SDMF 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

MetricSDMFSPYWinner
Expense Ratio0.35%0.09%
AUM-$789.1B
Dividend Yield-1.01%
Holdings0505
YTD Return+3.80%+13.75%
1Y Return-+22.91%
3Y Return (annualized)-+21.67%
5Y Return (annualized)-+13.32%
Volatility (annualized)-15.3%
Max Drawdown-6.2%-56.5%
Fund FamilySimplify Exchange Traded FundsState Street Investment Management
CategoryAlternativeEquity
InceptionFeb 17, 2026Jan 22, 1993

SDMF vs SPY Performance

Simplify DBi CTA Managed Futures Index ETF (SDMF) is a ETF from Simplify Exchange Traded Funds and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, SDMF is up 3.80% versus a gain of 13.75% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -6.2% for SDMF 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

SDMF charges 0.35% per year while SPY charges 0.09%. On a $10,000 position that is $35 vs $9 annually, a gap of $26 per year that compounds over a long holding period.

Frequently Asked Questions

Which is cheaper, SDMF or SPY?

SDMF has an expense ratio of 0.35% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $26 per year of difference.

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