KOID vs SPY

KOID vs SPY
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Quick Verdict

SPY has a lower expense ratio. KOID delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.

Lower Fees: SPYHigher Returns: KOIDMore Diversified: SPY

Side-by-Side Comparison

MetricKOIDSPYWinner
Expense Ratio0.69%0.09%
AUM$318M$821.1B
Dividend Yield0.75%1.01%
Holdings57505
YTD Return+14.58%+13.17%
1Y Return+29.72%+21.53%
3Y Return (annualized)-+22.06%
5Y Return (annualized)-+13.35%
Volatility (annualized)32.0%15.3%
Max Drawdown-19.6%-56.5%
Fund FamilyKraneSharesState Street Investment Management
CategoryEquityEquity
InceptionAug 1, 2020Jan 22, 1993

KOID vs SPY Performance

KraneShares Global Humanoid Robotics and Physical AI Index ETF (KOID) is a ETF from KraneShares and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year KOID returned +29.72% while SPY returned +21.53%. Year to date, KOID is up 14.58% versus a gain of 13.17% for SPY.

Risk: Volatility and Drawdowns

KOID has been the more volatile fund, with annualized monthly volatility of 32.0% compared with 15.3% 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 -19.6% for KOID and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

KOID charges 0.69% per year while SPY charges 0.09%. On a $10,000 position that is $69 vs $9 annually, a gap of $60 per year that compounds over a long holding period. On income, KOID currently yields 0.75% against 1.01% for SPY.

Holdings Overlap

4.6%overlap

KOID and SPY share 8 holdings out of 545 unique holdings combined, representing a 4.6% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in KOIDWeight in SPYDifference
NVDA2.03%7.71%5.68%
TSLA2.03%1.38%0.65%
TXN2.01%0.39%1.62%
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Frequently Asked Questions

Which is cheaper, KOID or SPY?

KOID has an expense ratio of 0.69% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $60 per year of difference.

Which performed better, KOID or SPY?

Over the past year KOID returned +29.72% vs +21.53% for SPY, so KOID leads on 1-year performance. Over the longest common window we track (1 years), KOID annualized +38.52% vs +8.82% for SPY. Past performance does not guarantee future results.

Which is riskier, KOID or SPY?

KOID has been the more volatile fund at 32.0% annualized versus 15.3% for SPY. Worst drawdown: KOID -19.6% vs SPY -56.5%.

Should I hold both KOID and SPY?

KOID and SPY have a monthly-return correlation of 0.78, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between KOID and SPY?

KOID and SPY share 8 common holdings with a 4.6% weight overlap. Combined, they hold 545 unique securities.

Which pays a higher dividend, KOID or SPY?

KOID yields 0.75% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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