LPSV vs SPY
Lone Peak SMID Value ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, LPSV or SPY?
Small Cap Value against Large Cap Blend.
SPY has a lower expense ratio. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 52.3%.
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 | LPSV | SPY |
|---|---|---|
| Expense Ratio | 0.70% | 0.09%Best |
| AUM | $477,462.13 | $823.2B |
| Dividend Yield | 0.00% | 0.99% |
| Holdings | 25 | 1,515 |
| YTD Return | -1.92% | +13.50%Best |
| 1Y Return | - | +13.13% |
| 3Y Return (annualized) | - | +24.30% |
| 5Y Return (annualized) | - | +12.37% |
| Top 10 Weight | 52.3% | 38.2%Best |
| Fund Family | Lone Peak Global Investors, LLC | State Street Investment Management |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Blend |
| Inception | Sep 14, 2026 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
LPSV 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
LPSV vs SPY Performance
Lone Peak SMID Value ETF (LPSV) is an ETF from Lone Peak Global Investors, LLC and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, LPSV is down 1.92% versus a gain of 13.50% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
LPSV charges 0.70% per year while SPY charges 0.09%. On a $10,000 position that is $70 vs $9 annually, a gap of $61 per year that compounds over a long holding period. On income, LPSV currently yields 0.00% against 0.99% for SPY.
Holdings Overlap
18.1% of LPSV's money is in holdings SPY also owns. 0.2% of SPY's money is in holdings LPSV also owns.
LPSV and SPY share little of their money.
5 positions in common, counted across the 25 positions we hold weights for in LPSV and 504 in SPY, against full books of 25 and 1,515.
What only one of them owns
Measured across the 25 and 504 positions we hold weights for.
SPY holds 492 positions LPSV does not, 99.0% of the fund.
Largest: NVDA 7.78%, AAPL 7.45%, MSFT 5.71%, AMZN 3.78%, GOOGL 3.12%
You are not choosing between two funds in isolation.
Whichever of LPSV 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, LPSV or SPY?
LPSV has an expense ratio of 0.70% while SPY charges 0.09%. SPY is the cheaper option, by $61 a year on a $10,000 investment.
What is the holdings overlap between LPSV and SPY?
18.1% of LPSV's money is in holdings SPY also owns. 0.2% of SPY's is in holdings LPSV also owns. They hold 5 positions in common, counted across the 25 positions we hold weights for in LPSV and 504 in SPY.
Which pays a higher dividend, LPSV or SPY?
LPSV yields 0.00% while SPY yields 0.99%, so SPY currently pays the higher dividend yield.
Is SPY better than LPSV?
SPY has a lower expense ratio. SPY is less concentrated, with 38.2% of the fund in its ten largest positions against 52.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.