LFGY vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: SPYMore Diversified: SPY

Side-by-Side Comparison

MetricLFGYSPYWinner
Expense Ratio1.02%0.09%
AUM$94M$789.1B
Dividend Yield85.42%1.01%
Holdings86505
YTD Return+1.45%+13.79%
1Y Return-4.87%+23.66%
3Y Return (annualized)-+21.40%
5Y Return (annualized)-+13.37%
Volatility (annualized)34.5%15.3%
Max Drawdown-35.9%-56.5%
Fund FamilyYieldMax ETFState Street Investment Management
CategoryAlternativeEquity
InceptionJan 13, 2025Jan 22, 1993

LFGY vs SPY Performance

YieldMax Crypto Industry & Tech Portfolio Option Income ETF (LFGY) is a ETF from YieldMax ETF and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year LFGY returned -4.87% while SPY returned +23.66%. Year to date, LFGY is up 1.45% versus a gain of 13.79% for SPY.

Risk: Volatility and Drawdowns

LFGY has been the more volatile fund, with annualized monthly volatility of 34.5% 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 -35.9% for LFGY 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 0.74. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

LFGY charges 1.02% per year while SPY charges 0.09%. On a $10,000 position that is $102 vs $9 annually, a gap of $93 per year that compounds over a long holding period. On income, LFGY currently yields 85.42% against 1.01% for SPY.

Holdings Overlap

5.9%overlap

LFGY and SPY share 4 holdings out of 521 unique holdings combined, representing a 5.9% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in LFGYWeight in SPYDifference
NVDA5.69%7.31%1.62%
SQ5.88%0.07%5.81%
PYPL4.73%0.06%4.67%
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Frequently Asked Questions

Which is cheaper, LFGY or SPY?

LFGY has an expense ratio of 1.02% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $93 per year of difference.

Which performed better, LFGY or SPY?

Over the past year LFGY returned -4.87% vs +23.66% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), LFGY annualized -1.91% vs +8.85% for SPY. Past performance does not guarantee future results.

Which is riskier, LFGY or SPY?

LFGY has been the more volatile fund at 34.5% annualized versus 15.3% for SPY. Worst drawdown: LFGY -35.9% vs SPY -56.5%.

Should I hold both LFGY and SPY?

LFGY and SPY have a monthly-return correlation of 0.74, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between LFGY and SPY?

LFGY and SPY share 4 common holdings with a 5.9% weight overlap. Combined, they hold 521 unique securities.

Which pays a higher dividend, LFGY or SPY?

LFGY yields 85.42% while SPY yields 1.01%, so LFGY currently pays the higher dividend yield.

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