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.