RJDI vs SPY
RJ Eagle GCM Dividend Select Income ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, RJDI or SPY?
Large Cap Value against Large Cap Blend.
SPY has a lower expense ratio. RJDI led over 1Y. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 42.2%.
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 | RJDI | SPY |
|---|---|---|
| Expense Ratio | 0.63% | 0.09%Best |
| AUM | $126M | $804.7B |
| Dividend Yield | 0.78% | 0.98% |
| Holdings | 37 | 505 |
| YTD Return | +14.53%Best | +11.97% |
| 1Y Return | +17.18%Best | +16.40% |
| 3Y Return (annualized) | - | +21.10% |
| 5Y Return (annualized) | - | +12.88% |
| Top 10 Weight | 42.2% | 37.8%Best |
| Fund Family | Raymond James Financial, Inc. | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | Oct 2, 2025 | Jan 22, 1993 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
RJDI 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.
RJDI vs SPY Performance
RJ Eagle GCM Dividend Select Income ETF (RJDI) is an ETF from Raymond James Financial, Inc. and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year RJDI returned +17.18% while SPY returned +16.40%. Year to date, RJDI is up 14.53% versus a gain of 11.97% for SPY.
Past performance does not guarantee future results.
Fees and Cost Over Time
RJDI charges 0.63% per year while SPY charges 0.09%. On a $10,000 position that is $63 vs $9 annually, a gap of $54 per year that compounds over a long holding period. On income, RJDI currently yields 0.78% against 0.98% for SPY.
Holdings Overlap
91.7% of RJDI's money is in holdings SPY also owns. 24.9% of SPY's money is in holdings RJDI also owns.
Most of RJDI is already inside SPY. Owning both mostly buys the same companies twice.
33 positions in common, counted across the 35 positions we hold weights for in RJDI and 504 in SPY, against full books of 37 and 505.
What only one of them owns
Measured across the 35 and 504 positions we hold weights for.
SPY holds 464 positions RJDI does not, 74.4% of the fund.
Largest: NVDA 8.01%, AMZN 3.79%, GOOGL 2.99%, GOOG 2.39%, META 1.93%
Top Shared Holdings
| Stock | Weight in RJDI | Weight in SPY | Difference |
|---|---|---|---|
| AAPLApple, Inc | 3.99% | 7.26% | 3.27% |
| AVGOBroadcom Inc | 7.22% | 2.66% | 4.56% |
| MSFTMicrosoft Corp | 3.46% | 5.66% | 2.20% |
| JPMJpmorgan Chase | 4.38% | 1.45% | 2.93% |
| ADIAnalog Devices, Inc. | 4.42% | 0.26% | 4.16% |
| WMTWalmart, Inc. | 3.76% | 0.71% | 3.05% |
| ABBVAbbvie Inc. | 3.50% | 0.70% | 2.80% |
| JCIJohnson Controls Intl Plc | 4.01% | 0.13% | 3.88% |
| WELLWelltower, Inc. | 3.84% | 0.26% | 3.58% |
| JNJJohnson & Johnson - Common | 3.01% | 0.99% | 2.02% |
91.7% of RJDI 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, RJDI or SPY?
RJDI has an expense ratio of 0.63% while SPY charges 0.09%. SPY is the cheaper option, by $54 a year on a $10,000 investment.
Which performed better, RJDI or SPY?
Over the past year RJDI returned +17.18% vs +16.40% for SPY, so RJDI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
What is the holdings overlap between RJDI and SPY?
91.7% of RJDI's money is in holdings SPY also owns. 24.9% of SPY's is in holdings RJDI also owns. They hold 33 positions in common, counted across the 35 positions we hold weights for in RJDI and 504 in SPY.
Which pays a higher dividend, RJDI or SPY?
RJDI yields 0.78% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than RJDI?
SPY has a lower expense ratio. RJDI led over 1Y. SPY is less concentrated, with 37.8% of the fund in its ten largest positions against 42.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.