NUIF vs SPY

NUIF vs SPY
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Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 505 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricNUIFSPYWinner
Expense Ratio0.55%0.09%
AUM$20M$821.1B
Dividend Yield0.00%1.01%
Holdings37505
YTD Return+1.41%+14.24%
1Y Return-+21.71%
3Y Return (annualized)-+22.10%
5Y Return (annualized)-+13.21%
Volatility (annualized)-15.3%
Max Drawdown-6.3%-56.5%
Fund FamilyNuveenState Street Investment Management
CategoryEquityEquity
InceptionJun 17, 2026Jan 22, 1993

NUIF vs SPY Performance

Nuveen US Infrastructure ETF (NUIF) is a ETF from Nuveen and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, NUIF is up 1.41% versus a gain of 14.24% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -6.3% for NUIF and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

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

2.1%overlap

NUIF and SPY share 23 holdings out of 518 unique holdings combined, representing a 2.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in NUIFWeight in SPYDifference
NEE7.68%0.27%7.41%
ETR7.29%0.07%7.22%
AEP6.94%0.10%6.84%
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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. On a $10,000 investment, that is $46 per year of difference.

What is the holdings overlap between NUIF and SPY?

NUIF and SPY share 23 common holdings with a 2.1% weight overlap. Combined, they hold 518 unique securities.

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.

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