PLTY vs SPY
YieldMax PLTR Option Income Strategy ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, PLTY or SPY?
Multi Alternative against Large Cap Blend.
SPY has a lower expense ratio. PLTY led over the full window, SPY over 1Y.
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
| Metric | PLTY | SPY |
|---|---|---|
| Expense Ratio | 1.07% | 0.09%Best |
| AUM | $383M | $804.7B |
| Dividend Yield | 123.43% | 0.98% |
| Holdings | 30 | 505 |
| YTD Return | +9.15% | +12.09%Best |
| 1Y Return | +4.01% | +16.29%Best |
| 3Y Return (annualized) | - | +21.20% |
| 5Y Return (annualized) | - | +13.37% |
| Volatility (annualized) | 54.7% | 12.8%Best |
| Max Drawdown | -41.4% | -18.8%Best |
| $10,000 over 1.9 years | $27,138Best | $13,469 |
| Fund Family | YieldMax ETF | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Blend |
| Inception | Oct 7, 2024 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Oct 8, 2024 to Sep 18, 2026 (1.9 years).
PLTY 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 covers the 1.9 years both funds cover.
PLTY vs SPY Performance
YieldMax PLTR Option Income Strategy ETF (PLTY) is an ETF from YieldMax ETF and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year PLTY returned +4.01% while SPY returned +16.29%. Year to date, PLTY is up 9.15% versus a gain of 12.09% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PLTY has been the more volatile fund, with annualized monthly volatility of 54.7% compared with 12.8% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -41.4% for PLTY and -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.24. They move largely independently of each other.
Fees and Cost Over Time
PLTY charges 1.07% per year while SPY charges 0.09%. On a $10,000 position that is $107 vs $9 annually, a gap of $98 per year that compounds over a long holding period. On income, PLTY currently yields 123.43% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 2 holdings in PLTY and 504 in SPY, totalling 24.6% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in PLTY and 504 in SPY, against full books of 30 and 505.
You are not choosing between two funds in isolation.
Whichever of PLTY and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, PLTY or SPY?
PLTY has an expense ratio of 1.07% while SPY charges 0.09%. SPY is the cheaper option, by $98 a year on a $10,000 investment.
Which performed better, PLTY or SPY?
Over the past year PLTY returned +4.01% vs +16.29% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), PLTY annualized +69.12% vs +16.97% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PLTY or SPY?
PLTY has been the more volatile fund at 54.7% annualized versus 12.8% for SPY. Worst drawdown: PLTY -41.4% vs SPY -18.8%.
Should I hold both PLTY and SPY?
PLTY and SPY have a monthly-return correlation of 0.24, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, PLTY or SPY?
PLTY yields 123.43% while SPY yields 0.98%, so PLTY currently pays the higher dividend yield.
Is SPY better than PLTY?
SPY has a lower expense ratio. PLTY led over the full window, SPY over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.