EASY vs SPY
Liberty One Defensive Dividend Growth ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, EASY or SPY?
Large Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 51.1%.
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 | EASY | SPY |
|---|---|---|
| Expense Ratio | 0.85% | 0.09%Best |
| AUM | $63M | $814.4B |
| Dividend Yield | 0.78% | 1.01% |
| Holdings | 26 | 505 |
| YTD Return | +8.17% | +13.34%Best |
| 1Y Return | +7.77% | +19.97%Best |
| 3Y Return (annualized) | - | +21.20% |
| 5Y Return (annualized) | - | +12.81% |
| Volatility (annualized) | 11.8%Best | 13.1% |
| Top 10 Weight | 51.1% | 38.0%Best |
| Fund Family | Liberty One Investment Management, LLC | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Sep 30, 2025 | Jan 22, 1993 |
Not shown on this pair: Max Drawdown, $10,000 over the window.
EASY 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
EASY vs SPY Performance
Liberty One Defensive Dividend Growth ETF (EASY) is an ETF from Liberty One Investment Management, LLC and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year EASY returned +7.77% while SPY returned +19.97%. Year to date, EASY is up 8.17% versus a gain of 13.34% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 13.1% compared with 11.8% for EASY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.07. They move largely independently of each other.
Fees and Cost Over Time
EASY charges 0.85% per year while SPY charges 0.09%. On a $10,000 position that is $85 vs $9 annually, a gap of $76 per year that compounds over a long holding period. On income, EASY currently yields 0.78% against 1.01% for SPY.
Holdings Overlap
95.7% of EASY's money is in holdings SPY also owns. 11.4% of SPY's money is in holdings EASY also owns.
Most of EASY is already inside SPY. Owning both mostly buys the same companies twice.
23 positions in common, counted across the 25 positions we hold weights for in EASY and 504 in SPY, against full books of 26 and 505.
What only one of them owns
Our book lists 473 positions for SPY that do not appear in our book for EASY (88.0% of the fund), and 1 for EASY that do not appear in SPY (0.9%).
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
| Stock | Weight in EASY | Weight in SPY | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 4.20% | 5.50% | 1.30% |
| LLYEli Lilly & Co. | 6.23% | 1.33% | 4.90% |
| JNJJohnson & Johnson - Common | 5.51% | 0.92% | 4.59% |
| UNHUnitedhealth Group Incorporated | 5.29% | 0.56% | 4.73% |
| CAHCardinal Health Inc. | 5.63% | 0.08% | 5.55% |
| CASYCaseys General | 5.59% | 0.05% | 5.54% |
| KOCoca Cola Co. | 4.93% | 0.50% | 4.43% |
| WMWaste Mgmt | 4.71% | 0.13% | 4.58% |
| CBChubb Ltd Common Stock Usd 24.15 | 4.64% | 0.19% | 4.45% |
| MCKMckesson Corp. | 4.42% | 0.15% | 4.27% |
95.7% of EASY 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.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EASY or SPY?
EASY has an expense ratio of 0.85% while SPY charges 0.09%. SPY is the cheaper option, by $76 a year on a $10,000 investment.
Which performed better, EASY or SPY?
Over the past year EASY returned +7.77% vs +19.97% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EASY or SPY?
SPY has been the more volatile fund at 13.1% annualized versus 11.8% for EASY.
Should I hold both EASY and SPY?
EASY and SPY have a monthly-return correlation of 0.07, 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 EASY and SPY?
95.7% of EASY's money is in holdings SPY also owns. 11.4% of SPY's is in holdings EASY also owns. They hold 23 positions in common, counted across the 25 positions we hold weights for in EASY and 504 in SPY.
Which pays a higher dividend, EASY or SPY?
EASY yields 0.78% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
Is SPY better than EASY?
SPY has a lower expense ratio. SPY led over 1Y. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 51.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.