KRMA vs SPY

KRMA vs SPY

Which is better, KRMA or SPY?

Nearly the same fund. SPY costs less.

SPY has a lower expense ratio. SPY led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99. KRMA is less concentrated, with 31.8% of the fund in its ten largest positions against 37.8%.

Lower Fees: SPYHigher Returns: SPYLess Concentrated: KRMA

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

MetricKRMASPY
Expense Ratio0.43%0.09%Best
AUM$118M$804.7B
Dividend Yield2.42%0.98%
Holdings145505
Volatility (annualized)15.9%15.4%Best
Max Drawdown-36.2%-34.1%Best
$10,000 over 10 years$33,438$37,366Best
Top 10 Weight31.8%Best37.8%
Fund FamilyGlobal X by mirae AssetState Street Investment Management
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Blend
InceptionJul 11, 2016Jan 22, 1993

Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).

The two price series end 59 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. KRMA has data through Jul 21, 2026 and SPY through Sep 18, 2026.

Volatility and max drawdown, and the $10,000 over 10 years row, are measured over the window both funds cover: Jul 12, 2016 to Jul 21, 2026 (10 years).

Risk: Volatility and Drawdowns

KRMA has been the more volatile fund, with annualized monthly volatility of 15.9% compared with 15.4% 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 -36.2% for KRMA 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 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

KRMA charges 0.43% per year while SPY charges 0.09%. On a $10,000 position that is $43 vs $9 annually, a gap of $34 per year that compounds over a long holding period. On income, KRMA currently yields 2.42% against 0.98% for SPY.

Holdings Overlap

KRMA already in SPY91.6%
SPY already in KRMA64.0%

91.6% of KRMA's money is in holdings SPY also owns. 64.0% of SPY's money is in holdings KRMA also owns.

Most of KRMA is already inside SPY. Owning both mostly buys the same companies twice.

The two holdings books were reported 124 days apart, KRMA as of Apr 30, 2026 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.

127 positions in common, counted across the 143 positions we hold weights for in KRMA and 504 in SPY, against full books of 145 and 505.

What only one of them owns

Our book lists 370 positions for SPY that do not appear in our book for KRMA (35.3% of the fund), and 16 for KRMA that do not appear in SPY (8.3%).

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

StockWeight in KRMAWeight in SPYDifference
NVDANvidia Corp7.44%8.01%0.57%
AAPLApple, Inc5.82%7.26%1.44%
MSFTMicrosoft Corp3.93%5.66%1.73%
GOOGLAlphabet Inc,class A5.39%2.99%2.40%
AMZNAmazon.Com Inc3.17%3.79%0.62%
AVGOBroadcom Inc2.25%2.66%0.41%
METAMeta Platforms Inc1.21%1.93%0.72%
MUMicron Technology, Inc.0.84%1.60%0.76%
TSLATesla Inc0.84%1.52%0.68%
LLYEli Lilly & Co.0.54%1.40%0.86%

91.6% of KRMA 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.

KRMASPY

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Frequently Asked Questions

Which is cheaper, KRMA or SPY?

KRMA has an expense ratio of 0.43% while SPY charges 0.09%. SPY is the cheaper option, by $34 a year on a $10,000 investment.

Which is riskier, KRMA or SPY?

KRMA has been the more volatile fund at 15.9% annualized versus 15.4% for SPY. Worst drawdown: KRMA -36.2% vs SPY -34.1%.

Should I hold both KRMA and SPY?

KRMA and SPY have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.

What is the holdings overlap between KRMA and SPY?

91.6% of KRMA's money is in holdings SPY also owns. 64.0% of SPY's is in holdings KRMA also owns. They hold 127 positions in common, counted across the 143 positions we hold weights for in KRMA and 504 in SPY.

Which pays a higher dividend, KRMA or SPY?

KRMA yields 2.42% while SPY yields 0.98%, so KRMA currently pays the higher dividend yield.

Is SPY better than KRMA?

SPY has a lower expense ratio. SPY led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99. KRMA is less concentrated, with 31.8% 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.