PBEU vs SPY
Portfolio Building Block European Banks Index ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | PBEU | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.13% | 0.09% | |
| AUM | $447M | $789.1B | |
| Dividend Yield | 0.01% | 1.01% | |
| Holdings | 56 | 505 | |
| YTD Return | +22.32% | +13.68% | |
| 1Y Return | - | +21.53% | |
| 3Y Return (annualized) | - | +21.44% | |
| 5Y Return (annualized) | - | +13.18% | |
| Volatility (annualized) | - | 15.3% | |
| Max Drawdown | -17.3% | -56.5% | |
| Fund Family | Portfolio Building Block ETFs | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Nov 24, 2025 | Jan 22, 1993 |
PBEU vs SPY Performance
Portfolio Building Block European Banks Index ETF (PBEU) is a ETF from Portfolio Building Block ETFs and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, PBEU is up 22.32% versus a gain of 13.68% for SPY.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -17.3% for PBEU 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
PBEU charges 0.13% per year while SPY charges 0.09%. On a $10,000 position that is $13 vs $9 annually, a gap of $4 per year that compounds over a long holding period. On income, PBEU currently yields 0.01% against 1.01% for SPY.
Holdings Overlap
PBEU and SPY share 1 holdings out of 551 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in PBEU | Weight in SPY | Difference |
|---|---|---|---|
| BG | 0.62% | 0.02% | 0.60% |
Frequently Asked Questions
Which is cheaper, PBEU or SPY?
PBEU has an expense ratio of 0.13% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $4 per year of difference.
What is the holdings overlap between PBEU and SPY?
PBEU and SPY share 1 common holdings with a 0.0% weight overlap. Combined, they hold 551 unique securities.
Which pays a higher dividend, PBEU or SPY?
PBEU yields 0.01% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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