SCAP vs SPY
Infrastructure Capital Small Cap Income ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, SCAP or SPY?
Small Cap Blend against Large Cap Blend.
SPY has a lower expense ratio. SPY led over 1Y and the full window.
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 | SCAP | SPY |
|---|---|---|
| Expense Ratio | 2.20% | 0.09%Best |
| AUM | $20M | $814.4B |
| Dividend Yield | 8.00% | 1.01% |
| Holdings | 106 | 505 |
| YTD Return | +10.81% | +13.34%Best |
| 1Y Return | +16.92% | +19.97%Best |
| 3Y Return (annualized) | - | +21.20% |
| 5Y Return (annualized) | - | +12.81% |
| Volatility (annualized) | 15.1% | 11.8%Best |
| Max Drawdown | -24.1% | -18.8%Best |
| $10,000 over 2.7 years | $15,470 | $17,065Best |
| Fund Family | Infrastructure Capital Advisors, LLC | State Street Investment Management |
| Category | Equity | Equity |
| Style | Small Cap Blend | Large Cap Blend |
| Inception | Dec 11, 2023 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Dec 12, 2023 to Sep 4, 2026 (2.7 years).
SCAP 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 2.7 years both funds cover.
SCAP vs SPY Performance
Infrastructure Capital Small Cap Income ETF (SCAP) is an ETF from Infrastructure Capital Advisors, LLC and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year SCAP returned +16.92% while SPY returned +19.97%. Year to date, SCAP is up 10.81% versus a gain of 13.34% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCAP has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 11.8% 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 -24.1% for SCAP 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
SCAP charges 2.20% per year while SPY charges 0.09%. On a $10,000 position that is $220 vs $9 annually, a gap of $211 per year that compounds over a long holding period. On income, SCAP currently yields 8.00% against 1.01% for SPY.
Holdings Overlap
At least 0.2% of SPY's money is in holdings SCAP also owns.
Only one direction is shown: for SCAP, our book for it lists positions totalling 121.4% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
We cannot see either book well enough to say how much of this pair is duplicated.
4 positions in common, counted across the 67 positions we hold weights for in SCAP and 504 in SPY, against full books of 106 and 505.
You are not choosing between two funds in isolation.
Whichever of SCAP and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, SCAP or SPY?
SCAP has an expense ratio of 2.20% while SPY charges 0.09%. SPY is the cheaper option, by $211 a year on a $10,000 investment.
Which performed better, SCAP or SPY?
Over the past year SCAP returned +16.92% vs +19.97% for SPY, so SPY leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, SCAP or SPY?
SCAP has been the more volatile fund at 15.1% annualized versus 11.8% for SPY. Worst drawdown: SCAP -24.1% vs SPY -18.8%.
Should I hold both SCAP and SPY?
SCAP and SPY have a monthly-return correlation of 0.76, 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, SCAP or SPY?
SCAP yields 8.00% while SPY yields 1.01%, so SCAP currently pays the higher dividend yield.
Is SPY better than SCAP?
SPY has a lower expense ratio. SPY led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.