HEAL vs SPY
Global X HealthTech ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, HEAL or SPY?
Mid Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 46.5%.
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 | HEAL | SPY |
|---|---|---|
| Expense Ratio | 0.50% | 0.09%Best |
| AUM | $31M | $804.7B |
| Dividend Yield | 0.24% | 0.98% |
| Holdings | 43 | 505 |
| YTD Return | -3.44% | +11.52%Best |
| 1Y Return | -10.96% | +17.48%Best |
| 3Y Return (annualized) | -1.70% | +20.62%Best |
| 5Y Return (annualized) | -12.74% | +12.73%Best |
| Volatility (annualized) | 23.3% | 15.5%Best |
| Max Drawdown | -65.8% | -24.5%Best |
| $10,000 over 5 years | $5,059 | $18,205Best |
| Top 10 Weight | 46.5% | 38.0%Best |
| Fund Family | Global X by mirae Asset | State Street Investment Management |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | Jul 29, 2020 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: Jul 30, 2020 to Sep 10, 2026 (6.1 years).
HEAL 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 6.1 years both funds cover.
HEAL vs SPY Performance
Global X HealthTech ETF (HEAL) is an ETF from Global X by mirae Asset and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year HEAL returned -10.96% while SPY returned +17.48%. Year to date, HEAL is down 3.44% versus a gain of 11.52% for SPY.
Over three years, HEAL compounded at -1.70% per year against +20.62% for SPY; over five years the annualized figures are -12.74% and +12.73% respectively. Across the full 6-year window we track, SPY has the edge at +16.32% annualized vs -7.82%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HEAL has been the more volatile fund, with annualized monthly volatility of 23.3% compared with 15.5% 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 -65.8% for HEAL and -24.5% 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HEAL charges 0.50% per year while SPY charges 0.09%. On a $10,000 position that is $50 vs $9 annually, a gap of $41 per year that compounds over a long holding period. On income, HEAL currently yields 0.24% against 0.98% for SPY.
Holdings Overlap
30.7% of HEAL's money is in holdings SPY also owns. 0.5% of SPY's money is in holdings HEAL also owns.
The two portfolios partly overlap.
7 positions in common, counted across the 39 positions we hold weights for in HEAL and 504 in SPY, against full books of 43 and 505.
What only one of them owns
Our book lists 487 positions for SPY that do not appear in our book for HEAL (99.0% of the fund), and 24 for HEAL that do not appear in SPY (51.6%).
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
30.7% of HEAL 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, HEAL or SPY?
HEAL has an expense ratio of 0.50% while SPY charges 0.09%. SPY is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, HEAL or SPY?
Over the past year HEAL returned -10.96% vs +17.48% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (6 years), HEAL annualized -7.82% vs +16.32% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HEAL or SPY?
HEAL has been the more volatile fund at 23.3% annualized versus 15.5% for SPY. Worst drawdown: HEAL -65.8% vs SPY -24.5%.
Should I hold both HEAL and SPY?
HEAL and SPY have a monthly-return correlation of 0.70, 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 HEAL and SPY?
30.7% of HEAL's money is in holdings SPY also owns. 0.5% of SPY's is in holdings HEAL also owns. They hold 7 positions in common, counted across the 39 positions we hold weights for in HEAL and 504 in SPY.
Which pays a higher dividend, HEAL or SPY?
HEAL yields 0.24% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than HEAL?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.