GLCR vs SPY
GlacierShares Nasdaq Iceland ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | GLCR | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.09% | |
| AUM | $1M | $789.1B | |
| Dividend Yield | 1.11% | 1.01% | |
| Holdings | 34 | 505 | |
| YTD Return | -7.28% | +14.47% | |
| 1Y Return | -3.98% | +21.96% | |
| 3Y Return (annualized) | - | +21.70% | |
| 5Y Return (annualized) | - | +13.30% | |
| Volatility (annualized) | 17.5% | 15.3% | |
| Max Drawdown | -19.3% | -56.5% | |
| Fund Family | Teucrium | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Mar 26, 2025 | Jan 22, 1993 |
GLCR vs SPY Performance
GlacierShares Nasdaq Iceland ETF (GLCR) is a ETF from Teucrium and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year GLCR returned -3.98% while SPY returned +21.96%. Year to date, GLCR is down 7.28% versus a gain of 14.47% for SPY.
Risk: Volatility and Drawdowns
GLCR has been the more volatile fund, with annualized monthly volatility of 17.5% 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 -19.3% for GLCR 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 0.46. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GLCR charges 0.95% per year while SPY charges 0.09%. On a $10,000 position that is $95 vs $9 annually, a gap of $86 per year that compounds over a long holding period. On income, GLCR currently yields 1.11% against 1.01% for SPY.
Holdings Overlap
GLCR and SPY share 0 holdings out of 534 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GLCR or SPY?
GLCR has an expense ratio of 0.95% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $86 per year of difference.
Which performed better, GLCR or SPY?
Over the past year GLCR returned -3.98% vs +21.96% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), GLCR annualized +0.34% vs +8.87% for SPY. Past performance does not guarantee future results.
Which is riskier, GLCR or SPY?
GLCR has been the more volatile fund at 17.5% annualized versus 15.3% for SPY. Worst drawdown: GLCR -19.3% vs SPY -56.5%.
Should I hold both GLCR and SPY?
GLCR and SPY have a monthly-return correlation of 0.46, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GLCR and SPY?
GLCR and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 534 unique securities.
Which pays a higher dividend, GLCR or SPY?
GLCR yields 1.11% while SPY yields 1.01%, so GLCR currently pays the higher dividend yield.
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