RVNU vs SPY

RVNU vs SPY

Which is better, RVNU or SPY?

Municipal Bond against Large Cap Blend.

SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window.

Lower Fees: SPYHigher Returns: SPY

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

MetricRVNUSPY
Expense Ratio0.15%0.09%Best
AUM$141M$804.7B
Dividend Yield3.60%0.98%
Holdings292505
YTD Return-1.11%+11.52%Best
1Y Return+1.03%+17.48%Best
3Y Return (annualized)+2.51%+20.62%Best
5Y Return (annualized)-1.22%+12.73%Best
Volatility (annualized)8.0%Best14.5%
Max Drawdown-23.5%Best-34.1%
$10,000 over 5 years$9,405$18,205Best
Fund FamilyXtrackers ETFsState Street Investment Management
CategoryTax PreferredEquity
StyleMunicipal BondLarge Cap Blend
InceptionJun 4, 2013Jan 22, 1993

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Jun 4, 2013 to Sep 10, 2026 (13.3 years).

RVNU 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.

RVNU vs SPY Performance

Xtrackers Municipal Infrastructure Revenue Bond Active ETF (RVNU) is an ETF from Xtrackers ETFs and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year RVNU returned +1.03% while SPY returned +17.48%. Year to date, RVNU is down 1.11% versus a gain of 11.52% for SPY.

Over three years, RVNU compounded at +2.51% per year against +20.62% for SPY; over five years the annualized figures are -1.22% and +12.73% respectively. Across the full 13-year window we track, SPY has the edge at +12.88% annualized vs +0.85%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SPY has been the more volatile fund, with annualized monthly volatility of 14.5% compared with 8.0% for RVNU. 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 -23.5% for RVNU and -34.1% 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 0.37. They move together some of the time, and apart the rest.

Fees and Cost Over Time

RVNU charges 0.15% per year while SPY charges 0.09%. On a $10,000 position that is $15 vs $9 annually, a gap of $6 per year that compounds over a long holding period. On income, RVNU currently yields 3.60% against 0.98% for SPY.

Holdings Overlap

We hold position weights for 144 holdings in RVNU and 504 in SPY, totalling 45.8% 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 144 positions we hold weights for in RVNU and 504 in SPY, against full books of 292 and 505.

You are not choosing between two funds in isolation.

Whichever of RVNU and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

RVNUSPY

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, RVNU or SPY?

RVNU has an expense ratio of 0.15% while SPY charges 0.09%. SPY is the cheaper option, by $6 a year on a $10,000 investment.

Which performed better, RVNU or SPY?

Over the past year RVNU returned +1.03% vs +17.48% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (13 years), RVNU annualized +0.85% vs +12.88% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, RVNU or SPY?

SPY has been the more volatile fund at 14.5% annualized versus 8.0% for RVNU. Worst drawdown: RVNU -23.5% vs SPY -34.1%.

Should I hold both RVNU and SPY?

RVNU and SPY have a monthly-return correlation of 0.37, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

Which pays a higher dividend, RVNU or SPY?

RVNU yields 3.60% while SPY yields 0.98%, so RVNU currently pays the higher dividend yield.

Is SPY better than RVNU?

SPY has a lower expense ratio. SPY led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.