JETS vs SPY
US Global Jets ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, JETS or SPY?
Mid Cap Value against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 61.8%.
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 | JETS | SPY |
|---|---|---|
| Expense Ratio | 0.60% | 0.09%Best |
| AUM | $783M | $814.4B |
| Dividend Yield | 0.74% | 1.01% |
| Holdings | 56 | 505 |
| YTD Return | +1.80% | +13.34%Best |
| 1Y Return | +11.81% | +19.97%Best |
| 3Y Return (annualized) | +15.42% | +21.20%Best |
| 5Y Return (annualized) | +5.02% | +12.81%Best |
| Volatility (annualized) | 30.3% | 15.1%Best |
| Max Drawdown | -64.9% | -34.1%Best |
| $10,000 over 5 years | $12,775 | $18,270Best |
| Top 10 Weight | 61.8% | 38.0%Best |
| Fund Family | U.S. Global Investors, Inc. | State Street Investment Management |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | Apr 30, 2015 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: Apr 30, 2015 to Sep 4, 2026 (11.3 years).
JETS 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 11.3 years both funds cover.
JETS vs SPY Performance
US Global Jets ETF (JETS) is an ETF from U.S. Global Investors, Inc. and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year JETS returned +11.81% while SPY returned +19.97%. Year to date, JETS is up 1.80% versus a gain of 13.34% for SPY.
Over three years, JETS compounded at +15.42% per year against +21.20% for SPY; over five years the annualized figures are +5.02% and +12.81% respectively. Across the full 11-year window we track, SPY has the edge at +12.94% annualized vs +2.11%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JETS has been the more volatile fund, with annualized monthly volatility of 30.3% compared with 15.1% 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 -64.9% for JETS 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 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
JETS 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, JETS currently yields 0.74% against 1.01% for SPY.
Holdings Overlap
41.5% of JETS's money is in holdings SPY also owns. 0.9% of SPY's money is in holdings JETS also owns.
The two portfolios partly overlap.
8 positions in common, counted across the 49 positions we hold weights for in JETS and 503 in SPY, against full books of 56 and 505.
What only one of them owns
Our book lists 485 positions for SPY that do not appear in our book for JETS (98.5% of the fund), and 10 for JETS that do not appear in SPY (32.5%).
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.
Top Shared Holdings
| Stock | Weight in JETS | Weight in SPY | Difference |
|---|---|---|---|
| UALUnited Airlines Holdings, Inc. | 10.56% | 0.06% | 10.50% |
| DALDelta Air Lines Inc. | 10.36% | 0.09% | 10.27% |
| LUVSouthwest Airlines Co. | 9.42% | 0.04% | 9.38% |
| EXPEExpedia Group Inc. | 2.85% | 0.05% | 2.80% |
| BKNGBooking Holdings, Inc. | 2.53% | 0.23% | 2.30% |
| GDGeneral Dynamics Corp. | 2.13% | 0.15% | 1.98% |
| BABoeing Co | 1.92% | 0.28% | 1.64% |
| TXTTextron Inc Sr Unsec | 1.78% | 0.02% | 1.76% |
41.5% of JETS 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, JETS or SPY?
JETS 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.
Which performed better, JETS or SPY?
Over the past year JETS returned +11.81% vs +19.97% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (11 years), JETS annualized +2.11% vs +12.94% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JETS or SPY?
JETS has been the more volatile fund at 30.3% annualized versus 15.1% for SPY. Worst drawdown: JETS -64.9% vs SPY -34.1%.
Should I hold both JETS and SPY?
JETS and SPY have a monthly-return correlation of 0.66, 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 JETS and SPY?
41.5% of JETS's money is in holdings SPY also owns. 0.9% of SPY's is in holdings JETS also owns. They hold 8 positions in common, counted across the 49 positions we hold weights for in JETS and 503 in SPY.
Which pays a higher dividend, JETS or SPY?
JETS yields 0.74% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
Is SPY better than JETS?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 61.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.