DVDN vs SPY
Kingsbarn Dividend Opportunity ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | DVDN | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 1.65% | 0.09% | |
| AUM | $3M | $821.1B | |
| Dividend Yield | 14.01% | 1.01% | |
| Holdings | 19 | 505 | |
| YTD Return | -12.73% | +12.22% | |
| 1Y Return | -20.78% | +20.83% | |
| 3Y Return (annualized) | - | +21.70% | |
| 5Y Return (annualized) | - | +12.98% | |
| Volatility (annualized) | 15.2% | 15.3% | |
| Max Drawdown | -34.6% | -56.5% | |
| Fund Family | Kingsbarn Capital Management | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Mar 17, 2023 | Jan 22, 1993 |
DVDN vs SPY Performance
Kingsbarn Dividend Opportunity ETF (DVDN) is a ETF from Kingsbarn Capital Management and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year DVDN returned -20.78% while SPY returned +20.83%. Year to date, DVDN is down 12.73% versus a gain of 12.22% for SPY.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 15.2% for DVDN. 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 -34.6% for DVDN and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.49. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DVDN charges 1.65% per year while SPY charges 0.09%. On a $10,000 position that is $165 vs $9 annually, a gap of $156 per year that compounds over a long holding period. On income, DVDN currently yields 14.01% against 1.01% for SPY.
Holdings Overlap
DVDN and SPY share 0 holdings out of 521 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DVDN or SPY?
DVDN has an expense ratio of 1.65% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $156 per year of difference.
Which performed better, DVDN or SPY?
Over the past year DVDN returned -20.78% vs +20.83% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (3 years), DVDN annualized -5.33% vs +8.79% for SPY. Past performance does not guarantee future results.
Which is riskier, DVDN or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 15.2% for DVDN. Worst drawdown: DVDN -34.6% vs SPY -56.5%.
Should I hold both DVDN and SPY?
DVDN and SPY have a monthly-return correlation of 0.49, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DVDN and SPY?
DVDN and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 521 unique securities.
Which pays a higher dividend, DVDN or SPY?
DVDN yields 14.01% while SPY yields 1.01%, so DVDN currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.