ITEQ vs SPY
Amplify BlueStar Israel Technology ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, ITEQ or SPY?
Mid Cap Blend against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 43.7%.
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 | ITEQ | SPY |
|---|---|---|
| Expense Ratio | 0.75% | 0.09%Best |
| AUM | $114M | $814.4B |
| Dividend Yield | 0.79% | 1.01% |
| Holdings | 122 | 505 |
| YTD Return | +5.58% | +12.71%Best |
| 1Y Return | +9.13% | +19.36%Best |
| 3Y Return (annualized) | - | +21.09% |
| 5Y Return (annualized) | - | +12.69% |
| Volatility (annualized) | 17.8% | 12.0%Best |
| Max Drawdown | -22.9% | -18.8%Best |
| $10,000 over 2.6 years | $13,649 | $16,331Best |
| Top 10 Weight | 43.7% | 38.0%Best |
| Fund Family | Amplify ETFs | State Street Investment Management |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | Nov 2, 2015 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Jan 31, 2024 to Sep 8, 2026 (2.6 years).
ITEQ 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 2.6 years both funds cover.
ITEQ vs SPY Performance
Amplify BlueStar Israel Technology ETF (ITEQ) 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 ITEQ returned +9.13% while SPY returned +19.36%. Year to date, ITEQ is up 5.58% versus a gain of 12.71% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ITEQ has been the more volatile fund, with annualized monthly volatility of 17.8% compared with 12.0% 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 -22.9% for ITEQ and -18.8% 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ITEQ charges 0.75% per year while SPY charges 0.09%. On a $10,000 position that is $75 vs $9 annually, a gap of $66 per year that compounds over a long holding period. On income, ITEQ currently yields 0.79% against 1.01% for SPY.
Holdings Overlap
10.0% of ITEQ's money is in holdings SPY also owns. 0.5% of SPY's money is in holdings ITEQ also owns.
ITEQ and SPY share little of their money.
1 positions in common, counted across the 59 positions we hold weights for in ITEQ and 503 in SPY, against full books of 122 and 505.
What only one of them owns
Our book lists 492 positions for SPY that do not appear in our book for ITEQ (99.0% of the fund), and 27 for ITEQ that do not appear in SPY (41.9%).
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 ITEQ | Weight in SPY | Difference |
|---|---|---|---|
| PANWPalo Alto Networks Inc - Common | 9.96% | 0.45% | 9.51% |
You are not choosing between two funds in isolation.
Whichever of ITEQ 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, ITEQ or SPY?
ITEQ has an expense ratio of 0.75% while SPY charges 0.09%. SPY is the cheaper option, by $66 a year on a $10,000 investment.
Which performed better, ITEQ or SPY?
Over the past year ITEQ returned +9.13% vs +19.36% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ITEQ or SPY?
ITEQ has been the more volatile fund at 17.8% annualized versus 12.0% for SPY. Worst drawdown: ITEQ -22.9% vs SPY -18.8%.
Should I hold both ITEQ and SPY?
ITEQ and SPY have a monthly-return correlation of 0.71, 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 ITEQ and SPY?
10.0% of ITEQ's money is in holdings SPY also owns. 0.5% of SPY's is in holdings ITEQ also owns. They hold 1 positions in common, counted across the 59 positions we hold weights for in ITEQ and 503 in SPY.
Which pays a higher dividend, ITEQ or SPY?
ITEQ yields 0.79% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
Is SPY better than ITEQ?
SPY has a lower expense ratio. SPY led over 1Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 43.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.