DRSK vs SPY
Aptus Defined Risk ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, DRSK or SPY?
Mid Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 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 | DRSK | SPY |
|---|---|---|
| Expense Ratio | 0.78% | 0.09%Best |
| AUM | $1.5B | $804.7B |
| Dividend Yield | 3.75% | 0.98% |
| Holdings | 39 | 505 |
| YTD Return | -2.60% | +12.99%Best |
| 1Y Return | -4.40% | +16.73%Best |
| 3Y Return (annualized) | +8.21% | +22.52%Best |
| 5Y Return (annualized) | +1.89% | +13.07%Best |
| Volatility (annualized) | 7.9%Best | 16.8% |
| Max Drawdown | -19.9%Best | -34.1% |
| $10,000 over 5 years | $10,981 | $18,481Best |
| Fund Family | Aptus Capital Advisors | State Street Investment Management |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | Aug 7, 2018 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Aug 8, 2018 to Sep 23, 2026 (8.1 years).
DRSK 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 8.1 years both funds cover.
DRSK vs SPY Performance
Aptus Defined Risk ETF (DRSK) is an ETF from Aptus Capital Advisors and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year DRSK returned -4.40% while SPY returned +16.73%. Year to date, DRSK is down 2.60% versus a gain of 12.99% for SPY.
Over three years, DRSK compounded at +8.21% per year against +22.52% for SPY; over five years the annualized figures are +1.89% and +13.07% respectively. Across the full 8-year window we track, SPY has the edge at +13.98% annualized vs +4.44%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 7.9% for DRSK. 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 -19.9% for DRSK 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 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DRSK charges 0.78% per year while SPY charges 0.09%. On a $10,000 position that is $78 vs $9 annually, a gap of $69 per year that compounds over a long holding period. On income, DRSK currently yields 3.75% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 10 holdings in DRSK and 504 in SPY, totalling 94.1% 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 10 positions we hold weights for in DRSK and 504 in SPY, against full books of 39 and 505.
You are not choosing between two funds in isolation.
Whichever of DRSK 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, DRSK or SPY?
DRSK has an expense ratio of 0.78% while SPY charges 0.09%. SPY is the cheaper option, by $69 a year on a $10,000 investment.
Which performed better, DRSK or SPY?
Over the past year DRSK returned -4.40% vs +16.73% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (8 years), DRSK annualized +4.44% vs +13.98% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DRSK or SPY?
SPY has been the more volatile fund at 16.8% annualized versus 7.9% for DRSK. Worst drawdown: DRSK -19.9% vs SPY -34.1%.
Should I hold both DRSK and SPY?
DRSK and SPY have a monthly-return correlation of 0.69, 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, DRSK or SPY?
DRSK yields 3.75% while SPY yields 0.98%, so DRSK currently pays the higher dividend yield.
Is SPY better than DRSK?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.