LDRT vs SPY
LDRT vs SPY
iShares iBonds 1-5 Year Treasury Ladder ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
LDRT has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | LDRT | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.07% | 0.09% | |
| AUM | $207M | $789.1B | |
| Dividend Yield | 3.79% | 1.01% | |
| Holdings | 180 | 505 | |
| YTD Return | +0.34% | +13.79% | |
| 1Y Return | +2.44% | +23.66% | |
| 3Y Return (annualized) | - | +21.40% | |
| 5Y Return (annualized) | - | +13.37% | |
| Volatility (annualized) | 1.7% | 15.3% | |
| Max Drawdown | -1.4% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management | |
| Category | Fixed Income | Equity | |
| Inception | Nov 7, 2024 | Jan 22, 1993 |
LDRT vs SPY Performance
iShares iBonds 1-5 Year Treasury Ladder ETF (LDRT) is a ETF from iShares by BlackRock (US) and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year LDRT returned +2.44% while SPY returned +23.66%. Year to date, LDRT is up 0.34% versus a gain of 13.79% for SPY.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 1.7% for LDRT. 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 -1.4% for LDRT 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 -0.06. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
LDRT charges 0.07% per year while SPY charges 0.09%. On a $10,000 position that is $7 vs $9 annually, a gap of $2 per year that compounds over a long holding period. On income, LDRT currently yields 3.79% against 1.01% for SPY.
Holdings Overlap
LDRT and SPY share 0 holdings out of 508 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, LDRT or SPY?
LDRT has an expense ratio of 0.07% while SPY charges 0.09%. LDRT is the cheaper option. On a $10,000 investment, that is $2 per year of difference.
Which performed better, LDRT or SPY?
Over the past year LDRT returned +2.44% vs +23.66% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), LDRT annualized +3.67% vs +8.85% for SPY. Past performance does not guarantee future results.
Which is riskier, LDRT or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 1.7% for LDRT. Worst drawdown: LDRT -1.4% vs SPY -56.5%.
Should I hold both LDRT and SPY?
LDRT and SPY have a monthly-return correlation of -0.06, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between LDRT and SPY?
LDRT and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 508 unique securities.
Which pays a higher dividend, LDRT or SPY?
LDRT yields 3.79% while SPY yields 1.01%, so LDRT currently pays the higher dividend yield.
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