KMEM vs SPY

KMEM vs SPY
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Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 505 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricKMEMSPYWinner
Expense Ratio0.65%0.09%
AUM$29M$821.1B
Dividend Yield0.00%1.01%
Holdings2505
YTD Return-21.32%+13.17%
1Y Return-+21.53%
3Y Return (annualized)-+22.06%
5Y Return (annualized)-+13.35%
Volatility (annualized)-15.3%
Max Drawdown-37.1%-56.5%
Fund FamilyKurvState Street Investment Management
CategoryEquityEquity
InceptionJun 30, 2026Jan 22, 1993

KMEM vs SPY Performance

Kurv Memory Select ETF (KMEM) is a ETF from Kurv and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, KMEM is down 21.32% versus a gain of 13.17% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -37.1% for KMEM and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

KMEM charges 0.65% per year while SPY charges 0.09%. On a $10,000 position that is $65 vs $9 annually, a gap of $56 per year that compounds over a long holding period. On income, KMEM currently yields 0.00% against 1.01% for SPY.

Holdings Overlap

0.0%overlap

KMEM and SPY share 0 holdings out of 506 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, KMEM or SPY?

KMEM has an expense ratio of 0.65% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $56 per year of difference.

What is the holdings overlap between KMEM and SPY?

KMEM and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 506 unique securities.

Which pays a higher dividend, KMEM or SPY?

KMEM yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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