IBUY vs SPY
Amplify Online Retail ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, IBUY or SPY?
Mid Cap Blend against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. IBUY is less concentrated, with 28.8% 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 | IBUY | SPY |
|---|---|---|
| Expense Ratio | 0.65% | 0.09%Best |
| AUM | $125M | $804.7B |
| Dividend Yield | 0.42% | 0.98% |
| Holdings | 86 | 505 |
| YTD Return | -8.87% | +11.52%Best |
| 1Y Return | -9.66% | +17.48%Best |
| 3Y Return (annualized) | +12.84% | +20.62%Best |
| 5Y Return (annualized) | -9.92% | +12.73%Best |
| Volatility (annualized) | 28.9% | 15.2%Best |
| Max Drawdown | -73.0% | -34.1%Best |
| $10,000 over 5 years | $5,931 | $18,205Best |
| Top 10 Weight | 28.8%Best | 38.0% |
| Fund Family | Amplify ETFs | State Street Investment Management |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | Apr 19, 2016 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: Apr 20, 2016 to Sep 10, 2026 (10.4 years).
IBUY 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 10.4 years both funds cover.
IBUY vs SPY Performance
Amplify Online Retail ETF (IBUY) is an ETF from Amplify ETFs and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year IBUY returned -9.66% while SPY returned +17.48%. Year to date, IBUY is down 8.87% versus a gain of 11.52% for SPY.
Over three years, IBUY compounded at +12.84% per year against +20.62% for SPY; over five years the annualized figures are -9.92% and +12.73% respectively. Across the full 10-year window we track, SPY has the edge at +13.95% annualized vs +9.97%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IBUY has been the more volatile fund, with annualized monthly volatility of 28.9% compared with 15.2% 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 -73.0% for IBUY 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IBUY charges 0.65% per year while SPY charges 0.09%. On a $10,000 position that is $65 vs $9 annually, a gap of $56 per year that compounds over a long holding period. On income, IBUY currently yields 0.42% against 0.98% for SPY.
Holdings Overlap
30.7% of IBUY's money is in holdings SPY also owns. 13.5% of SPY's money is in holdings IBUY also owns.
The two portfolios partly overlap.
20 positions in common, counted across the 83 positions we hold weights for in IBUY and 504 in SPY, against full books of 86 and 505.
What only one of them owns
Our book lists 475 positions for SPY that do not appear in our book for IBUY (86.0% of the fund), and 32 for IBUY that do not appear in SPY (49.6%).
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 IBUY | Weight in SPY | Difference |
|---|---|---|---|
| AAPLApple, Inc | 0.61% | 6.83% | 6.22% |
| AMZNAmazon.Com Inc | 2.13% | 4.08% | 1.95% |
| DASHDoordash Inc | 3.11% | 0.12% | 2.99% |
| ABNBAirbnb Inc | 2.95% | 0.09% | 2.86% |
| EXPEExpedia Group Inc. | 2.89% | 0.05% | 2.84% |
| BKNGBooking Holdings, Inc. | 2.66% | 0.23% | 2.43% |
| PYPLPaypal Holdings Inc | 2.56% | 0.08% | 2.48% |
| UBERUber Technologies Inc | 2.15% | 0.22% | 1.93% |
| CPRTCopart Inc | 2.22% | 0.04% | 2.18% |
| EBAYEbay Inc. | 2.15% | 0.07% | 2.08% |
30.7% of IBUY 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, IBUY or SPY?
IBUY has an expense ratio of 0.65% while SPY charges 0.09%. SPY is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, IBUY or SPY?
Over the past year IBUY returned -9.66% vs +17.48% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (10 years), IBUY annualized +9.97% vs +13.95% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IBUY or SPY?
IBUY has been the more volatile fund at 28.9% annualized versus 15.2% for SPY. Worst drawdown: IBUY -73.0% vs SPY -34.1%.
Should I hold both IBUY and SPY?
IBUY and SPY have a monthly-return correlation of 0.76, 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 IBUY and SPY?
30.7% of IBUY's money is in holdings SPY also owns. 13.5% of SPY's is in holdings IBUY also owns. They hold 20 positions in common, counted across the 83 positions we hold weights for in IBUY and 504 in SPY.
Which pays a higher dividend, IBUY or SPY?
IBUY yields 0.42% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than IBUY?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. IBUY is less concentrated, with 28.8% 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.