JUNW vs SPY
AllianzIM US Equity Buffer20 Jun ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, JUNW or SPY?
Multi Alternative against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window.
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 | JUNW | SPY |
|---|---|---|
| Expense Ratio | 0.74% | 0.09%Best |
| AUM | $374M | $804.7B |
| Dividend Yield | 0.00% | 0.98% |
| Holdings | 5 | 505 |
| YTD Return | +3.86% | +10.96%Best |
| 1Y Return | +6.02% | +15.52%Best |
| 3Y Return (annualized) | +10.16% | +20.73%Best |
| 5Y Return (annualized) | - | +12.53% |
| Volatility (annualized) | 5.1%Best | 12.7% |
| Max Drawdown | -8.6%Best | -18.8% |
| $10,000 over 3.3 years | $13,770 | $18,646Best |
| Fund Family | AllianzIM | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | May 31, 2023 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.3 years row, are measured over the window both funds cover: Jun 1, 2023 to Sep 16, 2026 (3.3 years).
JUNW 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 3.3 years both funds cover.
JUNW vs SPY Performance
AllianzIM US Equity Buffer20 Jun ETF (JUNW) is an ETF from AllianzIM and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year JUNW returned +6.02% while SPY returned +15.52%. Year to date, JUNW is up 3.86% versus a gain of 10.96% for SPY.
Over three years, JUNW compounded at +10.16% per year against +20.73% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 12.7% compared with 5.1% for JUNW. 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 -8.6% for JUNW 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JUNW charges 0.74% per year while SPY charges 0.09%. On a $10,000 position that is $74 vs $9 annually, a gap of $65 per year that compounds over a long holding period. On income, JUNW currently yields 0.00% against 0.98% for SPY.
You are not choosing between two funds in isolation.
Whichever of JUNW 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, JUNW or SPY?
JUNW has an expense ratio of 0.74% while SPY charges 0.09%. SPY is the cheaper option, by $65 a year on a $10,000 investment.
Which performed better, JUNW or SPY?
Over the past year JUNW returned +6.02% vs +15.52% 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, JUNW or SPY?
SPY has been the more volatile fund at 12.7% annualized versus 5.1% for JUNW. Worst drawdown: JUNW -8.6% vs SPY -18.8%.
Should I hold both JUNW and SPY?
JUNW and SPY have a monthly-return correlation of 0.83, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, JUNW or SPY?
JUNW yields 0.00% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than JUNW?
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.