NUIF vs SPY

NUIF vs SPY

Which is better, NUIF or SPY?

Mid Cap Blend against Large Cap Blend.

SPY has a lower expense ratio. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 54.0%.

Lower Fees: SPYLess Concentrated: SPY

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

MetricNUIFSPY
Expense Ratio0.55%0.09%Best
AUM$24M$814.4B
Dividend Yield0.00%1.01%
Holdings37505
YTD Return-0.19%+13.34%Best
1Y Return-+19.97%
3Y Return (annualized)-+21.20%
5Y Return (annualized)-+12.81%
Top 10 Weight54.0%38.0%Best
Fund FamilyNuveenState Street Investment Management
CategoryEquityEquity
StyleMid Cap BlendLarge Cap Blend
InceptionJun 17, 2026Jan 22, 1993

Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.

NUIF 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.

NUIF vs SPY Performance

Nuveen US Infrastructure ETF (NUIF) is an ETF from Nuveen and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, NUIF is down 0.19% versus a gain of 13.34% for SPY.

Past performance does not guarantee future results.

Fees and Cost Over Time

NUIF charges 0.55% per year while SPY charges 0.09%. On a $10,000 position that is $55 vs $9 annually, a gap of $46 per year that compounds over a long holding period. On income, NUIF currently yields 0.00% against 1.01% for SPY.

Holdings Overlap

NUIF already in SPY73.5%
SPY already in NUIF2.3%

73.5% of NUIF's money is in holdings SPY also owns. 2.3% of SPY's money is in holdings NUIF also owns.

Most of NUIF is already inside SPY. Owning both mostly buys the same companies twice.

24 positions in common, counted across the 38 positions we hold weights for in NUIF and 503 in SPY, against full books of 37 and 505.

What only one of them owns

Our book lists 469 positions for SPY that do not appear in our book for NUIF (97.1% of the fund), and 4 for NUIF that do not appear in SPY (8.6%).

Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.

Top Shared Holdings

StockWeight in NUIFWeight in SPYDifference
ETREntergy Corp.7.40%0.07%7.33%
NEENextera Energy Inc7.11%0.27%6.84%
AEPAmerican Electric Power Co Inc7.13%0.10%7.03%
XELXcel Energy Inc.6.34%0.07%6.27%
LNTAlliant Energy Corp.5.01%0.03%4.98%
WMBWilliams Cos Inc/the4.22%0.13%4.09%
AEEAmeren Corp.4.18%0.05%4.13%
TRGPTarga Resources Inc3.91%0.08%3.83%
WMWaste Management  Inc .3.46%0.13%3.33%
UNPUnion Pacific Corp2.70%0.26%2.44%

73.5% of NUIF is already inside SPY.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

NUIFSPY

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, NUIF or SPY?

NUIF has an expense ratio of 0.55% while SPY charges 0.09%. SPY is the cheaper option, by $46 a year on a $10,000 investment.

What is the holdings overlap between NUIF and SPY?

73.5% of NUIF's money is in holdings SPY also owns. 2.3% of SPY's is in holdings NUIF also owns. They hold 24 positions in common, counted across the 38 positions we hold weights for in NUIF and 503 in SPY.

Which pays a higher dividend, NUIF or SPY?

NUIF yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

Is SPY better than NUIF?

SPY has a lower expense ratio. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 54.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.