EVUS vs SPY
ishares ESG Aware MSCI USA Value ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, EVUS or SPY?
Large Cap Value against Large Cap Blend.
SPY has a lower expense ratio. EVUS led over 1Y, SPY over 3Y and the full window. EVUS is less concentrated, with 29.0% of the fund in its ten largest positions against 37.8%.
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 | EVUS | SPY |
|---|---|---|
| Expense Ratio | 0.18% | 0.09%Best |
| AUM | $383M | $804.7B |
| Dividend Yield | 1.44% | 0.98% |
| Holdings | 226 | 505 |
| YTD Return | +13.81%Best | +12.09% |
| 1Y Return | +17.54%Best | +16.29% |
| 3Y Return (annualized) | +16.42% | +21.20%Best |
| 5Y Return (annualized) | - | +13.37% |
| Volatility (annualized) | 12.3%Best | 12.4% |
| Max Drawdown | -15.7%Best | -18.8% |
| $10,000 over 3.6 years | $15,291 | $19,030Best |
| Top 10 Weight | 29.0%Best | 37.8% |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Jan 31, 2023 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 3.6 years row, are measured over the window both funds cover: Feb 2, 2023 to Sep 18, 2026 (3.6 years).
EVUS 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 covers the 3.6 years both funds cover.
EVUS vs SPY Performance
ishares ESG Aware MSCI USA Value ETF (EVUS) is an ETF from iShares by BlackRock (US) and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year EVUS returned +17.54% while SPY returned +16.29%. Year to date, EVUS is up 13.81% versus a gain of 12.09% for SPY.
Over three years, EVUS compounded at +16.42% per year against +21.20% for SPY. Across the full 4-year window we track, SPY has the edge at +19.57% annualized vs +12.52%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 12.4% compared with 12.3% for EVUS. 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 -15.7% for EVUS and -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EVUS charges 0.18% per year while SPY charges 0.09%. On a $10,000 position that is $18 vs $9 annually, a gap of $9 per year that compounds over a long holding period. On income, EVUS currently yields 1.44% against 0.98% for SPY.
Holdings Overlap
98.5% of EVUS's money is in holdings SPY also owns. 43.3% of SPY's money is in holdings EVUS also owns.
Most of EVUS is already inside SPY. Owning both mostly buys the same companies twice.
215 positions in common, counted across the 224 positions we hold weights for in EVUS and 504 in SPY, against full books of 226 and 505.
What only one of them owns
Our book lists 286 positions for SPY that do not appear in our book for EVUS (56.2% of the fund), and 7 for EVUS that do not appear in SPY (1.2%).
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 EVUS | Weight in SPY | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 10.60% | 5.66% | 4.94% |
| METAMeta Platforms Inc | 3.58% | 1.93% | 1.65% |
| MUMicron Technology, Inc. | 3.17% | 1.60% | 1.57% |
| JPMJpmorgan Chase | 2.68% | 1.45% | 1.23% |
| BRK.BBerkshire Hathaway Inc Brk/B Us Equity | 1.55% | 1.40% | 0.15% |
| XOMExxon Mobil Corp. | 1.70% | 1.04% | 0.66% |
| JNJJohnson & Johnson - Common | 1.62% | 0.99% | 0.63% |
| ABBVAbbvie Inc. | 1.48% | 0.70% | 0.78% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.44% | 0.66% | 0.78% |
| INTCIntel Corporation | 1.22% | 0.67% | 0.55% |
98.5% of EVUS 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, EVUS or SPY?
EVUS has an expense ratio of 0.18% while SPY charges 0.09%. SPY is the cheaper option, by $9 a year on a $10,000 investment.
Which performed better, EVUS or SPY?
Over the past year EVUS returned +17.54% vs +16.29% for SPY, so EVUS leads on 1-year performance. Over the longest common window we track (4 years), EVUS annualized +12.52% vs +19.57% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EVUS or SPY?
SPY has been the more volatile fund at 12.4% annualized versus 12.3% for EVUS. Worst drawdown: EVUS -15.7% vs SPY -18.8%.
Should I hold both EVUS and SPY?
EVUS and SPY have a monthly-return correlation of 0.82, 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 EVUS and SPY?
98.5% of EVUS's money is in holdings SPY also owns. 43.3% of SPY's is in holdings EVUS also owns. They hold 215 positions in common, counted across the 224 positions we hold weights for in EVUS and 504 in SPY.
Which pays a higher dividend, EVUS or SPY?
EVUS yields 1.44% while SPY yields 0.98%, so EVUS currently pays the higher dividend yield.
Is SPY better than EVUS?
SPY has a lower expense ratio. EVUS led over 1Y, SPY over 3Y and the full window. EVUS is less concentrated, with 29.0% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.