LDRC vs SPY

LDRC vs SPY

Which is better, LDRC or SPY?

SPY has been ahead.

SPY has a lower expense ratio. SPY led over 1Y and the full window.

Lower Fees: SPYHigher Returns: SPY

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

MetricLDRCSPY
Expense Ratio0.10%0.09%Best
AUM$90M$804.7B
Dividend Yield4.22%0.98%
Holdings3,401505
YTD Return+0.56%+10.96%Best
1Y Return+1.64%+15.52%Best
3Y Return (annualized)-+20.73%
5Y Return (annualized)-+12.53%
Volatility (annualized)1.4%Best12.8%
Max Drawdown-1.1%Best-18.8%
$10,000 over 1.9 years$10,738$12,947Best
Top 10 Weight-37.8%
Fund FamilyiShares by BlackRock (US)State Street Investment Management
CategoryFixed IncomeEquity
Style-Large Cap Blend
InceptionNov 7, 2024Jan 22, 1993

Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Nov 8, 2024 to Sep 16, 2026 (1.9 years).

LDRC 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 1.9 years both funds cover.

LDRC vs SPY Performance

iShares iBonds 1-5 Year Corporate Ladder ETF (LDRC) is an ETF from iShares by BlackRock (US) and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year LDRC returned +1.64% while SPY returned +15.52%. Year to date, LDRC is up 0.56% versus a gain of 10.96% 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 12.8% compared with 1.4% for LDRC. 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 -1.1% for LDRC 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 0.29. They move largely independently of each other.

Fees and Cost Over Time

LDRC charges 0.10% per year while SPY charges 0.09%. On a $10,000 position that is $10 vs $9 annually, a gap of $1 per year that compounds over a long holding period. On income, LDRC currently yields 4.22% against 0.98% for SPY.

Holdings Overlap

We hold position weights for 6 holdings in LDRC and 504 in SPY, totalling 100.0% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.

0 positions in common, counted across the 6 positions we hold weights for in LDRC and 504 in SPY, against full books of 3,401 and 505.

What only one of them owns

Our book lists 497 positions for SPY that do not appear in our book for LDRC (99.3% of the fund), and 6 for LDRC that do not appear in SPY (100.0%).

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.

You are not choosing between two funds in isolation.

Whichever of LDRC and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

LDRCSPY

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, LDRC or SPY?

LDRC has an expense ratio of 0.10% while SPY charges 0.09%. SPY is the cheaper option, by $1 a year on a $10,000 investment.

Which performed better, LDRC or SPY?

Over the past year LDRC returned +1.64% vs +15.52% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), LDRC annualized +3.82% vs +14.56% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, LDRC or SPY?

SPY has been the more volatile fund at 12.8% annualized versus 1.4% for LDRC. Worst drawdown: LDRC -1.1% vs SPY -18.8%.

Should I hold both LDRC and SPY?

LDRC and SPY have a monthly-return correlation of 0.29, 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, LDRC or SPY?

LDRC yields 4.22% while SPY yields 0.98%, so LDRC currently pays the higher dividend yield.

Is SPY better than LDRC?

SPY has a lower expense ratio. SPY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.