EMET vs SPY
VanEck Copper and Electrification Metals ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. EMET delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | EMET | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.62% | 0.09% | |
| AUM | $31M | $789.1B | |
| Dividend Yield | 1.69% | 1.01% | |
| Holdings | 64 | 505 | |
| YTD Return | +16.12% | +13.39% | |
| 1Y Return | +72.72% | +22.52% | |
| 3Y Return (annualized) | +20.34% | +21.36% | |
| 5Y Return (annualized) | - | +13.19% | |
| Volatility (annualized) | 31.5% | 15.3% | |
| Max Drawdown | -53.9% | -56.5% | |
| Fund Family | VanEck | State Street Investment Management | |
| Category | Alternative | Equity | |
| Inception | Nov 9, 2021 | Jan 22, 1993 |
EMET vs SPY Performance
VanEck Copper and Electrification Metals ETF (EMET) 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 EMET returned +72.72% while SPY returned +22.52%. Year to date, EMET is up 16.12% versus a gain of 13.39% for SPY.
Over three years, EMET compounded at +20.34% per year against +21.36% for SPY. Across the full 5-year window we track, SPY has the edge at +8.84% annualized vs +6.10%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EMET has been the more volatile fund, with annualized monthly volatility of 31.5% 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 -53.9% for EMET 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
EMET charges 0.62% per year while SPY charges 0.09%. On a $10,000 position that is $62 vs $9 annually, a gap of $53 per year that compounds over a long holding period. On income, EMET currently yields 1.69% against 1.01% for SPY.
Holdings Overlap
EMET and SPY share 1 holdings out of 558 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in EMET | Weight in SPY | Difference |
|---|---|---|---|
| ALB | 2.94% | 0.02% | 2.92% |
Frequently Asked Questions
Which is cheaper, EMET or SPY?
EMET has an expense ratio of 0.62% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $53 per year of difference.
Which performed better, EMET or SPY?
Over the past year EMET returned +72.72% vs +22.52% for SPY, so EMET leads on 1-year performance. Over the longest common window we track (5 years), EMET annualized +6.10% vs +8.84% for SPY. Past performance does not guarantee future results.
Which is riskier, EMET or SPY?
EMET has been the more volatile fund at 31.5% annualized versus 15.3% for SPY. Worst drawdown: EMET -53.9% vs SPY -56.5%.
Should I hold both EMET and SPY?
EMET 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 EMET and SPY?
EMET and SPY share 1 common holdings with a 0.0% weight overlap. Combined, they hold 558 unique securities.
Which pays a higher dividend, EMET or SPY?
EMET yields 1.69% while SPY yields 1.01%, so EMET currently pays the higher dividend yield.
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