DRUP vs SPY

DRUP vs SPY

Which is better, DRUP or SPY?

Large Cap Growth against Large Cap Blend.

SPY has a lower expense ratio. DRUP led over the full window, SPY over 1Y, 3Y and 5Y. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 48.2%.

Lower Fees: SPYHigher Returns: splitLess Concentrated: SPY

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

MetricDRUPSPY
Expense Ratio0.60%0.09%Best
AUM$52M$804.7B
Dividend Yield0.00%0.98%
Holdings88505
YTD Return+5.18%+10.96%Best
1Y Return+5.48%+15.52%Best
3Y Return (annualized)+20.23%+20.73%Best
5Y Return (annualized)+10.22%+12.53%Best
Volatility (annualized)20.3%16.8%Best
Max Drawdown-31.3%Best-34.1%
$10,000 over 5 years$16,267$18,044Best
Top 10 Weight48.2%37.8%Best
Fund FamilyGraniteSharesState Street Investment Management
CategoryEquityEquity
StyleLarge Cap GrowthLarge Cap Blend
InceptionOct 7, 2019Jan 22, 1993

Volatility and max drawdown are measured over the window both funds cover: Oct 7, 2019 to Sep 16, 2026 (6.9 years).

DRUP 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 6.9 years both funds cover.

DRUP vs SPY Performance

GraniteShares Nasdaq Select Disruptors ETF (DRUP) is an ETF from GraniteShares and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year DRUP returned +5.48% while SPY returned +15.52%. Year to date, DRUP is up 5.18% versus a gain of 10.96% for SPY.

Over three years, DRUP compounded at +20.23% per year against +20.73% for SPY; over five years the annualized figures are +10.22% and +12.53% respectively. Across the full 7-year window we track, DRUP has the edge at +15.86% annualized vs +15.81%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

DRUP has been the more volatile fund, with annualized monthly volatility of 20.3% compared with 16.8% 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 -31.3% for DRUP 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 0.89. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

DRUP charges 0.60% per year while SPY charges 0.09%. On a $10,000 position that is $60 vs $9 annually, a gap of $51 per year that compounds over a long holding period. On income, DRUP currently yields 0.00% against 0.98% for SPY.

Holdings Overlap

DRUP already in SPY88.4%
SPY already in DRUP18.6%

88.4% of DRUP's money is in holdings SPY also owns. 18.6% of SPY's money is in holdings DRUP also owns.

Most of DRUP is already inside SPY. Owning both mostly buys the same companies twice.

40 positions in common, counted across the 50 positions we hold weights for in DRUP and 504 in SPY, against full books of 88 and 505.

What only one of them owns

Our book lists 457 positions for SPY that do not appear in our book for DRUP (80.8% of the fund), and 10 for DRUP that do not appear in SPY (11.5%).

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.

Top Shared Holdings

StockWeight in DRUPWeight in SPYDifference
MSFTMicrosoft Corp10.40%5.66%4.74%
GOOGLAlphabet Inc,class A6.94%2.99%3.95%
METAMeta Platforms Inc5.58%1.93%3.65%
LLYEli Lilly & Co.5.23%1.40%3.83%
JNJJohnson & Johnson - Common4.59%0.99%3.60%
PLTRPalantir Technologies Inc3.58%0.63%2.95%
CSCOCisco Systems Inc. - Ordinary Shares3.26%0.66%2.60%
PANWPalo Alto Networks, Inc3.21%0.45%2.76%
CRMSalesforce Inc Crm Us Equity2.76%0.32%2.44%
CRWDCrowdstrike Holdings Inc2.65%0.33%2.32%

88.4% of DRUP is already inside SPY.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

DRUPSPY

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, DRUP or SPY?

DRUP has an expense ratio of 0.60% while SPY charges 0.09%. SPY is the cheaper option, by $51 a year on a $10,000 investment.

Which performed better, DRUP or SPY?

Over the past year DRUP returned +5.48% vs +15.52% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (7 years), DRUP annualized +15.86% vs +15.81% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, DRUP or SPY?

DRUP has been the more volatile fund at 20.3% annualized versus 16.8% for SPY. Worst drawdown: DRUP -31.3% vs SPY -34.1%.

Should I hold both DRUP and SPY?

DRUP and SPY have a monthly-return correlation of 0.89, 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 DRUP and SPY?

88.4% of DRUP's money is in holdings SPY also owns. 18.6% of SPY's is in holdings DRUP also owns. They hold 40 positions in common, counted across the 50 positions we hold weights for in DRUP and 504 in SPY.

Which pays a higher dividend, DRUP or SPY?

DRUP yields 0.00% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.

Is SPY better than DRUP?

SPY has a lower expense ratio. DRUP led over the full window, SPY over 1Y, 3Y and 5Y. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 48.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.