FDAT vs SPY
Tactical Advantage ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | FDAT | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.78% | 0.09% | |
| AUM | $36M | $789.1B | |
| Dividend Yield | 5.84% | 1.01% | |
| Holdings | 7 | 505 | |
| YTD Return | +6.70% | +14.47% | |
| 1Y Return | +11.72% | +21.96% | |
| 3Y Return (annualized) | +9.48% | +21.70% | |
| 5Y Return (annualized) | - | +13.30% | |
| Volatility (annualized) | 8.8% | 15.3% | |
| Max Drawdown | -8.2% | -56.5% | |
| Fund Family | Tactical Advantage | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Apr 11, 2023 | Jan 22, 1993 |
FDAT vs SPY Performance
Tactical Advantage ETF (FDAT) is a ETF from Tactical Advantage and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year FDAT returned +11.72% while SPY returned +21.96%. Year to date, FDAT is up 6.70% versus a gain of 14.47% for SPY.
Over three years, FDAT compounded at +9.48% per year against +21.70% for SPY. Across the full 3-year window we track, FDAT has the edge at +9.46% annualized vs +8.87%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 8.8% for FDAT. 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 -8.2% for FDAT 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
FDAT charges 0.78% per year while SPY charges 0.09%. On a $10,000 position that is $78 vs $9 annually, a gap of $69 per year that compounds over a long holding period. On income, FDAT currently yields 5.84% against 1.01% for SPY.
Holdings Overlap
FDAT and SPY share 0 holdings out of 522 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FDAT or SPY?
FDAT has an expense ratio of 0.78% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $69 per year of difference.
Which performed better, FDAT or SPY?
Over the past year FDAT returned +11.72% vs +21.96% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (3 years), FDAT annualized +9.46% vs +8.87% for SPY. Past performance does not guarantee future results.
Which is riskier, FDAT or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 8.8% for FDAT. Worst drawdown: FDAT -8.2% vs SPY -56.5%.
Should I hold both FDAT and SPY?
FDAT and SPY have a monthly-return correlation of 0.72, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FDAT and SPY?
FDAT and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 522 unique securities.
Which pays a higher dividend, FDAT or SPY?
FDAT yields 5.84% while SPY yields 1.01%, so FDAT currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.