DTAN vs SPY

DTAN vs SPY

Which is better, DTAN or SPY?

SPY has been ahead.

SPY has a lower expense ratio. SPY led over 1Y and the full window. DTAN is less concentrated, with 28.9% of the fund in its ten largest positions against 38.0%.

Lower Fees: SPYHigher Returns: SPYLess Concentrated: DTAN

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

MetricDTANSPY
Expense Ratio0.55%0.09%Best
AUM$22M$804.7B
Dividend Yield2.61%0.98%
Holdings116505
YTD Return+6.26%+11.52%Best
1Y Return+13.74%+17.48%Best
3Y Return (annualized)-+20.62%
5Y Return (annualized)-+12.73%
Volatility (annualized)12.9%12.7%Best
Max Drawdown-17.6%Best-18.8%
$10,000 over 2 years$13,759$14,140Best
Top 10 Weight28.9%Best38.0%
Fund FamilySparkline CapitalState Street Investment Management
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionSep 9, 2024Jan 22, 1993

Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 10, 2024 to Sep 10, 2026 (2 years).

DTAN 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 2 years both funds cover.

DTAN vs SPY Performance

Sparkline International Intangible Value ETF (DTAN) is an ETF from Sparkline Capital and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year DTAN returned +13.74% while SPY returned +17.48%. Year to date, DTAN is up 6.26% versus a gain of 11.52% for SPY.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

DTAN has been the more volatile fund, with annualized monthly volatility of 12.9% compared with 12.7% 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 -17.6% for DTAN 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 0.56. They move together some of the time, and apart the rest.

Fees and Cost Over Time

DTAN 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, DTAN currently yields 2.61% against 0.98% for SPY.

Holdings Overlap

DTAN already in SPY3.9%
SPY already in DTAN0.1%

3.9% of DTAN's money is in holdings SPY also owns. 0.1% of SPY's money is in holdings DTAN also owns.

DTAN and SPY share little of their money.

4 positions in common, counted across the 109 positions we hold weights for in DTAN and 504 in SPY, against full books of 116 and 505.

What only one of them owns

Our book lists 492 positions for SPY that do not appear in our book for DTAN (99.4% of the fund), and 8 for DTAN that do not appear in SPY (3.6%).

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 DTANWeight in SPYDifference
NXPINxp Semiconductors N.V. Common Stock1.53%0.09%1.44%
LYB:ASLyondellbasell Inds. Nv0.85%0.02%0.83%
LULU:CALululemon Athletica Inc.0.80%0.02%0.78%
APTVAptiv Plc Ordinary Shares0.71%0.02%0.69%

You are not choosing between two funds in isolation.

Whichever of DTAN and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

DTANSPY

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, DTAN or SPY?

DTAN 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, DTAN or SPY?

Over the past year DTAN returned +13.74% vs +17.48% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), DTAN annualized +17.30% vs +18.91% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, DTAN or SPY?

DTAN has been the more volatile fund at 12.9% annualized versus 12.7% for SPY. Worst drawdown: DTAN -17.6% vs SPY -18.8%.

Should I hold both DTAN and SPY?

DTAN and SPY have a monthly-return correlation of 0.56, 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 DTAN and SPY?

3.9% of DTAN's money is in holdings SPY also owns. 0.1% of SPY's is in holdings DTAN also owns. They hold 4 positions in common, counted across the 109 positions we hold weights for in DTAN and 504 in SPY.

Which pays a higher dividend, DTAN or SPY?

DTAN yields 2.61% while SPY yields 0.98%, so DTAN currently pays the higher dividend yield.

Is SPY better than DTAN?

SPY has a lower expense ratio. SPY led over 1Y and the full window. DTAN is less concentrated, with 28.9% of the fund in its ten largest positions against 38.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.