DTEC vs SPY

DTEC vs SPY

Which is better, DTEC or SPY?

All Cap Blend against Large Cap Blend.

SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. DTEC is less concentrated, with 13.5% of the fund in its ten largest positions against 38.0%.

Lower Fees: SPYHigher Returns: SPYLess Concentrated: DTEC

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

MetricDTECSPY
Expense Ratio0.50%0.09%Best
AUM$78M$814.4B
Dividend Yield0.04%1.01%
Holdings99505
YTD Return+7.61%+13.34%Best
1Y Return+4.49%+19.97%Best
3Y Return (annualized)+11.82%+21.20%Best
5Y Return (annualized)+0.38%+12.81%Best
Volatility (annualized)20.9%16.4%Best
Max Drawdown-42.0%-34.1%Best
$10,000 over 5 years$10,191$18,270Best
Top 10 Weight13.5%Best38.0%
Fund FamilyALPS AdvisorsState Street Investment Management
CategoryEquityEquity
StyleAll Cap BlendLarge Cap Blend
InceptionDec 28, 2017Jan 22, 1993

Volatility and max drawdown are measured over the window both funds cover: Dec 29, 2017 to Sep 4, 2026 (8.7 years).

DTEC 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 8.7 years both funds cover.

DTEC vs SPY Performance

ALPS Disruptive Technologies ETF (DTEC) is an ETF from ALPS Advisors and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year DTEC returned +4.49% while SPY returned +19.97%. Year to date, DTEC is up 7.61% versus a gain of 13.34% for SPY.

Over three years, DTEC compounded at +11.82% per year against +21.20% for SPY; over five years the annualized figures are +0.38% and +12.81% respectively. Across the full 9-year window we track, SPY has the edge at +13.95% annualized vs +9.00%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

DTEC has been the more volatile fund, with annualized monthly volatility of 20.9% compared with 16.4% 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 -42.0% for DTEC 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

DTEC charges 0.50% per year while SPY charges 0.09%. On a $10,000 position that is $50 vs $9 annually, a gap of $41 per year that compounds over a long holding period. On income, DTEC currently yields 0.04% against 1.01% for SPY.

Holdings Overlap

DTEC already in SPY40.7%
SPY already in DTEC7.3%

40.7% of DTEC's money is in holdings SPY also owns. 7.3% of SPY's money is in holdings DTEC also owns.

The two portfolios partly overlap.

39 positions in common, counted across the 98 positions we hold weights for in DTEC and 504 in SPY, against full books of 99 and 505.

What only one of them owns

Our book lists 457 positions for SPY that do not appear in our book for DTEC (92.1% of the fund), and 31 for DTEC that do not appear in SPY (31.3%).

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 DTECWeight in SPYDifference
TSLATesla Motors Inc0.80%1.38%0.58%
VVisa Inc Class A1.00%0.92%0.08%
PANWPalo Alto Networks, Inc1.43%0.45%0.98%
MAMastercard Inc1.03%0.69%0.34%
CRWDCrowdstrike Holdings Inc. Class A1.32%0.32%1.00%
PYPLPaypay Holdings, Inc.1.34%0.08%1.26%
GPNGlobal Payments Inc.1.32%0.03%1.29%
WDAYWorkday, Inc., Class A1.28%0.05%1.23%
NFLXNetflix, Inc.0.85%0.47%0.38%
FTNTFortinet Inc1.14%0.16%0.98%

40.7% of DTEC 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.

DTECSPY

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, DTEC or SPY?

DTEC has an expense ratio of 0.50% while SPY charges 0.09%. SPY is the cheaper option, by $41 a year on a $10,000 investment.

Which performed better, DTEC or SPY?

Over the past year DTEC returned +4.49% vs +19.97% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (9 years), DTEC annualized +9.00% vs +13.95% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, DTEC or SPY?

DTEC has been the more volatile fund at 20.9% annualized versus 16.4% for SPY. Worst drawdown: DTEC -42.0% vs SPY -34.1%.

Should I hold both DTEC and SPY?

DTEC 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 DTEC and SPY?

40.7% of DTEC's money is in holdings SPY also owns. 7.3% of SPY's is in holdings DTEC also owns. They hold 39 positions in common, counted across the 98 positions we hold weights for in DTEC and 504 in SPY.

Which pays a higher dividend, DTEC or SPY?

DTEC yields 0.04% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

Is SPY better than DTEC?

SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. DTEC is less concentrated, with 13.5% 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.