EPAI vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricEPAISPYWinner
Expense Ratio0.88%0.09%
AUM$6M$789.1B
Dividend Yield0.00%1.01%
Holdings38505
YTD Return+36.62%+13.39%
1Y Return-+22.52%
3Y Return (annualized)-+21.36%
5Y Return (annualized)-+13.19%
Volatility (annualized)-15.3%
Max Drawdown-23.6%-56.5%
Fund FamilyHarbor FundsState Street Investment Management
CategoryEquityEquity
InceptionDec 17, 2025Jan 22, 1993

EPAI vs SPY Performance

Harbor AI Inflection Strategy ETF (EPAI) is a ETF from Harbor Funds and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, EPAI is up 36.62% versus a gain of 13.39% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -23.6% for EPAI and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

EPAI charges 0.88% per year while SPY charges 0.09%. On a $10,000 position that is $88 vs $9 annually, a gap of $79 per year that compounds over a long holding period. On income, EPAI currently yields 0.00% against 1.01% for SPY.

Holdings Overlap

3.9%overlap

EPAI and SPY share 21 holdings out of 519 unique holdings combined, representing a 3.9% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in EPAIWeight in SPYDifference
AMAT4.95%0.73%4.22%
LRCX3.84%0.68%3.16%
TER4.30%0.09%4.21%
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Frequently Asked Questions

Which is cheaper, EPAI or SPY?

EPAI has an expense ratio of 0.88% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $79 per year of difference.

What is the holdings overlap between EPAI and SPY?

EPAI and SPY share 21 common holdings with a 3.9% weight overlap. Combined, they hold 519 unique securities.

Which pays a higher dividend, EPAI or SPY?

EPAI yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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