HTEC vs SPY
ROBO Global Healthcare Technology and Innovation ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, HTEC or SPY?
Mid Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. HTEC led over 1Y, SPY over 3Y, 5Y and the full window. HTEC is less concentrated, with 24.4% of the fund in its ten largest positions against 38.0%.
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 | HTEC | SPY |
|---|---|---|
| Expense Ratio | 0.68% | 0.09%Best |
| AUM | $77M | $814.4B |
| Dividend Yield | 0.90% | 1.01% |
| Holdings | 60 | 505 |
| YTD Return | +19.61%Best | +13.34% |
| 1Y Return | +39.74%Best | +19.97% |
| 3Y Return (annualized) | +15.28% | +21.20%Best |
| 5Y Return (annualized) | -3.03% | +12.81%Best |
| Volatility (annualized) | 22.1% | 16.4%Best |
| Max Drawdown | -57.5% | -34.1%Best |
| $10,000 over 5 years | $8,574 | $18,270Best |
| Top 10 Weight | 24.4%Best | 38.0% |
| Fund Family | Robo Global | State Street Investment Management |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Blend |
| Inception | Jun 25, 2019 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: Jun 25, 2019 to Sep 4, 2026 (7.2 years).
HTEC 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 7.2 years both funds cover.
HTEC vs SPY Performance
ROBO Global Healthcare Technology and Innovation ETF (HTEC) is an ETF from Robo Global and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year HTEC returned +39.74% while SPY returned +19.97%. Year to date, HTEC is up 19.61% versus a gain of 13.34% for SPY.
Over three years, HTEC compounded at +15.28% per year against +21.20% for SPY; over five years the annualized figures are -3.03% and +12.81% respectively. Across the full 7-year window we track, SPY has the edge at +15.68% annualized vs +8.22%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HTEC has been the more volatile fund, with annualized monthly volatility of 22.1% compared with 16.4% 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 -34.1% 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 0.73. 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 0.90% against 1.01% for SPY.
Holdings Overlap
34.6% of HTEC's money is in holdings SPY also owns. 2.2% of SPY's money is in holdings HTEC also owns.
The two portfolios partly overlap.
20 positions in common, counted across the 63 positions we hold weights for in HTEC and 504 in SPY, against full books of 60 and 505.
What only one of them owns
Our book lists 476 positions for SPY that do not appear in our book for HTEC (97.2% of the fund), and 29 for HTEC that do not appear in SPY (46.6%).
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
| Stock | Weight in HTEC | Weight in SPY | Difference |
|---|---|---|---|
| MRNAModerna therapeutics | 4.19% | 0.03% | 4.16% |
| TMOThermo Fisherscientific Inc. | 2.07% | 0.32% | 1.75% |
| VRTXNvaesrtex Pharmaceuticals Inc | 1.97% | 0.18% | 1.79% |
| IQVIqvia Holdings Inc | 1.98% | 0.06% | 1.92% |
| REGNRegeneron Pharmaceuticals, Inc. | 1.93% | 0.11% | 1.82% |
| ABTAbbott Laboratories | 1.72% | 0.28% | 1.44% |
| SYKStryker Corp 3.375 11/25 | 1.77% | 0.17% | 1.60% |
| CRLCharles River Laboratories International Inc | 1.90% | 0.02% | 1.88% |
| BSXBoston Scientific Corp. | 1.71% | 0.11% | 1.60% |
| DHRDanaher Corporation | 1.61% | 0.18% | 1.43% |
34.6% of HTEC 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.
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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, by $59 a year on a $10,000 investment.
Which performed better, HTEC or SPY?
Over the past year HTEC returned +39.74% vs +19.97% for SPY, so HTEC leads on 1-year performance. Over the longest common window we track (7 years), HTEC annualized +8.22% vs +15.68% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HTEC or SPY?
HTEC has been the more volatile fund at 22.1% annualized versus 16.4% for SPY. Worst drawdown: HTEC -57.5% vs SPY -34.1%.
Should I hold both HTEC and SPY?
HTEC and SPY have a monthly-return correlation of 0.73, 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 HTEC and SPY?
34.6% of HTEC's money is in holdings SPY also owns. 2.2% of SPY's is in holdings HTEC also owns. They hold 20 positions in common, counted across the 63 positions we hold weights for in HTEC and 504 in SPY.
Which pays a higher dividend, HTEC or SPY?
HTEC yields 0.90% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
Is SPY better than HTEC?
SPY has a lower expense ratio. HTEC led over 1Y, SPY over 3Y, 5Y and the full window. HTEC is less concentrated, with 24.4% of the fund in its ten largest positions against 38.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.