PBEU vs SPY

PBEU vs SPY
See what your portfolio actually owns
Your funds unpacked, overlap, fees and score, free on screen. The full report comes with FundXLS. Download sample.
X-ray my portfolio free

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

MetricPBEUSPYWinner
Expense Ratio0.13%0.09%
AUM$464M$814.4B
Dividend Yield0.01%1.01%
Holdings58505
YTD Return+23.66%+13.78%
1Y Return-+21.44%
3Y Return (annualized)-+21.38%
5Y Return (annualized)-+12.80%
Volatility (annualized)-15.2%
Max Drawdown-17.3%-56.5%
Fund FamilyPortfolio Building Block ETFsState Street Investment Management
CategoryEquityEquity
InceptionNov 24, 2025Jan 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 23.66% versus a gain of 13.78% 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

0.0%overlap

PBEU and SPY share 0 holdings out of 557 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

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 0 common holdings with a 0.0% weight overlap. Combined, they hold 557 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.

Get Full ETF Analytics

Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.

See what your portfolio actually owns
Your funds unpacked, overlap, fees and score, free on screen. The full report comes with FundXLS. Download sample.
X-ray my portfolio free