HTEC vs SPY

Quick Verdict

SPY has a lower expense ratio. HTEC delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: HTECMore Diversified: SPY

Side-by-Side Comparison

MetricHTECSPYWinner
Expense Ratio0.68%0.09%
AUM$75M$789.1B
Dividend Yield0.92%1.01%
Holdings60505
YTD Return+14.72%+13.79%
1Y Return+44.36%+23.66%
3Y Return (annualized)+12.41%+21.40%
5Y Return (annualized)-3.20%+13.37%
Volatility (annualized)22.0%15.3%
Max Drawdown-57.5%-56.5%
Fund FamilyRobo GlobalState Street Investment Management
CategoryEquityEquity
InceptionJun 25, 2019Jan 22, 1993

HTEC vs SPY Performance

ROBO Global Healthcare Technology and Innovation ETF (HTEC) is a ETF from Robo Global and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year HTEC returned +44.36% while SPY returned +23.66%. Year to date, HTEC is up 14.72% versus a gain of 13.79% for SPY.

Over three years, HTEC compounded at +12.41% per year against +21.40% for SPY; over five years the annualized figures are -3.20% and +13.37% respectively. Across the full 7-year window we track, SPY has the edge at +8.85% annualized vs +7.68%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

HTEC has been the more volatile fund, with annualized monthly volatility of 22.0% 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 -57.5% for HTEC 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 0.74. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

HTEC charges 0.68% per year while SPY charges 0.09%. On a $10,000 position that is $68 vs $9 annually, a gap of $59 per year that compounds over a long holding period. On income, HTEC currently yields 0.92% against 1.01% for SPY.

Holdings Overlap

2.2%overlap

HTEC and SPY share 20 holdings out of 542 unique holdings combined, representing a 2.2% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in HTECWeight in SPYDifference
VRTX1.92%0.21%1.71%
TMO1.83%0.30%1.53%
ISRG1.86%0.24%1.62%
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Frequently Asked Questions

Which is cheaper, HTEC or SPY?

HTEC has an expense ratio of 0.68% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $59 per year of difference.

Which performed better, HTEC or SPY?

Over the past year HTEC returned +44.36% vs +23.66% for SPY, so HTEC leads on 1-year performance. Over the longest common window we track (7 years), HTEC annualized +7.68% vs +8.85% for SPY. Past performance does not guarantee future results.

Which is riskier, HTEC or SPY?

HTEC has been the more volatile fund at 22.0% annualized versus 15.3% for SPY. Worst drawdown: HTEC -57.5% vs SPY -56.5%.

Should I hold both HTEC and SPY?

HTEC and SPY have a monthly-return correlation of 0.74, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between HTEC and SPY?

HTEC and SPY share 20 common holdings with a 2.2% weight overlap. Combined, they hold 542 unique securities.

Which pays a higher dividend, HTEC or SPY?

HTEC yields 0.92% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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