FHIL vs SPY
Federated Hermes International Leaders ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, FHIL or SPY?
SPY costs less.
SPY has a lower expense ratio. FHIL is less concentrated, with 23.9% of the fund in its ten largest positions against 38.2%.
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 | FHIL | SPY |
|---|---|---|
| Expense Ratio | 0.48% | 0.09%Best |
| AUM | $3M | $811.2B |
| Dividend Yield | 0.00% | 0.98% |
| Holdings | 237 | 1,515 |
| YTD Return | -5.00% | +12.70%Best |
| 1Y Return | - | +15.53% |
| 3Y Return (annualized) | - | +22.86% |
| 5Y Return (annualized) | - | +13.47% |
| Top 10 Weight | 23.9%Best | 38.2% |
| Fund Family | Federated Hermes | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 17, 2026 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
FHIL 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
FHIL vs SPY Performance
Federated Hermes International Leaders ETF (FHIL) is an ETF from Federated Hermes and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, FHIL is down 5.00% versus a gain of 12.70% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
FHIL charges 0.48% per year while SPY charges 0.09%. On a $10,000 position that is $48 vs $9 annually, a gap of $39 per year that compounds over a long holding period. On income, FHIL currently yields 0.00% against 0.98% for SPY.
Holdings Overlap
1.5% of FHIL's money is in holdings SPY also owns. 0.1% of SPY's money is in holdings FHIL also owns.
FHIL and SPY share little of their money.
2 positions in common, counted across the 77 positions we hold weights for in FHIL and 504 in SPY, against full books of 237 and 1,515.
What only one of them owns
Our book lists 496 positions for SPY that do not appear in our book for FHIL (99.2% of the fund), and 9 for FHIL that do not appear in SPY (12.3%).
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.
You are not choosing between two funds in isolation.
Whichever of FHIL and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FHIL or SPY?
FHIL has an expense ratio of 0.48% while SPY charges 0.09%. SPY is the cheaper option, by $39 a year on a $10,000 investment.
What is the holdings overlap between FHIL and SPY?
1.5% of FHIL's money is in holdings SPY also owns. 0.1% of SPY's is in holdings FHIL also owns. They hold 2 positions in common, counted across the 77 positions we hold weights for in FHIL and 504 in SPY.
Which pays a higher dividend, FHIL or SPY?
FHIL yields 0.00% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than FHIL?
SPY has a lower expense ratio. FHIL is less concentrated, with 23.9% of the fund in its ten largest positions against 38.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.