LQAI vs SPY
LG QRAFT AI-Powered US Large Cap Core ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. LQAI delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | LQAI | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.09% | |
| AUM | $2M | $821.1B | |
| Dividend Yield | 0.95% | 1.01% | |
| Holdings | 101 | 505 | |
| YTD Return | +17.85% | +12.68% | |
| 1Y Return | +23.95% | +21.82% | |
| 3Y Return (annualized) | - | +21.98% | |
| 5Y Return (annualized) | - | +12.89% | |
| Volatility (annualized) | 15.4% | 15.3% | |
| Max Drawdown | -21.2% | -56.5% | |
| Fund Family | QRAFT AI ETFs | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Nov 7, 2023 | Jan 22, 1993 |
LQAI vs SPY Performance
LG QRAFT AI-Powered US Large Cap Core ETF (LQAI) is a ETF from QRAFT AI ETFs and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year LQAI returned +23.95% while SPY returned +21.82%. Year to date, LQAI is up 17.85% versus a gain of 12.68% for SPY.
Risk: Volatility and Drawdowns
LQAI has been the more volatile fund, with annualized monthly volatility of 15.4% 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 -21.2% for LQAI 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
LQAI charges 0.75% per year while SPY charges 0.09%. On a $10,000 position that is $75 vs $9 annually, a gap of $66 per year that compounds over a long holding period. On income, LQAI currently yields 0.95% against 1.01% for SPY.
Holdings Overlap
LQAI and SPY share 76 holdings out of 519 unique holdings combined, representing a 31.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, LQAI or SPY?
LQAI has an expense ratio of 0.75% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $66 per year of difference.
Which performed better, LQAI or SPY?
Over the past year LQAI returned +23.95% vs +21.82% for SPY, so LQAI leads on 1-year performance. Over the longest common window we track (3 years), LQAI annualized +25.09% vs +8.81% for SPY. Past performance does not guarantee future results.
Which is riskier, LQAI or SPY?
LQAI has been the more volatile fund at 15.4% annualized versus 15.3% for SPY. Worst drawdown: LQAI -21.2% vs SPY -56.5%.
Should I hold both LQAI and SPY?
LQAI and SPY have a monthly-return correlation of 0.86, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between LQAI and SPY?
LQAI and SPY share 76 common holdings with a 31.1% weight overlap. Combined, they hold 519 unique securities.
Which pays a higher dividend, LQAI or SPY?
LQAI yields 0.95% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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