FSPC vs SPY

FSPC 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

MetricFSPCSPYWinner
Expense Ratio0.65%0.09%
AUM$2M$821.1B
Dividend Yield0.00%1.01%
Holdings48505
YTD Return+6.64%+12.93%
1Y Return-+20.62%
3Y Return (annualized)-+22.00%
5Y Return (annualized)-+13.33%
Volatility (annualized)-15.3%
Max Drawdown-7.5%-56.5%
Fund FamilyFirst Trust Portfolios (US)State Street Investment Management
CategoryEquityEquity
InceptionJul 8, 2026Jan 22, 1993

FSPC vs SPY Performance

First Trust Bloomberg Space Economy ETF (FSPC) is a ETF from First Trust Portfolios (US) and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, FSPC is up 6.64% versus a gain of 12.93% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -7.5% for FSPC 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

FSPC charges 0.65% per year while SPY charges 0.09%. On a $10,000 position that is $65 vs $9 annually, a gap of $56 per year that compounds over a long holding period. On income, FSPC currently yields 0.00% against 1.01% for SPY.

Holdings Overlap

1.4%overlap

FSPC and SPY share 7 holdings out of 545 unique holdings combined, representing a 1.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in FSPCWeight in SPYDifference
HON5.18%0.12%5.06%
NOC4.75%0.11%4.64%
LHX4.42%0.08%4.34%
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Frequently Asked Questions

Which is cheaper, FSPC or SPY?

FSPC has an expense ratio of 0.65% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $56 per year of difference.

What is the holdings overlap between FSPC and SPY?

FSPC and SPY share 7 common holdings with a 1.4% weight overlap. Combined, they hold 545 unique securities.

Which pays a higher dividend, FSPC or SPY?

FSPC yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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