RACK vs SPY
VanEck Data Center Supply Chain ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, RACK or SPY?
Large Cap Value against Large Cap Blend.
SPY has a lower expense ratio. RACK led over the full window, SPY over 1Y. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 44.6%.
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 | RACK | SPY |
|---|---|---|
| Expense Ratio | 0.50% | 0.09%Best |
| AUM | $60M | $804.7B |
| Dividend Yield | 0.00% | 0.98% |
| Holdings | 51 | 505 |
| YTD Return | -13.55% | +11.45%Best |
| 1Y Return | -13.55% | +15.87%Best |
| 3Y Return (annualized) | - | +20.93% |
| 5Y Return (annualized) | - | +12.59% |
| Volatility (annualized) | 229121403.5% | 14.6%Best |
| Max Drawdown | - | -34.1% |
| $10,000 over 12.6 years | $92,399Best | $44,406 |
| Top 10 Weight | 44.6% | 37.8%Best |
| Fund Family | VanEck | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Jun 1, 2026 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 12.6 years row, are measured over the window both funds cover: Feb 18, 2014 to Sep 15, 2026 (12.6 years).
RACK 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 12.6 years both funds cover.
RACK vs SPY Performance
VanEck Data Center Supply Chain ETF (RACK) is an ETF from VanEck and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year RACK returned -13.55% while SPY returned +15.87%. Year to date, RACK is down 13.55% versus a gain of 11.45% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RACK has been the more volatile fund, with annualized monthly volatility of 229121403.5% compared with 14.6% for SPY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at -0.08. They move largely independently of each other.
Fees and Cost Over Time
RACK charges 0.50% per year while SPY charges 0.09%. On a $10,000 position that is $50 vs $9 annually, a gap of $41 per year that compounds over a long holding period. On income, RACK currently yields 0.00% against 0.98% for SPY.
Holdings Overlap
79.9% of RACK's money is in holdings SPY also owns. 18.1% of SPY's money is in holdings RACK also owns.
Most of RACK is already inside SPY. Owning both mostly buys the same companies twice.
33 positions in common, counted across the 50 positions we hold weights for in RACK and 504 in SPY, against full books of 51 and 505.
What only one of them owns
Our book lists 464 positions for SPY that do not appear in our book for RACK (81.2% of the fund), and 12 for RACK that do not appear in SPY (11.5%).
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 RACK | Weight in SPY | Difference |
|---|---|---|---|
| NVDANvidia Corp | 4.96% | 8.01% | 3.05% |
| AVGOBroadcom Inc | 4.55% | 2.66% | 1.89% |
| MUMicron Technology, Inc. | 4.79% | 1.60% | 3.19% |
| CEGConstellation Energy Corporation Com | 5.30% | 0.14% | 5.16% |
| APHAmphenol Corp. Class A | 5.01% | 0.31% | 4.70% |
| ETNEaton Corp Plc | 4.31% | 0.23% | 4.08% |
| PEGPublic Svc Ent Group | 4.06% | 0.06% | 4.00% |
| ANETArista Networks Inc. | 3.58% | 0.30% | 3.28% |
| SNDKSandisk Corp/De | 3.45% | 0.35% | 3.10% |
| AMDAdvanced Micro Devices Inc | 2.65% | 1.14% | 1.51% |
79.9% of RACK 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, RACK or SPY?
RACK has an expense ratio of 0.50% while SPY charges 0.09%. SPY is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, RACK or SPY?
Over the past year RACK returned -13.55% vs +15.87% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (13 years), RACK annualized +19.30% vs +12.56% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RACK or SPY?
RACK has been the more volatile fund at 229121403.5% annualized versus 14.6% for SPY.
Should I hold both RACK and SPY?
RACK and SPY have a monthly-return correlation of -0.08, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between RACK and SPY?
79.9% of RACK's money is in holdings SPY also owns. 18.1% of SPY's is in holdings RACK also owns. They hold 33 positions in common, counted across the 50 positions we hold weights for in RACK and 504 in SPY.
Which pays a higher dividend, RACK or SPY?
RACK yields 0.00% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than RACK?
SPY has a lower expense ratio. RACK led over the full window, SPY over 1Y. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 44.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.