NVPS vs SPY

NVPS 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

MetricNVPSSPYWinner
Expense Ratio0.75%0.09%
AUM$5M$821.1B
Dividend Yield0.00%1.01%
Holdings40505
YTD Return-16.36%+12.22%
1Y Return-+20.83%
3Y Return (annualized)-+21.70%
5Y Return (annualized)-+12.98%
Volatility (annualized)-15.3%
Max Drawdown-32.5%-56.5%
Fund FamilyExchange Traded Concepts TrustState Street Investment Management
CategoryEquityEquity
InceptionJun 17, 2026Jan 22, 1993

NVPS vs SPY Performance

PurePlay NVIDIA Ecosystem Picks & Shovels Index ETF (NVPS) is a ETF from Exchange Traded Concepts Trust and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, NVPS is down 16.36% versus a gain of 12.22% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -32.5% for NVPS 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

NVPS 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, NVPS currently yields 0.00% against 1.01% for SPY.

Holdings Overlap

7.1%overlap

NVPS and SPY share 15 holdings out of 529 unique holdings combined, representing a 7.1% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in NVPSWeight in SPYDifference
MU9.01%1.51%7.50%
VRT5.57%0.16%5.41%
AVGO2.39%2.97%0.58%
AMATProProPro
MRVLProProPro
LRCXProProPro
KLACProProPro
ANETProProPro
DELLProProPro
SMCIProProPro
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Frequently Asked Questions

Which is cheaper, NVPS or SPY?

NVPS 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.

What is the holdings overlap between NVPS and SPY?

NVPS and SPY share 15 common holdings with a 7.1% weight overlap. Combined, they hold 529 unique securities.

Which pays a higher dividend, NVPS or SPY?

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

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