EINC vs SPY
VanEck Energy Income ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. EINC delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | EINC | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.46% | 0.09% | |
| AUM | $75M | $821.1B | |
| Dividend Yield | 3.47% | 1.01% | |
| Holdings | 33 | 505 | |
| YTD Return | +27.94% | +13.17% | |
| 1Y Return | +33.56% | +21.53% | |
| 3Y Return (annualized) | +27.97% | +22.06% | |
| 5Y Return (annualized) | +24.64% | +13.35% | |
| Volatility (annualized) | 26.8% | 15.3% | |
| Max Drawdown | -93.4% | -56.5% | |
| Fund Family | VanEck | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Mar 12, 2012 | Jan 22, 1993 |
EINC vs SPY Performance
VanEck Energy Income ETF (EINC) is a ETF from VanEck and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year EINC returned +33.56% while SPY returned +21.53%. Year to date, EINC is up 27.94% versus a gain of 13.17% for SPY.
Over three years, EINC compounded at +27.97% per year against +22.06% for SPY; over five years the annualized figures are +24.64% and +13.35% respectively. Across the full 14-year window we track, SPY has the edge at +8.82% annualized vs -4.53%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EINC has been the more volatile fund, with annualized monthly volatility of 26.8% compared with 15.3% 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 -93.4% for EINC 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 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EINC charges 0.46% per year while SPY charges 0.09%. On a $10,000 position that is $46 vs $9 annually, a gap of $37 per year that compounds over a long holding period. On income, EINC currently yields 3.47% against 1.01% for SPY.
Holdings Overlap
EINC and SPY share 4 holdings out of 530 unique holdings combined, representing a 0.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, EINC or SPY?
EINC has an expense ratio of 0.46% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $37 per year of difference.
Which performed better, EINC or SPY?
Over the past year EINC returned +33.56% vs +21.53% for SPY, so EINC leads on 1-year performance. Over the longest common window we track (14 years), EINC annualized -4.53% vs +8.82% for SPY. Past performance does not guarantee future results.
Which is riskier, EINC or SPY?
EINC has been the more volatile fund at 26.8% annualized versus 15.3% for SPY. Worst drawdown: EINC -93.4% vs SPY -56.5%.
Should I hold both EINC and SPY?
EINC and SPY have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EINC and SPY?
EINC and SPY share 4 common holdings with a 0.4% weight overlap. Combined, they hold 530 unique securities.
Which pays a higher dividend, EINC or SPY?
EINC yields 3.47% while SPY yields 1.01%, so EINC currently pays the higher dividend yield.
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