ICPY vs SPY
International Insider + Value ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. ICPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | ICPY | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.80% | 0.09% | |
| AUM | $73M | $789.1B | |
| Dividend Yield | 4.07% | 1.01% | |
| Holdings | 152 | 505 | |
| YTD Return | +20.55% | +13.79% | |
| 1Y Return | +38.37% | +23.66% | |
| 3Y Return (annualized) | - | +21.40% | |
| 5Y Return (annualized) | - | +13.37% | |
| Volatility (annualized) | - | 15.3% | |
| Max Drawdown | -8.9% | -56.5% | |
| Fund Family | Tweedy Browne Funds | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Sep 10, 2025 | Jan 22, 1993 |
ICPY vs SPY Performance
International Insider + Value ETF (ICPY) is a ETF from Tweedy Browne Funds and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year ICPY returned +38.37% while SPY returned +23.66%. Year to date, ICPY is up 20.55% versus a gain of 13.79% for SPY.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -8.9% for ICPY and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
ICPY charges 0.80% per year while SPY charges 0.09%. On a $10,000 position that is $80 vs $9 annually, a gap of $71 per year that compounds over a long holding period. On income, ICPY currently yields 4.07% against 1.01% for SPY.
Holdings Overlap
ICPY and SPY share 1 holdings out of 619 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in ICPY | Weight in SPY | Difference |
|---|---|---|---|
| LULU | 0.63% | 0.02% | 0.61% |
Frequently Asked Questions
Which is cheaper, ICPY or SPY?
ICPY has an expense ratio of 0.80% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $71 per year of difference.
Which performed better, ICPY or SPY?
Over the past year ICPY returned +38.37% vs +23.66% for SPY, so ICPY leads on 1-year performance. Past performance does not guarantee future results.
What is the holdings overlap between ICPY and SPY?
ICPY and SPY share 1 common holdings with a 0.0% weight overlap. Combined, they hold 619 unique securities.
Which pays a higher dividend, ICPY or SPY?
ICPY yields 4.07% while SPY yields 1.01%, so ICPY currently pays the higher dividend yield.
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