QBY vs SPY

QBY vs SPY

Which is better, QBY or SPY?

Option Writing against Large Cap Blend.

SPY has a lower expense ratio.

Lower Fees: SPY

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

MetricQBYSPY
Expense Ratio1.07%0.09%Best
AUM$2M$804.7B
Dividend Yield178.97%0.98%
Holdings8505
YTD Return-40.68%+11.52%Best
1Y Return-+17.48%
3Y Return (annualized)-+20.62%
5Y Return (annualized)-+12.73%
Fund FamilyGraniteSharesState Street Investment Management
CategoryAlternativeEquity
StyleOption WritingLarge Cap Blend
InceptionNov 25, 2025Jan 22, 1993

Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.

QBY 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.

QBY vs SPY Performance

GraniteShares YieldBoost QBTS ETF (QBY) is an ETF from GraniteShares and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, QBY is down 40.68% versus a gain of 11.52% for SPY.

Past performance does not guarantee future results.

Fees and Cost Over Time

QBY 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, QBY currently yields 178.97% against 0.98% for SPY.

You are not choosing between two funds in isolation.

Whichever of QBY and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

QBYSPY

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, QBY or SPY?

QBY 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 pays a higher dividend, QBY or SPY?

QBY yields 178.97% while SPY yields 0.98%, so QBY currently pays the higher dividend yield.

Is SPY better than QBY?

SPY has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.