ITOL vs SPY
Tema International Durable Quality ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, ITOL or SPY?
Large Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. ITOL is less concentrated, with 34.9% of the fund in its ten largest positions against 37.8%.
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 | ITOL | SPY |
|---|---|---|
| Expense Ratio | 0.60% | 0.09%Best |
| AUM | $529,205.15 | $804.7B |
| Dividend Yield | 0.04% | 0.98% |
| Holdings | 41 | 505 |
| Top 10 Weight | 34.9%Best | 37.8% |
| Fund Family | Tema Global Limited | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Sep 10, 2025 | Jan 22, 1993 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window.
The two price series end 130 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. ITOL has data through May 14, 2026 and SPY through Sep 21, 2026.
Fees and Cost Over Time
ITOL charges 0.60% per year while SPY charges 0.09%. On a $10,000 position that is $60 vs $9 annually, a gap of $51 per year that compounds over a long holding period. On income, ITOL currently yields 0.04% against 0.98% for SPY.
Holdings Overlap
10.4% of ITOL's money is in holdings SPY also owns. 0.6% of SPY's money is in holdings ITOL also owns.
ITOL and SPY share little of their money.
The two holdings books were reported 244 days apart, ITOL as of Dec 31, 2025 and SPY as of Sep 1, 2026, so some of the difference between them is the time between the two reports rather than the funds.
4 positions in common, counted across the 41 positions we hold weights for in ITOL and 504 in SPY, against full books of 41 and 505.
What only one of them owns
Our book lists 493 positions for SPY that do not appear in our book for ITOL (98.8% of the fund), and 3 for ITOL that do not appear in SPY (6.5%).
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.
You are not choosing between two funds in isolation.
Whichever of ITOL 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, ITOL or SPY?
ITOL has an expense ratio of 0.60% while SPY charges 0.09%. SPY is the cheaper option, by $51 a year on a $10,000 investment.
What is the holdings overlap between ITOL and SPY?
10.4% of ITOL's money is in holdings SPY also owns. 0.6% of SPY's is in holdings ITOL also owns. They hold 4 positions in common, counted across the 41 positions we hold weights for in ITOL and 504 in SPY.
Which pays a higher dividend, ITOL or SPY?
ITOL yields 0.04% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than ITOL?
SPY has a lower expense ratio. ITOL is less concentrated, with 34.9% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.