EXEQ vs SPY

EXEQ vs SPY
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Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 505 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricEXEQSPYWinner
Expense Ratio0.75%0.09%
AUM$1M$821.1B
Dividend Yield0.09%1.01%
Holdings51505
YTD Return+13.14%+14.24%
1Y Return-+21.71%
3Y Return (annualized)-+22.10%
5Y Return (annualized)-+13.21%
Volatility (annualized)-15.3%
Max Drawdown-8.9%-56.5%
Fund FamilyWedbush FundsState Street Investment Management
CategoryEquityEquity
InceptionFeb 13, 2026Jan 22, 1993

EXEQ vs SPY Performance

Wedbush ReturnOnLeadership US Large-Cap ETF (EXEQ) is a ETF from Wedbush Funds and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, EXEQ is up 13.14% versus a gain of 14.24% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -8.9% for EXEQ 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

EXEQ charges 0.75% per year while SPY charges 0.09%. On a $10,000 position that is $75 vs $9 annually, a gap of $66 per year that compounds over a long holding period. On income, EXEQ currently yields 0.09% against 1.01% for SPY.

Holdings Overlap

12.5%overlap

EXEQ and SPY share 37 holdings out of 515 unique holdings combined, representing a 12.5% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in EXEQWeight in SPYDifference
DAL10.18%0.09%10.09%
MSFT2.57%5.50%2.93%
UAL7.25%0.06%7.19%
GOOGLProProPro
GOOGProProPro
RCLProProPro
EQTProProPro
VRTXProProPro
LLYProProPro
CCLProProPro
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Frequently Asked Questions

Which is cheaper, EXEQ or SPY?

EXEQ has an expense ratio of 0.75% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $66 per year of difference.

What is the holdings overlap between EXEQ and SPY?

EXEQ and SPY share 37 common holdings with a 12.5% weight overlap. Combined, they hold 515 unique securities.

Which pays a higher dividend, EXEQ or SPY?

EXEQ yields 0.09% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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