SCLS vs SPY
Stoneport Advisors Commodity Long Short ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, SCLS or SPY?
Long-Short Strategy against Large Cap Blend.
SPY has a lower expense ratio.
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 | SCLS | SPY |
|---|---|---|
| Expense Ratio | 1.10% | 0.09%Best |
| AUM | $594,436.73 | $804.7B |
| Dividend Yield | 0.32% | 0.98% |
| Holdings | 40 | 505 |
| Fund Family | Stoneport Advisors, LLC | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Long-Short Strategy | Large Cap Blend |
| Inception | Nov 3, 2025 | Jan 22, 1993 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
The two price series end 94 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. SCLS has data through Jun 16, 2026 and SPY through Sep 18, 2026.
Fees and Cost Over Time
SCLS charges 1.10% per year while SPY charges 0.09%. On a $10,000 position that is $110 vs $9 annually, a gap of $101 per year that compounds over a long holding period. On income, SCLS currently yields 0.32% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 1 holding in SCLS and 504 in SPY, totalling 78.6% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 185 days apart, SCLS as of Feb 28, 2026 and SPY as of Sep 1, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 1 positions we hold weights for in SCLS and 504 in SPY, against full books of 40 and 505.
You are not choosing between two funds in isolation.
Whichever of SCLS 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, SCLS or SPY?
SCLS has an expense ratio of 1.10% while SPY charges 0.09%. SPY is the cheaper option, by $101 a year on a $10,000 investment.
Which pays a higher dividend, SCLS or SPY?
SCLS yields 0.32% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than SCLS?
SPY has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.