SCLS vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricSCLSSPYWinner
Expense Ratio1.10%0.09%
AUM$594,436.73$789.1B
Dividend Yield0.32%1.01%
Holdings40505
YTD Return+17.57%+13.75%
1Y Return-+22.91%
3Y Return (annualized)-+21.67%
5Y Return (annualized)-+13.32%
Volatility (annualized)-15.3%
Max Drawdown-7.9%-56.5%
Fund FamilyStoneport Advisors, LLCState Street Investment Management
CategoryAlternativeEquity
InceptionNov 3, 2025Jan 22, 1993

SCLS vs SPY Performance

Stoneport Advisors Commodity Long Short ETF (SCLS) is a ETF from Stoneport Advisors, LLC and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, SCLS is up 17.57% versus a gain of 13.75% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -7.9% for SCLS 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

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 1.01% for SPY.

Holdings Overlap

0.0%overlap

SCLS and SPY share 0 holdings out of 504 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

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. On a $10,000 investment, that is $101 per year of difference.

What is the holdings overlap between SCLS and SPY?

SCLS and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 504 unique securities.

Which pays a higher dividend, SCLS or SPY?

SCLS yields 0.32% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.

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