IOYY vs SPY
GraniteShares YieldBOOST IONQ ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, IOYY or SPY?
Option Writing against Large Cap Blend.
SPY has a lower expense ratio.
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 | IOYY | SPY |
|---|---|---|
| Expense Ratio | 1.07% | 0.09%Best |
| AUM | $4M | $804.7B |
| Dividend Yield | 206.94% | 0.98% |
| Holdings | 8 | 505 |
| YTD Return | -32.19% | +11.97%Best |
| 1Y Return | - | +16.40% |
| 3Y Return (annualized) | - | +21.10% |
| 5Y Return (annualized) | - | +12.88% |
| Fund Family | GraniteShares | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Blend |
| Inception | Nov 4, 2025 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
IOYY 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IOYY vs SPY Performance
GraniteShares YieldBOOST IONQ ETF (IOYY) is an ETF from GraniteShares and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, IOYY is down 32.19% versus a gain of 11.97% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
IOYY charges 1.07% per year while SPY charges 0.09%. On a $10,000 position that is $107 vs $9 annually, a gap of $98 per year that compounds over a long holding period. On income, IOYY currently yields 206.94% against 0.98% for SPY.
You are not choosing between two funds in isolation.
Whichever of IOYY and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IOYY or SPY?
IOYY has an expense ratio of 1.07% while SPY charges 0.09%. SPY is the cheaper option, by $98 a year on a $10,000 investment.
Which pays a higher dividend, IOYY or SPY?
IOYY yields 206.94% while SPY yields 0.98%, so IOYY currently pays the higher dividend yield.
Is SPY better than IOYY?
SPY has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.