RNTY vs SPY

RNTY vs SPY
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Quick Verdict

SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.

Lower Fees: SPYHigher Returns: SPYMore Diversified: SPY

Side-by-Side Comparison

MetricRNTYSPYWinner
Expense Ratio0.99%0.09%
AUM$9M$821.1B
Dividend Yield12.07%1.01%
Holdings72505
YTD Return+9.33%+12.68%
1Y Return+11.69%+21.82%
3Y Return (annualized)-+21.98%
5Y Return (annualized)-+12.89%
Volatility (annualized)9.9%15.3%
Max Drawdown-7.9%-56.5%
Fund FamilyYieldMax ETFState Street Investment Management
CategoryAlternativeEquity
InceptionApr 16, 2025Jan 22, 1993

RNTY vs SPY Performance

YieldMax Target 12 Real Estate Option Income ETF (RNTY) is a ETF from YieldMax ETF and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year RNTY returned +11.69% while SPY returned +21.82%. Year to date, RNTY is up 9.33% versus a gain of 12.68% for SPY.

Risk: Volatility and Drawdowns

SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 9.9% for RNTY. 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 -7.9% for RNTY 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 0.47. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

RNTY charges 0.99% per year while SPY charges 0.09%. On a $10,000 position that is $99 vs $9 annually, a gap of $90 per year that compounds over a long holding period. On income, RNTY currently yields 12.07% against 1.01% for SPY.

Holdings Overlap

1.6%overlap

RNTY and SPY share 21 holdings out of 510 unique holdings combined, representing a 1.6% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in RNTYWeight in SPYDifference
WELL7.31%0.25%7.06%
PLD6.54%0.19%6.35%
DLR5.97%0.10%5.87%
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TPLProProPro
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Frequently Asked Questions

Which is cheaper, RNTY or SPY?

RNTY has an expense ratio of 0.99% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $90 per year of difference.

Which performed better, RNTY or SPY?

Over the past year RNTY returned +11.69% vs +21.82% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (1 years), RNTY annualized +9.92% vs +8.81% for SPY. Past performance does not guarantee future results.

Which is riskier, RNTY or SPY?

SPY has been the more volatile fund at 15.3% annualized versus 9.9% for RNTY. Worst drawdown: RNTY -7.9% vs SPY -56.5%.

Should I hold both RNTY and SPY?

RNTY and SPY have a monthly-return correlation of 0.47, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between RNTY and SPY?

RNTY and SPY share 21 common holdings with a 1.6% weight overlap. Combined, they hold 510 unique securities.

Which pays a higher dividend, RNTY or SPY?

RNTY yields 12.07% while SPY yields 1.01%, so RNTY currently pays the higher dividend yield.

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