FTIF vs SPY
First Trust Bloomberg Inflation Sensitive Equity ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, FTIF or SPY?
Mid Cap Blend against Large Cap Blend.
SPY has a lower expense ratio. FTIF led over 1Y, SPY over 3Y and the full window. FTIF is less concentrated, with 21.9% of the fund in its ten largest positions against 38.0%.
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 | FTIF | SPY |
|---|---|---|
| Expense Ratio | 0.60% | 0.09%Best |
| AUM | $6M | $814.4B |
| Dividend Yield | 1.08% | 1.01% |
| Holdings | 102 | 505 |
| YTD Return | +27.95%Best | +13.34% |
| 1Y Return | +35.58%Best | +19.97% |
| 3Y Return (annualized) | +12.57% | +21.20%Best |
| 5Y Return (annualized) | - | +12.81% |
| Volatility (annualized) | 15.5% | 12.4%Best |
| Max Drawdown | -27.8% | -18.8%Best |
| $10,000 over 3.5 years | $15,945 | $20,662Best |
| Top 10 Weight | 21.9%Best | 38.0% |
| Fund Family | First Trust Portfolios (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | Mar 13, 2023 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 3.5 years row, are measured over the window both funds cover: Mar 14, 2023 to Sep 4, 2026 (3.5 years).
FTIF 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 covers the 3.5 years both funds cover.
FTIF vs SPY Performance
First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF) is an ETF from First Trust Portfolios (US) and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year FTIF returned +35.58% while SPY returned +19.97%. Year to date, FTIF is up 27.95% versus a gain of 13.34% for SPY.
Over three years, FTIF compounded at +12.57% per year against +21.20% for SPY. Across the full 4-year window we track, SPY has the edge at +23.04% annualized vs +14.26%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FTIF has been the more volatile fund, with annualized monthly volatility of 15.5% compared with 12.4% for SPY. 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 -27.8% for FTIF and -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.53. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FTIF charges 0.60% per year while SPY charges 0.09%. On a $10,000 position that is $60 vs $9 annually, a gap of $51 per year that compounds over a long holding period. On income, FTIF currently yields 1.08% against 1.01% for SPY.
Holdings Overlap
63.8% of FTIF's money is in holdings SPY also owns. 4.6% of SPY's money is in holdings FTIF also owns.
The two portfolios partly overlap.
32 positions in common, counted across the 50 positions we hold weights for in FTIF and 504 in SPY, against full books of 102 and 505.
What only one of them owns
Our book lists 464 positions for SPY that do not appear in our book for FTIF (94.8% of the fund), and 18 for FTIF that do not appear in SPY (36.0%).
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.
Top Shared Holdings
| Stock | Weight in FTIF | Weight in SPY | Difference |
|---|---|---|---|
| XOMExxon Mobil Corp. | 2.09% | 0.96% | 1.13% |
| CVXChevron Corp | 2.12% | 0.54% | 1.58% |
| RTXRaytheon Co. | 2.21% | 0.44% | 1.77% |
| ADPAutomatic Data Processing, Inc. | 2.27% | 0.16% | 2.11% |
| MPCMarathon Petroleum Corp | 2.19% | 0.14% | 2.05% |
| VLOValero Energy | 2.19% | 0.14% | 2.05% |
| LMTLockheed Martin Corp | 2.13% | 0.18% | 1.95% |
| UNPUnion Pacific Corp | 2.05% | 0.26% | 1.79% |
| COPConocophillips Common Stock USD 0.01 | 2.08% | 0.22% | 1.86% |
| NEMNewmont Corp Common | 2.10% | 0.16% | 1.94% |
63.8% of FTIF is already inside SPY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FTIF or SPY?
FTIF has an expense ratio of 0.60% while SPY charges 0.09%. SPY is the cheaper option, by $51 a year on a $10,000 investment.
Which performed better, FTIF or SPY?
Over the past year FTIF returned +35.58% vs +19.97% for SPY, so FTIF leads on 1-year performance. Over the longest common window we track (4 years), FTIF annualized +14.26% vs +23.04% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FTIF or SPY?
FTIF has been the more volatile fund at 15.5% annualized versus 12.4% for SPY. Worst drawdown: FTIF -27.8% vs SPY -18.8%.
Should I hold both FTIF and SPY?
FTIF and SPY have a monthly-return correlation of 0.53, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between FTIF and SPY?
63.8% of FTIF's money is in holdings SPY also owns. 4.6% of SPY's is in holdings FTIF also owns. They hold 32 positions in common, counted across the 50 positions we hold weights for in FTIF and 504 in SPY.
Which pays a higher dividend, FTIF or SPY?
FTIF yields 1.08% while SPY yields 1.01%, so FTIF currently pays the higher dividend yield.
Is SPY better than FTIF?
SPY has a lower expense ratio. FTIF led over 1Y, SPY over 3Y and the full window. FTIF is less concentrated, with 21.9% of the fund in its ten largest positions against 38.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.