DMMKI vs SPY
BlackRock Government Money Market V. I. Fund Class I vs State Street SPDR S&P 500 ETF Trust
Which is better, DMMKI or SPY?
SPY costs less.
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 | DMMKI | SPY |
|---|---|---|
| Expense Ratio | 0.30% | 0.09%Best |
| AUM | $197M | $811.2B |
| Dividend Yield | 1.42% | 0.98% |
| Holdings | 162 | 1,515 |
| YTD Price Return | - | +12.66% |
| 1Y Price Return | - | +15.01% |
| 3Y Price Return (annualized) | - | +22.23% |
| 5Y Price Return (annualized) | - | +12.44% |
| Volatility (annualized) | - | 15.2% |
| Max Drawdown | - | -56.5% |
| Fund Family | BlackRock, Inc. (US) | State Street Investment Management |
| Category | Money Market | Equity |
| Style | - | Large Cap Blend |
| Inception | Feb 20, 1992 | Jan 22, 1993 |
Not shown on this pair: $10,000 over the window, Top 10 Weight.
A price return is not the return of a fund that pays its income out. The coupon or distribution never appears in the price, so the return rows carry no winner here. DMMKI currently yields 1.42% and SPY 0.98%.
DMMKI vs SPY Performance
BlackRock Government Money Market V. I. Fund Class I (DMMKI) is an ETF from BlackRock, Inc. (US) and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management.
Fees and Cost Over Time
DMMKI charges 0.30% per year while SPY charges 0.09%. On a $10,000 position that is $30 vs $9 annually, a gap of $21 per year that compounds over a long holding period. On income, DMMKI currently yields 1.42% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 23 holdings in DMMKI and 504 in SPY, totalling 10.3% and 99.8% 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 23 positions we hold weights for in DMMKI and 504 in SPY, against full books of 162 and 1,515.
You are not choosing between two funds in isolation.
Whichever of DMMKI 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, DMMKI or SPY?
DMMKI has an expense ratio of 0.30% while SPY charges 0.09%. SPY is the cheaper option, by $21 a year on a $10,000 investment.
Which pays a higher dividend, DMMKI or SPY?
DMMKI yields 1.42% while SPY yields 0.98%, so DMMKI currently pays the higher dividend yield.
Is SPY better than DMMKI?
SPY has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.