FTNY vs SPY
Franklin New York Municipal Income ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, FTNY or SPY?
Municipal New York against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y.
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 | FTNY | SPY |
|---|---|---|
| Expense Ratio | 0.36% | 0.09%Best |
| AUM | $587M | $804.7B |
| Dividend Yield | 3.63% | 0.98% |
| Holdings | 275 | 505 |
| YTD Return | -2.18% | +10.96%Best |
| 1Y Return | -2.20% | +15.52%Best |
| 3Y Return (annualized) | - | +20.73% |
| 5Y Return (annualized) | - | +12.53% |
| Fund Family | Franklin Templeton Investments (US) | State Street Investment Management |
| Category | Fixed Income | Equity |
| Style | Municipal New York | Large Cap Blend |
| Inception | Sep 2, 1983 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
FTNY 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.
FTNY vs SPY Performance
Franklin New York Municipal Income ETF (FTNY) is an ETF from Franklin Templeton Investments (US) and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year FTNY returned -2.20% while SPY returned +15.52%. Year to date, FTNY is down 2.18% versus a gain of 10.96% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
FTNY charges 0.36% per year while SPY charges 0.09%. On a $10,000 position that is $36 vs $9 annually, a gap of $27 per year that compounds over a long holding period. On income, FTNY currently yields 3.63% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 86 holdings in FTNY and 504 in SPY, totalling 47.4% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 86 positions we hold weights for in FTNY and 504 in SPY, against full books of 275 and 505.
You are not choosing between two funds in isolation.
Whichever of FTNY 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, FTNY or SPY?
FTNY has an expense ratio of 0.36% while SPY charges 0.09%. SPY is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, FTNY or SPY?
Over the past year FTNY returned -2.20% vs +15.52% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which pays a higher dividend, FTNY or SPY?
FTNY yields 3.63% while SPY yields 0.98%, so FTNY currently pays the higher dividend yield.
Is SPY better than FTNY?
SPY has a lower expense ratio. SPY led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.