QSIG vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: SPYMore Diversified: SPY

Side-by-Side Comparison

MetricQSIGSPYWinner
Expense Ratio0.18%0.09%
AUM$53M$789.1B
Dividend Yield4.47%1.01%
Holdings625505
YTD Return-1.58%+13.39%
1Y Return+0.17%+22.52%
3Y Return (annualized)+4.42%+21.36%
5Y Return (annualized)+1.68%+13.19%
Volatility (annualized)2.8%15.3%
Max Drawdown-23.5%-56.5%
Fund FamilyWisdomTree InvestmentsState Street Investment Management
CategoryFixed IncomeEquity
InceptionApr 27, 2016Jan 22, 1993

QSIG vs SPY Performance

WisdomTree US Short-Term Corporate Bond Fund (QSIG) is a ETF from WisdomTree Investments and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year QSIG returned +0.17% while SPY returned +22.52%. Year to date, QSIG is down 1.58% versus a gain of 13.39% for SPY.

Over three years, QSIG compounded at +4.42% per year against +21.36% for SPY; over five years the annualized figures are +1.68% and +13.19% respectively. Across the full 10-year window we track, SPY has the edge at +8.84% annualized vs +2.13%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 2.8% for QSIG. 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 -23.5% for QSIG and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.53. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

QSIG charges 0.18% per year while SPY charges 0.09%. On a $10,000 position that is $18 vs $9 annually, a gap of $9 per year that compounds over a long holding period. On income, QSIG currently yields 4.47% against 1.01% for SPY.

Holdings Overlap

0.0%overlap

QSIG and SPY share 0 holdings out of 512 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, QSIG or SPY?

QSIG has an expense ratio of 0.18% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $9 per year of difference.

Which performed better, QSIG or SPY?

Over the past year QSIG returned +0.17% vs +22.52% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (10 years), QSIG annualized +2.13% vs +8.84% for SPY. Past performance does not guarantee future results.

Which is riskier, QSIG or SPY?

SPY has been the more volatile fund at 15.3% annualized versus 2.8% for QSIG. Worst drawdown: QSIG -23.5% vs SPY -56.5%.

Should I hold both QSIG and SPY?

QSIG and SPY have a monthly-return correlation of 0.53, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between QSIG and SPY?

QSIG and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 512 unique securities.

Which pays a higher dividend, QSIG or SPY?

QSIG yields 4.47% while SPY yields 1.01%, so QSIG currently pays the higher dividend yield.

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