FIZY vs SPY

FIZY 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

MetricFIZYSPYWinner
Expense Ratio1.01%0.09%
AUM$9M$814.4B
Dividend Yield-1.01%
Holdings31505
YTD Return+0.32%+12.87%
1Y Return-+21.13%
3Y Return (annualized)-+20.86%
5Y Return (annualized)-+12.69%
Volatility (annualized)-15.3%
Max Drawdown-3.8%-56.5%
Fund FamilyXFundsState Street Investment Management
CategoryAlternativeEquity
InceptionAug 3, 2026Jan 22, 1993

FIZY vs SPY Performance

Fitz-Gerald Must Have Portfolio and Options Overlay ETF (FIZY) is a ETF from XFunds and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, FIZY is up 0.32% versus a gain of 12.87% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -3.8% for FIZY 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

FIZY charges 1.01% per year while SPY charges 0.09%. On a $10,000 position that is $101 vs $9 annually, a gap of $92 per year that compounds over a long holding period.

Holdings Overlap

34.4%overlap

FIZY and SPY share 26 holdings out of 509 unique holdings combined, representing a 34.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in FIZYWeight in SPYDifference
NVDA5.55%7.71%2.16%
AAPL4.86%6.83%1.97%
MSFT3.96%5.50%1.54%
PLTRProProPro
AVGOProProPro
AMZNProProPro
TSLAProProPro
AMDProProPro
LLYProProPro
CRWDProProPro
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Frequently Asked Questions

Which is cheaper, FIZY or SPY?

FIZY has an expense ratio of 1.01% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $92 per year of difference.

What is the holdings overlap between FIZY and SPY?

FIZY and SPY share 26 common holdings with a 34.4% weight overlap. Combined, they hold 509 unique securities.

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