RBLD vs SPY
First Trust Alerian US NextGen Infrastructure ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, RBLD or SPY?
Mid Cap Value against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. RBLD is less concentrated, with 12.2% of the fund in its ten largest positions against 37.8%.
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 | RBLD | SPY |
|---|---|---|
| Expense Ratio | 0.65% | 0.09%Best |
| AUM | $42M | $804.7B |
| Dividend Yield | 0.98% | 0.98% |
| Holdings | 104 | 505 |
| YTD Return | +10.16% | +10.96%Best |
| 1Y Return | +13.70% | +15.52%Best |
| 3Y Return (annualized) | +17.76% | +20.73%Best |
| 5Y Return (annualized) | - | +12.53% |
| Volatility (annualized) | 16.6% | 14.2%Best |
| Max Drawdown | -19.1% | -18.8%Best |
| $10,000 over 4.1 years | $17,660 | $19,283Best |
| Top 10 Weight | 12.2%Best | 37.8% |
| Fund Family | First Trust Portfolios (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Blend |
| Inception | Oct 13, 2008 | Jan 22, 1993 |
Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Aug 1, 2022 to Sep 16, 2026 (4.1 years).
RBLD 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 4.1 years both funds cover.
RBLD vs SPY Performance
First Trust Alerian US NextGen Infrastructure ETF (RBLD) is an ETF from First Trust Portfolios (US) and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year RBLD returned +13.70% while SPY returned +15.52%. Year to date, RBLD is up 10.16% versus a gain of 10.96% for SPY.
Over three years, RBLD compounded at +17.76% per year against +20.73% for SPY. Across the full 4-year window we track, SPY has the edge at +17.37% annualized vs +14.88%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RBLD has been the more volatile fund, with annualized monthly volatility of 16.6% compared with 14.2% 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 -19.1% for RBLD and -18.8% 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
RBLD charges 0.65% per year while SPY charges 0.09%. On a $10,000 position that is $65 vs $9 annually, a gap of $56 per year that compounds over a long holding period. On income, RBLD currently yields 0.98% against 0.98% for SPY.
Holdings Overlap
81.6% of RBLD's money is in holdings SPY also owns. 7.3% of SPY's money is in holdings RBLD also owns.
Most of RBLD is already inside SPY. Owning both mostly buys the same companies twice.
82 positions in common, counted across the 100 positions we hold weights for in RBLD and 504 in SPY, against full books of 104 and 505.
What only one of them owns
Our book lists 415 positions for SPY that do not appear in our book for RBLD (92.0% of the fund), and 16 for RBLD that do not appear in SPY (16.1%).
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 RBLD | Weight in SPY | Difference |
|---|---|---|---|
| SLBSchlumberger Nv. | 1.32% | 0.13% | 1.19% |
| CATCaterpillar, Inc. | 0.88% | 0.55% | 0.33% |
| UNPUnion Pacific Corp | 1.09% | 0.26% | 0.83% |
| MMM3M Company | 1.14% | 0.14% | 1.00% |
| EMREmerson Electric Co. | 1.14% | 0.13% | 1.01% |
| CEGConstellation Energy Corporation Com | 1.13% | 0.14% | 0.99% |
| NUENucor Corp. | 1.16% | 0.09% | 1.07% |
| BKRBaker Hughes Co | 1.15% | 0.10% | 1.05% |
| ETNEaton Corp Plc | 1.02% | 0.23% | 0.79% |
| PHParker-Hannifin Corp. | 1.06% | 0.18% | 0.88% |
81.6% of RBLD 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, RBLD or SPY?
RBLD has an expense ratio of 0.65% while SPY charges 0.09%. SPY is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, RBLD or SPY?
Over the past year RBLD returned +13.70% vs +15.52% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (4 years), RBLD annualized +14.88% vs +17.37% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, RBLD or SPY?
RBLD has been the more volatile fund at 16.6% annualized versus 14.2% for SPY. Worst drawdown: RBLD -19.1% vs SPY -18.8%.
Should I hold both RBLD and SPY?
RBLD and SPY have a monthly-return correlation of 0.81, 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 RBLD and SPY?
81.6% of RBLD's money is in holdings SPY also owns. 7.3% of SPY's is in holdings RBLD also owns. They hold 82 positions in common, counted across the 100 positions we hold weights for in RBLD and 504 in SPY.
Which pays a higher dividend, RBLD or SPY?
RBLD yields 0.98% while SPY yields 0.98%, so RBLD currently pays the higher dividend yield.
Is SPY better than RBLD?
SPY has a lower expense ratio. SPY led over 1Y, 3Y and the full window. RBLD is less concentrated, with 12.2% of the fund in its ten largest positions against 37.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.