SCA vs SPY

SCA vs SPY
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Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 505 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricSCASPYWinner
Expense Ratio1.07%0.09%
AUM$990,388.57$821.1B
Dividend Yield7.73%1.01%
Holdings0505
YTD Return+8.23%+12.93%
1Y Return-+20.62%
3Y Return (annualized)-+22.00%
5Y Return (annualized)-+13.33%
Volatility (annualized)-15.3%
Max Drawdown-27.4%-56.5%
Fund FamilyGraniteSharesState Street Investment Management
CategoryAlternativeEquity
InceptionMay 27, 2026Jan 22, 1993

SCA vs SPY Performance

GraniteShares Autocallable SMCI ETF (SCA) is a ETF from GraniteShares and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, SCA is up 8.23% versus a gain of 12.93% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -27.4% for SCA and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

SCA charges 1.07% per year while SPY charges 0.09%. On a $10,000 position that is $107 vs $9 annually, a gap of $98 per year that compounds over a long holding period. On income, SCA currently yields 7.73% against 1.01% for SPY.

Frequently Asked Questions

Which is cheaper, SCA or SPY?

SCA has an expense ratio of 1.07% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $98 per year of difference.

Which pays a higher dividend, SCA or SPY?

SCA yields 7.73% while SPY yields 1.01%, so SCA currently pays the higher dividend yield.

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