LFEQ vs SPY
VanEck Long/Flat Trend ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, LFEQ or SPY?
SPY has been ahead.
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93.
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
| Metric | LFEQ | SPY |
|---|---|---|
| Expense Ratio | 0.58% | 0.09%Best |
| AUM | $28M | $804.7B |
| Dividend Yield | 0.80% | 0.98% |
| Holdings | 2 | 505 |
| YTD Return | +11.96% | +12.22%Best |
| 1Y Return | +16.47% | +16.97%Best |
| 3Y Return (annualized) | +17.11% | +21.16%Best |
| 5Y Return (annualized) | +9.09% | +13.00%Best |
| Volatility (annualized) | 14.8%Best | 16.2% |
| Max Drawdown | -35.2% | -34.1%Best |
| $10,000 over 5 years | $15,450 | $18,424Best |
| Fund Family | VanEck | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Oct 4, 2017 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 5, 2017 to Sep 17, 2026 (9 years).
LFEQ 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 9 years both funds cover.
LFEQ vs SPY Performance
VanEck Long/Flat Trend ETF (LFEQ) is an ETF from VanEck and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year LFEQ returned +16.47% while SPY returned +16.97%. Year to date, LFEQ is up 11.96% versus a gain of 12.22% for SPY.
Over three years, LFEQ compounded at +17.11% per year against +21.16% for SPY; over five years the annualized figures are +9.09% and +13.00% respectively. Across the full 9-year window we track, SPY has the edge at +13.98% annualized vs +11.61%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 16.2% compared with 14.8% for LFEQ. 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 -35.2% for LFEQ 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
LFEQ charges 0.58% per year while SPY charges 0.09%. On a $10,000 position that is $58 vs $9 annually, a gap of $49 per year that compounds over a long holding period. On income, LFEQ currently yields 0.80% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 1 holding in LFEQ and 504 in SPY, totalling 99.8% 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 1 positions we hold weights for in LFEQ and 504 in SPY, against full books of 2 and 505.
You are not choosing between two funds in isolation.
Whichever of LFEQ and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, LFEQ or SPY?
LFEQ has an expense ratio of 0.58% while SPY charges 0.09%. SPY is the cheaper option, by $49 a year on a $10,000 investment.
Which performed better, LFEQ or SPY?
Over the past year LFEQ returned +16.47% vs +16.97% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (9 years), LFEQ annualized +11.61% vs +13.98% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LFEQ or SPY?
SPY has been the more volatile fund at 16.2% annualized versus 14.8% for LFEQ. Worst drawdown: LFEQ -35.2% vs SPY -34.1%.
Should I hold both LFEQ and SPY?
LFEQ and SPY have a monthly-return correlation of 0.93, 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.
Which pays a higher dividend, LFEQ or SPY?
LFEQ yields 0.80% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than LFEQ?
SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.93. Which one suits a particular account depends on what it is for. This is information, not a recommendation.