FTWO vs SPY
Strive Natural Resources and Security ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. FTWO delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | FTWO | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.49% | 0.09% | |
| AUM | $76M | $821.1B | |
| Dividend Yield | 0.94% | 1.01% | |
| Holdings | 54 | 505 | |
| YTD Return | +12.14% | +14.24% | |
| 1Y Return | +28.30% | +21.71% | |
| 3Y Return (annualized) | +24.34% | +22.10% | |
| 5Y Return (annualized) | - | +13.21% | |
| Volatility (annualized) | 16.9% | 15.3% | |
| Max Drawdown | -18.2% | -56.5% | |
| Fund Family | Strive Asset Management | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Aug 31, 2023 | Jan 22, 1993 |
FTWO vs SPY Performance
Strive Natural Resources and Security ETF (FTWO) is a ETF from Strive Asset Management and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year FTWO returned +28.30% while SPY returned +21.71%. Year to date, FTWO is up 12.14% versus a gain of 14.24% for SPY.
Over three years, FTWO compounded at +24.34% per year against +22.10% for SPY. Across the full 3-year window we track, FTWO has the edge at +24.34% annualized vs +8.86%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FTWO has been the more volatile fund, with annualized monthly volatility of 16.9% compared with 15.3% 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 -18.2% for FTWO and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.48. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FTWO charges 0.49% per year while SPY charges 0.09%. On a $10,000 position that is $49 vs $9 annually, a gap of $40 per year that compounds over a long holding period. On income, FTWO currently yields 0.94% against 1.01% for SPY.
Holdings Overlap
FTWO and SPY share 22 holdings out of 533 unique holdings combined, representing a 5.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FTWO or SPY?
FTWO has an expense ratio of 0.49% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $40 per year of difference.
Which performed better, FTWO or SPY?
Over the past year FTWO returned +28.30% vs +21.71% for SPY, so FTWO leads on 1-year performance. Over the longest common window we track (3 years), FTWO annualized +24.34% vs +8.86% for SPY. Past performance does not guarantee future results.
Which is riskier, FTWO or SPY?
FTWO has been the more volatile fund at 16.9% annualized versus 15.3% for SPY. Worst drawdown: FTWO -18.2% vs SPY -56.5%.
Should I hold both FTWO and SPY?
FTWO and SPY have a monthly-return correlation of 0.48, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FTWO and SPY?
FTWO and SPY share 22 common holdings with a 5.0% weight overlap. Combined, they hold 533 unique securities.
Which pays a higher dividend, FTWO or SPY?
FTWO yields 0.94% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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