QRFT vs SPY
Qraft AI-Enhanced US Large Cap ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, QRFT or SPY?
Large Cap Growth against Large Cap Blend.
SPY has a lower expense ratio. QRFT led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.95. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 44.4%.
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 | QRFT | SPY |
|---|---|---|
| Expense Ratio | 0.75% | 0.09%Best |
| AUM | $9M | $804.7B |
| Dividend Yield | 0.25% | 0.98% |
| Holdings | 301 | 505 |
| Volatility (annualized) | 17.6% | 16.6%Best |
| Max Drawdown | -30.2%Best | -34.1% |
| $10,000 over 7.2 years | $28,683Best | $28,257 |
| Top 10 Weight | 44.4% | 38.0%Best |
| Fund Family | QRAFT AI ETFs | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | May 20, 2019 | Jan 22, 1993 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 52 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. QRFT has data through Jul 21, 2026 and SPY through Sep 11, 2026.
Volatility and max drawdown, and the $10,000 over 7.2 years row, are measured over the window both funds cover: May 21, 2019 to Jul 21, 2026 (7.2 years).
Risk: Volatility and Drawdowns
QRFT has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 16.6% 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 -30.2% for QRFT and -34.1% 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QRFT 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, QRFT currently yields 0.25% against 0.98% for SPY.
Holdings Overlap
93.0% of QRFT's money is in holdings SPY also owns. 68.4% of SPY's money is in holdings QRFT also owns.
Most of QRFT is already inside SPY. Owning both mostly buys the same companies twice.
The two holdings books were reported 96 days apart, QRFT as of Apr 30, 2026 and SPY as of Aug 4, 2026, so some of the difference between them is the time between the two reports rather than the funds.
238 positions in common, counted across the 293 positions we hold weights for in QRFT and 504 in SPY, against full books of 301 and 505.
What only one of them owns
Our book lists 258 positions for SPY that do not appear in our book for QRFT (31.2% of the fund), and 43 for QRFT that do not appear in SPY (2.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in QRFT | Weight in SPY | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 9.65% | 7.71% | 1.94% |
| AAPLApple, Inc | 9.21% | 6.83% | 2.38% |
| AMZNAmazon.Com Inc | 5.92% | 4.08% | 1.84% |
| GOOGLAlphabet A Usd 0.001 | 4.70% | 3.33% | 1.37% |
| AVGOBroadcom Inc | 4.11% | 2.97% | 1.14% |
| TSLATesla Inc | 3.26% | 1.38% | 1.88% |
| LLYEli Lilly & Co. | 2.00% | 1.33% | 0.67% |
| MUMicron Technology, Inc. | 1.72% | 1.51% | 0.21% |
| JPMJpmorgan Chase & Co. | 1.69% | 1.44% | 0.25% |
| WMTWalmart, Inc. | 2.17% | 0.73% | 1.44% |
93.0% of QRFT is already inside SPY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QRFT or SPY?
QRFT has an expense ratio of 0.75% while SPY charges 0.09%. SPY is the cheaper option, by $66 a year on a $10,000 investment.
Which is riskier, QRFT or SPY?
QRFT has been the more volatile fund at 17.6% annualized versus 16.6% for SPY. Worst drawdown: QRFT -30.2% vs SPY -34.1%.
Should I hold both QRFT and SPY?
QRFT and SPY have a monthly-return correlation of 0.95, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between QRFT and SPY?
93.0% of QRFT's money is in holdings SPY also owns. 68.4% of SPY's is in holdings QRFT also owns. They hold 238 positions in common, counted across the 293 positions we hold weights for in QRFT and 504 in SPY.
Which pays a higher dividend, QRFT or SPY?
QRFT yields 0.25% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than QRFT?
SPY has a lower expense ratio. QRFT led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.95. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 44.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.