GTOS vs SPY
Invesco Short Duration Total Return Bond ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, GTOS or SPY?
Short Term High Yield Bond against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window.
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 | GTOS | SPY |
|---|---|---|
| Expense Ratio | 0.30% | 0.09%Best |
| AUM | $123M | $804.7B |
| Dividend Yield | 4.48% | 0.98% |
| Holdings | 703 | 505 |
| YTD Return | -1.63% | +10.96%Best |
| 1Y Return | -0.54% | +15.52%Best |
| 3Y Return (annualized) | +4.22% | +20.73%Best |
| 5Y Return (annualized) | - | +12.53% |
| Volatility (annualized) | 1.9%Best | 12.6% |
| Max Drawdown | -2.0%Best | -18.8% |
| $10,000 over 3.8 years | $11,594 | $20,254Best |
| Fund Family | Invesco (US) | State Street Investment Management |
| Category | Fixed Income | Equity |
| Style | Short Term High Yield Bond | Large Cap Blend |
| Inception | Dec 9, 2022 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Dec 9, 2022 to Sep 16, 2026 (3.8 years).
GTOS 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 3.8 years both funds cover.
GTOS vs SPY Performance
Invesco Short Duration Total Return Bond ETF (GTOS) is an ETF from Invesco (US) and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year GTOS returned -0.54% while SPY returned +15.52%. Year to date, GTOS is down 1.63% versus a gain of 10.96% for SPY.
Over three years, GTOS compounded at +4.22% per year against +20.73% for SPY. Across the full 4-year window we track, SPY has the edge at +20.41% annualized vs +3.97%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 12.6% compared with 1.9% for GTOS. 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 -2.0% for GTOS 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 0.50. They move together some of the time, and apart the rest.
Fees and Cost Over Time
GTOS charges 0.30% per year while SPY charges 0.09%. On a $10,000 position that is $30 vs $9 annually, a gap of $21 per year that compounds over a long holding period. On income, GTOS currently yields 4.48% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 269 holdings in GTOS and 504 in SPY, totalling 24.6% and 99.9% of the two funds. That is not enough of GTOS to divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 269 positions we hold weights for in GTOS and 504 in SPY, against full books of 703 and 505.
Top Shared Holdings
| Stock | Weight in GTOS | Weight in SPY | Difference |
|---|---|---|---|
| CNPCenterPoint Energy Inc 5.95 04/01/2056 | 0.00% | 0.04% | 0.04% |
You are not choosing between two funds in isolation.
Whichever of GTOS 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, GTOS or SPY?
GTOS has an expense ratio of 0.30% while SPY charges 0.09%. SPY is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, GTOS or SPY?
Over the past year GTOS returned -0.54% vs +15.52% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (4 years), GTOS annualized +3.97% vs +20.41% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GTOS or SPY?
SPY has been the more volatile fund at 12.6% annualized versus 1.9% for GTOS. Worst drawdown: GTOS -2.0% vs SPY -18.8%.
Should I hold both GTOS and SPY?
GTOS and SPY have a monthly-return correlation of 0.50, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, GTOS or SPY?
GTOS yields 4.48% while SPY yields 0.98%, so GTOS currently pays the higher dividend yield.
Is SPY better than GTOS?
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.