FTWO vs SPY
Strive Natural Resources and Security ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, FTWO or SPY?
Large Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. FTWO led over 1Y, 3Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 54.6%.
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 | FTWO | SPY |
|---|---|---|
| Expense Ratio | 0.49% | 0.09%Best |
| AUM | $78M | $814.4B |
| Dividend Yield | 0.94% | 1.01% |
| Holdings | 54 | 505 |
| YTD Return | +16.11%Best | +13.34% |
| 1Y Return | +29.51%Best | +19.97% |
| 3Y Return (annualized) | +25.40%Best | +21.20% |
| 5Y Return (annualized) | - | +12.81% |
| Volatility (annualized) | 16.9% | 12.8%Best |
| Max Drawdown | -18.2%Best | -18.8% |
| $10,000 over 3 years | $19,653Best | $17,711 |
| Top 10 Weight | 54.6% | 38.0%Best |
| Fund Family | Strive Asset Management | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Aug 31, 2023 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Aug 31, 2023 to Sep 4, 2026 (3 years).
FTWO 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 years both funds cover.
FTWO vs SPY Performance
Strive Natural Resources and Security ETF (FTWO) is an ETF from Strive Asset Management and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year FTWO returned +29.51% while SPY returned +19.97%. Year to date, FTWO is up 16.11% versus a gain of 13.34% for SPY.
Over three years, FTWO compounded at +25.40% per year against +21.20% for SPY.
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 12.8% 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 -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 0.47. They move together some of the time, and apart the rest.
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
65.4% of FTWO's money is in holdings SPY also owns. 5.0% of SPY's money is in holdings FTWO also owns.
The two portfolios partly overlap.
22 positions in common, counted across the 51 positions we hold weights for in FTWO and 503 in SPY, against full books of 54 and 505.
What only one of them owns
Our book lists 471 positions for SPY that do not appear in our book for FTWO (94.5% of the fund), and 16 for FTWO that do not appear in SPY (12.5%).
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 FTWO | Weight in SPY | Difference |
|---|---|---|---|
| DEDeere & Co. | 9.80% | 0.23% | 9.57% |
| XOMExxon Mobil Corp | 7.45% | 0.96% | 6.49% |
| CEGConstellation Energy Corp | 8.04% | 0.13% | 7.91% |
| GEGeneral Electric Co. | 5.76% | 0.59% | 5.17% |
| RTXRaytheon Co. | 4.48% | 0.44% | 4.04% |
| CVXChevron Corp.United States -Energy | 4.10% | 0.54% | 3.56% |
| NEMNewmont Corp. | 4.24% | 0.16% | 4.08% |
| CTVACorteva Inc. | 3.46% | 0.08% | 3.38% |
| BABoeing Co | 2.59% | 0.28% | 2.31% |
| LMTLockheed Martin Corp | 2.06% | 0.18% | 1.88% |
65.4% of FTWO 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, FTWO or SPY?
FTWO has an expense ratio of 0.49% while SPY charges 0.09%. SPY is the cheaper option, by $40 a year on a $10,000 investment.
Which performed better, FTWO or SPY?
Over the past year FTWO returned +29.51% vs +19.97% for SPY, so FTWO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FTWO or SPY?
FTWO has been the more volatile fund at 16.9% annualized versus 12.8% for SPY. Worst drawdown: FTWO -18.2% vs SPY -18.8%.
Should I hold both FTWO and SPY?
FTWO and SPY have a monthly-return correlation of 0.47, 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 FTWO and SPY?
65.4% of FTWO's money is in holdings SPY also owns. 5.0% of SPY's is in holdings FTWO also owns. They hold 22 positions in common, counted across the 51 positions we hold weights for in FTWO and 503 in SPY.
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.
Is SPY better than FTWO?
SPY has a lower expense ratio. FTWO led over 1Y, 3Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 54.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.