QTUP vs SPY
Defiance Pure Quantum ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, QTUP or SPY?
All Cap Blend against Large Cap Blend.
SPY has a lower expense ratio. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 95.9%.
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 | QTUP | SPY |
|---|---|---|
| Expense Ratio | 0.77% | 0.09%Best |
| AUM | $15M | $814.4B |
| Dividend Yield | 0.00% | 1.01% |
| Holdings | 13 | 505 |
| YTD Return | -13.36% | +13.34%Best |
| 1Y Return | - | +19.97% |
| 3Y Return (annualized) | - | +21.20% |
| 5Y Return (annualized) | - | +12.81% |
| Top 10 Weight | 95.9% | 38.0%Best |
| Fund Family | Defiance ETFs, LLC | State Street Investment Management |
| Category | Equity | Equity |
| Style | All Cap Blend | Large Cap Blend |
| Inception | Jun 8, 2026 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
QTUP 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.
QTUP vs SPY Performance
Defiance Pure Quantum ETF (QTUP) is an ETF from Defiance ETFs, LLC and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Year to date, QTUP is down 13.36% versus a gain of 13.34% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
QTUP charges 0.77% per year while SPY charges 0.09%. On a $10,000 position that is $77 vs $9 annually, a gap of $68 per year that compounds over a long holding period. On income, QTUP currently yields 0.00% against 1.01% for SPY.
Holdings Overlap
We hold position weights for 12 holdings in QTUP and 504 in SPY, totalling 100.0% and 100.0% 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 12 positions we hold weights for in QTUP and 504 in SPY, against full books of 13 and 505.
What only one of them owns
Our book lists 496 positions for SPY that do not appear in our book for QTUP (99.5% of the fund), and 9 for QTUP that do not appear in SPY (82.8%).
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.
You are not choosing between two funds in isolation.
Whichever of QTUP 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, QTUP or SPY?
QTUP has an expense ratio of 0.77% while SPY charges 0.09%. SPY is the cheaper option, by $68 a year on a $10,000 investment.
Which pays a higher dividend, QTUP or SPY?
QTUP yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
Is SPY better than QTUP?
SPY has a lower expense ratio. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 95.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.